2nd half year of 2012, which is July to December if I am not mistaken :)

A calculation as demonstrated by bro Chong:

Let’s say you bought 10,000 shares of ECM at closing price 0.865. If you HOLD till the dividend paid out these are what you get:

1] A dividend of 53 cents per share
10,000x 0.53= RM 5,300

2] A 120 million shares given to 830.9 million shares equal to 0.14442 Kenanga shares per 1 ECM share at current price RM 0.65

10,000x 0.14442x 0.65= RM 938.73 (kenanga)


3] 95 million load stocks [with interest given] divided by total of 830.9 ECM shares equal to 0.1143338 share per ECM share at 5 cents each

10,000x0.1143338x0.05= RM 57.17

So the total we have if we HOLD till the dividend is:

RM 53,000+ RM 938.73+ RM 57.17= RM 6,296
The cost you purchased with brokerage is around: RM 8671

Which means a difference of RM 2375, but you still have 10,000 ECM shares on your hands.

And this makes your ECM cost only 23.75 cents per share.
So why worry if it falls below 50 cents? You still make a good earning if it falls to 30 cents.

Be logic driven, not fear.

Don't forget we still hold our ECM shares together with the dividend plus kenanga shares and loan stock...so as long as ECM price more than 20 cents for me I still can break even...sell now to lose but hold to earn till the announcement of dividend.

sold it at 2.80 yesterday...a swing trade with this counter would earn more by holding it long term..

I bought some more while it is cheap now, hope it would fly soon!

Thanks bro chong, though my average price is RM 0.83 but with those TP still can earn a handful!

Thanks ya :) u too...all the best for our ECM!

Bro Chong, what is the TP for Kenanga? I may want to buy some.

oh yes :)

me too bro Chong! astrowoon@yahoo.com Thank you so much!

agree with investor 77!

we can now see some color after a long dull waiting...but don't know to what extent it can continue as long as the merger is not announced.

yup :)

the support level is around RM2.50 and a technical analysis by Fibonacci Retracements shows at RM2.59 it would be a retrace of 61.8% from the previous peak...so would buy it around RM 2.5+ to RM 2.60. this counter has good fundamental, so i will go for it..

wow,the price keep flying...TA show good signal too~

really need to be patient with this counter, has been very "peaceful" these few days..

i beg to differ, with proper understanding and analysis on both fundamental and technical aspects you do make good earning...you may lose some money; but overall your gain should be greater than your loss.

bro chong, what is ur TP for epmb?

wow...epmb is hot today!

today ECM simply breaks 86 cents and keep trying for higher price...big volume keep buying in..

hahaha...thx bro chong :)

let's hope so, as a newbie ecm is my second stock purchased..and coincidentally my stockbroker is ecm libra actually.

hi, i m new to stock market...let say if the purchase is not success, would the stock price drops?