Wow! So easy to make $800k. Is it in Zimbabwe currency?

Let's face this fact, over 80% of investors who have the gut to buy PM Holdings would lose money eventually. You know who the winners are? The syndicates. Of course the IBs also make money from the brokerage, government from stamp duties and Bursa from clearing fees. Its nta is only about 3 sen and I don't think it has ever paid any dividend before.

Cannon Tan, I doubt you understand Chinese. If Keck Seng is associated only with Taman Daya , it is already in its twilight years. It has net cash of RM1.1 billion, investments in listed companies amounting to RM450 million, hotels in New York, Toronto and Hawaii. Properties in Kuala Lumpur, Singapore and huge land bank in Johor Bahru. Read its annual report for year 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3443125

This is a company with very strong fundamentals. More or less assured of strong earnings for the next 20 years.
https://klse.i3investor.com/web/blog/detail/sinchew_company_story/2024-07-01-story-h-157947783

First quarter financial result was so bad and you still claimed it has strong fundamental.

Such a favorable comment on Keck Seng by Hong Leong Investment Bank's retail research head also fails to give its share price a big boost. Sigh!

Cannon Tan is obviously over optimistic.
https://foreignpolicy.com/2024/06/14/nusantara-indonesia-new-capital-environment-indigenous-land/

More than 10 weeks have elapsed since RHB Bank traded ex dividend on the 18 April and its price has just clawed up by a meagre 5 sen. It took Maybank only one week to claw up to the level a day prior it traded ex dividend. RHB Bank is like an elderly man now.

All Johor Bahru based developers should be doing extremely well for the next few years. Just have a look at Crescendo Corporation Bhd's first quarterly earnings.

Now 60 sen support level in danger. Hasn't dropped to such a low level for several months.

Cannon Tan. just like Supermax, you will have 1,000% profit again from your investments in TSH.

Around RM1.20 a share should be a good buy.

Up very fast, down even faster. Now already dropped by more than 20% from its peak, considered bearish.

Small bosses were trained by him and so likely to have the same traits.

One needs a lot of gut to invest in a counter that has got up almost 8 times over the past one year. I certainly don't possess such gut.

Management has been keeping the money (over RM100 million) from the sale of some assets for more than 10 years. Perhaps they would keep the money for another 10 years without doing anything proactive.

Investors may have to wait for several months before it moves above 0.30 again.

Buy this counter only if you have insider information that it is going to be taken private soon. Otherwise you may get your capital stuck for years.

Already up more than 6 times from its 52 week low. Wonder how much further can it go up. If it can achieve 1% of what Nvidia has achieved, it would make many punters millionaires.

This counter only good for speculation, not for investment.

Jakarta has a history of 500 years. It may take 100 years for Nusantara and East Kalimantan to be as developed as Jakarta. By that time RM60 billion is nothing to shout about.

Cannon Tan, since TSH is soooo good, how you put all your available resources into this counter? You could become a billionaire in 10 years.

Chasing after a counter that has gone up almost 6 times from its 52 week low is a bit risky.

Last year around this time, it was trading at around 10 to 10.5 sen. It has certainly gone up but at a very, very slow pace compared to other property counters like UEMS, Eco World, MRCB etc. Just remember that every dog has its day.

Persistent selling of Tenaga shares by the EPF over two years ago drove its share price to dip below RM8 sometime in July 2022. As at 7 September 2022, EPF held 900,968,661 Tenaga shares. Soon afterwards it embarked on a buying spree, turning aggressive at the beginning of 2023. Even after some moderate selling over the past few days, EPF still holds 1,016,283,345 Tenaga shares. I believe it has made lots of money as Tenaga rallies.

@i3gambler, don't waste your time putting up anymore comments here. You should immediately write to RHB Bank's Board of Directors, its CFO, external auditor and i3investor to inform them that their calculation of RHB Bank's dividend yield is seriously flawed and only your calculation is correct. Then come back to inform us of their replies. Thank you.

"He called me little boy, he said I failed my mathematics."
Dear gambler, have you written to RHB Bank's Board of Directors, its CFO, external auditor and i3investor to inform them that their calculation of RHB Bank's dividend yield is seriously flawed. Only your calculation is correct. If you haven't, then I stand by my comment about you.

Maybank has carried out ESOS twice over the past three years. In 2023, it increased its dividend to 60 sen a share, from 58 sen the previous year. What is your comment on this?

Everyone in this forum views i3gambler very negatively.
Hahaha, did I say i3gambler no good?
But the fact is he is a negative element here.

"1) ESOS is negative Dividend.
2) Private Placement is also negative Dividend.
3) Right Issue is also negative Dividend."
1) ESOS is a kind of incentive. It encourages employees to work harder for their company and hence bring in more profit. Maybank implemented two ESOS over the last three years. It total dividend for 2023 had actually been increased to 60 sen share.
2) In a bear market, small investors may not be willing to cough out money to subscribe for new shares. Cash strapped companies thus have to enlist the help of institutions to buy up new shares at a discount. Which do you think is better - allowing the company you have invested to go bankrupt or bring in substantial shareholders who might help the company to survive?
3)Rights shares are always priced at a discount to market price. Companies requiring additional working capital for expansion would normally call for rights issues rather than borrowing money from the banks. . Why does Maybank make much, much more money than RHB Bank? Maybe you prefer the companies you have invested in to remain small forever.
You are shortsighted!

"I do not expect prudentinvestor can understand this."
A person who doesn't even know how to calculate dividend yield and who could not cite a single IB which calculates dividend yield his nonsensical way dares to write such a comment.

"Yes. Share Buy Back is equivalent to Dividend Payment."
Weird, weird, weird. You got RHB Bank shares at a big discount and without having to come out a single sen and you don't consider it as a dividend payment. Haven't your additional RHB Bank shares increased the amount of your share portfolio? You got something. What do you get if a company buys back its own shares? Nothing! If share buy back can support a company's share price, it is ok. Top Glove started share buy backs when its share price was way above RM7. It is exactly the opposite of what you claimed.

"TSH is downtrend for 10 years going break out on the 11th."
I don't know that TSH has been on downtrend for ten years already. This means Cannon Tan's effort for the past ten years has been wasted.

As I have stated several times in my comments, RHB Bank has implemented DRP over the past three years and has issued several hundred million more shares. Yes, there is dilution no doubt but its yearly dividend per share has remained at 40 sen. Hence dilution has not impacted its ability to maintain its dividend payout at 40 sen a share. As for the calculation of dividend yield, we follow what the whole world is practising.

Little boy, just scroll up this page and look for financial highlight, RHB Bank's dividend yield is given there. Write to i investor and tell them that their way of calculating dividend yield is wrong.

Please do not beat around the bush gambler. Just give me the name of any investment bank which says that RHB bank has a yield of only 5.72%.

You look confused gambler. We are talking ONLY and ONLY about RHB Bank's dividend yield which you claim because of the DRP is only 5.72%. All the rest say it is 7.27%. Cite me one IB which concurs with you and says RHB Bank's dividend yield in only 5.72%.

The argument here is what RHB Bank's dividend yield is. All the investors here except you say it is 7.27%. You say it is 5.72%.

So difficult to understand what others have written meh? You haven't cited any IB which calculates dividend this nonsensical way. Don't avoid my question. Turning your dividend into equity doesn't mean your dividend has disappeared. As far as others except you are concerned, it is still considered as dividend paid and taken into account when calculating RHB Bank's dividend yield.

This fellow is very confused. He thought dividends converted into shares can no longer be considered as dividends and keeps insisting that he is right.

Cannon Tan, two years ago you advised investors to shun bank counters. Maybank has gained at least 15% over the last two years on top of a return from dividends of over 13%, making a total return of around 30% in two years. CIMB Bank could have done better. How much is your return from GOLDEN Tsh?

Stop all the arguments little boy. Just Google "RHB Bank dividend yield".

There are tens of investment banks in this country. Cite me just one, one only that works out dividend yield your nonsensical way. Please enroll yourself immediately in a Mathematics tuition class that specializes in calculating dividend yields.

Without DRP, I would have received RM400 dividend in total and RHB Bank's dividend yield for 2023 was 7.27%., assuming I had bought my RHB Bank shares at RM5.50 a year ago. Why do I need to dispose part of my shares? Are you confused or you just refuse to admit your mistake?

Cannon Tan is now promoting Indonesia's new capital city Nusantara to fellow investors, for a change.
https://en.wikipedia.org/wiki/Nusantara_(planned_city)

"2) It is also OK to declare 40 sen with DRIP, as long as we understand the Real DY is still the same 5.72%."
My real dividend yield is slightly more than 7.27% because I can dispose of my DRP shares for a slight gain. Your dividend yield is 5.72% because your DRP shares are worth nothing, just fictitious shares credited to your CDS account.

The last time Keck Seng declared a bonus issue was in 2011. It has enough reserves to declare a bonus of 3 for 1. High time to give a bonus of at least 1 for 1 while maintaining the dividend rate.

RHB Bank has implemented DRP for the past three years and yet the total amount of dividend paid in each calendar year has remained at 40 sen a share. This shows a slight dilution has no effect on the company's ability to maintain its dividend payment at 40 sen a share. How much do you think RHB Bank's dividend yield is?

@Berlin, as a Malay proverb says, you can't teach a crab to walk straight.

Every gambler has big dreams and that is to win big money.