Price on turbo again

I feel sorry for the old folks who hold KJ shares but have not received dividends for sometime

2,795,072 shares only amounts to 0.21%. It simply means that there's too many shares out there. Time to scoop em & put em into treasury stock - perhaps forever.

Yes, from the legal actions, appeals and counter appeals, the winner is ....

... the LAWYERS !!!

Buy back at these low prices indeed benefits all shareholders but I hope they do it orderly. Perhaps set a cumulative target of say 4m shares for this quarter as Treasury stock & don't go beyond.

We do need some cash for dividends

Let's hope that the Govt teach the Y gen how to gamble in their school moral lesson

Perhaps Warren Buffet

With markets in the doldrums the offer is fast fading. I don't think our local billionaires, the Vincent Tans and Ananda Krishnans find KJ compelling. The best hope would be to get a billionaire foreigner with lots of USD to play white knight.

Look at Ajinomoto - some white Co saw value, proceeded to snap up more than 5% stake and in the process, the share price went through the roof.

Just sit around, twiddle your thumbs & wait until 23 Mar 2016. But ... will there be another extension?

Don't forget - what if in the future the government feels that it cannot meet the budgeted expense, then it may increase GST - this further squeezes margins of legal tax-paying BToto but to the advantage of illegals.

That's why I've been coughing blood trying tell anyone who's willing to listen that GST is not logical for this gaming Co.

My guess - since EPS is 5+ sen then dividends = 5 sen

... instead of kembong. As I write 9++ yahooo!

I've picked up several lots of B. Kawan. At today's prices I believe they are quite a good buy. Why?

1) Their fertilizer business is doing well
2) About 6.8% of shares have been siphoned off as Treasury shares (less in circulation) hence better EPS
3) They own a big chunk of KLK which has large land bank
4) share price have been lingering at such levels for sometime despite the fact that CPO somewhat recovered, net assets building up over time and MYR has weakened (hence in USD terms, it's cheap)

Does the above make sense?

Looks like everybody wants a piece of Aji. With a little bit of luck and diligence, I picked up several lots about 2 years ago & now slowly "shooting" my Aji bullets.

There are several such companies with similarly ok products combined with conservative & honest management waiting to take off.

I've taken some profit on this "irrational exuberance".

The Co should be rechristened "Titanic Toto"

Sure BJCorp may want to buy BJLand to increase revenue simply because BToto is the jewel in the crown of Berjaya group of companies

Compare EPS with dividend per share, you'll realise that they are paying out most of their earnings - which is a sign of great management skills.

Ivan - so long as you sell from ex-date of 7 Dec onwards, you will received the dividend

T'is the season & I bring good news ho ho ho!

Focus ran a good article on KJ. They said that Toyota Tsusho (TT) will likely offer a much higher price. Why? - two reasons:

1) when they first offered $230m, USD/MYR was 3.60 which translated into RM3.74/share. Now with a weakened MYR, the same USD amounts to RM4.20/share.

2) TT's initial offer was 1.6 times NTA. Now NTA has risen further due among others to non-payment of dividends, hence at the same ratio, it translates into RM4.51/share

Expect a drop in EPS when results are announced since no share buyback for sometime

Sold 1 lot @ 7.35 - no choice lah - need some cash or else would have kept it

someone just pushing up the share price of this illiquid stock before it goes ex.

Increased exports - Probably the weak MYR helped

Mari saya belanja semua makan ajinomoto!

I hope that all the minority shareholders e.g. me - will get rewarded with the patience we have exercised thus far.

Please Minority - DON'T SELL until a good offer is placed on your plate.

B. Kawan is stingy with dividends - Over time for any company worth its salt, should pay increasing dividends. They want to take their money to their graves

Today I was screwed twice - B. Kawan dividend down by 10 cts & now this. What a way to go into the weekend.

Kudos to the management for being creative in these difficult times. Weak exchange rate makes it difficult to sell imported stuff which is compounded by GST.

I think the major shareholders think they can take the money to their graves - why so stingy? - payout ratio of only 42%.

Also - the meagre payment have to wait until Mar 2016 before $ in the pocket

Why the repeated extensions?

Awaiting with much anticipation bursa's query on whether Toyota Tsusho is still keen on KJ

Perhaps management is trying to talk down the share price - so that Aspire can acquire it for a song.

If & when they decide to issue the circular to shareholders on the proposed disposal & distribution of proceeds (after numerous extensions) - it will look ridiculous for them to stick to the same price of 3.30

The fact that the share price of KJ had risen even before good the results were announced is an indication of possible insider trading.

Management is waiting for minority shareholders to blink first - i.e. sell & give up.
No dividends means a fatter balance sheet = Higher Net Assets = Higher share price

Long overdue rise.

Still undervalued though - remember profits not distributed & properties not revalued for sometime

price seem to be creeping up. My advise is hold if you have the deep pockets.

I believe this quarter's earnings will be badly affected by GST & the weak economy

Today Aji's dividend received - can belanja kedai mamak

I started picking up Aji shares in about 2014.

I blamed it for my receding hairline but it's something that's unavoidable if one eats out most of the time. Almost every savory food sold has MSG especially the instant noodles. Then an idea floated in my mind - why not make money as I lose my hair - that'll hedge my misery & so far it's been good.

This Co has been around for sometime. My uncle who's in his 70s used to work there. Can you think of any other company other than banking & insurance where the business model can stand the test of time?

Unbelievable increase in share price!! Who's buying? Foreigners?

The so-called climb is due to shares turning ex-dividend tomorrow - nothing really to rejoice

True I believe you are referring to stale bulls

A sudden price rise?

Don't Can-One desperately require dividends to offset the cost of funding the KJ acquisition?

What happened? A sudden drop by 86 sen

With Value Cap in the picture, KJ shareholders can certainly demand for more.

A few days ago, I bumped into Datuk Anthony See (stays nearby). He told me off the cuffs that with asset revaluation, the shares should be worth "at least RM4".

Just watch - the share price is going to take a nose dive

The total dividend = 2.5 sen (cash) + (1/140 x 3.12) = 2.5 + 2.23 = 4.73 sen.

I hate share dividend. It dilutes the EPS, further causing a decline in share price. I'm not upset with the management because I think there are other forces at play.

A screwed up dividend by Btoto

Because of the political risk, I think it would be better to receive the dividends in the form of cash