Posted by nikicheong > 2017-06-03 13:23 | Report Abuse

Still waiting for weakness in the share price. Penang mainland property market outlook is also looking rather subdued. Lower my entry price to RM1.35-RM1.38 from RM1.42.

Posted by batman11 > 2017-06-03 15:48 | Report Abuse

Ding hai is what you need now
https://youtu.be/1MPwucECEfo

Posted by Bullorbear777 > 2017-06-15 11:38 | Report Abuse

Down more! Gogogo

Posted by grace1234 > 2017-06-16 06:21 | Report Abuse

What happen to Tambun?

Posted by shortinvestor77 > 2017-06-16 22:13 | Report Abuse

Going to take off soon.

Posted by nikicheong > 2017-06-19 13:45 | Report Abuse

it needs to felling down a bit more lah!

Posted by chanyh > 2017-06-19 17:02 | Report Abuse

quarter result out then drop till now =.=||

Posted by HEIM2016 > 2017-06-19 21:45 | Report Abuse

waiting devidend.

Posted by nikicheong > 2017-06-20 11:38 | Report Abuse

We must waited more, drop it must and drop it will.

Posted by fong7 > 2017-06-22 09:22 | Report Abuse

1.30 would be nice

Posted by Si Ying Lingbu > 2017-06-22 20:43 | Report Abuse

Fong7, 30 cents coming

Posted by WiseVictor > 2017-06-28 09:29 | Report Abuse

7 cents dividend is coming =D

Posted by chanyh > 2017-06-28 09:46 | Report Abuse

next month for the 7 cents dividend?

Posted by chanyh > 2017-06-28 10:09 | Report Abuse

Just realized Mr Teh is accumulate his own company shares last month. Should be good news to the investors perhap haha

Posted by iambigshark > 2017-06-29 11:05 | Report Abuse

is the AGM over, why no announcement on the proposed dividend

Posted by shortinvestor77 > 2017-06-29 12:25 | Report Abuse

Wait for a little while.

Posted by shortinvestor77 > 2017-06-29 12:26 | Report Abuse

Samsung Asset Management is buying Malaysian banking, property and construction stocks on bets the government will pump prime ahead of the election, according to Hong Kong-based fund manager Alan Richardson. Meanwhile, it’s paring technology and commodity-related holdings.
Read more at
http://www.thestar.com.my/business/business-news/2017/06/29/the-ringgit-is-easily-asia-strongest-currency/#wyuIqW7Z0zpbjzUA.99

Posted by Bullorbear777 > 2017-07-02 15:08 | Report Abuse

Please, push down more, 1.3 or even 1.2 or below 1, I am ready to sapu

Posted by shortinvestor77 > 2017-07-02 20:26 | Report Abuse

Yes. waiting at 1 cent to collect.

Posted by Bullorbear777 > 2017-07-03 19:01 | Report Abuse

Ya, 1.42, really 1 cent

Posted by Teck Ng > 2017-07-03 22:35 | Report Abuse

Normally upon the issuance of Notice of Closure of Dividend after trading hours, there will be a rush to buy the share the next morning and push up the price if the dividend yield is attractive. Not many investors are aware that Tambun AGM has approved a final dividend of 7 sen, giving a yield of 4.93% based on latest closing price of RM1.42. In November it is expected to give an interim dividend of 3 sen., making a total annual payment of 10 sen or a dividend yield of 7%.

In 2016, the Notice of Closure was issued on 7 June (Tuesday), while in 2015, it was issued on 30 June (Tuesday). However, in 2014, it was issued as late as 19 August (Tuesday). It is possible that the Notice of Closure could be issued after trading hours tomorrow (Tuesday). Once the Notice of Closure is issued, the price of Tambun could turn upward, just as in the past, as well as in the case of UOADev shares.

Let us hope Tambun will issue the Notice of Closure for the final dividend as soon as possible, hopefully tomorrow evening, so that we could reap some profits especially for those of us who have accumulated the shares on it s recent downturn.

Posted by Bullorbear777 > 2017-07-03 22:43 | Report Abuse

1.42 reap what? Below 1 only can reap, make it drop below 1

Posted by Teck Ng > 2017-07-03 23:31 | Report Abuse

Despite a drop in sales revenue, Tambun EPS of 5.61 sen for the first quarter ending March 2017 was higher than the corresponding quarter in 2016, due to better profit margin and rental income. If we annualize the first quarter EPS, Tambun PE ratio is attractively low at less than 6.5 times. It has the capacity to pay good dividend, if current EPS can be maintained. An analyst opined, sales revenue could improve in the second quarter, as the number of bank loan approvals could be higher. Invest at your own risk, best of luck.

Posted by cynachen > 2017-07-04 22:50 | Report Abuse

Thanks for sharing @Teck Ng

Posted by Teck Ng > 2017-07-05 22:28 | Report Abuse

If you are still holding Tambun shares which you have bought at a price higher than the latest closing price of RM1.42, do not panic and do not sell the shares now. If you sell, you will suffer irrecoverable capital loss as well as sacrifice the 7 sen dividend already approved by at the AGM on 18 May 2017. Wait for the issuance of Notice of Closure of the 7 sen dividend which is equivalent to a dividend yield of 4.93%. Once the Notice of Closure of dividend is issued through Bursa website after trading hours and release through the Press the next day, investors attracted by the high dividend yield (better than FD rate) will rush in to buy the share and push up its price. Only then, you may want to consider selling the shares before the ex-dividend date or hold them to be eligible for the dividend payment.

The recent experience of UOADev share price is good lesson of the need to wait until the issuance of Notice of Closure. When UOADev released its recent first FY quarter results, the EPS declined significantly against its preceding quarter results. Some investors panicked and sell down the stock, either knowingly or unknowingly sacrificing UOADev AGM approved 15 sen dividend (a yield of more than 5%). In the day trading session before the Notice of Closure was issued in the evening after trading hours, the share price dropped by 11 sen. Immediately the day after the Issuance of Notice of Closure of the 15 sen dividend, investors rushed in to buy the stock, leading to a 12 sen rise in the price of UOADev share. Consider my suggestion: do not sell your Tambun shares now. Instead wait until the Notice of Closure of dividend is issued. Only then you can either consider to sell or take up the dividend.

Posted by Shines > 2017-07-06 08:03 | Report Abuse

If can, collect now and wait

Posted by Teck Ng > 2017-07-06 11:29 | Report Abuse

Yes @ Shines

Posted by aaaf > 2017-07-06 17:42 | Report Abuse

dividend announced

Posted by nich0las > 2017-07-06 17:50 | Report Abuse

wa lao, div 7cent, tomolo must up to 1.50

Posted by iambigshark > 2017-07-06 17:59 | Report Abuse

cheers everyone here

Posted by Teck Ng > 2017-07-06 18:38 | Report Abuse

Yes, 7 sen is a good dividend yield of 4.9% against today Closing Price of RM1.43. Much better than FD rate.

Posted by shortinvestor77 > 2017-07-06 20:08 | Report Abuse

Finally good new comes. Cheers!

Posted by chanyh > 2017-07-07 08:53 | Report Abuse

cheers everyone ^^v

Posted by iambigshark > 2017-07-07 09:53 | Report Abuse

really la, div announced, price up le

Posted by addison25 > 2017-07-07 21:28 | Report Abuse

enter for dividend. hope price cont up

Posted by Woody > 2017-07-11 14:50 | Report Abuse

Me too

Posted by curious2 > 2017-07-12 03:03 | Report Abuse

Dividend is good but is it sustainable? Tambun unbilled sales is not high or too dependant on Pearl City(PC) to generate 90% revenue. I prefer Huayang because 42 sen cheaper and many property projects(include just took over Magna) compare to Tambun PC.

Teck Ng Yes, 7 sen is a good dividend yield of 4.9% against today Closing Price of RM1.43. Much better than FD rate.
06/07/2017 18:38

Posted by shortinvestor77 > 2017-07-12 20:45 | Report Abuse

It's unbilled sell is high. Sustainable.

Posted by Phifia Allan > 2017-07-13 15:11 | Report Abuse

Pre Ex price RM1.46.
Ex price RM1.41 (up RM 0.02)

Posted by th5290 > 2017-07-13 19:49 | Report Abuse

Hua Yang's Q1 profit drops drastically Curious2. Overall I think Tambun is a better stock.

Posted by shortinvestor77 > 2017-07-14 17:26 | Report Abuse

Agree. Penang mah!

Posted by cjlim > 2017-07-15 17:37 | Report Abuse

Possible Tambun results also drop 90% like HuaYang?

Posted by nikicheong > 2017-07-15 18:04 | Report Abuse

If you read analyst reports, the rally in the Bursa property stocks (based on KL Property Index) is unjustified/premature given that the property market slowdown is due to extend into mid 2018 at the earliest. Initially at the end of last year analysts were saying that the bottom/through will be this year, hence that led to buying interest in property stocks. However, it is now clear that we have NOT hit the bottom yet...the slowdown will persist till mid 2018 at the earliest, maybe even extend into 2019.

Given that, I fully expect most property stocks to slowly recede 10-15% from their current levels.

Tambun is maybe a unique stock cause it has full exposure to Penang, very high ROEs in spite of the downturn, and an extremely healthy balance sheet with the catalyst of significant landbanking exercises in the near term. But still...unless there are any catalysts, and especially if revenue/profits drop off a cliff like Hua Yang, it's best to wait a while more, let the property stocks drop, and then get in.

Initially my target was to come in at RM1.42, but now given what I have been reading and listening to people talk, I will only buy Tambun at ~RM1.25. Patience is a virtue. Never rush unless you are certain of a near term catalyst to drive the share price higher.

Posted by shortinvestor77 > 2017-07-18 20:31 | Report Abuse

HuaYang not doing well does not mean that Tambun will not doing well.

Posted by shortinvestor77 > 2017-07-18 20:33 | Report Abuse

As long as Tambun gives good dividend, it will not drop to 1.25 like KSL which stop to give good dividend.

Posted by iPhone7 > 2017-07-19 16:37 | Report Abuse

Use ur brain to think la , if tambun no earn money , where he get the money pay dividend , realy brainless

Posted by Ryan88 > 2017-07-19 23:44 | Report Abuse

dividend ex date 24jul ... .. ppl sell.?

LOL

Posted by Woody > 2017-07-20 21:09 | Report Abuse

Collect dividend first.

Posted by Shines > 2017-07-20 21:34 | Report Abuse

Last day tomorrow cum

Posted by Phifia Allan > 2017-07-20 21:53 | Report Abuse

Monday only ex