Travestor

skng74 | Joined since 2013-07-08

Investing Experience Not Disclosed
Risk Profile Not Disclosed

Followers

0

Following

0

Blog Posts

0

Threads

1,001

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
1,001
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2023-01-28 15:46 | Report Abuse

It should be under My Account > Corporate Action Subscription. I don't see it yet because it must not be ready yet since the announcement is not yet posted in Bursa.
---------------------
goldbabymilk
Anyone using rakutentrade? Why I do not see the option to subscribe to the Dividend Reinvestment Plan?

Stock

2023-01-28 15:39 | Report Abuse

Is there already instructions on how to subscribe to the IDRP?
---------------
MrAction
already subscribed.... need more angpao here ...

Stock

2023-01-25 18:58 | Report Abuse

It's not tomorrow. Please read the announcement carefully regarding when those who intend subscribe will get it.
https://klse.i3investor.com/web/announcement/detail/1746763
-----------------------
AndrewHo93
Ex-date of IDRP and those who applied will be get the units tomorrow at 4 pm. Yay

Stock

2023-01-17 17:59 | Report Abuse

Short term investors will definitely sell some after IDRP for a quick profit. So, I do expect some selling right after new shares get listed. For long term investors, I don't see price fluctuation as a problem.
--------------------------
rahulsk1947
is this reit worthy to buy at 0.805? dont want a scenario where, buy now, after dividend payout, the price crashes.. :(

Stock

2023-01-14 12:59 | Report Abuse

Subscribing to the IDRP is a no-brainer due to the 10% discount. It is like getting back the 10% tax that is deducted from the dividend.

Stock

2023-01-12 20:04 | Report Abuse

Subscribing to IDRP attracts no brokerage fee, no clearance fee, and discounted price... so why is buying from market better? You guys not thinking straight la. Haha.

Stock

2023-01-11 17:16 | Report Abuse

idunwork
Computer age already, the IDRP process should be paperless and no rm10 stem crap
>> I agree. Those in western countries already paperless.

Stock

2023-01-06 20:15 | Report Abuse

Personally, I rather it not go up anymore so that can get more units (this also means more future dividend) at lower price.

Stock

2023-01-06 20:14 | Report Abuse

It will be foolish to sell for capital gains when IDRP give us 10% after ex-div. This is the best way to automatically accumulate more at a consistent discount. This is not a stock to play for capital gains but for dividends/new discounted shares.

Stock

2022-12-10 19:53 | Report Abuse

Based on the latest Q3 results, Hektar's total distributable income as of 2022 Q3 is RM33.8m. Q4 is typically a strong quarter for retail and if Hektar achieves RM8m (which is conservative) distributable income, total for FY2022 will be RM41.8m. To avoid income tax, it will have to distribute at least 90%, that would mean at least RM37.6m. Deduct the RM12.7m that was already distributed, the remainder for Q4 is RM24.9m or 5.3 sen dividend per share. This means, total FY2022 dividend is 8 sen. At the last closing, gross DY is 11.7%. At 68 sen, it is 42% discount to its NTA. Even at 80 sen, gross DY is still a respectable 10%.

This would explain why the management proposed the IDRP at this opportune time and target to be approved by Q4 2022. It is a win-win situation for both Hektar and the shareholders. Hektar gets to keep the cash to increase cashflow and shareholders get to reinvest the dividends for new shares at 10% discount.

It is too cheap not to buy.

News & Blogs

2022-05-25 21:00 | Report Abuse

Thanks dragon328, that's what I thought and now your explanation makes more sense. You might want to consider amending your title.

News & Blogs

2022-05-25 12:17 | Report Abuse

If AEON goes ahead with the REIT, "Assuming AEON Bhd sold a 30-49% stake in an IPO of AEON REIT...", so how would AEON shareholders be getting free REIT shares? Wouldn't they need to subscribe to the IPO and pay for it since AEON is selling an x% stake in an IPO?

News & Blogs

2022-05-25 11:21 | Report Abuse

Thanks dragon328 for your efforts of sharing knowledge. It is really up to the reader to digest, analyze, and make own decision. I am still digesting your sharing. :-)

News & Blogs

2022-05-25 09:16 | Report Abuse

Any source for the following statement? As I know AEON has had this intention for the longest time but nothing materialized so far.
"....AEON will soon inject all its shopping malls into a new REIT listing..."

Stock

2021-01-29 12:38 | Report Abuse

@Ben, mind to copy and paste the article here. The link requires subscription. TQ.

Posted by Ben Tan > Jan 29, 2021 12:00 PM | Report Abuse

https://www.bloomberg.com/news/articles/2021-01-29/gamestop-mania-spre...

Stock

2021-01-13 18:37 | Report Abuse

DK, pls add me to the JAKS private chat group.

Stock

2020-03-05 16:15 | Report Abuse

DK66, no point explaining anymore. Your articles and OTB's already said it all. There will always be naysayers and suspicious characters. Let them be. You have done more than what you could.

Stock

2020-03-03 07:37 | Report Abuse

Ya lo otherwise entire JAKS mgmt go Hai Duong for what?

Stock

2020-02-28 09:18 | Report Abuse

OTB, would appreciate it if you could update us here after attending. TQVM.

---------
Posted by OTB > Feb 28, 2020 9:13 AM | Report Abuse

The management of Jaks will hold analyst briefing soon, I was informed that I will be invited to attend this briefing.
I think DK66 should attend this analyst briefing.
Thank you.

Stock

2020-02-26 08:38 | Report Abuse

Thanks DK66. Then 85MW can generated RM29.7m profit? Seems a bit high. Don't you think?

Stock

2020-02-26 08:12 | Report Abuse

DK66, do you know what's the meaning of "evacuate" in the following? Does it mean generate?

"During the period to 31 December 2019, Électricité du Laos (“EDL”) was able to evacuate only up to 85 MW of power while awaiting the completion of the new 500KV transmission line to
Cambodia."

Stock

2020-02-24 14:46 | Report Abuse

Resigned as PM only. Could be appointed as PM again if he commands majority of MPs for new coalition.

------
Posted by pjseow > Feb 24, 2020 2:43 PM | Report Abuse

Latest news . DR M.resigned, Bersatu quit harapan , Azmin and 10 others from quit PKR.

Stock

2020-02-24 14:08 | Report Abuse

Don't know how true...

Stock

2020-02-21 09:05 | Report Abuse

What's the implication of second coal shed fil-up?

-------
Posted by DK66 > Feb 21, 2020 8:54 AM | Report Abuse

If that is a new video clip, Hai Duong is starting to fill up the second coal shed.

Stock

2020-02-17 14:07 | Report Abuse

Thanks OTB. ALP replied your email? :)

Posted by OTB > Feb 17, 2020 1:15 PM | Report Abuse

I believe there is an analyst briefing after Q4 2019 result is announced in this month. The management of Jaks will arrange it this time.

All analysts and investment bankers will be updated on the progress of JHDP power plant in Vietnam.
We can get the actual news from the management, no more rely on newspaper news in Vietnam.

Let us wait for the big day to come.
Thank you.

Stock

2020-02-17 12:22 | Report Abuse

Since when power plant became a dam? :D

Posted by PN17player > Feb 17, 2020 11:47 AM | Report Abuse

they will give new tp soon with the dam nearly completion.

Stock

2020-02-14 10:33 | Report Abuse

@DK66, you can see it for yourself here (but not sure if you need an account to be able to view it). Pattern wise, it looks like a cup & handle formation (as already mentioned by OTB) which is a pattern for bullishness but sometimes one will see what one wants to see also :). Both SMA20 and SMA50 are trending upwards with JAKS price clearly above both lines, it means uptrend is intact. RSI is not overbought. MACD is neutral at the moment, i.e. is not bullish or bearish in the short term.

https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=4723&mode=W

Anyway, I always take TA on local stocks with a pinch of salt because many of the stocks in Bursa are too small and can be easily manipulated to "make" people believe or see a certain pattern. They can do it for daily charts but should be harder to do for longer term charts like weekly or monthly.

I agree with @steady31 that operators, proprietary trader, etc. are all out there with deep pockets to manipulate the price.


Posted by DK66 > Feb 14, 2020 10:11 AM | Report Abuse

Travestor, is Jaks' weekly chart bullish ?

Stock

2020-02-14 10:02 | Report Abuse

IMHO, TA like RSI and MACD for daily price chart may not be very reliable especially for a stock like this one. I suspect sometimes JAKS price is "manipulated". Maybe weekly price chart will be better.

Posted by ilovekl > Feb 14, 2020 9:56 AM | Report Abuse

Just to inform there is “short term” bearish divergence. I didn’t say can’t buy or panic sell

News & Blogs

2020-02-13 14:27 | Report Abuse

Fortune favours only the brave. Those easily swayed can continue to stay and watch but don't be sour grape la.

News & Blogs

2020-02-13 14:26 | Report Abuse

If I currently don't have any yet, I would choose 2 and make sure to follow through with cut-loss just in case. This way, downside limited but upside as per your imagination.

Stock

2020-02-13 07:05 | Report Abuse

DK66, and I'm not as good as LCW's son. Haha.

Stock

2020-02-12 18:44 | Report Abuse

DK66, looks like you're a fellow badminton kaki also. Perhaps next time we can meet for a game and discuss JAKS. :-D

Stock

2020-01-31 10:06 | Report Abuse

Some people are just easily swayed. Talked like a hero but ended zero.

Stock

2020-01-23 17:32 | Report Abuse

Looks like it's Dato Razali who converted wb to JAKS shares.

Stock

2020-01-23 11:18 | Report Abuse

If ALP exercise he would hv announced increased in stakes.

Stock

2020-01-22 19:16 | Report Abuse

@deMusangking, you crack me up everytime with your comment even though not new anymore LOL. Now that uptight fella need to loosen up too. Haha.

Stock

2020-01-21 21:24 | Report Abuse

Great news! Thanks DK66.

Stock

2020-01-19 22:41 | Report Abuse

latuk, I hv been ignoring lo. Anyway, I'm making a general stmt only. Not directing to you. No offense ya haha. You can also ignore my nonsense.

Stock

2020-01-19 20:32 | Report Abuse

This is a public forum so ppl can choose to talk sense or dung. If don't like just ignore lo. No point arguing. We r all here wishing to earn some money.

Stock

2019-10-21 11:48 | Report Abuse

Adoi can never understand why need to quarrel in forum. Be a man and do it face to face. Leave the rest of us out of your childish affairs.

Stock

2019-10-14 21:13 | Report Abuse

Nice video, pang72!

Stock

2019-10-10 20:51 | Report Abuse

Can't ppl here just stick with stock investment and stop measuring dicks?

Stock

2019-10-10 12:08 | Report Abuse

Looking at chart is important too to know when to buy a fundamentally sound stock but only if there is enough volume otherwise it is opened for manipulation for certain parties.

----------
Posted by DK66 > Oct 10, 2019 11:33 AM | Report Abuse

I never looked at chart, but many do.

Stock

2019-10-10 11:32 | Report Abuse

For a stock like JAKS it's really no use to look at charts because it is easily opened for manipulation. Hold for longer term is ok.

Stock

2019-10-06 09:37 | Report Abuse

Have a great birthday and bless your heart DK66.

Stock

2019-10-04 08:14 | Report Abuse

Amazing article DK66. I would say one of the best to date. Let's hope we huat2 together by 2020 :-)

Stock

2019-09-27 08:56 | Report Abuse

Nothing beats having CEO/major shareholder's interest aligned with minorities.

Stock