If cash is set aside from valuation, how much should bank shares such as cimb be valued?

last bonus issue 5 years ago. due for another one.

glad to see price up 2.5 sen. hope to see further progress!

remember majority shareholders who paid 32.5 sen for Preference shares and which have converted 1 for 1 into ordinary shares have not sold a single share.

50% gain for 1 yr holding. great!

Last yr end, Perdana issued 2 Preference shares for 1 ordinary shares at 32.5 sen, convertible to ordinary shares 1 for 1. All Preference shares have been converted to ordinary shares todate. Proceeds of fund raising and internally generated funds gave been used to reduce loans by 80%. interest incurred was RM55.2 million 2019. interest savings would be about 44 million in 2020. 2019 loss was less than 23 million. what conclusion can you draw?

In its AR, Hevea was proud to mention that it has paid 21 quarters of dividend consecutively. I am inclined to believe, quarterly pmt will continue.

take a look at P&O. you will notice that the company paid dividends 5 times a year for at least past 5 years when corporate earnings were much worse than Hevea. Hevea,with non cash expense from depreciation about RM25 million p.a., plus net cash balance more than RM118 million, dividend pmt of 4 sen seems sustainable. total number if shares x 0.04 = less than non cash expense of RM25 million.

buying crude oil futures is a way to hedge rising crude oils. if price of crude oil goes up, LCT can make profits from futures to off set higher raw material cost.

today up 18%, tomorrow limit up! no need to ask why. just feeling it that way!

It seems to me GCB need extra cash for operation. Other than bank borrowings, options like rights isssue and privare placement are available with new shares to be issued below market price. Inducing existing shareholders to sell mother share to exchange warrant for converdion is a source of fund raising. The reward of 22 sen or more is justifiable

price of mother share = price of warrants + conversion premium + time premium. Current situation is beneficial to holders of Mother share. just sell mother share and buy warrant simultaneously. with the extra sale proceeds to pay RM1.65. current difference of 22 sen is the profit.

the price movements graph herein shows what i said very clearly. prices recovered above 40 sen last trading hours.

Share price supported above 40 sen. Today other than the 1st hour and the last hour, prices were below 40 sen. It is consolidating upward.

So even if operation is non profitable for 1 or 2 quarters, there will be dividend to maintain the proud dividend record.

In latest annual report, Hevea highlighted they have been paying quarterly dividend without intteruption for 21 quarters, a good record i think Hevea is proud to uphold. Balance sheet shows high cash bal after bank loan about RM110 million. This support dividend payment of 4 sen per yr for 4 yrs. In addition a major source of cash flow from depreciation about RM25 million per yr. A review of past cash flow statement will prove this.

agree with Patrick. Zhulian holding much more cash. to support dividend payout ratio exceed 100% last financial yr and years to come. bulk of sales to Thailand/Burma in US dollar. note that eldest brother with 62.76% share has resigned as President n CEO. He seems to favoour high dividend payout.

sell 1 mother share to buy warrants. you still get surplus cash. conversion premium 1.65+86.5=251.5. mother share at 2.65.

@sense maker. so are u going to unload all?

Are shares been sold cheap to buddies before upswing?

@volks2. zhulian declared dividend of 3 sen in the 1st Q, usually the following quarters follow same amt. there is plenty of cash RM188 million to support such pmt. 12 sen plus special dividend!

ya. i also want to top up but cant get at the price below RM1. Impact of COVID 19 should be over.

From 25 sen to 39 sen plus 1 sen dividend. Is this not a meaningful movement before profitability improvement has been seen? i remember someone commented any movement upward wont be meaningful until improvement in profits. having bought in some at 30 sen, i have no regret now.

notice the paid up capital amongst banking stocks? which other banks are higher? the answer will help u in making decision

over past 10 years, prices of Nestle have been going up despite almost 100% dividend payout. some compnies never paid dividend more than 5 years although they did made profit most of the years but prices still sideways

tomorrow up 10 sen?

above expectation

bye bye or buy buy?

3 sen dividend announced

never dropped below RM1 over last 10 years but Zhulian dipped below RM1 during MCO and just claw back to break RM1. cash rich and strong financially. 1st QR should be good

OTHERS PROPOSED FINAL SINGLE TIER DIVIDEND
LII HEN INDUSTRIES BHD.

Type Announcement
Subject OTHERS
Description PROPOSED FINAL SINGLE TIER DIVIDEND
The Board of Directors of Lii Hen Industries Bhd has proposed a final single-tier dividend of 3 sen per share for the financial year ended 31 December 2018. The proposed final dividend is subject to the approval by the shareholders at the forthcoming 25th Annual General Meeting. The date of entitlement and date of payment in respect of the aforesaid proposed final dividend will be determined and announced in due course.





Announcement Info
Company Name LII HEN INDUSTRIES BHD.
Stock Name LIIHEN
Date Announced 28 Mar 2019
Category General Announcement for PLC
Reference Number GA1-20032019-00054

FINAL DIVIDEND FOR 2018 was mde on 28 March 2019.

when is the announcement on final dividend for 2019

think for past 5 yrs, Hevea paid dividend quarterly. Net cash/cash equivalent about RM110 million. Recurring non cash expense of about RM25 million alone is more than adequate to pay annual dividend of 4 sen.

The vision and mission statement of GUH emphasized on shareholders value. If it can't even hit RM1.20 ex bonus, then we can consider those statements as bull shit, coming from GUH!

If the ex bonus price isRM1.20, then it is equivalent to current cum bonus price of RM1.80. Is it very difficult for ex bonus price to hit Rm1.20?

Net asset of Tune Ins just about 40 sen and its price?

Net asset of P&O is about rm1.50 after payment of dividend on 25th June. This is without considering the hidden value of unsold 51% share in its POI. Holding cash more than rm150m. The story should not end with dividend payment!

Get share financing at low interest rate about 4.4% p.a. if there is need for funds. Choose shares with dy > interest .

Tq

I will keep it until I see no prospect of value appreciation.

Did u notice the qty of share bought back was only 1,000 shares? Why do little when P&O has so much cash?

What other shares u feel good?

I bought Thursday price range fr 2.73 to 2.76. Not bad also right?

I will buy in

So that create suspicion whether HL Bk put CBIP as a buy recommendation to facilitate a big seller to reduce the stake! Do regulators protect us from this kind of cheating?

Hi! I just join this site. I want to share about CBIP as a counter with buy recommendation by HL bk which does not accept it under their share margin financing!