It has been reported that should the exercise go through, Pelikan International shareholders could be treated to a hefty dividend payout of around RM400mil.
This payout would translate to around 73 sen per share.
mfmqqq: where you get the TP of 1.47 from? tomanhead: the owner been talking about all this for ages. How you know this will come this time around? Or you are just trying your luck?
feethappy,i have been in and out a few times on this counter and made some money,however i still have some sangkut at 0.95,0.84 but it's ok,since those are the profits made since pelikan is around 0.35. I don't think about luck as i am still waiting for the repatriation of euro as all deals are concluded.I can wait for long time but i don't think the Company can...hahaha
anyway looking at the recent QR profits and if 3rd quarter can maintain,i am sure dividend coming,this company share issue is not much,so can pay dividend.Unlike the Billion share company...difficult to pay dividend as profit diluted
Early this year, it was reported that Pelikan AG had appointed investment bank BNP Paribas to look at “strategic options” for the company.
It’s not clear though how much of Pelikan AG’s stake is for sale, but reports quoting sources have indicated that the entire company could be sold “at the right price”.
It has been reported that should the exercise go through, Pelikan International shareholders could be treated to a hefty dividend payout of around RM400mil.
This payout would translate to around 73 sen per share.
Pelikan International closed down 1.91% to 77 sen on Friday, giving it a market capitalisation of RM434.34mil.
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....
tomanhead
603 posts
Posted by tomanhead > 2016-08-29 22:27 | Report Abuse
http://www.thestar.com.my/business/business-news/2016/05/14/making-a-comeback-in-logistics/ read the last part