finally someone sane posted. exactly, dividend of 0.35 while the average price for the company is around 0.70 how can it go down to 0.75 before ex-date? what happen now is not only profit taking but also panic selling probably due to rumours spreading around by people who don't even know what's happening behind. my tp stilla at rm1 before ex-date but at current selling rate quite a wall to climb.

canu63 have you taken your medicine today?

totally agree with you seehous. if you plan to contra with glomac, better forget about it. long term holding on to glomac, probably they'll announce another 0.35 dividend when the report are out :)

exactly. let's see whether it can break resistance of 0.98 today.

but seriously anyone watching TGOFFS? 0.35 dividend but yet not as much coverage as mediac last week? hmmmm any thought?

minimum 0.35 dividend ok for me. i was just hoping that the sahre price increase as well so two in one. don't dare to touch WB not so sure how it works.

hangus dy :(

goreng is a must during puasa time since we need to prepare for the raya. just add in more vegetables so it will turn green?

if want to goreng, please gorent tanjung offshore. thanks :)

yup refer to ooi's explanation. that's why i've argued since morning just buy the goddamn mother lol divident will definitely be there.

mr rajan what do you think of the offer?

yup let's confirm that and not assume. meanwhile, the demand volume looks solid now. ready for uplift after lunch :)

@ jtpc don't think its a MUST to buy the rights. the priority is given to tanjung shareholders if they're interested in buying not forcing you to buy the rights.

hi weiboy, rule of thumb u must buy latest is one day before the ex-d date to be entitled for dividend. entitlement date not so sure anyone can define?

then why all the money goes to IHH :( who's that rich b***ard buying IHH :(

low volume shake out those contra players

all the money goes to IHH dy :(

like what Mr Ooi said, 0.98 will be the resistance. once broke will go north above rm1

ready for TGOFFS round 2?

Tanjung Offshore Bhd (RM0.79/share)Declares 35 sen special dividendTanjung Offshore Bhd has declared a tax-exempt special dividend, which will range from 35 sen to 44 sen a share. It said on Monday the final tax-exempt special dividend per share would be determined and announced on Aug 3 and the ex-date would be on Aug 9.

Tanjung Offshore said based on the paid-up (excluding 2.47 million treasury shares) as well as the outstanding 30.58 million warrants 2006/2016; 40.77 million warrants 2008/2013 and 3.98 million options under the employees share option scheme as at June 29, the minimum and maximum amount of tax-exempt special dividend would be 35 sen and 44 sen per share.

same like the media chinese issue of dividend last week but tgoffs doesnt received that much coverage in i3 and not yet in newspaper. but i'm sure it will be front page of business section tommorow.

off course buy lar! i'm refering to stephen example for valuation of stock based on dividend value. last price around 0.75 so if we assume that the price will remain around 0.75 after ex-d for dividend, the value of the stock should be around rm1.10.

price valuation should be adjusted accordingly around rm1

@yuzuki you sell lar to 0.42 :) been playing waiting game since morning. zzzz rather, I'm off to tgoffs.

Should have enter last week at around 0.77 after positive announcement. Crazy dividend indeed!

buy now before it's too late!

The heritage has a few purchased unit now. Once the project near completion am sure the buying momentum will begin.

looks like there's some volume coming in. go digistar!

lot of buy demand volume but not pushing of up. chong any thoughts?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1015625

Digistar wishes to announce as follows:

1. Based on the latest audited financial statements of SPSB as at 30 September 2011, the net loss and net assets of SPSB are as follows:

RM

Net Loss for the year ended 30 /09/ 2011 (148,414)

Net Assets as at 30/09/2011 89,271



2. The budgeted Gross Development Cost for The Heritage project was approximately RM97 million. The project was undertaken and managed by SPSB, therefore all the development and operating cost will be borne by SPSB.

3. Barring any unforseen circumstances, the expected profits to be derived from The Heritage for SPSB's portion is approximately RM52 million after deduction of the land owner's entitlement.

4. The current development status for The Heritage project is at 15% completion rate which has been certified by Qualified Architect on 14 June 2012 for the completion of earthwork and piling works.

5. The entire development cost shall be borne by SPSB. As SPSB is a subsidiary of Digistar, the development cost was funded and/or will be funded by bank borrowing of SPSB and internal generated funds of Digistar.

This announcement is dated 19 July 2012.

http://theheritagemelaka.com/gallery

sounds like a plan to me http://theheritagemelaka.com/

Fresh from Oven!

Digistar wishes to announce as follows:

1. Based on the latest audited financial statements of SPSB as at 30 September 2011, the net loss and net assets of SPSB are as follows:

RM

Net Loss for the year ended 30 /09/ 2011 (148,414)

Net Assets as at 30/09/2011 89,271



2. The budgeted Gross Development Cost for The Heritage project was approximately RM97 million. The project was undertaken and managed by SPSB, therefore all the development and operating cost will be borne by SPSB.

3. Barring any unforseen circumstances, the expected profits to be derived from The Heritage for SPSB's portion is approximately RM52 million after deduction of the land owner's entitlement.

4. The current development status for The Heritage project is at 15% completion rate which has been certified by Qualified Architect on 14 June 2012 for the completion of earthwork and piling works.

5. The entire development cost shall be borne by SPSB. As SPSB is a subsidiary of Digistar, the development cost was funded and/or will be funded by bank borrowing of SPSB and internal generated funds of Digistar.

This announcement is dated 19 July 2012.

ANy thoughts?

So am I! wait, sorry wrong post.

bro chong, should we go in now?

let's test o.44 today

break 0.43 and close at 0.435.

bro chong and KC Loh, sorry for interupting the topic on WCT. seems like both of you are the experience one in this forum. any thoughts on the srock named glomac? noticed a lot of share buyback from the company itself. is this good or bad? many thanks!

come liao! gogogo!

you're right. since 4th of july the buyback though in not so big volume has been consistent. for company with good fundamental like glomac, shares buyback should be view as positive sign. long term buy.

last year divident also around july august so i guess should be around the corner

Frank 88, mind sharing link for the news?

hmmm weird case scenario. still a good fundamental company price pushed down after few rally. dividend soon?

now is a good time to accumulate. go coastal!

very high volume support in the past three days. fair tp or rm2.35.

Cheers indeed! Consistent profit and good management. Bottoms UP!

Solid fundamental company. Should break resistance level of 8.55 tommorrow if there arent new "news" from euro front tonight.