i have no complain after collecting total 10 sen gross div (95% shares bought at 1.39, 5% shares bought last week at 1.51) don't mind zzzzz as this is a super fd account
1.39? that's a long time ago. for that long time, 10c - 25% tax...zzzZZzzz. don't think one sided, experienced the same here, but lucky sudah buang semua dekat $1.72. the cash is better for something else.
there will be no offer like oskprop (takeover price 0.87, share price 1.31), olh will keep collecting from the open market. he have bought 15,043,400 shares in 3 days at price 1.63-1.66. he will keep collecting just like he did for osk prop
he must acquire 90% shares for mandatory general offer, he now together with osk equity have around 44%. His shareholdings will never reach 90% as most shareholders are not blind and sell to him cheap plus annual dividend will be at least 10 sen or more fyi, 1% stake = 9,690,000 shares
10 sen dividend (i would say 2013 dividend will be slightly north of 10 sen) just started in year 2012, 2008-2010 (7.5 sen), 2011 (7 sen including share dividend). if osk can repeat another year of above 10 sen div, the share price will catch up.
You are already a sure winner, why '...no brainer...'? You confuse me, brather! Wish I had averaged down more. Still not so bad. Just follow the winner(owner)!
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devilnevercry
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Posted by devilnevercry > 2013-08-29 10:49 | Report Abuse
me too