not sleeping... fainted instead, hopefully the buying will continue to its NAPS of $2.5

no good so far...

fuyoo... kuat oh

if pkr takes Selangor again this time but this deal failed, pkr a big time liar! :)

good to have faith, but certainly no need to show hand :)

having said this, lbs financial ratio will look pretty after the settlement :)

betul ke bro anbz? salah info nanti masuk lokang oh... :D :D :D

weeeii... yesterday signed, today announce sp div, tomorrow payout ke? wait lah... ini bukan masak-masak :D

chase high is always a risky business, u need to study the intra day chart

looks like a buy on news, sell on fact!

if kasi can help to bring the price down to under 30c, why not? as long as mkland make progress and don't do stupid thing like l&g, it's only a matter of time. small, slow and steady is better for mkland for now :)

Steady take-up rates for properties in Cyberjaya

http://biz.thestar.com.my/news/story.asp?file=/2013/4/11/business/12953274&sec=business

OSK aims to double profit and focus on financing and property development

http://biz.thestar.com.my/news/story.asp?file=/2013/4/11/business/12955322&sec=business

given the background of kdeb & if pkr win selangor, y the deal can fail?

A + / A - / Reset

KUALA LUMPUR (April 10): OSK HOLDINGS BHD [] will distribute higher dividends to its shareholders for current financial year ending December 31, 2013 (FY13) compared to last year's payout ratio of 10%.

Group managing director and CEO Tan Sri Ong Leong Huat said the higher dividends will be supported by dividend payments from RHB CAPITAL BHD [] where OSK is a major

"I think we will be able to pay more in dividends this year as previously, RHB Capital paid a good dividend of about 35% of

"Based on that, we will be able to get a certain amount of money to pay dividends to our shareholders," Ong said at a press conference after OSK's AGM today.

He said the group also expects to double its operating profit from RM15 million in FY12 to RM30 million in FY13.

"We expect to double our operating profit to RM30 million this year, but this excludes the contribution from RHB Capital," said Ong.

http://www.theedgemalaysia.com/business-news/235591-flash-osk-holdings-expects-to-distribute-higher-dividend-in-fy2013.html

enjoy the roller coaster? :D

@imf_hau, believe this is the building: http://www.awangsa.com.my/3c5.detail.html

it doesn't look like ready for rental.

thestar also reported it, believe both said the same thing.

the mgmt have to step up and explained the move; this building is certainly not cheap (wonder how much mayland profit from this one?), especially the current rental income of the said building (if any)

l&g has not give any div for decades, too

with good prjs going on and cash in-hand, frankly, what is the reason of buying this building??! let alone buy it from its own stakeholder, sigh

hopefully, not another right issue by then? also note this asset is from mayland, the largest stakeholder of l&g. the mgmt is using yr $ to pay for the building; in cash to its largest stakeholder. moreover, right issues has the impact of dilution

hahahaa...

U.S. official: N. Korea missile test could be 'imminent'

http://edition.cnn.com/2013/04/09/world/asia/koreas-tensions/index.html?hpt=hp_t1

watchout, index is made up of limited glc counters ONLY, it can lost momentum on the other hand... let'c, be ready on either case :)

hahahaa...

fuyooo... suddenly so interested in this counter? promoter? hahahahaa... :D :D :D

should do some release lor... today EC meet at 10am, by noon will have announcement. in between, hopefully n.korea don't shoot bird :)

indeed the timing is too "co-incident"... this deal obviously benefit mayland the most, whoever bought yesterday for what he wrote, buta lah!!! now only hope mayland & gengs will come in to support the price, if not may go down to exercise price range

not only cash call, existing cap also get "cut" 90%!!

hahahaa... long ago already warned on this ATM thing :D

anyway, up to individual's liking

today looks like a shaky day, no good

no worry, will come down... like roller coaster, now 4.54 :)

mayland banyak untung kali ini... :D

thestar:

Land & General Bhd (L&G) has proposed a cash call worth RM77.78mil to fund its acquisition of a 13-storey office tower in Putrajaya for RM72.49mil cash from a subsidiary of Malaysia Land Properties Sdn Bhd.

In an announcement, the company told Bursa that the multiple proposals included a rights issue of RM77.78mil nominal value of five-year, 1%, irredeemable convertible unsecured loan stocks (Iculs) at 100% of the nominal value of 13 sen each on the basis of 13 sen for every existing share of 20 sen each in L&G.

The conversion price of the Iculs is 26 sen for one new L&G share, it added.

It expected the proposals to be completed by the second quarter of 2014.

The company also expected the acquisition to contribute positively to its future earnings.

not knowing how the purchase can impact the earning, 36c looks very pricey

L&G is calling for 78m cash to purchase office in putrajaya. Mkland exposure in the area of putrajaya & cyberjaya is far cheaper. with 400m unbill sales, let's c in time to come how does that reflect in the financial result :)

expensive or not, best check it out with the latest annual report

no wonder the price pushed up, cash call!

wonder coldeye knew this in advance?

Land & General Bhd has proposed renounceable rights issue of RM77,779,589 nominal value of five-year, 1%, irredeemable convertible unsecured loan stocks (ICULS) at 100% of the nominal value of RM0.13 each on the basis of RM0.13 nominal value of the ICULS for every one existing ordinary share of RM0.20 each in L&G held.

In addition, it also proposed the acquisition of one (1) block of 13-storey stratified office floors in Putrajaya, for RM72.485 million.

The proposals are expected to be completed by the second quarter of 2014. The proceeds from the cash calls will be used mainly for the property purchase.

The board of Land & General expects the proposals to contribute positively to the future earnings of the group.

The proposed acquisition will provide the opportunity to the group to expand its property asset base and geographical reach, it said

so is aviation counter :)

DL, thumb up!

maybe, cross check with mas can provide a better view on the outbreak

plenty of glove "booster" news :D

http://www.theedgemalaysia.com/business-news/235440-feature-glove-sector-may-revisit-2009-boom-on-bird-flu-scare.html

http://www.theedgemalaysia.com/business-news/235437-china-glove-demand-may-jump-2-3-times-if-bird-flu-worsens-.html

http://www.theedgemalaysia.com/business-news/235426-exclusive-supermax-sees-exceptional-rise-in-profit-on-bird-flu.html

china is better prepared and equipped this time, so far no sign of major outbreak and hopefully will not :)

looks like someone show hand with underwear also goes in... hahahaa...

affin obviously very keen, but hopefully not another "buy with shares" deal... look at osk, what a waste! :)

the silent killer... :)

@anbz, relax bro... hahahaa

hevea a heavy debt company juz few years back, almost bye-bye... glad to c it coming back :)

still short of catalyst, patient: )

oh yes... despite no reason to start war like that, who knows what's in the fellow's mind? anyway, good profit made already :)

@anbz, expect the unexpected! that's one good view there:)

don't rush... :)