SELANGOR DREDGING BHD

KLSE (MYR): SDRED (2224)

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Last Price

0.62

Today's Change

+0.005 (0.81%)

Day's Change

0.62 - 0.62

Trading Volume

20,000


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366 comment(s). Last comment by thesteward 1 day ago

Terry Kok

19 posts

Posted by Terry Kok > 2017-10-03 15:40 | Report Abuse

company target to launch 1.45 b project in year 2018. 900 million in singapore and 600 million in malaysia, management more confident in singapore market for this moment.

Terry Kok

19 posts

Posted by Terry Kok > 2017-10-03 15:42 | Report Abuse

someone question in AGM why company give so much dividend after dispose the property because it is hard to get loan from bank at this moment, company should reserve more money in company, but management say they wanna share their success with shareholder, and make shareholders happy is their responsibility.

Terry Kok

19 posts

Posted by Terry Kok > 2017-10-03 15:44 | Report Abuse

company belief the disposal of the property at this moment is a good choice, first to unlock the value, and they are more confident to grow better in property development sector.

Terry Kok

19 posts

Posted by Terry Kok > 2017-10-03 16:54 | Report Abuse

hotel MAYA put on sell last 2 years. company waiting good buyer as well, i belief management will proceed it fast as they wanna focus on their core business, the hotel worth 230 millions!

chankp7010

614 posts

Posted by chankp7010 > 2017-12-11 10:30 | Report Abuse

According to the filing to Bursa, Selangor Dredging Berhad completed its sale of Selangor Dredging Building in Jalan Ampang, KL. Logically, the Board of Directors should expedite the special payment of dividend for loyal shareholders. Why is it not been done? Teh Lep Kim can only provide us the answer!

Terry Kok

19 posts

Posted by Terry Kok > 2017-12-11 14:43 | Report Abuse

the circular mentioned special dividend will release within 2 mnths after the deal completed. so i think will announce soon, and might get it in jan 2018

Rica7894

165 posts

Posted by Rica7894 > 2017-12-18 13:50 | Report Abuse

Is a Special Dividend (around 19 sen per share) Boost Around the Corner for Selangor Dreging Bhd?

horison

60 posts

Posted by horison > 2017-12-20 10:49 | Report Abuse

when is the dividend!!

chankp7010

614 posts

Posted by chankp7010 > 2017-12-21 12:10 | Report Abuse

No news so far for the special dividend for shareholders of Sdred. I believe it is forthcoming along with the release of its QR in February 2018

horison

60 posts

Posted by horison > 2017-12-27 10:25 | Report Abuse

whats happening? why up

Terry Kok

19 posts

Posted by Terry Kok > 2018-01-02 15:11 | Report Abuse

management announced, once the deal is completed, the special dividend will release within 2 months. so the deal was completed at dec, so most probably the special dividend will on feb

horison

60 posts

Posted by horison > 2018-01-02 16:19 | Report Abuse

awesome

Posted by chewysoon82 > 2018-01-03 18:15 | Report Abuse

19 sen div anounnced, ex date 16 jan

Terry Kok

19 posts

Posted by Terry Kok > 2018-01-03 18:17 | Report Abuse

finally!!!!!!!!!!!!!!

Rica7894

165 posts

Posted by Rica7894 > 2018-01-03 18:45 | Report Abuse

Will Special Dividend ( 19 sen per share) Boost Around the Corner for Selangor Dreging Bhd?

Rica7894

165 posts

Posted by Rica7894 > 2018-01-03 18:47 | Report Abuse

EX-date :16 Jan 2018
Entitlement date: 18 Jan 2018
Entitlement time 04:00 PM
Entitlement subject: Special Dividend
Entitlement description:. Special Dividend of 19 sen

kennyku

494 posts

Posted by kennyku > 2018-01-03 21:13 | Report Abuse

Is this company strong?

Guardize

216 posts

Posted by Guardize > 2018-01-03 21:48 | Report Abuse

stick tight tmr. 19c too good to be grab

vivabursa

594 posts

Posted by vivabursa > 2018-01-04 08:53 | Report Abuse

after paying dividend share price can sustain or drop below RM1?

kangaro

13 posts

Posted by kangaro > 2018-01-04 09:27 | Report Abuse

Share price increase today after the special dividend announcement.

Savusavu

164 posts

Posted by Savusavu > 2018-01-04 14:04 | Report Abuse

Wow too good to be true lleh....lppl type of div??

Savusavu

164 posts

Posted by Savusavu > 2018-01-04 14:05 | Report Abuse

You pay your own div. Kahkahkah

Terry Kok

19 posts

Posted by Terry Kok > 2018-01-04 14:13 | Report Abuse

let's look at the fundamental, the market capital of the company only 494m, dispose one wisma selangor dredging already get 480m! the company still having one hotel maya, and lands. the company purchase 2 premium land in singapore and plan to launch within this year. But property sector still weak, SDRED for long term investment only.

horison

60 posts

Posted by horison > 2018-01-04 16:18 | Report Abuse

eh, why up only a bit.. the special dividend is damn alot right? or still boiling?

Posted by Embrace Belief > 2018-01-04 17:03 | Report Abuse

I had entered @1.17...hehe

paulwee

2 posts

Posted by paulwee > 2018-01-04 17:35 | Report Abuse

Exactly.. if you buy in at RM1.17, your yield will be 16% for 1 month of investment!

Fundamentally, net asset is RM2.15 per share after accounting disposal net gains and dividend payment . So SDRED is effectively trading at 45% discount to its net asset value. Whilst it is common for property companies to trade below net asset, 45% seems steep for a good counter with low net gearing (0.13x).

Say if it trades at 30% below net asset, it still should be valued at around RM1.50. Even if you buy at 1.50 today, the one off dividend yield is still 12.6%. Very compelling.

apolloang

18,163 posts

Posted by apolloang > 2018-01-04 17:44 | Report Abuse

only 1 year only div,next year no more 19%

kahsoon888

711 posts

Posted by kahsoon888 > 2018-01-04 17:55 | Report Abuse

I also surprised up a bit. With 19 cents as dividend, even u buy at 1.50 , ur return still got 12 %. Put FD in one years max also 4.2%, this one buy now and wait another 2 week can get more than a 10% return.

Posted by Equityengineer > 2018-01-04 18:04 | Report Abuse

If they manage to sell hotel maya , would get div next year also. They want to be property developer

kahsoon888

711 posts

Posted by kahsoon888 > 2018-01-04 18:07 | Report Abuse

Can grab more tmr if still below 1.2. believe the price will shoot up in next week

fkser

622 posts

Posted by fkser > 2018-01-04 19:37 | Report Abuse

why give many money

Posted by Equityengineer > 2018-01-04 20:16 | Report Abuse

Yes, there could be surge of price...

kahsoon888

711 posts

Posted by kahsoon888 > 2018-01-04 20:25 | Report Abuse

Tmr buy buy buy

Posted by Embrace Belief > 2018-01-05 12:45 | Report Abuse

Yeah, please dump more let me collect tothe get special dividend.hehe

pushparaj

205 posts

Posted by pushparaj > 2018-01-07 19:16 | Report Abuse

kimao123, You should keep till 5 pm, on the 15th of Jan 2018. You can sell on the 16th for the entitlement of 0.19 cent.

imza99

28 posts

Posted by imza99 > 2018-01-11 09:17 | Report Abuse

Will not the price will b adjusted accordingly after EX date? meaning droppimg 19 cent.anyone advice pls

Posted by Embrace Belief > 2018-01-11 10:27 | Report Abuse

Yes, will drop 19c autimatically on 16th january

horison

60 posts

Posted by horison > 2018-01-11 11:01 | Report Abuse

oo how does that work?
when the dividend is announce the rise is not up to 19c, but after ex date, it will auto drop by 19c?

newbie5354

544 posts

Posted by newbie5354 > 2018-01-13 20:19 | Report Abuse

sifus why DPS>EPS?

newbie5354

544 posts

Posted by newbie5354 > 2018-01-13 20:20 | Report Abuse

Like Texchem?

Posted by apolloang > Jan 4, 2018 05:44 PM | Report Abuse
only 1 year only div,next year no more 19%

newbie5354

544 posts

Posted by newbie5354 > 2018-01-13 20:21 | Report Abuse

Why must buyer buy if not good?

Posted by Equityengineer > Jan 4, 2018 06:04 PM | Report Abuse
If they manage to sell hotel maya , would get div next year also. They want to be property developer

Posted by Equityengineer > 2018-01-14 12:14 | Report Abuse

They want to focus property development .. so it Would be better to sell to Reit

Posted by Embrace Belief > 2018-01-14 18:02 | Report Abuse

For those ticket holder, tml this counter may have small soaring. Own decision whether u wan 19c special dividend or sell it for small soaring price earn.

horison

60 posts

Posted by horison > 2018-01-15 10:18 | Report Abuse

lol why up down like this

kangaro

13 posts

Posted by kangaro > 2018-01-16 09:05 | Report Abuse

Time to buy

Posted by Embrace Belief > 2018-01-16 10:45 | Report Abuse

I tot what happen suddenly panicsay dumping...lolz. sdred at least maintain earning for many years without loss, NTA up to rm2 per share... I reli dunno this panic sell is what kind of mindset. For me at least sell around 0.99-1 is reasonable.

DamienCYH

86 posts

Posted by DamienCYH > 2018-01-16 10:59 | Report Abuse

@Embrace Belief, it's good for long term investor collect from lower. Lol

horison

60 posts

Posted by horison > 2018-01-16 11:23 | Report Abuse

someone push down price?
i dont understand the sell

horison

60 posts

Posted by horison > 2018-01-16 11:25 | Report Abuse

why today so many red? what happening?

horison

60 posts

Posted by horison > 2018-01-16 11:29 | Report Abuse

will there be another 0.19 c auto drop this afternoon?

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