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3 days ago | Report Abuse
Another typical case of price drop underwater post rights. In this case, the share price drop quite late - two days before listing. At current price, newly subscribed share together with warrant is ~12.5% underwater. If did not change the original holding to rights, the original holding is under water a further ~65% (at $0.04 referencing $0.11).
5 days ago | Report Abuse
I guess we always see the same kind of statement which appear in this article:-
"A bare bones budget of just RM1,500 a month already requires you to have a whopping RM270,000 to support ourselves till we reach 75" (retired at 60)
Also mentioning the compound interest effect in the saving placed into EPF.
Do we missed something? I think we also need to know EPF does pay out dividend up to age 100 for member. This mean if we retired with $360K of saving in EPF at age 55 and above, can live by with $1500 per month, EPF pay out 5% or more per year; we can maintain the income stream forever without reducing "Principal" or base saving in EPF.
$360K with 5% dividend will yield $18K per year which is $1500 per month.
If the dividend is higher than 5% and the monthly withdrawal stayed at $1500, the "money tree" in EPF still grow albeit slowly.
1 month ago | Report Abuse
There are close to ~360 million sell volume and done volume at 7.4 million for the Rights at the moment, mean there are a lot of seller but few willing to buy. The existing shareholders already have the OR and need to make decision where to subscribe or not.
For non shareholder, buying the Rights and subscribe will pay $0.06 per share. It may seemed to gain $0.04 per share per the current price but post Rights, the recent history of Penny stock's Rights Issue may turned off many.................SO BEWARE!!!
1 month ago | Report Abuse
@Zulfikri12,
If we intent to hold on, i think it is good to change to Right. It will result in less loss should it fall further.
Do modeled out your own scenarios in Excel and made your own decision as it is you own $$$.
1 month ago | Report Abuse
@8899EL8899,
After right issue, if we don't sell and do not subscribe to Right and the the price drop to 4 sen, we will loss a further $5500 from current $0.095 for 100K share. If we sell and change to right, we will loss slightly less than $2300 as we now have 172.8K share and 720K of warrant (Assume Warrant at $0.005).
For sure, we can sell off at the current price and ignore the Rights if we foresee it will drop further.
1 month ago | Report Abuse
With the significant #right at 6 to 1, if selling off, only be able to subscribe partially if no additional capital. For 100K mother share, selling off at $0.095 will end up with 172.8K (out of 600K entitlement) mother share and 720K Warrant after right issue with small additional amount to avoid odd lot in Warrant.
1 month ago | Report Abuse
If holding mother share, seemed to be better sell it off and change to Right at $0.06? (buy OR at $0.005 and pay $0.055; and subscribe to entitlement at $0.055). This will increase #share onhand and provide better chance to gain or reduce loss...........
1 month ago | Report Abuse
Publicinvest analysis was on non-adjusted chart. On adjusted basis, if today can close at $1.12 or higher, it will be higher than the adjusted high on 30-Nov-2022, mean uptrend technically and may test $1.17 and $1.27 in the near term.
1 month ago | Report Abuse
那里傻, 应该是最聪明,最高智商及最利害投资的!!!!
FlyingEagle
这两个傻的,我早已当它透明的了。。。。
《《《《《《《《《《《《《
MoneyMakers
As usual crazy mike/SeeResearch & their nonsense longwinded stories/lies
Just silently cry better - see TSH rocket since 90sen/8sen div somemore
2 months ago | Report Abuse
疯狗吠的欢,
撩狗撩的爽;
投资赚了吗?
管他人赚亏?
吃饱没事干?
还是脑进水?
2 months ago | Report Abuse
Close above EMA200 today. With more than 70% buy trade, may challenge $1.74, $1.82, $1.87 and $2.00..........Let see...............
2 months ago | Report Abuse
疯狗不会知道它自己是疯的,只会不停的狂吠,周围有任何风吹草动,它就吠的更大声响亮!!!
自己的投资不是自己负责吗?亏了就怪别人?赚了有拿出来分吗?
2 months ago | Report Abuse
大狮子带小狮子出来散步,大狮子看见一条疯狗,赶紧带小狮子躲开。
小狮子问:「爸爸,你敢和老虎拼斗,与猎豹争雄,却躲避一条疯狗,多丢人啊?」
大狮子答:「孩子,打败一条疯狗光荣吗?」
小狮子摇摇头。
大狮子再问:「让疯狗咬一口倒霉不?」
小狮子点点头。
大狮子说:「既然如此,咱们干嘛去招惹一条疯狗呢?」
小狮子点头称是。
我们没有必要何时何地去证明自己有多厉害,聪明的人从来不与没有素质的人争辩,对于不配做对手的人,只需微微一笑远离他,别招惹不必要的麻烦,不要遭受无谓的伤害。
2022-11-22 22:08 | Report Abuse
Base on the price tag at $9K and $14K, I think it is a recipe for disaster. The equivalance models in China cost not even one third! Is it due to the extremely high production cost in Malaysia or making huge profit???
2022-10-14 22:09 | Report Abuse
The price has been on downtrend since early 2012, with sign of stabilizing in 2018; but continue to downtrend for couple of year, then on sideways since. At current price, I think the downside is limited. I have been buying since early 2018 and averaging down with current average cost at ~$0.48 excluding dividend and ~$0.415 considering dividend, mean loss of ~11.5% at current price of $0.36.
Malaysia interest rate increase is quite moderate in my opinion. With gearing ratio at 49.5% or slightly more than $820M, the interest impact is not that significant and still tolerable. The occupancy rate on some of the property are worrying though, hope the management will work harder to improve the performance.
2022-10-11 18:20 | Report Abuse
With two years to retirement, saving and EPF of ~$1M and 1 rental property paid off by then. Assessment is needed if the income generated are sufficient to sustain the lifestyle intended.
If both are really conservative in money management and do not want any hassle, let EPF manage the total saving is the option avialable. With the recent budget, can top-up $400K in the next two years into EPF from saving.
Let say can reached $1.1M in total EPF and 5.5% of dividend will yield slightly more than $5K per month. With another $1K net from property rental, this make the total monthly income at $6K per month without reducing the "Principal Capital" available.
By then, can make arrangement with EPF to withdraw the yearly dividend of $60K or monthly of $5K. If this is sufficient, then can retire comfortably with peace of mind...............
2022-09-30 13:18 | Report Abuse
I think the writer does not provide the full picture on the analysis. The counter illustrated have paid out $0.642 dividend since Oct-2018. If we assumed the loss mentioned at 22.5% at $3.41, adjusting the dividend received, the loss was only less than 4%, mean if the price move up by around $0.13, it will be at breakeven level..........
2022-08-24 14:24 | Report Abuse
With the dividend payout of 1.93 sen last May and estimate to have another 1 sen this December; at current price of $0.38, we will have slightly more than 7% of net dividend for this year.
Also good potential for long term holding with NTA stood at $1.17 which is >3 times the current share price.
2022-07-04 12:16 | Report Abuse
Also, current EPF saving with yield of 5% and accumulation for another 5 years contribution with the same yield will provide around ~$780K in total. Upon retirement, there are ~$38K dividend per year (~$3200 per month) with yield of 5% from EPF alone.
2022-07-04 12:07 | Report Abuse
不足的数额是60万4252??? The saving to EPF and own for age 41 to 45 was not calculated!!
If we take working for another 5 years, 25% contribution to EPF with 5% dividend will yield ~$177K ($2550 contribution per month) ; Own Saving at $4700 per month with 5% return will yield ~$327K.
With the above, there are additional ~$504K available.
For the ~$1171K, extending another years with return of 5% will yield another ~$58K. Hence there are additional "saving + return" of ~$562K.
If she just worked another year, there will almost enough to retire with the needed amount mentioned. Worst case, extending one more year (totalled 2 years, age 47yo) will be more than sufficient.
2022-05-27 10:00 | Report Abuse
Disposal of BSL resulted loss was at $5.51M while the total realized loss was at $17M+. From the cash flow statement, there are $1.331M unrealized loss from quoted investments, will this loss continue to grow.........
2022-05-26 21:43 | Report Abuse
The management tried to operate in their incompetent areas and wasted a big portion of the money from PP/RI/ESOS! The core businesses seemed to be still viable; hope the management are aware of where their focus should be.....
Look like the PP takers have loss big time with the current share price at $0.03. With more than 2B shares at the moment, consolidation and another round of RI maybe on if the ~$60M continue being eroded due to the Quoted investments!
2022-05-21 12:49 | Report Abuse
Coupon/Profit/Interest/Payment Rate are the common term used as Preference share's dividend, hence I think there is nothing wrong to refer the payout as interest. For PANSAR-PA, we do see there are distributable profit at the point of PA's anniversary where dividend should be paid if the management cares! Should the company took loan from financial institutions, interest (maybe part of principal) must be paid irrespective of profit/loss!
We can refer to OMESTI-PB which was issued at $1.00 with 5% rate on 01-Apr-2021. The dividend have been consistently being paid (half yearly) on 30-Jun and 31-Dec for last couple of round. With current price at $0.86, the yield stood at ~5.81% pa.
2022-05-10 15:59 | Report Abuse
@ET8888 If you have Direct CDS akaun under your name, can subscribe thru "Bursa Anywhere" Apps which is very convenience but need e-banking account to transfer money. If you are using "RakutenTrade", they will have subscription option under "Corporate Action Subscription" in the trading webpage. Another option is to fill up the subscription form, buy the require bank draft/cheque and submit on your own or post to the registrar stated.
2022-05-10 15:43 | Report Abuse
Quite surprise that we need to lodge complaint and Bursa does not have a mechanism to ensure listed entity adhere to the rules and true to their commitment.
A company that are strong financially and responsible should have proper SOP in place and does not disappoint their shareholder which is not the case here.
Cumulative 3 Quarter(ended 31-Dec-2021) Net Profit stood at $2.7M only. Extrapolate with another quarter may get to ~$4M for the year ending 31-Mar-2022.
With 229,325,975 PA issued at $0.53, 4% interest will stood at $4,861,711 per year.
2022-05-09 15:35 | Report Abuse
PANSAR-PA issue date was 29-Mar-2021, without any news being made available to shareholders, I think it show how good is the integrity and responsibility of the company's management!!
2022-01-21 11:07 | Report Abuse
Implementing the dividend tier may cause significant outflow from EPF and may cause catastrophic impact to the market and may be more detrimental to the so called "poor" contributors! Per EPF Annual Report 2020, there are ~7.6M active members with total saving of ~$721B.
Member with $500K and above stood at 207,669 with total saving of !$198B. This is ~2.47% percent of the active members and ~27.41% of the total saving.
Should EPF implementing lower dividend at 3% or less for saving >=$500K, I believe this group of member will opt out of the EPF and park their money elsewhere as their saving are equally hard earned. As a matter of fact, we need to be prudent in financial planning in order to build up saving in EPF as well as on our own!
Stock: [FITTERS]: FITTERS DIVERSIFIED BHD
3 days ago | Report Abuse
Will the price move higher in the coming couple of weeks to entice subscribers?
For this counter, Changing to rights at current price ($0.085) will pegged the holding cost (excluding earlier loss/gain) at $0.059 considering the free warrant at $0.005 post rights.