why sell? next week announce annual budget, everyone from analyst to minister say will help first time home buyer, who will be the beneficiary? next month bank negara will most likely reduce opr rate, this is also predicted by economist, who will be the beneficiary then ?
LBS is a company with good prospect, and LIM family willing to let go 5.11% shares holding, that person or institution sure can bring big benefit to the LBS. Anyone become substantial shareholder must inform Bursa within 7 days. Will be revealed very soon
RPS offer price RM1.10 with 6% yearly a very good deal. Add in potential capital appreciation on conversion to ordinary shares make it a very viable investment.
Please go to lbs fb page and you will see lot of comment from bsp resident regarding lbs poor township planning.they all said that don't ever buy prop from lbs.
right issue RCPS LBS-PA pay 6% dividend annually (0.066 per RCPS) conversion 1.10 x 2 = 2.20... not so tempting.. perhaps we can buy PA at below 1.10 that's bargain....hope for mother share drops! after the right issue!
I don't understand why anyone want to subscribe to RCPS LBS-PA at RM1.10 per right issue? To convert to mother share need 2 LBS-PA to get one mother share LBS? Why need to spend RM2.20 when can buy directly LBS at RM2?
When you subscribe for RCPS, you get 6% dividend a year (yield about 5.5%). Buy mother share, get only 2 sen a year. Convert only after 5 years. If mother share goes up higher than 2.20, additional capital gain. If lower, then absorb the losses. So look at the prospects and weigh.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 268 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11428 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
josephgoshen
35 posts
Posted by josephgoshen > 2016-10-13 13:07 | Report Abuse
Those employees must be really short-sighted then, seeing how the forecasts have a positive prediction.