ECM LIBRA GROUP BERHAD

KLSE (MYR): ECM (2143)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.20

Today's Change

+0.02 (11.11%)

Day's Change

0.17 - 0.20

Trading Volume

110,000


4 people like this.

1,137 comment(s). Last comment by raymondroy 2024-08-25 18:43

nubhan

892 posts

Posted by nubhan > 2012-06-08 15:13 | Report Abuse

better halt and suspension today because i sapu a lot today. hihi

messiBarca

598 posts

Posted by messiBarca > 2012-06-08 15:17 | Report Abuse

how come drop if take over rm1.1, news out already?

chong

3,074 posts

Posted by chong > 2012-06-08 15:21 | Report Abuse

Ministry of Finance had given the ok for Kenanga & ECM to make the announcement & the pricing too...it's in the news. Why drop? I had just given you a rough idea a while ago.

nubhan

892 posts

Posted by nubhan > 2012-06-08 15:22 | Report Abuse

patience is virtue.

andyteng

457 posts

Posted by andyteng > 2012-06-08 19:18 | Report Abuse

drop 3 cent....regret no sell @ 0.82

JimYeoh

1,514 posts

Posted by JimYeoh > 2012-06-08 19:48 | Report Abuse

just wait for next week..

andyteng

457 posts

Posted by andyteng > 2012-06-08 20:14 | Report Abuse

Jimyeoh u seem very confident on this stock...

chong

3,074 posts

Posted by chong > 2012-06-08 22:19 | Report Abuse

Brother andyteng , don't worry to much & there's no need to regret as you will get your reward soon. In fact I kept on buying & buying knowing fully well the amount Kenanga is going to pay.

Cheers.

teysh

28 posts

Posted by teysh > 2012-06-09 12:00 | Report Abuse

Bought this counter sometime ago , cant wait to sell if price is right

jtpc2006

984 posts

Posted by jtpc2006 > 2012-06-11 07:00 | Report Abuse

ECM bumper dividend, the Edge News Alert dd 11/6/12, anyone know how much?

spinninglotus

5,417 posts

Posted by spinninglotus > 2012-06-11 12:52 | Report Abuse

60cents bumper dividend

JimYeoh

1,514 posts

Posted by JimYeoh > 2012-06-11 13:04 | Report Abuse

already in the announcement in bursa?

messiBarca

598 posts

Posted by messiBarca > 2012-06-11 13:17 | Report Abuse

60c bumper dividen, what u mean?

hw0706

834 posts

Posted by hw0706 > 2012-06-11 13:26 | Report Abuse

Shareholders of ECM Libra Financial Group Bhd <ECMA.KL>

could be in for a bumper dividend after the group's

$890 mln (890 million ringgit) disposal of its investment

banking and securities business to K&N Kenanga Holdings Bhd

<KNNK.KL>.

According to financial executive close to the situation,

ECM Libra is expected to distribute the cash proceeds from

the divestment to existing shareholders in the form of a

special dividend of at least 60 sen per share.

astrowoon

87 posts

Posted by astrowoon > 2012-06-11 14:00 | Report Abuse

Am I right 60 cents per share is equivalent to a 75% dividend yield!?

tcleng

446 posts

Posted by tcleng > 2012-06-11 14:16 | Report Abuse

r u sure? how are so confirm on this special dividend?

astrowoon

87 posts

Posted by astrowoon > 2012-06-11 16:22 | Report Abuse

ecm is coming!

chong

3,074 posts

Posted by chong > 2012-06-11 16:24 | Report Abuse

Money come....yahoooooooooo

messiBarca

598 posts

Posted by messiBarca > 2012-06-11 16:26 | Report Abuse

chong, flying//will suspend today?

chong

3,074 posts

Posted by chong > 2012-06-11 16:29 | Report Abuse

Hope so brother messiBarca ...if suspend today that means you will know of the real price for ECM takeover.

chong

3,074 posts

Posted by chong > 2012-06-11 16:37 | Report Abuse

Today close at 85 cents?

Posted by lam622622622 > 2012-06-11 17:01 | Report Abuse

By looking the trend tomorrow should go more than that. cheersssssssssssss!

chong

3,074 posts

Posted by chong > 2012-06-11 17:04 | Report Abuse

maybe tomorrow at 90 cents?...hee, hee,, hee

Posted by lam622622622 > 2012-06-11 17:13 | Report Abuse

To all ECM members : ECM will give you HARI RAYA GIFT .yahoooooooo!

messiBarca

598 posts

Posted by messiBarca > 2012-06-11 17:17 | Report Abuse

Puasa angpau

investor77

813 posts

Posted by investor77 > 2012-06-11 17:18 | Report Abuse

Still got momentum to go higher. Hopefully can go higher tomorrow.

Have to thank Bro Chong, for his instinct and reco on this share.!

astrowoon

87 posts

Posted by astrowoon > 2012-06-11 17:18 | Report Abuse

Has the special dividend been officially announced?

JimYeoh

1,514 posts

Posted by JimYeoh > 2012-06-11 17:29 | Report Abuse

thanks to bro chong..

tansrihew

191 posts

Posted by tansrihew > 2012-06-11 19:53 | Report Abuse

Bro Chong. Thanks for the all updates on ECM. Abalone coming soon.

nubhan

892 posts

Posted by nubhan > 2012-06-11 21:16 | Report Abuse

tomorrow might be suspension. 84 cent + 60 cent = ?? is this how we calculate?

Posted by cashmeUp768 > 2012-06-11 23:11 | Report Abuse

are we eligible for the dividend if we purchase now? when will the entitlement take place? thnks

nubhan

892 posts

Posted by nubhan > 2012-06-11 23:30 | Report Abuse

we need to know when is the ex-date. Anyone?

nubhan

892 posts

Posted by nubhan > 2012-06-11 23:43 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=E&securityCode=2143

People who bought before 20th May got much higher chance to get dividend. People bought on June, historically your chance is 40% only.

nubhan

892 posts

Posted by nubhan > 2012-06-12 09:26 | Report Abuse

already exit this counter this morning. I don't like it when too much hype and positive news in the media. Good luck to all u guys.

usry

1,202 posts

Posted by usry > 2012-06-12 09:28 | Report Abuse

i also take same action with Bro nubhan.. Buy on rumors sell on news..

chong

3,074 posts

Posted by chong > 2012-06-12 09:46 | Report Abuse

Today in The Star, anytime this week they will announce the merger price ....according to most sources it's at $110 to $1.20, so there's still about 30 cents profit margin.

nubhan

892 posts

Posted by nubhan > 2012-06-12 10:13 | Report Abuse

if merger price 70 cents ?

chong

3,074 posts

Posted by chong > 2012-06-12 10:15 | Report Abuse

No brother nubhan , you are wrong..it's between $1.10 to $1.20

grss

90 posts

Posted by grss > 2012-06-12 10:50 | Report Abuse

Gonna wait til the annoucement completed. This deal may go both ways. In the case of OSK n Kurasia, minority shareholders did not receive goodies. But on the other hand, cash from the deal may be distributed to reward shareholders too. That's why will wait for announcement what ECM plan to do with the cash.

messiBarca

598 posts

Posted by messiBarca > 2012-06-12 10:59 | Report Abuse

how come official news not out and price is not move up since TP 1.1

chong

3,074 posts

Posted by chong > 2012-06-12 11:07 | Report Abuse

Brother messiBarca , just buy & wait lah as people are still not sure about the merger price of ECM shares but from my sources it definitely not less than 60 cents cash, 16% of it in Kenanga shares & the rest in loan stocks. As people are still not too sure about the price, they prefer to wait & see but if the announcement says that it's $1.10 to $1.20, then they chase like a mad dog, hee, hee, hee

So anytime this week they are going to make the announcement.

nubhan

892 posts

Posted by nubhan > 2012-06-12 11:10 | Report Abuse

if merger price is 1.10 to 1.2, better i buy Kenanga. More profit margin, right?

chong

3,074 posts

Posted by chong > 2012-06-12 11:15 | Report Abuse

How much profit margin can you get from Kenanga shares?

aunloke

974 posts

Posted by aunloke > 2012-06-12 11:18 | Report Abuse

With the volume yesterday and the increase in price to only 84 sen shows that the deal cannot be very fantastic , however a small gain from the deal is still possible .

hw0706

834 posts

Posted by hw0706 > 2012-06-12 11:21 | Report Abuse

Do you think Tan Sri Azman willing to sell at cheap price.

nubhan

892 posts

Posted by nubhan > 2012-06-12 11:21 | Report Abuse

chart wise, Kenanga's chart looks more appealing.

chong

3,074 posts

Posted by chong > 2012-06-12 11:53 | Report Abuse

Yes, hw0706 , you are 100% correct as Tan Sri Azman of Amabnk will not sell cheap, that's for sure...it is going to be between $1.10 to $1.20 cents.

Posted by lam622622622 > 2012-06-12 11:54 | Report Abuse

Bro.don't worry drop 1/2 sen only effected by Dow jones market.Those who sold ECM will regret later.

Post a Comment
Market Buzz