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 Stock market V21, Huge Stimulus Age

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mo_meng
post Feb 26 2009, 10:07 AM

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uchitech .. aii still low le .. last time i bought at 0.94 haha but if it cont to gv good div than nvm lo hold long long also can
chyaw
post Feb 26 2009, 10:09 AM

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I've the same thought. Resorts still is Star Cruise major stakeholder??? Anyone knows?

QUOTE(fergie1100 @ Feb 26 2009, 10:00 AM)
^ I tot RESORTS had disposed most of his stake in Star Cruise? no?
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Freelancer
post Feb 26 2009, 10:09 AM

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QUOTE(sampoo @ Feb 26 2009, 09:44 AM)
is genting free fall now.
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In red.. but strong support at 3.500.
harrychoo
post Feb 26 2009, 10:13 AM

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when resorts will giving out dividen?
Freelancer
post Feb 26 2009, 10:15 AM

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QUOTE(chyaw @ Feb 26 2009, 09:38 AM)
I thought so... But I hope some ppl dump Resorts without really understanding the financial report...
Ya.. they just look at the end - profit figure only.. hmm.gif
fergie1100
post Feb 26 2009, 10:16 AM

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QUOTE(chyaw @ Feb 26 2009, 10:09 AM)
I've the same thought. Resorts still is Star Cruise major stakeholder??? Anyone knows?
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I think Star Cruise is still under the Lims' control with Macau gambling tycoon Stanley Ho as the minor shareholder?


asambuffett
post Feb 26 2009, 10:17 AM

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Bought some TM today, hoping to sell at RM4 in July.

jumped only 20cents yesterday although proposed cash payment is 98 cents. flex.gif
fergie1100
post Feb 26 2009, 10:18 AM

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QUOTE(harrychoo @ Feb 26 2009, 10:13 AM)
when resorts will giving out dividen?
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to be announced
Junior83
post Feb 26 2009, 10:21 AM

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QUOTE(chyaw @ Feb 26 2009, 10:09 AM)
I've the same thought. Resorts still is Star Cruise major stakeholder??? Anyone knows?
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I think not any more.

QUOTE(harrychoo @ Feb 26 2009, 10:13 AM)
when resorts will giving out dividen?
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Not annouce yet.
mo_meng
post Feb 26 2009, 10:23 AM

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walau cannot login to m2u again
cherroy
post Feb 26 2009, 10:34 AM

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Star cruise impariment loss should be the last and one off since Resorts no longer has equity in it. So it come out with clean now with Star Cruise.

It got 400+ million cash, so it mean out of 2.20 you pay for the stock, there are nearly 1.00 is cash.

7 cents annual dividend is about 3% yield (based on 2.20), so if FD rate is going to 2%, I will take it below 2.00.

aurora97
post Feb 26 2009, 10:44 AM

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TMI is only 6 cents way from its 1-3-12 months low RM 3.02.

Worrying part will it snap and head all the way to the south pole like what TM did.... remains to be seen.
cherroy
post Feb 26 2009, 10:46 AM

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The fear of Huaan making a loss is indeed market get it right. It reported nearlly 100 millions of loss on the lastest Q result.
mo_meng
post Feb 26 2009, 10:51 AM

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QUOTE(cherroy @ Feb 26 2009, 10:34 AM)
Star cruise impariment loss should be the last and one off since Resorts no longer has equity in it. So it come out with clean now with Star Cruise.

It got 400+ million cash, so it mean out of 2.20 you pay for the stock, there are nearly 1.00 is cash.

7 cents annual dividend is about 3% yield (based on 2.20), so if FD rate is going to 2%, I will take it below 2.00.
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yup absolutely agree waiting resorts to coming down below 2.2
chyaw
post Feb 26 2009, 10:56 AM

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I think Huaan case is quite obvious. All the steel counters reports bad results to date.

QUOTE(cherroy @ Feb 26 2009, 10:46 AM)
The fear of Huaan making a loss is indeed market get it right. It reported nearlly 100 millions of loss on the lastest Q result.
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kinwawa
post Feb 26 2009, 11:03 AM

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uchitec giving 6 cents TE div......
lklatmy
post Feb 26 2009, 11:08 AM

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QUOTE(cherroy @ Feb 26 2009, 10:34 AM)
Star cruise impariment loss should be the last and one off since Resorts no longer has equity in it. So it come out with clean now with Star Cruise.


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i believe RWB has not divested all it's investments in Star Cruise Ltd,Only part of it was disposed in 2007.

As long as RWB still holds shares in SCL,there is possibility of further writeoff and writeback,all depends.

sharesa
post Feb 26 2009, 11:08 AM

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QUOTE(mo_meng @ Feb 26 2009, 10:23 AM)
walau cannot login to m2u again
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I cannot get into internet for 3 days already! Just got the line back 5 minutes ago.
Streamyx is so lousy under TM. Management is so poor. They have cable problems all the time, and now is problem to login into certain websites!
mo_meng
post Feb 26 2009, 11:12 AM

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no lea .. im not using TM lea .. but click login say system busy shit system like that if emergency need to use than dunno how
chyaw
post Feb 26 2009, 11:23 AM

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I also got problem accessing M2U... Early morning no problem, but now...

QUOTE(mo_meng @ Feb 26 2009, 11:12 AM)
no lea .. im not using TM lea .. but click login say system busy shit system like that if emergency need to use than dunno how
*

Added on February 26, 2009, 11:25 amManage to access now

This post has been edited by chyaw: Feb 26 2009, 11:25 AM

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