i have been looking at it for the pass few days actually seeing it surge from a low of 3.04 to 3.30 than all the way back down, but if it continues this tread what I am afraid is the there seems to be no firm support line or ceiling to this counter.

Like TM before TMI, i feel that there is great opportunity for it to continue its South Bound journey. Remember TMI IPO price was Rm 7 and now RM 3, with more headwinds and bad news in waiting, it would be logical to assume that TMI would prolly hit 2.XX... until than TMI really need to buck up.

As to fundamentals, bottom line figure again emphasis to day traders very tricky.

Means TMI need to pay TM 4 billion while TMI needs to raise their own fund by issuing bond or in other debt form.

Thx for the heads up Cherroy & Pana

Point to ponder..

thats a big ouch, unfortunately for TMI they cant print their own money unlike resort

This post has been edited by aurora97: Feb 25 2009, 02:58 PM

Yes and No. It is not a dividend, it is capital repayment.

Just like you give me 3500, then I give you back 980.

may i know what is BLR now? previously was 5.95.. should it be 5.45 now?

if by April 24, TMI couldnt repay the 4 billion, what would happen?

what i can forsee is,

- no 98 sens capital repayment
- would it upset both the TM & TMI investors, causing the price to slump?

That's why I am surprise and puzzle, people go to chase TMI after TM share rise this morning which doesn't make sense at all. It is a bad news for TMI actually.

at least still get away with the dividend, even though no 98 sens but if they can announce such plans. Than it shouldnt be a problem for TMI to repay the 4 Billion.

For corporate entities it wont look good if one say one thing and cant do it, so most likely even be4 the announcement... some accountant has already done the number crunching for them.

The newer BNM's OPR rate of 2% only start and effective 1 March, so you only see bank slash BLR after 1 March. But they are quick to lower down the FD rate today!

If it did happen, it is disastrous for both stocks.
But since they have proposed the capital repayment, means they are already planning ahead for it already. You won't annouce something you are not sure of, right? So I don't think it will happen.

oohhhh, yah, make sense.

and if capital repayment proposal is approved, TM price would be re-adjusted to 2.XX.

for 2.XX
if they can guaranteed a 18 sens dividend annually
which means around 4-5% DY lor
downside is, limited growth prospect

correct boh?

Well for me personally anyway, i dont know about the rest...

I have some TM shares i bought around 2.95 and still holding, i will wait for dividend and capital repayment (whichever earlier) to continue to average down my cost price. It seems to be a blessing in disguise (or curse) but it seems TM continue to offer upside potential as a future investment to acqure more.

Whilst for TMI, its almost touching its bottom again i believe is 3-6-12 months low which is 3.02, its tempting and the daily flactuation 6 to 10 cents is quite an attractive intraday buy since i have consolidated most of my shares into cash.

I still favour it as a short term play like what pana said (though outlook is pretty neg)

lol i feel a slight excited when i knew that TMI price is coming back to 3.0X region

coz i see trap opportunity!

will the capital repayment affect on the par value of TM which is 1.00 i believe?
btw, did any1 remove the TM thread?
or the database was not being stored up until last night?

wah....really wor...FD rates down to 2% for one month....and 2.5% for 1 year.....so pity those retiree...like my dad....luckily at least he bought the Bon Simpanan Nasional....5% looks a lot now....

for KNM shareholders...



for every 1000 shares of KNM, you're getting RM12.50
not bad what, still have 3% DY

This post has been edited by panasonic88: Feb 25 2009, 03:15 PM

Don't you think the gov is trying to make everyone go for investment? One of the ways to make the money flows.

KNM also 3%......wow....more than FD!
share mana-mana pun boleh beli!

OT: i can see that a lot of the new threads & replies were gone
btw, did any1 know bout the TM par value after the repayment? or will it not affected since they get it from TMI?

OT: talak see announcement by taikor ka?
http://forum.lowyat.net/topic/946103

all post from 24/2 5AM onwards are missing.

ah.... i see...
i shud do "notti" stuff yesterday & avoid being getting banned

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Added on February 25, 2009, 3:37 pmSeems like PBBANK is always the 1st to adjust <Kia Si>.....

This post has been edited by fergie1100: Feb 25 2009, 03:37 PM