For those who have been following should have made 30% profit. Just note that the Net Cash Position is RM3.50. If it can rise to near RM3 should be a good price to unload some
KaiKai. RM0.98 does not equal to 44% upside. Example, price RM2.00. Announce to pay RM0.98. Price up to RM2.20. After paid, the price ex to RM1.22. Actual gain is 20% only.
But big question is after announced, how will the market react.
15% : if after the cash distribution the price is adjusted to RM1.22, it would mean that the stock is trading at 0.4 NTA and also 8% dividend Yield (based on 10 sen). This make it one of the cheapest stock in Bursa. Happy investing
datasonic : there is no timeframe or limit to the extension. Worth to note that Hwang given assurance to shareholders that they won't not delist within 2 years after the Sale of the core business - This April is the 2nd anniversary.
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....
firehawk
4,783 posts
Posted by firehawk > 2016-02-23 10:02 | Report Abuse
wah! rises a lot recently .... want to give special dividend ah? April approaching ......