Posted by 1248233605225356 > 2019-01-22 11:25 | Report Abuse

Thank you

Posted by Atlan > 2019-01-22 13:30 | Report Abuse

All approved

Posted by GL Lim > 2019-01-22 18:51 | Report Abuse

Really or not?no announcement?

Posted by 1248233605225356 > 2019-01-23 15:05 | Report Abuse

why still drop?

Posted by SALAM > 2019-01-23 17:39 | Report Abuse

Land not sold yet, money not in yet, only S&P signed, how can they jump the gun to annouce distribution arr..........Nanti tak jadi jual, malu la......

Posted by Ghajendra Naidu > 2019-01-24 10:35 | Report Abuse

salam x jadi ke

Posted by SALAM > 2019-01-24 18:47 | Report Abuse

Anyone attended the EGM in TA and raised the question of SD ??

Posted by Lilian Loo > 2019-01-25 10:58 | Report Abuse

hopefully will declare some dividend

Posted by glen1980 > 2019-01-25 16:03 | Report Abuse

Kedekut betul company Ini...

Posted by Atlan > 2019-01-29 17:41 | Report Abuse

Patient....

Posted by Lilian Loo > 2019-02-20 11:50 | Report Abuse

any news for special dividends?

Posted by Atlan > 2019-02-20 17:11 | Report Abuse

Now is closer to sales completion of the land. Means gap up will occur soon.

Posted by bishibashi > 2019-02-20 17:15 | Report Abuse

buy and hope for the best

Posted by Lilian Loo > 2019-02-20 17:40 | Report Abuse

Thank you

Posted by Birdbird31 > 2019-02-20 17:51 | Report Abuse

maybe itll fly high high

Posted by Lilian Loo > 2019-02-27 15:28 | Report Abuse

no news is good news

Posted by Atlan > 2019-02-27 23:32 | Report Abuse

Up when market bad.

Posted by Lilian Loo > 2019-03-26 16:38 | Report Abuse

STILL NO NEWS FOR SPECIAL DIVIDEND?

Posted by Ex7121 > 2019-04-03 18:48 | Report Abuse

news about maid abuse?

Posted by apolloang > 2019-04-12 10:35 | Report Abuse

maid abuser and this...….https://sg.news.yahoo.com/businessman-kenneth-eswaran-accused-taking-100019656.html

Posted by SHUECHABOO > 2019-04-17 13:03 | Report Abuse

If special dividend payments was 30 sen per share, we all HUAT...if 40 sen per share we all HUAT HUAT... if 50 sen per share we all ...HENG ONG HUAT ah!

Posted by traderalexooi > 2019-04-17 15:12 | Report Abuse

sure this land deal can be done? after so long already not even any consent approval is obtained. really doubt this can go through. these palm trees are old enough to bear any more fruits

Posted by Atlan > 2019-04-17 17:04 | Report Abuse

Sure go thru. Tomorrow may limit up

Posted by Atlan > 2019-04-17 17:05 | Report Abuse

Easy to control the share price

Posted by SHUECHABOO > 2019-04-19 11:45 | Report Abuse

The Big Boss of this company is very generous. He willl propose high dividend provision. The value of the company is also very high. The present value of 50,000 acres of lands in Indonesia between RM5k -RM7k which equals RM250m-RM350m (RM168-RM235 per share). In addition the company has net cash of RM1/share.

Posted by SHUECHABOO > 2019-04-19 13:26 | Report Abuse

50,000 ACRES @ RM5K = RM250m =RM1.68 PER SHARE.

Posted by Alipapapa > 2019-04-23 09:37 | Report Abuse

Pinepac going to declare special dividend 30sen per share ?

Posted by Jackytan8 > 2019-04-23 09:49 | Report Abuse

30sen meh ? what i know is 50sen special dividend wow.

Posted by yong1985cm > 2019-04-23 14:42 | Report Abuse

why the share shoot up recently?

Posted by Jackytan8 > 2019-04-23 15:32 | Report Abuse

Pinepac expect to announce special dividend. Market expect the rate between 30sen-50sen.

Posted by Jackytan8 > 2019-04-23 15:35 | Report Abuse

Pinepac is cash rich company after selling its plantation. Net cash per share is RM1.00. So market expect a special dividend soon.

Posted by traderalexooi > 2019-04-23 15:52 | Report Abuse

this deal will call off. consent not yet obtained. if have consent would have announce earlier. dont catch a falling knife without proper announcement

Posted by daytraders > 2019-04-23 16:10 | Report Abuse

big breakout coming.. U thought United Plantation play play? They got big plans with the land purchase from Pinepac.

Posted by traderalexooi > 2019-04-23 16:19 | Report Abuse

the trees are old enough. not bearing much fruits. need high cost to clear and replant by united. why they buy this land for development? UP is plantation business. why they buy this land? it could be helping pinepac back door refinancing its indonesia plantation

Posted by yong1985cm > 2019-04-23 16:33 | Report Abuse

cannot be UP backdoor helping pinepac, looks at the circular announced last EGM, the value of the land sold is market value, and close to historical transacted value. mean this is fair price for these land and trees (eventhough old).

and on the dividend, already mentioned in the circular that no dividend will be paid out of the proceed, unless Pinehill have their own fund to pay for dividend. or else, dun see why there is any special dividend. (the proceed is RM400mil, 150mil go to banker, 150mil go to supplier)

Posted by Jackytan8 > 2019-04-23 16:39 | Report Abuse

Should have special dividend ma, since got so much cash.

Posted by traderalexooi > 2019-04-23 16:43 | Report Abuse

thats almost RM46k per acre price. very expensive for a land with old trees. maybe UP wants the land as their utimate purpose for development or replanting. no dividend as mentioned in the circular. so why are people buying this counter for? this SPA will be extended as already expired 8 months duration

Posted by traderalexooi > 2019-04-23 16:45 | Report Abuse

if SPA not extended by UP then it will expired and Pine will have to refund all the deposit paid by UP earlier. then is very bad

Posted by Jackytan8 > 2019-04-23 16:48 | Report Abuse

When the SPA will expire ?

Posted by traderalexooi > 2019-04-23 17:20 | Report Abuse

already expired on 21 April 2019 total 8 months from SPA date

Posted by Atlan > 2019-04-23 21:15 | Report Abuse

Tomorrow sure up. No worries. Don't pour cold water if u don't have any of the share. Join us on the ride to at least 50 sen.

Posted by daytraders > 2019-04-23 23:17 | Report Abuse

I prepare to trade this tomorrow.

Posted by minigiant > 2019-04-24 02:19 | Report Abuse

If you read United Plantation quarterly report which was out last night, they did mention that the purchase of land is going ahead, pending for government approval. I cannot see why the government will disapprove this purchase.

Posted by birkincollector > 2019-04-24 06:34 | Report Abuse

Yes. Pending government approval only

Posted by daytraders > 2019-04-24 12:19 | Report Abuse

Time for rebound.

Posted by Atlan > 2019-04-24 13:29 | Report Abuse

Chance to buy cheap

Posted by yong1985cm > 2019-04-24 15:59 | Report Abuse

alexooi, the SPA signed on 21/9/18, 8months from SPA date will be 20/5/19..not lapse yet.

Posted by traderalexooi > 2019-04-25 00:55 | Report Abuse

if consent is obtained and approved what do we have in return for this stock from the proceed of this land sale. No dividend will be given as mentioned in circular. i have few hundred lots this stock. Trading with NTA value ?

Posted by yong1985cm > 2019-04-26 12:01 | Report Abuse

ya basically we cannot do anything if ther is no dividend, like Malaysian Bulk Carriers Berhad, the disposed off major investment recently got huge proceed, but no distribution to share holder too.

so the same will be for Pinepac, unless the management change their mind. but not so easy, bcz the proceed must be utilised as per the circular.

we can just hope for with the proceed, the Company can turn around to make profit with its Indonesia estate. and hence bring up the share price.

Posted by Atlan > 2019-04-26 17:21 | Report Abuse

Who knows if UP may take over it?