5 sen dividend propose... if drop cheap can buy mor

so funny... price drop because jesselton quay is delayed, not got news can launch soon, price also drop! If we are long term investor, we set our sight on the true worth of the company. Don panic sell, sell if you feel stock is fully valued. For me, I wil hold till the tp is realised. After all, the dividend shld give 2% DY at least..

I think it is highly reliable that the company's land in PJ section 13 will be developed and funds will be needed. Not paying dividend would make sense if that is the case.

my personal opinion, share cap very small only, just about 70 mil shares. Good assets, good earnings just buy for long term close eyes don check price until it pass RM2.

haha tks alot... now can mimpi!!!

I suppose if GBGAQRS can jv the adjacent land, means still got hope la for sbccorp

aiya maybe no approval for the project?? why the price drop so much!!

Malaysian market practise sell on news. I hope they really sell so I can collect more.

I don disagree results and financials look good. But, when it is all on paper, and shareholders get nothing, its bad. As investor, I rather be shareholder of a not so profitable company but willing to at least pay me FD rate of dividend. I looked at the counter a year ago, decided not to invest, and come back 1 year later, the outlook is the same. Had I invest, my $ would be stucked here for 1 year, without no capital gain, no dividend also.

Lousy counter. The group got cash, but no pay dividends. Stingy directors and no free float. Top 30 shareholders already hold 94% so only 2.4 million shares held by others. Of course, if we live long enough, can see $$$ coming in. In the mean time, directors take a few million ringgit for their fees and remuneartion while shareholders get zero. The market is near perfect, so cannot be such a good compnay but share price so shitty.

price still a discount of >50% of nta, so just hold la. Travel around the world 5x come back and check loh. Today good show, hope Q4 will bring good tidings.

give 3 sen div for a share that trades below RM1 - cannot say director stingy la

This coy has very deep values. the PJ section 13 land itself worth alot, and the building material biz do quite well. Ony thing is coy owned by maju group - don know good or bad

today I told myself, aiya drop to 95 sen must sell then the price go back up.. so torture

I think the brand is still ok... but its all pricing and image. H&M you can get a nice blouse (don mine the quality good or not) for below RM50 - no need to wait for sale. I also notice that padini was giving big discounts to move stocks, that would hurt margins. Their corporate segment, more pricey, but they are in direct competition with a lot of brands some internal ones... Padini's only hope is Brand Outlet.... While we can bank on management to reinvent themselves, but since we are only investors, why not change counter which is less painful? If we are substantial shareholders, its a different story la!!

Too stiff competition from H&M, Cotton On, Forever 21?

hopefully next year can pay more.

can buy?

no money to buy property in klang valley, maybe buy ipmuda shares would be good idea, since now in big discount.

that day i went to section 13 shop to buy tiles, the supervisor told me they moving out soon. Maybe the PJ land going to redevelop finally!!!!

I am stil holding.. well managed company and hopefully this year dividend will go up in tandem with profit growth.

for those who have used online services (myeg or whatever), we know the convenience... eventually those who want to do at counter would also move to myeg to save time because time = money.

Small share cap, landbank in strategic area and profitable business... close your eyes and dont look at daily fluctuation or short term loss, I think you will not regret it.

At 83 sen, just hold la... wont drop much from this level. company still make profit so if got 3 sen dividend DY is 3.6% la.

As I am still very much in stocks, I have no problem with CI rebounding. But, as an accountant, I can see many structural weaknesses in the malaysian economy... the strong USD means foreign investors may sell whatver is left, mind u, now USD is 1 to 3.60 or sthg, and according to HSBC, they think RM will weaken further... about 50% of Malaysian GDP is on the black and green gold, if such weak prices, even rebounding, it is a far far away from the USD100 not too long ago. Regional markets may be green, but we have our own domestic problem. A good example is shanghai - all the past 6 years while we enjoy the bull, it was in a big bear market. How I wish the regional optimism will also flow into Malaysia - that will be great!!

Now CI is just 10% off the peak... if can rebound from here, wouldnt it be great. KLCI has been on uptrend for 6 whole years... with the plethora of problems, low oil price, high inflation, low CPO, high USD, 1MDB if CI drop stop here, would be very pleasant indeed!!!! Hope your optimism is well placed, Raptor!! I hope so too.

Icon, if you are 70% cash, you are very covered with your strategy lah.. I am looking at HI, the way the Issuer is holding tight to their stash seem to suggest that Macquarie thinkin CI is going down more than recovering? I have not cleared my stocks because I fell into the value trap - all good FA stocks cannot let go. This will be my first bear - will review my options

Explode I also hope tmr CI gap down la... I added some HE today..

Icon, agree cannot expect to fully recoup.. in a market that is so bearish, the odds of the KLCI falling further seems much higher than it going up hence the put warrants come in handy.

All depends how you read the market... I have cleared my rubbish stocks, and have kept stocks whcih drop to very cheap valuation and/or have good underlying business - so no heart to cut dy. But price of these stks can still drop la, thats the reality. Buying Puts is a hedge, because, if the CI drop my puts would be in the $ and help to make good losses in my physical stocks. And vice versa.

haha tomorrow KLCI gap down? Wishful thinking or backed by solid evidence? The way CI moved today, show that many people think positive la

I was told that if a small bear, a 20% drop from peak can be expected. Individual stock can drop 80% so no play one. Anyway, I am buying KLCI puts, just aim to make 20% to 40% to reduce my losses.... see how.

Contact your remiser or broker to get info on subscription. If your OR is held through nominees (eg cimb itrade - cimsec) 10th Dec is the last day to pay up and subscribe. If you hold the OR under your own name, the last day is 17th Dec I think.

Top 30 shareholders hold 91.5% of shares... very illiquid only good for those seeking consistent dividend and patient.

If people are willing to put money in FD, may as well buy FLbhd to collect dividend, and hope for a day for price to surge to make a capital gain. Got dividend income can wait la, worse for counters that pay you noothing and price no move!!

The major shareholders are above 55 years old and are taiwanese... When we are young, we work, we invest, we accumulate.. but as we grow older, so many of us are also thinking about tasting the fruit of our labour. The major shareholder selling has cause the price to stay depressed, since the free float is not much. Nobody knows if the share price of 1.16 will drop even lower, but considering the 8 sen dividend and free cash per share of close to 60 sen, downside risk is limited. Business wise, 90% of goods are sold to US which is reporting good recovery and with strong USD, the future should be ok. If the taiwanese want to exit flbhd, the company is a great target for RTO...

Drop today...

When IPO the founders already said it is not to gain access to capital market, but to raise company profile because it is in export biz. Company healthy, but share cap too small la - what company need to do is to do corp exercise to increase the no of shares, do a split, give some bonus! The founders are getting along in age, they also want to enjoy some fruit from their labour, so selling is not bad.

Now cheap is good long term investors can collect... be patient.

Alpha trader, I am learning.. shall monitor and see how wrong I am.

you are right!!!

Why the son get chased so high? Exercise price is 1.41 so gila!!!!

If gst biz give 50 mil biz,assume 100% profit and tax free, this is about 10 sen per IFCA share. The share was pushed up from 10 sen to 70 sen, all on gst theme - make sense or not? No doubt the coy also have other biz and growing china biz too - I really think the current valuation is very rich - making the operater very rich I mean.

Ok... I would not share something if I am not sure, since I know this news is not something good. I first attracted to this counter because of the good dividend... what is still good is that, we know the mgt is generous - they would need to find the way to do it. Much better than coys that have plenty of cash and reserves but stingy to pay.

Kris, pls dont accuse me of spreading 'fake' news - everything is taken from the bursa announcement website!!!

what is important to use investors is, if Marco mgt is happy to pay alot of dividends, share price will hold. And, it is up to mgt to figure out how to do it.

Malaysia company act is being revised. The new act will come into force soon. Under the new act, Marco will not be able to pay dividends, if their retained earnings is -ve. I think marco would do a capital reduction to cancel out the -ve balance. There is no problem with that, after all, Faber after the cap reduction share price gone up from RM1.50 to RM3+.

Marco company and group dist reserves had been -ve since 2008 (I did not check earlier period). Of course coy can still pay dividend this year, because CA1965 does not stop coy from paying dividend as long as current year got profits. I only started investigating into this because Marco did not pay dividend in Q1 & Q2.

Pls download the Marco 2013 annual report. Go to the statement of changes in equity and see for yourself. I first bought the shares because of the good dividend payout. For coys to pay dividend, the COMPANY distributable rserves must be +ve. consolidateed dist reserves is -ve of 4.8 mil and at coy level, the defiicit is RM19.6 mil.

Just to share, I think Marco is not expected to declare dividends for 2014 & possibly 1st half 2015, because it has very substantial cumulative loss I should expect Marco to undertake a capital reduction to wipe out the cumulative losses, like what Faber did.