This company is going to announce the Qtr result by end of this month. Potential another 2 sen dividend. Thus who bought into this company this year, can get 4sen, > 10 % dividend yield.
Sure huat !! why ? Because the previous 2 sen dividend is "special dividend". It is obvious that it was the sweetener for the Rights Issue ! Now, major shareholder has mooked up most of the shares. time to declare another "usual" 2 sen dividend to reward THEMSELVES ! haha.......we may not as rich as them, but following from behind may soon be closer to them...
Moreover, its adjusted (after rights issue) net cash per share is 26 sen ! Howe can it not afford a 2 sen dividend ? Its NTA also stood at RM34 sen ! Anything drop below 26 sen is just a BUY without question. You are buying something for less than 26sen in exchange with cash of 26 sen ! (Assume it is not like Enron or Xiang Leng ...haha). Easily toward 30 sen !! With annual dividend of 2 sen, yield is 6.7% (now is 7.4% based on 27sen closing)
Now no more rights issue to bother investors, L&G's share price should move up slowly to at least 30 to 32 sen or equivalent to 44.4 to 49.6 sen pre rights issue price.
WHY ? coz is totally under value , its ASSET is even show it worth 0.65 above , its strength show it infinity full force , it is future is even great , NEW ERA to ALIEN SPACE , too complicated to indicated , short brief , OUT EXPLORE to NEW ERA MODERN WORLD BUSINESS .
NOT I TRY TO SCARE YOU , DATO FAMILY throw in TRILLION on it , how not to BREAK ROOF TOP , is EVEN POWERFUL then NORTH KOREAN nuclear bomb , once exploit , WHOLE SURFACE atmosphere damaged half for the changed , i believe on this miracle happen .
Brilliant tips , with hng33 , cherry88 , celvin taneng around this forum , poison ticket to scroll ENTRANT DRAGON DOOR , AWAKE THE DRAGON HEAD to PERFORM .kikiki
ADD ,another TWO GIANT VIP , once is CHARITY KING , MR LIM , and Construction pioneer , DATO YAP , create extra firecracker on it , WIND CLOUD recovery phenomena , CENTURY BURST is guarantee appear .
1) From the whole exercise, mayland is increasing it holding all the time now through excess application and hitting 33.9% now.. 2) Fundamentally, this stock is so deeply undevalued with almost zero gearing and net cash position. All of the land injected by mayland is situated in klang valley with great potential.. In addition, u can see that there are big investors accumulating the shares since the stock hit low at 0.25 month ago.. It is time to buy at this low price now...
OF COURSE , the most important issue of this stock is TRANSPARENT , i like the most , if you are MATH expert , sure you will fully joint in , in all aspect , this stock is totally under and under value .kikiki
GOD BLESSING for those consistent pray hard and do donation to the poor people , EARN from society , return too to society , cycle the harmony to earth , it will make it in the last .
I strong believe , MONDAY BIG TSUNAMI LANDED in this stock , will make it , global external off shore financial institution highly focus on , fund will landed on , on the spot , flooded the existing , chasing will crowded also , break record high one day transacting expected .
I had some romance with L&G. Started to have this counter in d radar since knowing the m management. But the shares went up up up till I missed the opportunity. Then it went U-turn and I accumulated, patiently waited for it to inch up weekly to finally make some profits. For dividend shares like this, I normally sell enough to recover capital, the rest I leave it and consider as "free shares"
The counter continued to go up and when it came down again, I again accumulated to eventually generated some "free shares" again. The recent corporate exercise drove the price down and I accumulated again, after seeking clarification from the management. With the rights and excess rights plus my holdings and "free shares", now I ended up with quite a bit of shares.
Special dividend is definitely a slurppy.. if there is an annual dividend even more slurrrppps... Awaiting the price to go up again for me to sell and have a huge block of free shares to gain dividend yearly.
No turning back, management is great, has great plans and moving forward. More land bank now, more development more revenue more slurps for investors. Not a pray pray counter and no play play.. staying grounded with L&G
I have a few questions to ask sifus here.. 1. Excess rights purchase price balance - when will the company return to us? 2. Ex-date is today but entitlement date on Wednesday, does this mean if we buy today and tomorrow we are still entitled to the 2 sen special dividend?
hng33... u satisfy with the good return .. taking profit... In fact, i see this stock still has very good upside.. Worth holding.. Anyway, good for u.. money in the pocket... Congra!!!! Well done...
THANK YOU the panic investor , i managed to get cheap chips at 0.25 , 3000 lot , actually syndicate just try to get fear you , they like me , swallow cheap chips , kikiki
i not intention to cheat , i promised will return back society , let it recycle , harmony the society , don't worry too much , it still very positive move .
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
notebook
427 posts
Posted by notebook > 2017-05-19 19:40 | Report Abuse
ya, buy more and trapped more