Kensington

Kensington | Joined since 2016-06-04

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Stock

2018-01-10 17:36 | Report Abuse

Hi Jon, FYI the Co has announced going into a JV with Japan's Fuji Oil to build a plant with an annual capacity of 70k tons, of which the palm oil will be exported to European food producers looking to go green. You can mark on your calendar 26/02/2018 as the announcement date of Annual Report 2017. Good Luck and happy trading!

News & Blogs

2017-12-29 20:54 | Report Abuse

Hi Mr.Tan, my stock pick for 2018 is as follows:

AeonCr 25%
Utd Plt 25%
Liihen 15%
Carlsberg 20%
BAuto 15%

Stock

2017-12-29 17:13 | Report Abuse

Another window dressing closing at 1.80 in a grand finale for 2017. Happy New Year everyone.

Stock

2017-12-22 19:12 | Report Abuse

Looks like a window dressing before the close of trading. Merry Xmas everyone.

Stock

2017-11-24 16:42 | Report Abuse

I see strong support at RM28 after adjustment of its 30 sen dividend going ex today.

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2017-11-24 11:13 | Report Abuse

An 8-9% price correction this morning - the reason for not in shariah list? Is that justified?

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2017-11-22 17:09 | Report Abuse

A columnist in The Edge Malaysia actually suggested you elect Option 1 and re-invest your funds in IGB REIT for a better yield than the other 2 options.

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2017-11-22 17:06 | Report Abuse

There will be no further dividends from the Co. Just be happy with the RM3/share angpow (option 1) coming your way during the CNY.

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2017-11-17 10:22 | Report Abuse

The share price has stared to move up supported with significant increase in volume ahead of its interim dividend 30 sen going ex on 24/11/2017.

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2017-11-03 17:46 | Report Abuse

The Co has a substantial sum of RM181.92 m standing to the credit of its share premium account which has become part of its share capital. Under the no par value regime of the Act which came into effect on 31/01/2017, the Co may utilise the share premium for issuing fully paid bonus shares under the provision of the Act within 24 months from 31/01/2017. I think an important corporate announcement should be in the Co's pipeline on how to use the share premium within the next 12 months.

Stock

2017-10-31 18:14 | Report Abuse

The Co will be announcing its 3rd quarter results on 13/11/17. On the 14th the Exec Directors will be meeting the press on the briefing of the Co's latest performance. There will be no turning back I think of its share price after this.

Stock

2017-10-12 13:22 | Report Abuse

Guardize, request by email and download LA Conversion Form from Symphony. Avoid odd lots of mother share in your conversion by buying multiples of 1100 LA shares. Doubtful whether you can convert in time to rank for the interim dividend of 21.13 sen. Please check with Symphony.

Stock

2017-10-11 17:09 | Report Abuse

Announcement of the 3Q result is expected in 2 weeks' time from now. A fair estimation of DPU is 1.95 -2.15 sen as ASA3 is the smallest of Atrium's commercial assets. Anyway, hope for the best!

Stock

2017-05-21 10:18 | Report Abuse

Panamy will be releasing its 4Q results by the end of this month. The earnings for the 4Q has to reach a target of 77 sen/share which is highly unlikely to equal last year's earnings. However, going by last year's payout ratio of 57% at 139 sen/share, it is considered low. So although eps for this financial year is expected to be lower than last year, the Co could either maintain or increase the final dividend. This will however be more likely if the ringgit has a more favorable exchange rate against the yen.

Stock

2017-05-19 19:10 | Report Abuse

on 17 May, the Co announced that it has cancelled all of its 2.33 million treasury shares, thus making each share of its outstanding 305.7 million stock proportionately more valuable.

Stock

2017-04-27 15:06 | Report Abuse

Attended AGM this morning. Informed that the 1Q result will be announced this evening. In view of escalating costs, DPU of 2.20 sen/quarter is not feasible said the Management.

Stock

2017-03-28 16:50 | Report Abuse

Announcement of 4Q result for FY2017 and final dividend anytime soon. Last minute pushing up the closing price suggests good news?

Stock

2017-03-24 09:29 | Report Abuse

Bonus shares of par value 50 sen/share are issued free. Furthermore, they are also entitled to the rights issue of 2 ICULS for every existing (i.e. after the bonus exercise) share. In the event the bonus exercise doesn't go through the rights will be 3 ICULS for every share. The funds raised will still be RM432m. Any differing views are welcome.

Stock

2017-03-16 11:16 | Report Abuse

If you're a risk taker, buy LA at 1.20 and hold for 12 days until the quarterly interest of 1.5 sen goes XD. Then on or about 28 Mar (please confirm ex date) send for conversion and wait for 8 working days for the mother share to be deposited in your CDS a/c. After which can decide whether to hold or sell mother share. Warning: Buy at your own risk as this suggestion is not foolproof.

Stock

2017-03-08 11:05 | Report Abuse

If you have bought this share 1 month ago, I think you should collect the 110 sen dividend and still make a reasonable capital gain upon the stock going XD and price adjustment on 29/03/2017. Good luck to you all DLady fans.

Stock

2017-02-28 18:57 | Report Abuse

4Q earnings of 59 sen/share is quite encouraging (compared with Nestle's 28.5 sen/share). A first interim dividend of 110 sen for FY2017 was announced and payable on 21 April 2017.

Stock

2017-02-26 15:34 | Report Abuse

Result is bad because of 4 consecutive quarters reporting lower profit before tax. So the recent run-up in the share price doesn't seem justified. Let's see what's the reaction of the investing public on Monday.

Stock

2017-02-23 18:38 | Report Abuse

If not for the 40sen dividend, the 4Q earnings is very disappointing. If you've not sold the shares when it was priced RM14-ish the strategy is to sit out until the Co's turnaround.

Stock

2017-02-16 17:03 | Report Abuse

Share price is moving up at snail pace. Hope it will deliver good 4Q result and final dividend around 27 - 28 Feb.

Stock

2017-02-16 16:55 | Report Abuse

Looking forward to Co's announcement of a strong 4Q result around 23 - 24 Feb, and maybe final dividend of 4 sen/share.

Stock

2017-02-14 10:04 | Report Abuse

It would be more instructive if the Co could give us guidance on how this RM580m contract will be translated to pre-tax profits for FY2017 and onwards. Otherwise, it is just a pretty figure at the topline.

Stock

2017-02-08 19:08 | Report Abuse

Barring unforeseen circumstances, I think the the Co should announce a better 4Q result (YoY), beating the corresponding quarter's profit before tax of RM34m. A final dividend of 110 sen is expected to be announced and paid by the 3rd week of May. That would give a dividend yield of 8% p.a. based on the last traded price of RM54.28. Happy trading! Disclaimer as above.

Stock

2017-02-07 17:21 | Report Abuse

Co director resumes nibbling into Magni shares ... good indication on the intrinsic value of the Co, I think.

Stock

2017-01-31 15:26 | Report Abuse

ASB had been disposing 2 million over shares on or around 01/12/2016. From 21/12/2016 until 19/01/2017 ASB had started to accumulate the shares in the Co. I am cautiously optimistic that the share price could be sustained or move up until 24 Feb on which date the 4Q result and second interim dividend of 110 sen will be announced. Disclaimer: Buy at your own risk.

Stock

2017-01-20 10:01 | Report Abuse

HLIB reports "Option to realize one-off cash dividend of 67 sen/share" based on TP 65 sen/share of UMW-OG. HLIB upgrades UMW to buy with TP of RM5.60.

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2017-01-16 10:06 | Report Abuse

Correction, it should 7 month-gain.

Stock

2017-01-16 10:03 | Report Abuse

If the counter continues to drop to 2.21, it would have given up its one & a half year gain.

Stock

2017-01-12 16:47 | Report Abuse

9 consecutive green candles moving upwards nearing the 200 day moving average.

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2017-01-10 15:53 | Report Abuse

Looking forward to announcement of a second interim dividend of 55 sen just before or immediately after CNY. Gong Xi Fatt Cai, everyone!

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2017-01-09 09:46 | Report Abuse

Watch out for the price breakout at 1.74 where it breaches the 200 day exponential moving average. Just my 2sen worth opinion.

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2016-12-15 23:32 | Report Abuse

Hi lee, no sweat. Sorry, not familiar with ytl reit. Also clueless why every quarter can give good distributions despite poor earnings or losses.

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2016-12-10 17:02 | Report Abuse

Distribution of 4.15 sen comprising 4.06 sen (less 10% tax) and 0.09 sen (tax free) works out to be 3.744 sen/unit or RM37.44/1000 units.

Stock

2016-12-09 10:38 | Report Abuse

Yes, the 2Q FY2017 result will be released anytime soon. Meantime the director of the Co is nibbling on the shares. Is'nt that a good indication of better Co performance to be announced?

Stock

2016-12-07 21:23 | Report Abuse

The proposed placement exercise has an overly diluting effect on the shareholding of minority unit holders. It would be appropriate for the Co to also include a restricted offer for the existing unit holders. This practice was adhered to in one Singapore REIT in its recent placements to raise funds for its asset acquisition.

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2016-11-18 15:20 | Report Abuse

Joyelim, upon its listing you may at any time convert every 7 RCPS-i for 2 new SP Setia shares (with no cash payment as consideration).

Stock

2016-08-09 10:34 | Report Abuse

Oops, I must have missed that out. Thanks for pointing out.

Stock

2016-08-09 10:07 | Report Abuse

Sorry, don't agree. This director was 100% successful in his excess share application. That leaves behind 248,953 excess shares (1,028,263 - 779,310) for the rest of the shareholders, including you and me.

Stock

2016-07-28 19:35 | Report Abuse

FYI, it's Datuk Anthony See

Stock

2016-07-28 17:09 | Report Abuse

The Chairman at today's AGM agreed with one long-time shareholder that the company's shares are not that liquid, and difficult to trade on a daily basis. He has also taken note of the shareholder's suggestion of giving a bonus in view of the company's substantial distributable retained earnings.

Stock

2016-07-16 09:35 | Report Abuse

According to para 6.2.1 of the Co's Circular dated 4/7/16, pursuant to the proposed Co's capital reduction and repayment every 1,000 K&N Kenanga Holdings Bhd shares of RM1.00 par value will be cancelled and replaced with 1,000 Kenanga IB shares of RM0.25 par value.

The price of the listed Kenanga IB shares is not expected to materially change from the current market price of RM0.50. Hence, upon the proposed Kenanga IB par value adjustment it is more flexible for the Co to raise funds at attractive issue prices, etc i.e. at a discount to the market price.

Stock

2016-07-12 14:48 | Report Abuse

Agree. Panamy has a lot of catching up to do in terms of its share price, future earnings and dividend payout ratio. Your article appeared at the right timing.

Stock

2016-07-10 20:31 | Report Abuse

TG shares traded on its debut at a price of S$1.635 each. Last traded at S$1.61. TG is valued at 15.3 times earnings at that price. Its valuation is nearly identical to Riverstone Holdings Ltd's PE of 15. Riverstone is the only S'pore rubber gloves manufacturer listed in SGX.

Stock

2016-06-30 19:18 | Report Abuse

Dato' Sri Ng Ah Chai has notified the Co that he had entered into a conditional Share Sale Agreement with BRDB Developments S/B to buy over the latter's substantial stake in Mieco at RM0.90 per share. Upon the fulfilment of the conditions precedent, Ng is obliged to undertake a MGO to acquire the remaining shares from the rest of the shareholders.

News & Blogs

2016-06-29 16:40 | Report Abuse

The suggested financial model is sufficiently easy for those not financial savvy to understand. Thanks Icon.

News & Blogs

2016-06-24 17:23 | Report Abuse

A good piece of advice to those panicky and irrational investors out there after the repercussions of Brexit. Thanks VGI.