Foong brothers now got 32.386% of HEXZA. What would have happened if their shareholdings cross 33%? Why HEXZA has no share buy back and what if... Another important point, please refer to Note 25 of HEXZA 2013AR. To simplify my point: HEXZA is a undervalued stock! Don't you agree?
Note 25 ...the Company has sufficient Section 108 tax credits and tax-exempt accounts balances to frank dividends amounting to RM50,356,000 (30.6.2012: RM64,106,000, 1.7.2011: RM66,000,000) out of its retained earnings as of June 30, 2013. If the balance of the retained earnings of RM29,751,845 (30.6.2012: RM9,979,207, 1.7.2011: RM6,588,388) were to be distributed as dividends, the Company would switch to a single tier tax system and the balance of the dividends would be single tier dividends.
I believe all companies are suppose to transition to single tier tax system by 31/12/13. So the window to pay out any special dividend should have ended so I dont think there is any likelihood of any special dividend as a result of these tax credits.
Ayam Tua, starting now, please don't use "kikiki" phrase, as used by wahaha126 and Fat Cat Tim Buddy. it is a bad star sign. If you want to be Ayam Tuah.
Dear Ayam Tua, banyak orang rugi teruk di CSL, mereka menantikan kedatangan awak untuk bagi sikit nasihat dan kasih sayang. Sila ke sana kejap. Terima kasih
"Like most investors, I frequently have difficulty to decide when to sell to make profit. The best time to sell is when I see that the company is showing reduced quarterly profit. If the company is showing increasing quarterly profit, I do not sell too early." Taken from "Basic Share Investment Philosophy" - Koon Yew Yin
the best time to sell this counter is when you see all the so call expert coming out and give god know base on what TP time and here become pasar awam time ...kikikikii .. and yes ... can apply this in mostly any counter : ) ....
Welcome AyamMuda, AnakAyam, AyamTuah & Ayam Goreng .. welcome to Hexza! As the Chief Chicken of this chicken coope or reban ayam.. i bid all a very warm welcome! ha ha ha .. Hexza better than Chicken Fetilizer .. kikikiii
the word "kikikiki" made popular by i3 biggest namely tjhldg. all his thoughts and investment philosophies - not all maybe some influenced ayamtua behavioural . AyamTua credited his approaches as "casual and fun" despite the horrid of reading and analyzing every posts for betterment own invested capital . AyamTua not smart but AT knows where to look for certainties amids in times of unpredictable market
you have technically made the right choice to be in the same leagues with other Ayamas.. too many ayam in one rock solid counter usually means a good sign ! .. and yes! by adopting ayam philosophy - our safety margin usually higher than any average joe in the market because we can fly better!
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....
bugle
293 posts
Posted by bugle > 2014-04-28 01:31 | Report Abuse
Foong brothers now got 32.386% of HEXZA. What would have happened if their shareholdings cross 33%? Why HEXZA has no share buy back and what if... Another important point, please refer to Note 25 of HEXZA 2013AR. To simplify my point: HEXZA is a undervalued stock! Don't you agree?