Actually after its sales of main business, this share price not worth to stand at 1.90 (after ex dividend) before it could find a new business to purchase and proof that earning is not decrease.
"HDBS’ future income stream is expected to rely substantially on its remaining subsidiaries, namely HDM Capital S/B & HDM Properties S/B. These two business segments accounted for 11.1% and 28.3% of the HDBS’ group operating revenue and group PAT, respectively, as at end-July13"
That's 39.4% income still be with them. I think that's good enough start
After the special dividend, how much cash does the company still have? What is the breakdown figure of its current and fixed assets? If anyone knows, please share.
for this kind of share price might as well invest in Pintaras which more future plus assured capital win rather than wasting your time in counter that no value in future
For the person who waiting capital repayment . I can say that don't waste ur time . Hdbs sure will acquire a new business . I think the new business income will effect from next year .. It will take several month to complete . So I will waiting for it .
The cash position per share is between Rm 2.30 to Rm 2.70 after dividend payout of Rm 2.50 per share, whereas x dividend of HDBS share price is adj at rm 1.94.
today share price decline is caused by short term investors (who buy to purely get the RM2.50 dividend) ... value investors should hold on to fully realize the value of HDBS
Don't worry hwang sure will going up to rm2 . Now many hiding buyer ... They start collect this share .. Come on hwang faster go up to rm2 then go to rm3 ..
More capital repayments / special dividends in the future? In the event that HDBS is not able to identify and acquire any potential businesses in the next two years, we understand that the Board of Director of HDBS has no intention to maintain the listing status. Under such circumstance, HDBS is likely to carry out capital repayment and to go through liquidation exercise for the remaining assets and to return any net cash recoverable to the shareholders.
Strong and almost all-cash (>90%) net assets of RM5.18/share (or RM2.68/share post RM2.50 special dividend). Based on our estimate, HDBS’ net assets is estimated at RM5.18/share before the distribution of special dividend. This estimate is derived from the net asset value as at end-Jan14 of RM4.01/share plus gains on disposal of RM1.17/share. On an “ex” special dividend basis, HDBS net asset value of RM2.68/share is still higher than its ex-dividend price of RM1.90.
Ah hwang please creat more buyer n seller a ... Very quiet share . No volume . Sien le . Buy more later want to sell also no buyer . The buyer q at lower price .
Further to the Company’s announcement dated 3 April 2014, the Board of Directors wishes to announce that the Company has on 6 May 2014 completed the disposal of 1,275,000 ordinary shares of RM1.00 each representing 51% equity interest in HwangDBS Vickers Research Sdn Bhd (“HDBSV”) to Alliance Investment Bank Berhad (“the Disposal”).
Pursuant to Paragraph 9.19(24) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company also wishes to announce that, following the completion of the Disposal, HDBSV has ceased to be a subsidiary of the Company.
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....
johnny cash
6,400 posts
Posted by johnny cash > 2014-04-17 19:40 |
Post removed.Why?