Posted by calvintaneng > 2020-09-30 08:37 | Report Abuse

WHY IS DIVIDEND IMPORTANT? From Dr Neoh Soon Kean's STOCK MARKET INVESTMENT, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-09-24-story-h1514272489-WHY_IS_DIVIDEND_IMPORTANT_From_Dr_Neoh_Soon_Kean_s_STOCK_MARKET_INVESTM.jsp

Posted by warrenG > 2020-09-30 11:17 | Report Abuse

I dont see any mention about 18cents dividend in the announcement...

Posted by calvintaneng > 2020-09-30 12:17 | Report Abuse

WarrenG

Go to Naim Bursa Website

Click on announcement

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3089313

Then search deeper click on open the detail content

See

Utilisation of proceeds

2.5

See
Under Note b

Dividends to shareholders (b) Rm90,000,000

Do you see the figure Rm90 MILLIONS DESIGNATED AS DIVIDENDS TO SHARE HOLDERS

Rm90 MILLIONS = 18 SEN PER SHARE

Still want to know how I calculate and arrived at 18 sen per share?

Posted by Sslee > 2020-09-30 12:23 | Report Abuse

Dear Calvintaneng,
For your information:
https://klse.i3investor.com/blogs/Sslee_blog/2020-09-30-story-h1514383998-Forewarn_to_be_forearmed_my_fellow_i3_bloggers.jsp

Posted by calvintaneng > 2020-09-30 13:56 | Report Abuse

Tyvm SSLee

I will post disclaimer as per what you said

Posted by TheContrarian > 2020-09-30 15:16 | Report Abuse

Thanks to Calvin I bought at 74.5 sen on Monday.

Posted by apolloang > 2020-09-30 15:19 | Report Abuse

I bought at 0.77 and 0.80 today

Posted by amateurJR > 2020-09-30 16:44 | Report Abuse

Another limit up buy call by calvin again? Many parties including big sharks and ikan bilis really interested in your stock pick

Posted by greedy44444 > 2020-09-30 18:49 | Report Abuse

Greedy ikan bilis never learned...70 cents coming. Save your hard-earned money !

Posted by calvintaneng > 2020-09-30 19:59 | Report Abuse

70 sen coming?

Naim is selling 2 pieces of industrial lands to Sarawak Economic Corp for Rm340 millions cash

That is already 68 sen pure cash

Of this amount Naim is setting aside 18 sen to reward shareholders

So Naim still got extra 50 sen for building affordable high tech single storey houses for sale at Rm300k each

The cost of building one storey house is about Rm70k to Rm80k

Naim has its own lands with book value only Rm4 psf

So total cost is only Rm100k and selling at Rm300k will make Rm200k per house

That means that the 18 sen dividend is not a one off. Can expect more dividends to come

So learn to see value

And Naim has so many more pieces of industrial lands as well as housing lands

Any time Naim decides to sell them Naim can unlock further value

Then Naim is also Top holder of Dayang and Perdana

Naim is a wonderful company selling at attractive prices

Can you find a better dividend stock than Naim ?

Posted by Up_again > 2020-09-30 21:11 | Report Abuse

Naim-80 cents
Market cap - 410 mil
Cash in hand 180 mil 340 mil land sales for Sarawak petroleum hub
Owns 26% of Dayang and 10% of Perdana worth 350 mil

Basically Getting NaIm’s property business, land in Kuching and shopping malls for free

Dividend 18 cents this year

Posted by calvintaneng > 2020-09-30 23:30 | Report Abuse

More than that

Naim's assets are located in the last frontier of growth in the wild wild East of Malaysia with best potential for upside growth.

USA has its wild wild West after the Pilgrim Fathers settled in Eastern USA

Before there was Kl - Klang Federal Highway it took the very first car to travel one whole day from Kl to Klang

Today with the ease of the Federal Highway it takes only one hour to drive from Kl to Port Klang

Whole stretch of PJ, Subang, Shah Alam and Klang now fully built up

So is the North South highway that made travel from Padang Besar to Johor 2nd Link a breeze

All the cities and towns along NS Highway now boom and boom

Sarawak will now grow like never before with the advent of the Great Pan Borneo Highway

And Naim with all its strategic landbanks all along the Highway will benefit the mostest

Naim is in a land free from tornadoes, earthquake or tsunami. In the south Indonesia is also building its new capital in Kalimantan

So exciting times is coming for Naim

Naim is a best kept secret value stock

Posted by apolloang > 2020-09-30 23:40 | Report Abuse

tan sri calvin u must tell uncle koon to sell all his glove stocks and buy naim….hehe

Posted by calvintaneng > 2020-10-01 08:26 |

Post removed.Why?

Posted by calvintaneng > 2020-10-01 09:25 | Report Abuse

The best investment is not found when stocks are hot and popular because prices are no longer cheap

The best buys are those still overlooked, unloved, under reported and not yet in the radar of analysts

Naim is one of these hidden gems

Posted by enigmatic [control your emotions, discipline your mind] > 2020-10-01 16:04 | Report Abuse

See this before buying calvintan's recommendation https://klse.i3investor.com/servlets/pfs/131750.jsp

Posted by calvintaneng > 2020-10-01 16:04 | Report Abuse

Price is what you pay and value is what you get

Value will eventually dictate prices not prices dictate value

People who bided up Dayang over Rm3.00 have overpaid as Dayang now returns back to its true value below Rm1.50

Conversely, people buying Naim at 80 sen is getting a lot of value yet to be reflected in its share price

Naim sale of lands

68 sen

Naim total cash position in dayang if dayang is sold off

52 sen

Just selling these 2 pieces of lands and dayang shares alone

68 sen + 52 sen = Rm1.20

Naim at 80 sen is only 2/3 of cash

All the rest of condo , shopping malls, shares in Perdana, other industrial lands, construction business, ppe are all Free

This is how undervalue Naim is

Over the short term the share market is a voting machine but over longer term the stock market turns into a weighing machine

Posted by CCCL > 2020-10-01 19:16 | Report Abuse

Longer term the stock market is a weighing machine. Precisely correct. Imagine if Uncle Koon the 2nd largest shareholder in Supermx since 2009. Now how much his net worth? Unfortunately not.