Par Value for Takaful is Rm1 per share, then the divident =RM0.15 per share @15%

tomorow price might not drop much, the only problem i think No buyer want this counter. This company is exit its Offshore Business and now concentrating to Offshore suport business and Enggineering. by holding this share we a qualified for:
1:Special Divident Rm0.44 Per Share.
2:Right to buy IPO share of TKS (the Offshore Business that Tanjung has sell off) when it was listed in 2 years time.

business prospect for Tanjung without its Ofshore Business still positive and the latest
http://www.theedgemalaysia.com/index.php?option=com_content&task=view&id=217165&Itemid=79
Tanjung Offshore still undervalue in the market by term of Aset or business value. This Company is runing Lost in few years due to high Liability of coporate debt. but after setlement this company is runing positive now and will be tranlated on 2012 anual report just wait and see.

At the end my valuation about this company for current situation is Rm0.70 but because of market uncertainty who know the share price for tomorow, but if it hit below Rm0.70 its worth buying for capital Gain.

on May @10 lot only. increase 1 cent i will gain Rm100. good for small capital investor like me.

such a good stock, i willing to hold it for long term investing, but it much-much nice if the company start to give divident:)

soaring like rocket fall like stone.

i buy this counter long ago at O.07 during my trade learning because it cheap. still hold it and i am not plan to disposed it any soon cause i am not lose anything. if it booming that surely my luck.

Patient is the key, it will not a fast buck, but worth to hold. near zero risk because almost imposible it drop below 0.40cts.

Will it cross RM1 before Ex-Date.

up-swing Has begin..

"Buy when everyone else is selling" Warren Buffet

For current 0.22 price and last positive announcement is time for buy and hold investor. but for speculator trader need to stay away.

crazy stock, no strong bussiness base, and stil no UMA?

the risk was here, but the oportunity also here, the choice is your. after ex-date if the price go lower i would take the opurtunity to increase this counter to 35% in my portfolio, expecting future earning growth by more Offshore suporting bussines and engineering bussiness.

event without tanjung Kapal Sdn Bhd, bussiness still good TGOFFS see:
http://www.theedgemalaysia.com/index.php?option=com_content&task=view&id=217165&Itemid=79

and that for 2013 bussiness, RM40million purchase contract doesnt sound attarctive to u my friend?

Stocarat, your are right, NTA after disposal is still over RM1, with the offshore bussiness this counter was soo undervalue. trought, there is many counter out there where business are bad, and NTA was below the trade price and people still praise that stock.

concentrating to non offshore business, but still in offshore related business is not a bad decision rather than improving the efeciancy of bussines management.Tgoff's remaining businesses include: i-equipment, ii-Ship engineering, iii-maintenance services, with their existing costumer Tanjung has verry strong bussiness foundation.

but definitely this is bad counter for Contra trader, but for me i foreseen this counter for a long run and this counter only 25% from my portfolio if it drop more than my expectation i can hold it longer, never concentrate on 1 counter diversified will protect u from huge lose.

i also agree with u mr Faisal. my asumption the worst case it will drop to 0.70 the average price for last few month and still have positive return.

sorry i mean 3 trading day not including week end.

Rajandaran, For every transaction setlement it took 3 day for the remisier/broker to setle (Standard Policy). thats mean when u sell u share today in the Bursa register u still the owner of the share untill 3 day later when your remisier setle the transaction.

now time to hold.

i just jump in at RM0.935 this morning. hopefully isn't going lower than that.

sell patern has going slow, i think profit taking was over. the price should stable now.

Warrant B excercise is about RM1.2 total nut if u convert it

last time i bet in divident entitlement counter is Gopeng, with Rm0.098 final divident i am jump in when the price already hight at RM0.82 after ex date GOPENG fall to RM0.74 eating all my divident gain. but after holding the share about 2 week after the ex-date price hit back RM0.81 sold and secure RM0.072 gain. but TGOFFS divident RM0.35@40% gain for me is a good game to try.

but the risk now, its is verry usual after ex-date price will drop, but how low is a puzzle now. if its drops more than Rm0.35 from your buying price you lose.

holdings warrant will not receive divident, unless convert it to share speak to the remisier they will help u convert it, But My Advice dont waste your time to convert it just go buy the mother share. TGOFFS-WA now is trade at RM0.38** and excercise price is RM0.55 so when u want to convert it RM0.38+0.55= Total RM0.93 the same cost to buy mother share (**subject to market price)

what happent now is only profit taking, especialy for traders who bought this stock when the average price at around 71cent, sale it at current price aesily securing 20-30cent profit. but after the wave of selling this share will rebounce and rise back.

Divident ranged from 35-44cent which will be comfirmed on 3aug.

Situation 1-
If all Warrant was exercised and converted to share before ex-date the final divident will be 35cent. (minimum)

Situation 2-
If the warrant partialy converted to Share before ex-date the final divident will be around 35-44cent.

Situation 3 (less-less likely to hapent)
No warrant exercised durring this period then the final divident will be 44cent per share.