IMPORTANT RELEVANT DATES AND TIMES: -Entitlement Date :
Monday, 8 March 2021 at 5.00 p.m. Last date and time for: Sale of provisional allotment of rights : Monday, 15 March 2021 at 5.00 p.m. Transfer of provisional allotment of rights : Wednesday, 17 March 2021 at 4.30 p.m.
Acceptance and payment : Tuesday, 23 March 2021 at 5.00 p.m. Excess application and payment : Tuesday, 23 March 2021 at 5.00 p.m.
Basing to P.E.'s high visible order book of $1946m on hand; while still participating to bid further tenders amounting to $815m , will keep pansar busy for at least 3years.
Thus, pansar's F.V. shud be around [$0.750(at least) to $1.10]. Somemore, the infra and construction out looks in the sarawak state to remain robustly with the kalimantan new capital city to be inked by the capitol of indonesia country- jakarta.
Given P.E.'s (the construction arm) credibility and capacity being the top construction player in the sarawak state, the segment deserve a (15 to 19) times price to its earning .
die lo, u ask venfx then follow go Holland he is long term 10+ years investor, he invest for dividen not price up. See he holding Carepls and Supermx can knew. earn dividen but cant cover price drop
The best solution/method of investing in Pansar now is to sell the mother share(ordinary share) and replace it with preference share(PA) as you instantly profited/saved about 40 percent by exchanging to ordinary shares after 3 years and earn above 4 percent dividend annually. This is an opportunity you have to make if you are going to keep/invest in Pansar for long term. This is called arbitraration. If you dont want a swab/exchange to PA then you just have to hope for the best in its financial standing quarterly.
/'blacksails good point and thanks for sharing. I have bought some warrants at .14 and sold at .17. To hold the preference shares for three years is not my cup of tea. Tq also venfx
Pansar PA cheapest proxy for Sarawak election/ construction theme play While, Pansar-wa given its 2.17 years to expiry and currently 4.0 gearing ratio looks attractively at 0.180
Personally I ll go ether one above vs the mother share which currently traded at 0.750
Entitlement subject Others Entitlement description Preferential dividend of 2.12 sen or 4% per annum per Redeemable Convertible Preference Share (RCPS) in respect of the financial year ended 31 March 2022 Ex-Date 12 Aug 2022
@AlfI3 Sorry, didn't see your post. We received the 4% in Aug/Sep last year. Think the higher status of East Malaysia means good things for Pansar and so for us shareholders!
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....
VenFx
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Posted by VenFx > 2021-03-21 10:04 | Report Abuse
IMPORTANT RELEVANT DATES AND TIMES:
-Entitlement Date :
Monday, 8 March 2021 at 5.00 p.m.
Last date and time for:
Sale of provisional allotment of rights : Monday, 15 March 2021 at 5.00 p.m.
Transfer of provisional allotment of rights : Wednesday, 17 March 2021 at 4.30 p.m.
Acceptance and payment : Tuesday, 23 March 2021 at 5.00 p.m.
Excess application and payment : Tuesday, 23 March 2021 at 5.00 p.m.