Surprisingly it still hits 3.19.

http://biz.sinchew.com.my/node/71564?tid=18
改善流通率‧太平洋東方或分拆股票
熱股評析 2013-03-13 18:19


（吉隆坡13日訊）太平洋與東方（P&O,6009,主板金融組）尋求計劃以改善股票的流通率，肯納格研究認為，股票分拆是可能性的方案，不僅正面看待股票分拆計劃，也相信資本管理是該股的另一催化劑。
此外，該公司在脫售旗下太平洋與東方保險（POI）的49%股權後，擁有加強核心資本的能力，若管理層未發掘投資目標並決定回退過剩資本予股東，2013財政年的股息預測25.4仙有望上調。
太平洋與東方在脫售保險臂膀49%股權予南非保險公司桑南（Sanlam），宣佈特別股息15仙，肯納格保守估計，該公司2013年的派息率為40%。
隨管理層表示，對內部核心資本比170%感到舒適，肯納格因而相信，上述股息預測或潛在走高，因管理層可能在2013財政年前，降低內部核心資本比，自200%減低到170%。
汽車保險業務最獲利
肯納格表示，太平洋與東方擁有最獲利的業務-汽車保險，同時，由於索償撥備太高，該公司可能在2013財政年獲得津貼回撥，並有望降低索償素質的疑慮。
肯那格認為，該公司可能在今年進行回撥，促使索償比較預期的50%低，一旦該公司的索償素質的信心增加，投資者對該公司的支持也將提高。
管理層表示，該公司索償比改善，並可能降低到40%。
肯納格保持太平洋與東方“超越大市＂評級，同時上調該公司的目標價，自1令吉36仙調高到1令吉80仙，以反映該公司令該公司未來12個月的股票回酬達12%，股價潛在升幅達38%。
肯納格也提到，該公司目前股價僅為2014財政年本益比和股價賬面值的6.9和0.7倍，估值廉宜，更重要的是，該公司的淨週息率達5.7%，因而預見，投資者對該股的購興增加。（星洲日報／財經）

小股东大权利：认识公司建议
财经周刊 投资观点 小股东大权力
http://www.nanyang.com/node/516610?tid=687

太平洋与东方股东特大顺利进行。

除了股东大会，公司还会进行一些集资或回馈股东的建议，这些建议到了最后阶段，都需要举行股东特别大会，来寻求股东通过。这些建议包括：
1）送红股或送凭单计划；
2）配售附加股、优先股或债券计划；
3）股票拆细和整合计划；
4）私下配售股票计划；
5）削资重组计划；
6）资本回退计划；
7）股票回购计划；
8）股息再投资计划；
9）雇员认购股票计划；
10）更改或脱售核心业务计划，等等。
太平洋与东方售核心业务
上述第10项提到脱售核心业务，最近的例子就是上周太平洋与东方（P&O，6009，主板金融股）的股东特大，旨在寻求股东通过售卖其49%保险业务。
由于整个交易金额涉及2.7亿令吉，占公司2012年审计后财务约109%，因此，需要必须召开特别会议，讨论及通过此项议案。
太平洋与东方脱售价，是账目比率（Price to book ratio,PBR）的2.46倍，为近年来保险行业的最高比率，再加上只售出49%，还是牢牢控制住主动权，太平洋与东方可说是促成了一项非常成功的买卖。
而且，整个交易是以现金进行，事成之后，太平洋与东方虽然少了其保险业一半的贡献，却手握至少1.5亿现金，变成了一只现金牛，同时，股东们也会得到一笔每股15仙的特别股息，大家都乐于见到这项交易水到渠成。
质问股权蔑视股东
太平洋与东方股东特大顺利进行，倒是之前的股东大会出现了一点小插曲，美中不足。
事缘一些小股东对公司账目盘问不休，公司主席怕耽误到下来的股东特大，打算限制发言，引起股东的不满。
其中有一位印裔股东发问时，主席竟质问他拥有多少股票，大有蔑视之意，立刻引起其他股东的不满。
一般上股东拥有多少股票是属于个人私隐，并不因为他有一百股或一万股来决定他可以问几个问题，公然询及其股权，而且暗喻股权大小决定公司决策（虽然这的确是事实），很容易引起不愉快的情绪，群起而攻之。
幸好董事部总算是做成了一单好买卖，最终大事化小，小事化无，大会圆满完成。
有时，公司一旦完全脱售核心业务，将陷入PN17的情况，那么，证监委员会将给予公司12个月的时间，来合理化其业务方向，或寻找另一个替代的核心业务，不成功的话，公司可能被停牌和最终除牌。
刚列入这类PN17的例子有稳大（ADVENTA，7191，主板工业产品股）和益资利金融（ECM，2143，主板金融股）。
至于最近开始商谈脱售核心业务的公司，有CBSA（CBSA，0041，主板科技股）。公司在3月1日收到一份收购其咨询和广告业务的建议书，价值1.2亿令吉，董事局需在3月12日给予答复。
~~
Found this. You may google translate if needed.

Thanks allan.

sorry, the 0.015

The 0.15 1st Interim dividend was paid in April.

@allan88: What I understand here is the stake acquisition of Sanlam is becoming its major shareholder and not disposing or foregoing its insurance revenue. Such should be a plus point. Correct me if I am wrong.

(Under Corporate Proposal of Q1 13 Notes.)

The Proposals were completed on 3rd May 2013.

An introductory document which sets out further details of the Proposed Transfer will be despatched to the shareholders of the Company upon procuring the necessary approvals from the relevant authorities.

@redbull88: I dont get this. Pls elaborate further. TQ.

Quarterly Result is out. Profit Maintained. Transfer to Main Board confirmed.

Excellent 2Q result!!

When upgraded to main board is still beyond knowledge of mine... but for one thing I am sure... based on the current price I am not going to lose, plus its sound fundamental as safety buffer. Earning or earning how much by then, let's wait patiently for its debut.

the tone fading??

Redtone getting rocket fuel to shoot despite today's down syndrome.

Which Malaysia brand n company could notably establish such amazing world class performance in a mere decade? AirAsia,the amazing brand which has been prevailing over myriad challenges . In confidence I buy. Haha...

3.15 has strong support

The special dividend in fact had been announced few month back. So those bought early had valued such ang pow. Nevertheless the stock is quite a good choice to hold in long term ^^.

Stock buying behavior is not a sure programming

The 15.17cent one shall deduct 25% and 3.82cent received in full.

Looking at its strong performance and cash rich position, I might hold this stock longer till 2014.

The report is out. Good performance.

The boss can say what he wants but whether TRUST him or not is another matter.

I bought it to get this special dividend ang pow, but may keep for long term (1 year at least) for its appreciative potential.

Confidence by calculated common sense.

Superman needs to settle 1st before rising.

BullBear, have a break free from AA. Happy Wesak Day. haha.

I had learned not to be optimistic of China Stock's result. Hope this one is exceptional 2u guys.

AirAsia - 1Q Weighed Down By Associates
http://klse.i3investor.com/servlets/ptres/15864.jsp
Price Target : 3.94
Price Call : BUY

haha.

BullBear should be one of the rare few who eyes on AA so focused. Haha.

In fact its net operating profit is higher.

U r most welcome. Happy investing.

If based on previous record, the Q1 report should be in May.

全年营业额上看6100万
客凯易预计2012财年营业额能维持双位数增长，但盈利表现因投资新产品与扩展市场而持平；并估计2013年的系列企业活动后再决定派息政策。

总执行长余曹祥表示，截至今年首9个月营业额已达4606万令吉，而他们有信心可达全年目标6100万令吉；然而，营运开销增加难免压低净利，所以相信第四季净利表现与过去一季无异。

他相信，过去一年的积极投资和努力将在2013财年第二季看到成果。

针对派息政策，余曹祥希望今年可维持过去两年的派息率，即每股1.5仙。

派息率料维持
客凯易目前没有正式的派息政策，他强调必须在确保盈利增长稳定、即2013年之后才宣布其派息政策。

客凯易计划扩大市场、推出新产品和新盈利循环经营模式，以在未来3年营业额可增长3倍，净利随之增长5倍，其中海外营收贡献从明年50%目标，提高至70%。
Cuscapi plans to expand the markets, introduce new product and new formats of profit-cycle operation, so that its revenues could increase by 3 fold in the next 3 years, profit increasing by 5 foldm and its oversea revenues increase from the 2013 target of 50% to 70%.

他提到，明年首季将推出投资额近400万令吉、自行研发的新产品———自助平板电脑；而试跑发现，使用后的客户盈利每月可增加2.5倍。此外，明年第四季将推出适合快餐服务客凯易自动贩卖机。
The Q1 2013 would introduce its self-R&D new product - "self service tablet which has been invested nearly RM4mil. Trial run shows that customers' profit could increase by 250% monthly. Moreover, by 2013 Q4 Cuscapi vending machine which suits fast food service will be launched.

Q1 Report is out. Foreign exchange loss reduced its increased net operating profit compared to huge contribution of 2012 Q1.

RM2.30 may not be so easy. See if it could break 1.80 2moro.

Me expecting that too.

Investors now are cautious over all China stocks even the results look good.

haha. This I quit liao.

Strong counter

Based on the done volume, contributed by retail, still moderate its moving.

Haha.. google translate shld help to get the rough ideas

http://cforum1.cari.com.my/forum.php?mod=viewthread&tid=2302952
by far the most comprehensive info online on Cuscapi

@Dylan: If you have excess fund to hold then LT should be very promising. Personally I would hold this at least till its listing in Main Board and see how. Cheers!

When will it be roughly?

http://cn.cuscapi.com/service.php
The management has set over 50 service points across China cities.

Boycott AA? with what strength DUMNO have? versus Rakyat the mass consumers?

http://cn.cuscapi.com/

Good to holding this stock for long term, with its specific business advantage and China market prospect.

volume keeps moving

I hope u r right.