I don't know, but I always try to stay far far away from those need shareholders fork out money one, instead giving out money to shareholders.

I always keep in simple.
Why we want to invest in stock? To get a return, dividend or capital appreciation which company can generate worth to us.

For right issue, the situation is like I invest in your company, then you want me to fork out more money.

Buying Maybank with right issue now is somehow similar with a the price of tag (if share price now is 4.10) = 4.10 + (2.74 x 9/20) = 5.33

Edited:

For short term goreng, no comment.

simple yet powerful philosophy.

me being chicken, sold my maybulk at cost price, lost some on brokerage.

Maybulk latest annoucement ~ Final single tier dividend of 30 sen per share.
ex on 23/04/2009.... hopefully i could pick up again at 2.80

How your calculation work here ? What is 2.74 and the multiplier of 9/20 ? Sorry! i was not familiar with this.

I wonder if historically whether rights issues were the right thing (pun intended    )  to do for any company. I mean any research paper/case study based on 10 year history of rights issues effect on the companies bottom line. So far, I think the rights issue for TMI & Maybank sort of can count on our gahmen to prop up. 

so the "MAYBANK-OR" will be listed 2molo @ wat price?
can kindly advice wat r those dates?   

20,000 units at 4.08---------81,600
rights 9000units at 2.74-----24,660
Total outlay------------------106,260 for 29,000 units
So the ex-price is 106260/29000 = 3.66

anyone burn today?

or waiting for shopping spree

Malaysia's CIMB offers staff 6-month unpaid leave
http://uk.biz.yahoo.com/30032009/323/malay...paid-leave.html

KUALA LUMPUR, March 30 (Reuters) - Malaysian financial services group CIMB has asked its 36,000 employees to consider taking up to six months of unpaid leave as it aims to cut costs in the global economic slowdown, a top official said on Monday.
CIMB is the first major Malaysian company to ask staff to go on unpaid leave.

CIMB Group Chief Executive Nazir Razak said the offer was made last week to its staff in the country's second-largest lender, CIMB Bank, as well as its units BankThai in Thailand and PT Bank CIMB Niaga in Indonesia.

'In the slower economic environment, we are looking at ways to temporarily reduce our costs. The reception from our staff has been very, very good,' Nazir told reporters at a company event.

He said workers who take up the group's offer will start their leave from April 1, but this will not affect the bank's operations.

Nazir said there was no set target on the number of employees accepting the offer and denied the company was cutting staff.

'How can (this) possibly be called a lay-off? We are not instructing anyone to do anything. We are just giving them an option to apply if they wish to take an extended break. Don't interpret it any other way,' he said.

(Reporting by Julie Goh; Writing by Loh Li Lian; Editing by Anshuman Daga)

could be bad news for Malaysia banker

i wonder does it affect LCL shares as well?

since CIMB just awarded 7.7M contract to LCL

Errr Other than CIMB which Company is linked to Najib In bursa ?

RM7.7 mil.? To CIMB.. peanuts dude. 

Yes, 7.7M is peanut.

7.7mil can pay many staff salary

Definitely a bad news for Malaysia. Not sure how CIMB share response tmr!