Bravo I will not convert until I know the dividend date. In my case I hold mother and son. In my opinion, the share will move when dividend is announced because 2cents dividend out of current 56 to 57 cents is approx 3.5%. Assuming if announce dividend in jul or aug for ex date in sept, it will be 1Quarter to hold or convert or buy. For those buying only then, could see the price already up because for 3.5% for 1 Q for 4 Qs would be 14% which is 4 time FD.
Of course in their case they won't hold for 4 Qs but what is means is that they can free the money to buy other shares and etc. In my opinion if it drops I will buy in again because eventually the price will incline even before announcement and when it does, the 2cents against the incremented price will be lower until it reaches equilibrium, I believe is between 1.5 to 2%
Tigerbeer, I am not suggesting that. I m only calculating present. Anyway I won't hold beyond October if nothing happens. I will wait until dividend and free my money
Wave A not ended yet, Haiz.....it must not dither. It must show a few more days of up or maintained trend to convince leh. Yesterday was an opportunity to take at low volume block but no take ......haiz
This company seems to be heading nowhere and going down...... damn slow in launching new phases or projects......the young son Andrew seems to be slower than his sister....probably slower than the aged MD.....sigh....
relax valueinvestor... he is appointed a while ago only... conversion keep taking this 2 weeks, im sure the management are also involved... they have plans..
Bravo, we have to see this few days. Last Friday was Intermediate Bearish. This means that if another few bearish closing whether intermediate or short term, will confirm. I m hopping today to show some revival sign .
Yoloooo, how long will the conversion taking place? =) Barbarian, yea retracement should be less than a month and light. this one don't know what really happen =/
It will reach 100Million shrs convert by June end. Technically avg 10 Million shares a nth. Annivesary should have 120-130 Millions about 20% converted. it will be exactly 5 years with 20% each year ending 2018
Kekekeke no lay don't need to wait till 2018. Just hope there is a re rate or adjustment to the real value.I think Low Gay Teck need to market L&G more for his good work since taking over in 2008. This is a very old counter, not a new one leh. So he need to market his coming projects and his achievement for ppl to see real value
problem with Project Managers is they don't like to promise and put unnecessary pressure on themselves but they can achieve the target. Low is one of them with that background with Mayland since 1966. But in the MD seat he has to. Otherwise the share will forever stay in the 50 plus cents position
Bravo, slow conversion is good for long term holder. We know the son is following mother closely. If fast conversion, those converted will sell after conversion to realise their profit. It will be immediate and they won't even bother to queue high because got profit ady. The mother will come down and son will follow if done too fast. 20% is good number.
Bravo apart from those i mentioned the last time I still like Lattitude,Scable. I am also in UOA, Huayang, Brem, E&O, L&G, Eco, Prestar, THplant and a few other which i have held long time and have profit but don't recommend for short or medium term. Property is still above 1423 hopefully to sustain.
barbarian, pjdev-wc I sold at 0.815, can buy back now? ok I will keep in my watchlist. I like UOA, very steady income for the last 10 years. hua yang go up alot liao. E&O now is correction, good to buy at bargain. THplant now good entry point?
I think L&G after 20% conversion, the price will unlock its value, 36millions more :P
Bravo, THplant, price stabilised 2.04/05. I bought after the dividend and waited for it to stabilised as it factored in the dividend at 2.11 hence taking away dividend 3.62c shud be around 2.06/07. I read somewhere future in plantation is up. Anyway, it is undervalued so i am not too concern.
Bravo, i think for L&G, the MD has shown potential to deliver the numbers but lack the publicity. As with all old brand, they need to stimulate interest
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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....
Barbarian
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Posted by Barbarian > 2014-06-20 09:45 | Report Abuse
Build up at 58 and 58.5