Posted by bigmacmj > 2018-05-29 22:04 | Report Abuse

9. PROPOSED RENEWAL OF GENERAL MANDATE FOR THE DIRECTORS TO ALLOT AND ISSUE
SHARES IN THE COMPANY PURSUANT TO THE DIVIDEND REINVESTMENT SCHEME

“THAT, pursuant to the Dividend Reinvestment Scheme as approved by the shareholders at
an Extraordinary General Meeting held on 19 June 2013, the Directors be hereby authorised
to allot and issue such number of new shares in the Company upon the election of
shareholders of the Company to reinvest the dividend pursuant to the Dividend
Reinvestment Scheme until conclusion of the next AGM upon such terms and conditions and
to such shareholders as the Directors may, in their absolute discretion, deem fit and in the
best interest of the Company PROVIDED THAT the issue price of the new Shares shall be fixed
by the Directors at not more than 10% discount to five (5)-Market Day volume weighted
average market price of the Company’s shares immediately prior to the price fixing date at
the material time.
THAT the new shares, shall upon allotment and issue, rank pari passu in all respects with the
existing shares, save and except that the new shares shall not be entitled to any dividends,
rights, allotments and/or any other distributions which may be declared, made or paid, the
entitlement date of which is prior to the allotment of the new shares issued pursuant to the
Dividend Reinvestment Scheme.
THAT the Directors of the Company be hereby authorise to do all such acts and things as are
necessary or expedient in order to give full effect to the Dividend Reinvestment Scheme with
full power to assent to any conditions, modifications, variations and/or amendments as may
be required by the authorities or as the Directors in their absolute discretion deem fit and in
the best interest of the Company.
AND THAT any Executive Director and/or Secretary of the Company be hereby authorised to
obtain the approval from Bursa Securities for the listing and quotation of the new shares to
be issued pursuant to the Dividend Reinvestment Scheme.”

Posted by bigmacmj > 2018-05-29 22:13 | Report Abuse

do anyone explain what is this mean? are they issue new share issue instead of dividend in future?

Posted by geary > 2018-05-30 13:58 | Report Abuse

@bigmacmj. U have options, if you want dividend, then no need to post the Dividend Reinvestment form. Just ignore it. If the market price is reasonable, then you can reinvest with your dividend. Usually a discounted price of less than 10%. It is your choice. TQ.

Posted by bigmacmj > 2018-05-30 22:24 | Report Abuse

Geary, thanks for explain

Posted by nikicheong > 2018-06-02 22:40 | Report Abuse

I think DRIPs are terrible, cause it dilutes sharebase. People who want to use their dividends to reinvest can do so on their own by buying at the market w/o needing to dilute the sharebase.

Posted by share2014 > 2018-06-04 22:05 | Report Abuse

This counter mangkalai kah?

Posted by Shines > 2018-06-11 08:30 | Report Abuse

My experiences is after DRIP prices will down further

Posted by YuckyChicken > 2018-06-20 14:26 | Report Abuse

Teh Deng Wei is very capable person. This company is in good hand. He should be made MD soon.

Posted by jakar > 2018-07-05 09:49 | Report Abuse

good dividend stock, worth to buy.

Posted by shortinvestor77 > 2018-07-05 16:29 | Report Abuse

Today up.

Posted by shortinvestor77 > 2018-07-05 16:31 | Report Abuse

New projects launched?

Posted by FaizalAziz > 2018-07-05 16:41 | Report Abuse

DIV is catchy...up up up..0.96 to go

Posted by calvintaneng > 2018-07-05 21:54 |

Post removed.Why?

Posted by FaizalAziz > 2018-07-06 08:53 | Report Abuse

up up up

Posted by FaizalAziz > 2018-07-06 09:36 | Report Abuse

collect collect collect

Posted by FaizalAziz > 2018-07-06 10:46 | Report Abuse

DY is very attractive and ex date still far away. collect collect collect

Posted by apolloang > 2018-07-06 10:50 | Report Abuse

an undervalued stock like ken

Posted by opustang > 2018-07-06 10:59 | Report Abuse

tambun...bought since at 78sen and waiting for 1.00 with divi at 0.047sen......collect because very very cheap

Posted by calvintaneng > 2018-07-06 16:19 | Report Abuse

THUMBS UP!!!

Posted by James Ng > 2018-07-07 12:12 | Report Abuse

https://klse.i3investor.com/blogs/general/164388.jsp
[转贴] [TAMBUN INDAH LAND BHD，房地产业的前景仍然充满挑战] - James的股票投资James Share Investing

Posted by calvintaneng > 2018-07-07 16:03 | Report Abuse

Good points are these

Note:

(((Investment holdings:
The increase in revenue was mainly derived from additional rental received from newly completed investment properties.)))


INCREASE IN REVENUE NOT FROM SALES BUT FROM ADDITIONAL RENTAL RECEIVED FROM NEWLY COMPLETED INVESTMENT PROPERTIES.

THIS SHOWS 2 THINGS:

1) TAMBUN INVESTMENT PROPERTIES ARE WELL TAKEN UP WITH GOOD RENTAL YIELD (THIS IS NOT A ONE OFF LIKE SELLING HOUSES. BUT INCOME RENTAL WILL BE RECURRING.
SO VERY GOOD FOR FURTHER DIVIDEND PAYOUT

2) WITH THE UPCOMING LAUNCH OF IKEA IN BATU KAWAN THE RENTAL WILL EVEN GO UP HIGHER AND HIGHER IN FUTURE YEARS DUE TO AN INCOMING BOOM BROUGHT BY IKEA


So Tambun is giving out dividend like a REIT. But better tha any listed REIT as Dividend Yield is 8.9%

TAMBUN = THUMBS UP!

Posted by newbie4444 > 2018-07-07 19:45 | Report Abuse

sifus I heard Tambun unbilled sales is RM 40+ million is how much qtr sales?

Posted by newbie4444 > 2018-07-07 19:49 | Report Abuse

……..as well as unbilled sales. In tandem with slump in new sales, TIL’s unbilled sales declined further to RM48.6m as of 1Q18 (vs 4Q17: RM66.0m). The Group’s unbilled sales now underpin its topline visibility for about 2 months or equivalent to 0.2x of its 2017 revenue, mainly driven by projects such as Raintree Park 2 and Pearl Tropika.
http://klse.i3investor.com/servlets/ptres/45172.jsp

Posted by calvintaneng > 2018-07-07 21:06 | Report Abuse

Sales were anemic during past quarters due to:

1. GST sapped consumer purchasing power
2. Overall gult in Highrise and High end houses
3. Stringent Bank loan requirement

That was then.
Now:

1. Penang is the New Govt (no more opposition state)
2. Scrapping of tolls on Penang Bridge proposed
3. Opening of IKEA in Batu Kawan expected to provide jobs and 6 million shoppers expected.
4. New Boom in Penang, Langkawi & Kedah soon.
5. No Gst and probable loosening of stringent loan for genuine buyers


Both Tambun Current Rental Assets and coming new launch for year 2019 should do well.
One foretelling sign is the sanguine 4.7 sen dividend by management which indicate better times ahead.

Posted by 4444 > 2018-07-07 21:27 | Report Abuse

The Group recorded new property sales of RM22 million in the current quarter (same quarter of preceding year 2017: RM36.18 million).
http://klse.i3investor.com/blogs/general/164388.jsp

Posted by calvintaneng > 2018-07-08 18:25 | Report Abuse

See

TOP 10 REASONS TO INVEST IN PENANG By New Bob Group

http://newbobgroup.com/news/top-10-reasons-to-invest-in-penang/

Look at nos.7 to 10

7.Land scarcity on the island contributed to the shift of development focus to the mainland – Developers are starting to build outside of the island and shifting their attention to the more affordable mainland areas such as Batu Kawan due to the land scarcity and inflated prices on the Island.

The emergence of a new infrastructure that acts as a catalyst of growth – Penang’s second bridge, Sultan Abdul Halim Muadzam Shah Bridge that links Batu Kawan, Batu Maung and the Bayan Lepas Industrial Zone will be the driver behind Batu Kawan’s rapid growth in the next few days.

There are several highly anticipated development project underway – The upcoming RM8 billion mixed development modern township in Bandar Cassia, IKEA store, branch campuses of University of Hull as well as KDU University College in Batu Kawan will further add to the appeal for future development. Bagan Ajam in Butterworth and Teluk Air Tawar in the north of Seberang Perai district are also forecasted as the next growth areas on the mainland.

The upcoming Penang Transport Master Plan will boost the property market – An upcoming RM27 billion Penang Transport Master Plan will introduce plans to resolve traffic congestion on the island; it includes an LRT line and an undersea tunnel connecting Penang island to the mainland. The development of the RM2 billion Penang Sentral, a transportation hub that integrates ferries, buses, taxis and a planned monorail will play a catalytic role on the growth of mainland Penang and transform Butteworth into a modern metropolitan area.

ALL THE FINAL CONCENTRATION OF GROWTH WILL SPREAD TO BATU KAWAN EVENTUALLY!!!

Posted by ZEPAN > 2018-07-09 01:25 | Report Abuse

Dividend around 4.7 cents a drop from previous 7 cents, but stupid people goreng up more than 6 cents, so can buy?

Posted by PiddleMinger > 2018-07-09 12:32 | Report Abuse

profits have been dropping consecutively every quarter. Unbilled sales declining. Read whatever recommendations here with a pinch of salt. Most ppl would sell after receiving dividends.

Posted by shortinvestor77 > 2018-07-10 14:45 | Report Abuse

http://www.enanyang.my/news/20180705/%e6%a7%9f%e6%94%bf%e5%ba%9c%e5%a5%96%e6%8e%96%e6%95%91%e6%88%bf%e5%b8%82-%e5%a4%96%e5%9b%bd%e4%ba%ba%e7%bd%ae%e4%b8%9a%e5%85%8d%e8%b4%ad%e5%b1%8b%e7%a8%8e/

Posted by ZEPAN > 2018-07-11 07:55 | Report Abuse

PiddleMinger profits have been dropping consecutively every quarter. Unbilled sales declining. Read whatever recommendations here with a pinch of salt. Most ppl would sell after receiving dividends.
09/07/2018 12:32


Yes friends, be cautious please.

Posted by Kenokaya > 2018-07-11 10:55 | Report Abuse

If i buy now can I still entitle full dividen? Still learning....

Posted by bhza2012 > 2018-07-13 16:54 | Report Abuse

Kenokaya... if you buy before ex date and hold till entitlement date, you will entitle the divident 4.7 cents per share. Buy before 31 july and hold till 1 ogos..

Posted by bhza2012 > 2018-07-13 16:56 | Report Abuse

The divident quite okay...

Posted by PiddleMinger > 2018-07-13 17:38 | Report Abuse

Ex date run and sell. Next quarter results end of Aug not going to be good.

Posted by shortinvestor77 > 2018-07-14 16:13 | Report Abuse

Major shareholders will buy all others shares they don't own. You run you lose.

Posted by PiddleMinger > 2018-07-15 12:27 | Report Abuse

almost all property counters report lower earnings in the last financial quarter compared to the preceeding one. The coming quarter will be no different, esp with the uncertainty post GE14. If you've been to Pearl city you'll notice that occupancy rates are still very low.

Posted by pow_kor > 2018-07-16 17:08 | Report Abuse

hold tight for bull run...

Posted by FaizalAziz > 2018-07-17 09:40 | Report Abuse

slow slow collect before x date....TP 0.97

Posted by FaizalAziz > 2018-07-17 11:56 | Report Abuse

wowowowowowwwww

Posted by apolloang > 2018-07-17 22:44 | Report Abuse

IKEA is in batu kawan,most of tambun land is at simpang empat

Posted by apolloang > 2018-07-17 22:56 | Report Abuse

excuse excuse,i tot u say better avoid property stock?

Posted by apolloang > 2018-07-17 23:04 | Report Abuse

property stock in iskandar is your UEMLAND.....hahaha

Posted by apolloang > 2018-07-17 23:07 | Report Abuse

my cousin bought a house in taman laguna 10 years ago at 300k now worth 900k,unrealistic price.even in penang 10 years ago if bought a condo at 300k now only worth 600++k

Posted by apolloang > 2018-07-17 23:12 | Report Abuse

ECS no want lah,sold many moons ago when I was holidaying at the top of marina bay sands.sold at 1.50++....hahaha

Posted by calvintaneng > 2018-07-17 23:14 |

Post removed.Why?

Posted by apolloang > 2018-07-17 23:17 | Report Abuse

more earthquake or theft or flood? btw symlife houses kena sink hole in penang when flooding last year....hahaha

Posted by apolloang > 2018-07-17 23:20 | Report Abuse

also a few of my frens are staying in tmn tasek mutiara,tambun told me their houses bought more than 15 years ago not appreciate as much as in the island

Posted by calvintaneng > 2018-07-17 23:21 | Report Abuse

BETTER READ THIS ALONE IN YOUR ROOM QUIETLY

http://www.chick.com/reading/tracts/0001/0001_01.asp

THEN GET DOWN ON YOUR KNEES AND ASK JESUS COME INTO YOUR HEART

Posted by apolloang > 2018-07-17 23:24 | Report Abuse

why u tell us to buy tony's stock instead of francis yeoh's? both also Christians.....another one is dato sleeping tan KEN,he's also a devoted Christian.....hahaha

Posted by apolloang > 2018-07-17 23:27 | Report Abuse

u better go buy your policeman stock,dato butayap.....hahaha