PELIKAN INT.CORPORATION BHD

KLSE (MYR): PELIKAN (5231)

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Last Price

0.245

Today's Change

+0.02 (8.89%)

Day's Change

0.22 - 0.26

Trading Volume

16,859,500


3 people like this.

3,315 comment(s). Last comment by AlphaCapX 48 minutes ago

ronald118

123 posts

Posted by ronald118 > 2021-07-09 12:17 | Report Abuse

According to Pelikan, from the RM399.33 million proceeds, RM200 million will be used to repay bank borrowings, RM161.93 million will be used for working capital and RM24.6 million will be used for internal reorganisation. That leaves RM12.8 million from the proceeds.

12.8m for special dividend 608m shares= 2 cents

Johnzhang

2,966 posts

Posted by Johnzhang > 2021-07-09 12:22 | Report Abuse

Per 31/12/2020 , accumulated loss at company level is $250 mil. The gain on disposal is $185 mil which is not sufficient to offset the accumulated loss . Logically the company still can’t pay dividend unless share consolidation or capital reduction happens. Can anyone comment?

greencode

1,692 posts

Posted by greencode > 2021-07-09 12:57 | Report Abuse

Afternoon fly to the moon

maddox

75 posts

Posted by maddox > 2021-07-09 13:40 | Report Abuse

Just continue to goreng guys! Load it up!

tomanhead

597 posts

Posted by tomanhead > 2021-07-09 15:05 | Report Abuse

The market very cautious,day traders and goreng people don’t want to hold over weekend

khpwwl

3,404 posts

Posted by khpwwl > 2021-07-09 15:24 | Report Abuse

useless govt...

khpwwl

3,404 posts

Posted by khpwwl > 2021-07-09 15:26 | Report Abuse

klc index every drop, who dare to hold over weekend...every day got bom bom bom

tomanhead

597 posts

Posted by tomanhead > 2021-07-09 15:52 | Report Abuse

Covid index up 9180

Jslm123

261 posts

Posted by Jslm123 > 2021-07-09 16:28 | Report Abuse

This share still rebound today. Go see Asdion

Leoleo

5,500 posts

Posted by Leoleo > 2021-07-09 18:16 | Report Abuse

Otw up now for recovery play

Jslm123

261 posts

Posted by Jslm123 > 2021-07-09 23:13 | Report Abuse

This deal is wise move. Now cash is king

Cikam

1,720 posts

Posted by Cikam > 2021-07-10 21:30 | Report Abuse

The problem is..pelikan has not indicted how much the repayment ‘dividend’ will be distributed to the shareholders

i3lurker

13,606 posts

Posted by i3lurker > 2021-07-10 21:37 | Report Abuse

its already SON

Sell On News

Cikam

1,720 posts

Posted by Cikam > 2021-07-11 08:48 | Report Abuse

Maybe yes maybe not..hold it tight tight..

paulthesotong

2,511 posts

Posted by paulthesotong > 2021-07-11 11:12 | Report Abuse

Achtung Baby!!!

Cikam

1,720 posts

Posted by Cikam > 2021-07-11 11:52 | Report Abuse

U2

ronald118

123 posts

Posted by ronald118 > 2021-07-12 16:07 | Report Abuse

According to Pelikan, from the RM399.33 million proceeds, RM200 million will be used to repay bank borrowings, RM161.93 million will be used for working capital and RM24.6 million will be used for internal reorganisation. That leaves RM12.8 million from the proceeds.

12.8m for special dividend 608m shares= 2 cents

special Dividend only 2sen...pay by 1Q2022

ronald118

123 posts

Posted by ronald118 > 2021-07-12 16:07 | Report Abuse

today losses already more than dividend 2 cent....

pitty those on trap early..

Posted by ipohwhitecoffee > 2021-07-13 09:31 | Report Abuse

kain pelikat second round

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2021-07-13 14:13 | Report Abuse

special dividend 20 cents omg

DickyMe

14,391 posts

Posted by DickyMe > 2021-07-13 14:44 | Report Abuse

You sure or not, 20 sen or 2 sen?

DickyMe

14,391 posts

Posted by DickyMe > 2021-07-13 14:46 | Report Abuse

(c) The Board has decided to fix the special dividend at 20 sen per share.

Confirmed from announcement, to be paid within six months..

Hafid

1,130 posts

Posted by Hafid > 2021-07-13 14:59 | Report Abuse

what is could not be sold off

DickyMe

14,391 posts

Posted by DickyMe > 2021-07-13 15:00 | Report Abuse

rephrase

i3lurker

13,606 posts

Posted by i3lurker > 2021-07-13 15:03 | Report Abuse

dun worry
be happy

if NOT sold off
DickyMe will indemnify you and pay you 20 sen per share using a toilet guarantee

btw DickyMee is the evil twin brother who will take 20 sen from you.

Posted by Hafid > Jul 13, 2021 2:59 PM | Report Abuse

what is could not be sold off

Hafid

1,130 posts

Posted by Hafid > 2021-07-13 15:09 | Report Abuse

nanti takut kena tipu. nanti jatuh balik pergi 0.21

BestOne

319 posts

Posted by BestOne > 2021-07-13 15:10 | Report Abuse

Perfect.. time to shine.. volume is up! Go go go!!

i3lurker

13,606 posts

Posted by i3lurker > 2021-07-13 15:13 | Report Abuse

Must buy otherwise DickyMee cannot cheat you, he will cry

the 43 sen already include 20 sen dividend

ex-dividend share price => maybe 5 to 9 sen only due to covid

21 sen is before covid normal price

Posted by Hafid > Jul 13, 2021 3:09 PM | Report Abuse

nanti takut kena tipu. nanti jatuh balik pergi 0.21

DickyMe

14,391 posts

Posted by DickyMe > 2021-07-13 15:15 | Report Abuse

Kalau tak yakin, beli ASB atau simpan dalam FD ataupun mohon simpan dalam KWSP.

Hafid

1,130 posts

Posted by Hafid > 2021-07-13 15:22 | Report Abuse

the risk is if the buyer do not want to buy????

Hafid

1,130 posts

Posted by Hafid > 2021-07-13 15:22 | Report Abuse

so i think is better to wait until drop below rm0.37 than buy if you do not have any . if you want to have exposure than can buy at current price....

i3lurker

13,606 posts

Posted by i3lurker > 2021-07-13 15:24 | Report Abuse

risk is just 1 part

More important Bursa will set the ex-dividend price at 43.5 - 20 = 23.5 sen

from 23.5 sen price will drop later due to covid lah

End Result ? => Huge Losses

why? This Pelikan tak bolih pakai one.

DickyMe

14,391 posts

Posted by DickyMe > 2021-07-13 15:28 | Report Abuse

Risk is everywhere.
There is risk even in sex.
If you cum first b4 her then the risk of divorce or two timing is imminent.

firehawk

4,772 posts

Posted by firehawk > 2021-07-13 15:37 | Report Abuse

Congratulate for those bought earlier ... cheer !!!

ayra15

65 posts

Posted by ayra15 > 2021-07-13 15:40 | Report Abuse

at 20cent dividend its abt 45% frm current price. so just buy and keep for dividend

Hafid

1,130 posts

Posted by Hafid > 2021-07-13 16:00 | Report Abuse

PELIKAN COULD NOT BREAK 0.45 SEN ONE

BIOALPHA

37 posts

Posted by BIOALPHA > 2021-07-13 16:08 | Report Abuse

I assume insider already bought in. Now just throwing tickets. 6 months from deal completion, but don't know when deal complete yet.

kasrim

2,491 posts

Posted by kasrim > 2021-07-13 16:13 | Report Abuse

80 c coming

Posted by ipohwhitecoffee > 2021-07-13 16:14 | Report Abuse

hafid your 45 sen operator smashed pecah lo.

47 sen now.

Posted by ipohwhitecoffee > 2021-07-13 16:17 | Report Abuse

trader will close daily position.
Keeper can buy cheaper

Hafid

1,130 posts

Posted by Hafid > 2021-07-13 16:25 | Report Abuse

OPERATOR SELL TO RETAILER. NORMAL LAH

Hafid

1,130 posts

Posted by Hafid > 2021-07-13 16:26 | Report Abuse

SEE CAN DROP BELOW THE 0.40 SEN

Squirtle

798 posts

Posted by Squirtle > 2021-07-13 16:40 | Report Abuse

Hafid is ride Kapchai

Squirtle

798 posts

Posted by Squirtle > 2021-07-13 16:45 | Report Abuse

You wan listen to ride moto kap chai
Hahahah

Hafid

1,130 posts

Posted by Hafid > 2021-07-13 16:52 | Report Abuse

better wait and see. than regret

MrGoingUp

112 posts

Posted by MrGoingUp > 2021-07-13 16:53 | Report Abuse

very strong. tomorrow SOAR!

DickyMe

14,391 posts

Posted by DickyMe > 2021-07-13 16:58 | Report Abuse

Will big funds resist 20 sen dividend?

rr88

6,336 posts

Posted by rr88 > 2021-07-13 17:05 | Report Abuse

Flag breakout at 0.40 today. Tp = 0.40 + (0.455 - 0.36) = 0.495 only. Dont sleepwalking tomolo morning. It will drop after hitting 0.495/0.50 b4 mid morning n take yr balls down with it.

DickyMe

14,391 posts

Posted by DickyMe > 2021-07-13 17:09 |

Post removed.Why?

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