Thanks invest icon.
I try to mean that, once Mother receive its own dividend like past years, Mother share price will be adjusted lower. Say, Mother is RM1.60 and got dividend of 0.05. Mother share price ex-dividend will be RM1.55.

When this happens, the gap between Mother and PA will be narrowed. Is that correct?

Hmmm...sounds right too...
When PA gain 0.0525 dividend and Mother gain also say 0.0525 dividend, then its like neutral for PA holders. After Mother gain its dividend, Mother's price will adjust lower and this narrows the gap between Mother and PA.

Does this concept make sense?

took profit at 21.94.
wow,,,thanks to all. PBB is the best!!

at 1.13 with 0.0525 as dividend, the yield is 4.64% now.

Are you serious...RM30 before bonus. If that really happen by 31 March 2021, i would be very happy too.
However, this statement of yours will make some people red eye...
Anyway, still a big cheer to you and your optimism!!

Wah...1 announcement only, already up 7 - 8%.
If on the ex-date, i wonder what will happen to the price.

Now, greed sets in. Should i top up more? Should i hold and just enjoy the ride?
How do you all make your informed decisions?

PBB = 19.8 now

But this appears like a share split.
So, this bonus issue or this is a share split.
The effect sounds the same....

Bonus issue is neutral to company and shareholders..
Just that our holding units multiple 5times more and the share price also divided 5times.
It is neutral.

The benefits are just more liquidity and affordable transaction.

They give injection without gloves?
Either it is not necessary (Zero risk) to have gloves during administering injection OR
They are running out of gloves...

WHO has 2 injection categories, namely the 'Safe injection' and 'Unsafe injection'.
https://apps.who.int/iris/bitstream/handle/10665/44298/9789241599252_eng.pdf;jsessionid=5BE5290C6C18B9D134FE188DA7C9BF07?sequence=1

Lets wait for the guidelines from WHO about Covid-19 vaccination injection best practices.
If there is no clear guidelines for the meantime, I think the medical personnel should act out of an abundance of caution and do not take any risk at all.

5.25% dividend for PA although not quaranteed but market expectation is that Sunway will pay it out.
Otherwise, their Sunway shareholders would not get anything if PA shareholders didnt have their 5.25% dividend.

Make sense from memorylane and letsrock.

If Sunway Medical sold 20-25% for RM1Bil or Sunway Medical IPO free shares for mother shareholders, both mother and pa holders will benefit.
When mother go up due to these news, PA will follow suit. PA will gain capital appreciation indirectly when mother go up.

Sunway AGM Material

1. youtube.com/watch?v=Sk8E9dZdljc&feature=youtu.be
2. ir2.chartnexus.com/sunway/doc/agm/AGM%20&%20EGM%20questions%20from%20shareholders%202020.pdf
3. ir2.chartnexus.com/sunway/doc/Abridged%20Prospectus.pdf

why sell mother and buy PA?

looking good

And if i buy PA at RM1.20, that means with dividend of RM0.0525, the yield would be 4.375% right?

how come in my statement, my average price of the PA is 1.47 instead of 1.00?

The guy has deleted his comments from the post above.
So weird.

https://www.theedgemarkets.com/article/supermax-added-fbm-klci-klccp-stapled-group-removed

I will join the queue too if its below RM1.
Lets say it is RM0.9, the div yield is 5.8% and if RM0.80, the div yield is 6.6%.
Is that correct?

Acquisition completed already?
If yes, then it is good. They got the key building block for e-banking. They can also provide CTOS services to those online lenders like P2P players.

RM3.52 now..sad sad...

Q3 net profit was at 146mil.
Q4 profit from 40mil (Pinnacle) + 160mil (Sunway Gardens, Tianjin and Rivercove Residence)
This alone already profit 200mil, larger than Q3 profit without including other properties, constructions, quarry, medical and trading.

https://www.theedgemarkets.com/article/bimbs-3q-net-profit-falls-higher-impairment-and-overheads

"The group declared an interim single tier dividend of 12.6 sen."

How much business Frontkn got from TSMC?

What is the corporate exercise that you all discussing here?

https://www.theguardian.com/environment/2020/nov/18/covid-19-mink-variants-discovered-in-humans-in-seven-countries

https://www.historyofvaccines.org/timeline/polio

Thanks for sharing these links folks....

https://www.theedgemarkets.com/article/covid19-rhb-says-vaccine-deployment-could-generate-demand-18-billion-pieces-gloves-year

https://www.thestar.com.my/business/business-news/2020/11/19/public-bank-hl-bank-top-scorers-against-credit-risks

hhmmm........*scratch head*



kennethlkf pharker lol..good analysis. A friend of mine who has been investing for the last 30 years offered his telescope. Just to share.

The share price of supermax in near term will be depressed. Why?

The IBs are trying to keep it ranged bound in anticipation of its inclusion in FBMKLCI component stock in Dec 2020 when a review is due. When it is included, many institution and foreign funds can then have a mandate to invest coz these funds have to follow certain rules like minimum market cap, earnings, liquidity, valuation, index linked..etc. If the price is allowed to sky rocket now, it may be less attractive for these funds in terms of valuation when they want to come in. So IBs will not earn brokerage from their corp dealing team to transact for these funds. At the same time, the IBs are slowly accumulating now at depressed price so they can sell to these funds later at higher price and make more money, in addition to their brokerage dealing fees.

What next after inclusion in FBMKLCI and becoming index linked?

Institution and foreign funds will come in, and they are not stupid either. They will make their presence known, pushing the price higher. After accumulating, they will then recommend the stock to their network of high networth private clients worldwide. They will then distribute their shares to these private clients and our local ikan bilis progressively, at the same time Supermax will announce higher Q results and IBs will assist the push by coming up with higher and higher target prices, pushing the price higher for these funds to distribute.

When will the frenzy end ?

These funds will time their distribution such that they finish their distribution close to vaccine being approved by FDA for mass use ( around March 2020, just a guess according to my friend, actual date may vary). When the announcement is made, the price will nose dive leaving the retailers who chased high and bought from them roasted.

My friend told me he has seen this pattern / cycle many times in his 30 years of investing career. Just sharing his telescope. please feel free to criticise and offer your views, no offence will be taken.

P/S : What happens if FBMKLCI inclusion is not successful ?
May be dual listing in HK, Spore as a back up plan is in the pipeline, who knows.
19/11/2020 8:40 AM

https://www.theedgemarkets.com/article/supermax-kossan-likely-be-featured-klci-constituents-next-review

Donation given. What could they get in returns? Hmmm....You pandai pandai lar...

Today they give donations....come end December, they get their respective place in FBM KLCI.

https://www.theedgemarkets.com/article/supermax-donates-rm75m-govts-covid19-fund-help-fight-pandemic

https://www.theedgemarkets.com/article/top-glove-give-rm185m-govt-fight-covid19

more share buybacks recently

https://klse.i3investor.com/blogs/freetospeak/2020-10-20-story-h1534735992-SUPERMAX_OBM_The_George_Soros_bet_AGAIN_REVISIT.jsp

https://klse.i3investor.com/blogs/freetospeak/2020-10-20-story-h1534679237-SUPERMAX_BEYOND_GLOVES.jsp

Good article. Many thanks.
Can do the same chart for Harta and Supermax?

With the ICPS, will Sunway still issue dividend? It is counter productive right?

Thanks again InvestNotGamble and invest icon.

Many thanks InvestNotGamble and invest icon.
Cannot imagine that Sunway at year 2025 will still priced at RM1.00 and without any bonus share / share split exercise from now until then.

A few more questions.

#3 - These ICPS units, Are they trade-able the moment the units are issued?

#4 - If one has 1,000 units of Sunway, he / she will be entitled 200 units and this sure allotted right? Or we must wait for balloting?

#5 - With ICPS unit priced at RM1.00 and with dividend 5.25% per annum, Can i assume the following:-
1,000 units of ICPS at RM1.00
yr1 dividend receipt = RM 52.5
yr2 dividend receipt = RM 52.5
yr3 dividend receipt = RM 52.5
yr4 dividend receipt = RM 26.25 (only 50% because 50% of units will be converted to Sunway)
yr5 dividend receipt = RM 26.25 (only 50% because 50% of units will be converted to Sunway)
total dividend then is = RM 210.
Hence, the capital outlay for the ICPS is RM1,000 - RM210 = RM 790 (for 1,000units)
Is this understanding correct?

Would the ICPS plan works like this?

#1 - Dividend
Year1 = 5.25%
Year2 = 5.25%
Year3 = 5.25%
Year4 = 5.25% (mandatory conversion on the 1st 50%)
Year5 = 5.25% (mandatory conversion on the balance 50%)

#2 - And to convert, is there any fee to pay like 'Exercise Price'?

FF Selling?

Everyone stated the worst is over? I think the selling pressure will be there.
Let me queue buy at 1.25, 1.18 and 1.10. Let me support from the bottom. If match, then good. If not, then look else where. :)

https://www.nst.com.my/business/2020/08/613692/sunway-reits-fy20-net-profit-drops-4611pct

https://www.theedgemarkets.com/article/suncon-quarterly-profit-falls-lowest-listing-mco-drags-announces-two-new-projects-worth

https://www.klsescreener.com/v2/news/view/715221/suncon-quarterly-profit-falls-to-lowest-since-listing-as-mco-drags-announces-two-new-projects-worth-rm866m

Kiple-X, RM50mil.

Thank you for the analysis.

hello all...

https://www.youtube.com/watch?v=EsaeYwD4hSA

Revealed: Shocking conditions in PPE factories supplying UK (16 June 2020)

https://www.cbp.gov/trade/programs-administration/forced-labor/withhold-release-orders-and-findings