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.

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

Post removed.Why?

Posted by Hafid > 2021-07-13 17:10 | Report Abuse

see can break rm0.55 tomorow.

Posted by DickyMe > 2021-07-13 17:15 | Report Abuse

If watch price everyday can go nuts, so have a target price and leave it.

Come today, tomorrow or 10 years later does not matter, as long as not below your average price.

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

Got so many cash to give 20cents special dividend? The sold of asset already said to pay debts.... Where got extra Rm122millions to give 20cents dividend? Anyway, just propose and may not approve. Those chase higher need be cautious.

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

Tomorrow going to open at 0.50. Great Pelikan management for clarifying the dividend to be declared. Happy trading.

Posted by DickyMe > 2021-07-13 17:19 | Report Abuse

@williamkth

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=116597&name=EA_GA_ATTACHMENTS

Posted by williamtkb > 2021-07-13 17:28 | Report Abuse

Wao.... Hoseh liao. I got free shares after special dividend. Tomorrow limit up？

Posted by risktoreward > 2021-07-13 18:27 | Report Abuse

better listen to rr88

Posted by wasting_time_only > 2021-07-13 18:31 | Report Abuse

googogogogo

Posted by Willy888 > 2021-07-13 19:01 | Report Abuse

TP is Rm1. 00

Posted by sarawakconso > 2021-07-13 19:03 | Report Abuse

20 cents only payable in 6 months as proposed if all goes well...why would any funds or for the matter anyone would want to rush in tmrw to capitalize on this news??? 20cents is too generous for early xmas by santa ...so be cautious of this generous santa

Posted by Hafid > 2021-07-13 20:02 | Report Abuse

If can reach rm1.50 that is the best. But I doubt so unless keep it for another years. But with the fund manager in the company, the company have have potential to move in the right direction.

Posted by mahmudkashimj > 2021-07-13 20:16 | Report Abuse

There is something brewing in Pelikan International Corp Bhd that could see the stationary maker selling some of its assets overseas. Yesterday, Pelikan closed 26.4% higher to 46 sen, giving it a market capitalisation of RM273mil Its share price soared as much as 53% to 55 sen during intraday trade, and it was on the top three of actively-traded counters on Bursa Malaysia. Sources said Pelikan is in the final stage of discussion to sell some of its assets in Germany that could be worth about €70mil (RM344.5mil) to €100mil (RM492mil). “Pelikan is an asset-rich company and asset monetisation has been on the table since 2016 including a stake in its European unit Pelikan AG.

“The company has also not declared a dividend in a long time and suddenly declare RM0.20, ” a source said.

The source pointed out that the asset monetisation has been accelerated since last year after the emergence of new shareholders in Pelikan, namely, Urusharta Jamaah Sdn Bhd and private equity (PE) firm Ikhlas Capital Singapore Pte Ltd.

Urusharta is Pelikan’s largest shareholder with a 26% stake, which it took over from Lembaga Tabung Haji as part of a rescue plan of the pilgrimage fund. Meanwhile, Ikhlas Capital, which is partly owned by former banker Datuk Seri Nazir Razak, bought a 10% stake in Pelikan in August 2019 for RM21mil or at 39 sen per share.

The history of Pelikan can be traced back to 2005. It was then known as Diperdana Holdings Bhd, which then acquired Pelikan Holding AG and Pelikan Japan KK. This saw the company transforming from a logistics player to a global stationery player. The Pelikan brand from Germany is more than 180 years old and is well know in European Market. This was followed by the acquisition of another German-based stationery maker Herlitz AG in 2010.That resulted in the Malaysian-listed Pelikan becoming a holding company of Pelikan Holdings AG.

Pelikan’s assets include production plants in Germany, Mexico, Colombia and Poland. It has an international procurement centre in Malaysia.

As of March 31, Pelikan’s assets stood at RM1.35bil. Its share price has been trading below net assets per share of 73 sen.

Posted by Winningpost > 2021-07-13 21:40 | Report Abuse

Special Dividend of $ 0.20 is almost half of the share price.
Apa lagi lu mahu ?

Posted by i3lurker > 2021-07-13 21:47 | Report Abuse

people dun use stationery any more lah

even drawing use computer already.
I am very familiar with color pencil prices.
I have one set of each brand

All the Global Brands are dropping in prices and all of them are here inside Malaysia.
Faber and Staedtler prices are half of what it used to be

wake up !!!!!

Posted by Yu_and_Mee > 2021-07-13 22:12 | Report Abuse

soon declare cancellation of dividend, like EURO cancel bonus

Posted by muszair > 2021-07-13 22:39 | Report Abuse

tumolo limit up!

Posted by Winningpost > 2021-07-13 22:45 | Report Abuse

LU price is 78.5 sen .
Stay tuned

Posted by Albukhary > 2021-07-14 00:01 | Report Abuse

tomorrow most likely will drop, sell on new.
41 sen maybe.

Posted by Hafid > 2021-07-14 05:31 | Report Abuse

Besok up all the way. Mungkin break rm0.77 to 0.90. nta ialah rm0.77. mana tahu disposed lebih banyak asset lagi.

Posted by Jom123 > 2021-07-14 09:11 | Report Abuse

Pelikan International Corp Bhd has decided to distribute a special dividend of 20 sen per share to its shareholders from the proceeds of the disposal of its logistics centre in Germany....huhu

Posted by williamtkb > 2021-07-14 09:19 | Report Abuse

Not even break 52cents... Once breakout 52cents will rocket up.

Posted by ceelo87 > 2021-07-14 09:49 | Report Abuse

w o ho hoho

Posted by williamtkb > 2021-07-14 09:49 | Report Abuse

My TP for today 40cents as no breakout 52cents yet.

Posted by williamtkb > 2021-07-14 10:03 | Report Abuse

Strong support @45cents...

Posted by williamtkb > 2021-07-14 10:17 | Report Abuse

Take some profit first and wait to buy back later...

Posted by James75 > 2021-07-14 10:20 | Report Abuse

Collection at this level now. Wait for breakout momentum.

Posted by tomanhead > 2021-07-14 10:48 | Report Abuse

How you all know got 20 cents dividend? Propose only… last time sell asset in Europe pon tak nampak sesen pon

Posted by newboi > 2021-07-14 10:53 | Report Abuse

20 cts dividend is just a bait for bilis to buy and operator dump kaw kaw back to 35cts soon

Posted by i3lurker > 2021-07-14 10:56 | Report Abuse

good comment

5 months later, due to covid, its cancelled

kakakakakakakaka

Posted by tomanhead > Jul 14, 2021 10:48 AM | Report Abuse

How you all know got 20 cents dividend? Propose only… last time sell asset in Europe pon tak nampak sesen pon

Posted by iamismail > 2021-07-14 11:05 | Report Abuse

You jerung try to scare the bilis away is it???
Hahaha..
Pelikan NTA 0.73sen
With the sale even if not pay dividend, NTA will be much higher !!!!
Already filed with Bursa. So no worries guys.

Posted by James75 > 2021-07-14 11:16 | Report Abuse

https://www.theedgemarkets.com/article/pelikan-pay-20-sen-special-dividend-proceeds-german-logistics-centre-sale

Posted by williamtkb > 2021-07-14 11:23 | Report Abuse

When can get the 20cents dividend? Finally can see my sell queue @50cents...

Posted by James75 > 2021-07-14 11:25 | Report Abuse

Go go go PELIKAN ..

Posted by williamtkb > 2021-07-14 11:32 | Report Abuse

Looks like sharks not buying... Bilis eating more...

Posted by James75 > 2021-07-14 11:35 | Report Abuse

New shareholder come in Nazir Razak and his Private Equity Fund Ikhlas.
Will this one be another rocket like Dataprp or Sedania?
Let see...

Posted by James75 > 2021-07-14 11:36 | Report Abuse

Limit up 0.78 sen

Posted by khpwwl > 2021-07-14 11:39 | Report Abuse

you sell 0.50 then i sell 0.495...hahaha

Posted by iamismail > 2021-07-14 11:42 | Report Abuse

Wow.. going to limit up?

Posted by williamtkb > 2021-07-14 11:42 | Report Abuse

Sharks U Turn. Scared to eat my 50cents

Posted by tomanhead > 2021-07-14 11:43 | Report Abuse

Last time tipu already…. Now want to tipu again ? https://www.thestar.com.my/Business/Business-News/2014/10/11/Is-there-value-in-Pelikan-potential-RM400mil-to-be-returned-to-shareholders/

Posted by williamtkb > 2021-07-14 11:47 | Report Abuse

Took all profit @48cent already. Thanks

Posted by i3lurker > 2021-07-14 11:49 | Report Abuse

covid gonna last 20 years

buy to get 20 sen will end up lose more than 20 sen after ex-dividend.

its good for a expensive one night stand gamble only and most will lose money...

Posted by James75 > 2021-07-14 11:49 | Report Abuse

Aiyoo why recycle so old story?? hahahaha..
Now new shareholder coming in la.

Posted by James75 > 2021-07-14 11:55 | Report Abuse

Demand for stationery and Pelikan products has grown back, since the opening of economy in US, Europe and large parts of the world.
Just see the EURO 2021. People are flocking stadiums and places.

There are big plans by the new shareholder Nazir Razak and his PE Fund Ikhlas.

Posted by iamismail > 2021-07-14 12:10 | Report Abuse

Good shakeout just now. Cleared most of the contra player.
I think this is good support level, will move up again.

Posted by tomanhead > 2021-07-14 12:24 | Report Abuse

Non essential products,nobody buy pens to eat ;-)

Posted by risktoreward > 2021-07-14 14:05 | Report Abuse

its distribution volume

Posted by iamismail > 2021-07-14 14:42 | Report Abuse

Today all flocking to Sedania, Jetson and KAB.
Keep buying, tommorow they come back here.
Hahaha..