New co name maybe spells better fortunes

Is this stock worth > RM5?

Pathetic but I've written off this counter.

Whatever dividends it gives, I'm grateful but not expecting anything more than a few sens a year. I understand though that we're operating under the threat of religious zealots or else, they would've operated with a lot of poise.

The great Malaysian sale & short sale!

Hahaha

Oil price jumped up this morning

The highest price paid in the share buyback = 25.30 but that is cum-div.

To make it comparable today, the ex-price = 24.40.

This could be a benchmark price to buy ex.

The silver lining is that if it drops quite a bit then either I will use my dividend money to buy more shares or BK itself may do a buyback.

OMG!!

March CPO > 6000

WilburR2 Share split is already in place in bursa as you can sell 100 shares right? Any advantage in share split?

A 1:1 share split simply cuts each share into 2. A similar bonus issue doubles the no of shares by debiting the reserves and crediting the share capital - in layman's terms taking the money from reserves & placing it into share capital.

Both however will have same impact on EPS hence share price.

Actually I prefer a simple share split as bonus would mean draining our reserves.

Just finished attending the AGM.

Among others, the Board will consider bonus or share-split.

5 sen?

Wake up - you're dreaming!

Performance is superb due to mainly high CPO & PK prices and consolidation of CCM & IJM results. Cash generated from operations, up from 439m to 949m. Need to find out though the details of the massive 851m paid labelled "Purchase of shares from non-controlling interest".

Going by it's last 2 quarters EPS of 77.78 & 83.85 - if we extrapolate to annual = 323.26 sens. At a conservative PE of 9 times, then BK share price should amount to RM29.

Money, money, money!!!

On the contrary, BK is a cheaper route to acquiring interest in KLK.

EV car is not really environmentally friendly.

Have they figured out how to dispose off the massive spent car batteries? That's a disaster waiting to happen.

Petron can't directly control investors' decisions but it can control dividends.

To make up for the very poor share price performance, massive dividend payouts will rile up investors who have ignored this counter. It'll be the right tonic to drive up the share price.

Ok show's over. The fireworks are through. Now back to work! Haha

Be warned - I'm getting rich!!

Price should rise significantly. Why?

- NTA > RM7 and PE is only 5.5.
- Though some may argue not in the same industry but I consider an investment is just an investment - Carlsberg is trading at PE of 36.6 & Nestle at a mindboggling 53!!

- Petron had made over the years hundreds of millions of RM but declaring only puny dividends. What happens when you put millions into a bank account but withdraw only pennies? Logically overtime, it should grow in a compounding fashion.

The share price is way behind the curve. It's puzzling what's holding this counter back?
The only way for management to get even with investors who're not paying any attention to this counter is to pay a lot more dividends (Unless of course if the accounts are all made up and the profits are fake).

What's the prediction for the Dec 21 quarter?

A. Excellent - >100m
B. Great - 50-100m
C. Average - 30-50m
D. Poor - 0-30m
E. Bad - Loss

What kind of counter!!

Erection for a few seconds & then flaccid

The youngsters are placing online bets & the govt is losing sin tax revenue from this.

TQ wsb_investor - 0.9% more stirs my interest.

I sold some of my in-the-money ordinary & withdrew some of my pathetic-yielding FDs & piled them on ICPs. I can smell the dividends & only hope for an upward drift thereafter.

wsb_investor - Dividend rate is 20% more.

My somewhat simpleton mind tells me that holding ICP in the long run, I'll have more cash in my bank than holding ordinary equivalent. In return I just have to make a small sacrifice on trading liquidity.

Is this logical?

Tq observatory. So it's the trading volume is the setback.

I made my maiden purchase of ICPs today & I'm exploring an arbitrage of sorts between ordinary & ICP

Going through the prospectus for ICP, it appears to me that the ICP should be trading at a higher price relative to the ordinary shares.

Any reason for the anomaly?

Deltacron supposedly as deadly as Delta & as contagious as Omicron may be on the horizon

EPF seems to be accumulating of late

At 6.10, is it time to get down from the bus?

I think analysts focus on high volume trades & BK is not in that club.

Looks like results will be out only on the 11th hour. Does not feel reassuring

Wow!! A massive share buyback at such a high price of 22.

Anxious ... lesson in investing!

I've been trading shares for almost 30 years. The lesson that you, I & the market will NEVER learn is overcoming GREED & FEAR

Dear members of the B40.

How are we feeling today? HaHa!!

It's about time!!

A dividend befitting it's performance.

I hope i didn't just catch a falling knife!

The recent intensive bull run helped me shave my losses by quite a bit.

My savior to offset the losses going forward is dividends and hope to make some $ on the volatility

Rohit_Nambiar - I've responded to you via FB messenger

I tend to buy products of cos i invest in. Tried buying fire insurance but ran into some technical snag. Emailed them but they were dragging their feet on this which I find appalling. Weeks went by without any response from the sales team.

What a poor corporate culture! Residential fire insurance protection is a much sought-after sale for any insurance co. Literally pocket the premium without any need to payout.

I gave their customer relations manager a good shelling. I told her that I'm buying from Tune not because it's the best insurance co but simply because I'm a shareholder. It's a wonder that such sales people can be put on the payroll.

I recommended that she call for a meeting, serve them curry puffs & tell them that they're all fired. That ought to shift their sales aggressiveness up a gear!

YourQuirkyWays29 - you're absolutely right. I mistakenly saw the date the disclosure was made as the transaction date.

EPF still on a disposing spree.

They see something that we don't or vice versa?

Any more fuel left to boost this rocket further?

Sincere condolences to shorters & epf

To add more joy to our celebrations - don't forget that these are ex-div prices

Money coming in on 2 Dec !!!

Like a James Bond villain - We laugh when the world cries.

Is there a bonus issue in store?

No excitement in the trading

65.9 sen EPS for 3 quarters is good.

If we conservatively estimate full years EPS at 80 sen & if the co trades at a conservative PE of 10, then the share price = RM8. Unfortunately though, this co trades way below at about 4.3 PE.

Such being the case, our only salvation is a decent dividend but the Board - which going by their track record is again unfortunately miserly.

We're doomed. Urgh!

A massively good news but unfortunately the govt is going to steal a big chunk in the form of prosperity taxes to pay fat salaries & other perks to people who do nothing but sinfully provoke hatred & division among the people.

Good morning poor people