2% more before MGO. Now Datuk already holding 30.99&

Parkson spent RM5.15 million and yet cant stabilize the price

RM11.2 million transacted now for today.

insane!!!! The value hits 8.2 million already

There must be something that triggered the sell down for the past two days.

What happened? Something that I am not aware of?

Today T+4

not yet payment date.

Thanks fatty_tang for the info.

what happened again? T+3?

Anyone noticed that there was a change of NTA in TA quarterly report which was amended in Feb 2015? The results in Dec reported 1.78 NTA but in the latest amendment, it reported 1.06 NTA. Any idea on why? The only thing I noticed was they mentioned something about new accounting standards and changes.

I still stick to my initial opinion. Let the rights settled first, next, take a look of q1 and q2 reports before deciding to jump in again.

Price adjusted for shares dividend. That's why I don't like shares dividend since you get nothing in term of monetary value. By purchasing shares buyback, it actually erode the company cash holding and that would affect its cash balance which is the same by giving cash dividends at the first place.

Today is the last day to buy the share in order to qualify for the share dividend

if u have been holding until now, it s better to subscribe to rights and average down your purchase price. Next, cut loss.

Ex date is 3rd March and hence you must have the share by 2nd March 2015 in order to be eligible to the rights.

I can feel those who been averaging since IPO price of RM1.25. If you are one of them, you have no other choice but to subscribe to rights. Next, time to exit and cut loss once you further average the price when the right issue start trading.

Looking at how the price been dropping, I feel dejavu on seeing how MAS price dropped in 2012 and 2013. After right issues in MAS, the price just continue to drop with periodical peak due to comments from Dr M and other Minister of privatizing MAS. Next, the price just hovered around 0.30. The incident of MH370 finished MAS with the last blow. MH17 quicken the pace to delist and bail out from Khazanah.

Sometime, I feel things are fated and meant to end in those situation. I have already cut loss with AAX cause I do not want to repeat my approach of averaging down back like how I did in MAS. I have learnt my painful lesson of catching the falling knife. I wish other the best in AAX.

This will be a good show. Do or die.

After buying and selling OSK numerous times since 2009, this counter won't reward you significantly. Just take its dividends and sell at periodical peak to around RM2.30. If you don't do anything and keep it for long terms, well, you won't gain much from Mr Ong. Not even when RHB bought OSK. He gave nothing to the shareholders.

US employment reports not good. More jobless claim.

The rights issue will dilute the price further. We are seeing another MAS now. Whether it will end up like MAS or "Ham yu fan sang" @ salted fish get back alive.

Rafidah joining only not Rosmah. Why are you all panicking?

1 lot = 1000 units. So, the calculation is 1000/20 * 1 = 50 units

Panic selling and some may not favor a political figure to be in the board perhaps. As that imposes higher risk due to political intervention. But this is really a big move from Stanley.

Not managing director but chairperson of the board. It is a recommended move to have different person to hold managing director and board chairperson. One is for management the other is for governance.

Q4 results out. Earnings declined 23%. Proposed dividend of 2 sen only.

GoldenShares, be careful of the Q4 results. It's not improving as the profit is through the disposal of festival mall and Sri Lankan business. The SSS growth in Vietnam, China and Malaysia is -6%. Only Indonesian business is making positive SSS growth. The F&B businesses only contributed a very small fraction to the business.

The core business of retailing is not improving for the past 9 quarters.

Personally I prefer cash dividend. If the counter is a growth stock, I don't mind dividend shares as that would give me more return, since I can avoid paying the brokerage fees and taxes if I purchase the shares myself. However, for this counter, I don't think it's a good dividend as it is not a growth stock as per current situation and once they payout the dividend shares, the price will be adjusted to reflect it.

Here, it is going to give a 5% dividend shares and hence if the share price stays around RM2.35, with the adjustment, ex price should be around RM2.23. You gain nothing basically in term of value. If it's a growth stock, for it to go back to RM2.35 would be easy but for Parkson, kinda challenging.

Just my opinion and observation so far. Other members have any different views on this?

Even AirAsia posted loss in Q4 2014. I think AirAsia Group is really in trouble for Q4 2014.

No idea. Maybe they wanna keep some treasury shares for next dividend shares in August.

Dividend share again of 1 share for 20 shares held. Ex date 11th March. Operating profit is no good. Q4 result is better due to disposal of festival mall and the Sri Lanka business.

Supermax results has not been growing compared to last year for the past 3 quarters. Hence, the results won't be going to any poorer. Should be more positive for Q4 comparing to Q1-Q3.

Latest tomorrow by 5pm.

I already cut loss after 15 months holding to this counter. It's time to move on until the right catalyst to reinvest in AAX. It's challenging for AAX in the next 2 quarters with the earlier fuel hedging and expansion strategy. Need time for them to turn around the incorrect strategy at the first place. See you all in August 2015!

3 sen dividend ex date 10th March 2015

Maybank KE Research provided these stats on AAX hedging:
52% in 4Q14 at USD117.65/bbl
24% in 1Q15 at USD116.5/bbl
15% in 2Q15 at USD114.26/bbl

rebound, fuel hedging is a strategy to predict oil price. That's y they hedged it in order to lock in the price. By hedging, means they believe the fuel price will go higher. AAX did predict but predicted the wrong direction and with high percentage of hedging of more than 50%. Mohshin Aziz from Maybank Investment was right all this while on AAX poor hedging strategy.

Major shareholders:
-Tune Group Sdn. Bhd. 17.8%
-AirAsia Bhd. 13.8%
-BIN MERANUN KAMARUDIN 8.1%

rebound, Jet Fuel was averaging around USD80 in Q4 2014. The average price for jet fuel used in Q4 by AAX is USD115.96. It's 45% above market price.

The average fuel price of RM115.96 is really poor. The person who hedged the fuel at this high price should be terminated at once.

You won't be able to sell on time. Prepare for averaging and also subscribe to rights.

Front page of The Star Business Section. Thai: Watch my next move

Bank FD of 4% is only a promotional rate. You can't forever get that kind of rate. Now I think only few banks offer such rate and one of it is OCBC. Bear in mind that FD does not give capital appreciation and and shares dividend or bonus. :) Well in contrast, FD can secure your capital though since there is no fluctuation of share price.

once it goes below 60 sen, there would be no more support for it to go lower. 4th quarter results won't be positive due to the hedging. Prepare for more losses and accumulate cheaper shares for right issues. This counter need to keep until 2016 before it reports profit.

Hi Bladekiller, the dividend declared for the last 5 years as follow:

2013 8 sen
2012 10 sen
2011 16.3 sen
2010 7.5 sen
2009 8.5 sen

As for 2014, interim dividend declared was 6 sen and pending the final dividend which yet to be declared. (should declare it in Feb though)

If you looked into this, the average dividend from 2009 - 2013 is 10.06 sen.
With the current price of RM2.17, the return is 4.63%.

Another poor performance in China. The management is busily closing down non performing stores in China. If not for shares buy back, the counter price would have dropped to RM2.

Just go for your CNY break and enjoy. Next week, we will see the results and any good news announcement from the management regarding their new lines installation.

With this observation, I believe that CPO price would be stabilized and with Sarawak Plantation consistent dividend policy, it is a better place to park my cash with this counter than in FD. If you are looking at a high capital gain, this may not be the right counter unless CPO price shot up drastically which I don't foresee so.

When you issue rights, meaning you need more capital injection from shareholders with free interests. It s better than borrowing from banks with interests. If you are doing well, you don't need to issue rights. You give free shares and dividend instead.

The only way to encourage investors to subscribe to the right is to offer a competitive right pricing and attach it with freebies such as warrant. Next, is for the CEO to give a boosting and encouraging statements during the AGM, promising the sky and heaven in 1-2 years time. Just look back at MAS and you will get it.