@Just88
Eramas comes into the picture with a profit guarantee of RM 18Mil for FYE2025.

@Just88
My take is that they will subscribe because much lower initial outlay. Only 0.365 vs 0.615 (with 0.25 special dividend). Also no brokerage fees, maybe just RM10 stamp duty only.

@plaxo 88
https://www.bursamalaysia.com/trade/our_products_services/equities/company_warrants#:~:text=Company%20warrants%20are%20issued%20by,a%20specified%20period%20of%20time.

Wow! Another strong QR! Thank you for the yummy dividends!

Good solid QR. Keep it up and by Q4 QR announced can expect even higher dividends!

Did not managed to get IPO allocation, blessing in disguise as managed to buy in today @ 0.650.

Excellent QR. Expecting bumper dividend next QR!

@remus, the 1.11c dividend is for the period 1/10 till 12/11. AXREIT is treating existing unitholders fairly as 13/11, they will list additional new shares (Private Placement). So, next quarter the income distribution is only for the period 13/11 to 31/12 with dilution. Hence maybe at best expect another 1.0c.

Added more position today in anticipation for the coming income distribution.

@SincereStock, yes RM5+RM10, total RM15 need to pay. If holding is small then not worth it. Last time AXREIT absorbed the RM 10 stamp duty for shareholders holding less than certain amount to encourage small shareholders to participate.

@SincereStock, you have apply here: https://www.megacorp.com.my/category/corporate-exercise/

@SincereStock, I had just done my e-DRP.

Good QR, declared 1c Dividend with DRIP.

Excellent QR and yummy dividends! Thank you ECOWORLD Management Team!
3Q in FY2024 EPS 7.47 already surpassed FY2023 EPS 6.43 with 1Q to go!
Bonus Issue 1:1 coming?

This quietly becomes one of my better investment. Out performing even AXREIT. Been holding since IPO and enjoying the quarterly income distribution.

@Skywalker00, they SBB because need to support their DRP because they set @ 2.36. Otherwise no one will subscribe as can get cheaper from open market!

Yummy Dividend!

Good! Increasing dividend payout! Keep it up!

Coming very good QR and massive Dividend?

Wonder the management is planning any Bonus Issue of 1:1 or 1:2 since price has risen quite a fair bit.

Good solid QR and the generous dividend! Keep up the awesome job ECOWLD Management! At this rate constantly the PAT will hit RM 280M! Highest achievement was RM 209M. Hoping for special dividend at the end of the FY.

Increasing dividend payout, not bad!

Good set of results. Increased dividend payout, nice!

@fong7, PP= Private Placement, usually offered to big institution like EPF.

Hopefully next QR, AXREIT will announce another round of IDIP again instead of PP. This way retail investors can benefit instead of just Institutional Investors (EPF) to benefit. Last round IDIP was priced at RM 1.70 only!

Boardroom DRP is open. Just done mine.

@thye82, wait for the official announcement. I applied electronically thru Boardroom portal. Fast and easy.

@yongyong123, where you applied the IPO? If thru banks like MBB, very easy to check on M2U.

Managed to get some allocations. Will hold long term and see where it will head to!

@TTD1990, there is DRP applicable to this round of dividend announcement, hence the ex-date and listing date are not yet announced.

Solid QR, holding on since IPO day 1.

@Just88, I think that was the whole idea The Lee Family keep SCGM listed. Besides cashing out via capital repayment, they also sold their shares to the new owners at a premium. Should be an exciting new beginning for SCGM (likely to be renamed) shareholders.

@Just88, The business looks and sounds exciting. Not sure the management team though. From plastic packaging to F+B, I will be following them thru since my holding costs is zero anyway.

@Just88, thank you for your sharing. Seems interesting for existing holders.

@Ivan_Invest, dont be a kiamsiap uncle la the CNY by giving smaller angow. Yummy dividend coming into our bank account on 19th Jan.

@Ivan_Invest, okok!

@Ivan_Invest, why 1.35? Is it a significant number?

Totally unexpected that ex-dividend the price is trending up.....

i3kyan, why check google? Check on official BURSA announcement.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3395859&corporate_action=1

Noticed at Subang Parade already upgrading the downlights on the upper floors. Much brighter and according to the technicians there it is a lot more efficient. Also they mentioned they are using only PHILIPS for all their malls as ESG is a major concern for them.

Thank you for the generous dividend! Looking forward to another sterling year in 2024.

11/10/2022- Matched @ 1.90
12/12/2023- Matched @ 1.90

Added more position today at exactly the same price I got 14 months ago.

https://theedgemalaysia.com/node/691917

KUALA LUMPUR (Nov 29): Leform Bhd’s investors might have finally sighed a relief over the past two months, as the steel product manufacturer they invested in made a steep climb after staying range-bound for the most part last 12 months since the company’s initial public offering (IPO) nearly a year ago.

@i3kyan
It is priced at RM 1.70/unit for this round of IDRP.

Got a bit of luck and was allocated a small amount of shares in the IPO. Lets see how it performs on Mon.

Solid good QR despite Yongnam and Bukit Kemuning properties being vacant. Recently completed/acquired properties almost made up the difference. When these 2 are tenanted, the distribution income will be way higher!
IDIP is most welcome, just wished that the electable portion can be higher.

Went to Mahkota Parade recently and saw the technicians there changing the lights to PHILIPS PROFESSIONAL LED Lighting. Certain section of the mall (in front of Parkson) is now very bright and according the technician it is also much more efficient, saving even more energy. Not sure how true is this but I do hope it is true as this would mean lower cost = higher profits = more dividends to shareholders.

Private Placement Price is RM 0.5377, wonder what is the minimum size for retail investors to participate. Minimum 1.0M shares?

Near my TP to pick up more. Yummy!

Done applied for the DRP. Now wait for H2 Dividend to come in only.