propose to declare a special dividend of approximately of 5.529 M . (after full conversion of icps ,total number of shares :257M)--> more than 2c or 2c +
Let said you buy at 0.315 assume ex date drop down 0.28 you still losing money that is hundred of good stock in our market why wasted time for this rubbish >>>
MJPerak foray into the renewable energy is not a new thing to the group. It had on 2014 obtained the approval to build and operate a 1MW hydro electric plant in Perak, in which it had started commencing operation in 2015. With the continuous effort in the country to bring in more renewable energy in the growing energy demand, the demand of renewable energy is still there.
MJPerak will continue to expand heavily in the sector in order to create a reliable recurring income in nature for the group in the long run. The renewable energy project will include hydro electric, biomass and solar plant. As of 2014, the group had vested more than RM 10 million into the purchasing and preparation of the solar farm. While the capacity is still unknown, MJPerak could be looking into operating a 1MW to 3MW solar farm soon.
Amprop is a good example of a developer cum solar farm player in the market. Currently, Amprop is operating a 10.25 MW solar farm which had been providing steady recurring income to the group. Is MJPerak share price going to follow suit what had been in Amprop?
This stock was trading @ 40-42 with high volume when there was talk of land sale n dividend of 5cts. Many bot @ this price n r holding for price to move up.Directors knows that n hoping for panic sellers to collect. Now land sold where is d dividend perhaps have to wait for next Agm. They have huge chunk of land n d value have not been unlocked, Nta value expected about 2.70 shd d value unlocked.They r also on renewable energy hence just wait for some posotive news i know many collected @ 40 waiting to dispose. Now go n buy "Borneo Oil" on d spot.
MJPerak will continue to expand heavily in the sector in order to create a reliable recurring income in nature for the group in the long run. The renewable energy project will include hydro electric, biomass and solar plant. As of 2014, the group had vested more than RM 10 million into the purchasing and preparation of the solar farm. While the capacity is still unknown, MJPerak could be looking into operating a 1MW to 3MW solar farm soon.
Amprop is a good example of a developer cum solar farm player in the market. Currently, Amprop is operating a 10.25 MW solar farm which had been providing steady recurring income to the group. Is MJPerak share price going to follow suit what had been in Amprop?
Those invested r waiting for news on d so called dividend.They r on renewable energy which generates money so probably some cooperate news + dividend one big wave coming...ha ha in "dreamland"...dont belief me!
MJPerak will be an interesting company in the coming days based on - Good land banking in Perak - Windfall profit land sale to sought approval in the coming AGM - Concentration on renewable energy project for the company recurring income - Huge revaluation reserve in the company investment property portfolio as well as development land. The latest 5000 acres Agricultural Land that is proposed to be disposed could reflect it's valuation increase in the coming quarterly result. - Trading at more than 80% discount from it's RNAV of RM 2.60 - Insider accumulation of mother share through conversion of ICPS in a considerable premium - Potential special one off dividend from land sale profit
MjPerak have commercial building and complexes that had yet to be revalued since 1987. According to the current market valuation, MJPerak NTA can be looking at RM 2.60 per share (as of current outstanding share of 184.8 million shares).
1. Special dividend ~ 3 cents (still pending announcement ). Yield around 9%. Much better than bank. This is special payout from land sale. Refer my previous post. 2. Assets player with huge land and still carry history value. Market value can be surprising. 3. Price now in wave 1 ( my definition ). Quite and consolidate. Minimum risk of margin of safety 4. Rumours of PERAK CORPORATION take over.
If rumours comes true of take over by Perak Corp then property have to be revalued then share price snow ball to 2.60, sounds great but reality......?!!!
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....
Paperplane4444
95 posts
Posted by Paperplane4444 > 2016-04-07 23:33 | Report Abuse
Waukakaka you're right >> PAPERPLANE 4444 <<