T_s.. under normal circumstances.. bonus issue proposals are usually accepted. You can wait after the 3rd of next month (EGM) if you think its risky to assume the proposals will be accepted ya..
Note: calvintaneng.. you dont have to write an article on Gadang and stop promoting Bpuri coz I'll never look at it ok..
come on... tksw.. u see the index also going down.. ofcoz people worry will take profit la..because this China keep devaluing their renmibi.. country like malaysia ofcoz will feel the sentiment of it..
There is no reason a value investor would avoid Gadang at this moment. It is at a very good buying state. Net profit of last two quarters are better than that of the last year (2016Q2 > 2015Q2, and 2016Q1 > 2015Q1), meaning the ROE of 2016 is likely higher than of 2015. ROE has been increasing since 2013, as counting from 2015: 19.95 > 15.79 > 14.46 > 7.77. Most importantly, the DPS has been increasing as well, which is a sign of the dominant advantage of its current scale of operation in the field (more money to be distributed to shareholders means no reinvestment of profit into expansion needed to achieve the sustainable future growth). DPS has been growing since 2013, counting from 2015: 7 > 5 > 4 > 3 cents. The price chart has shown bullish coiled pattern too. We could actually just buy it now (or continue to accumulate), for a happy profit taking 3 months later or more.
Type of Meeting Extraordinary General Meeting Indicator Notice of Meeting Description (i) Proposed Share Split; (ii) Proposed Bonus Issue of Shares; (iii) Proposed Bonus Issue of Warrants; (iv) Proposed ESOS; (v) Proposed Increase in Authorised Share Capital; and (vi) Proposed Amendments Date of Meeting 03 Nov 2016 Time 11:30 AM Venue Ballroom 1, First Floor Sime Darby Convention Centre 1A Jalan Bukit Kiara 1 60000 Kuala Lumpur Date of General Meeting Record of Depositors 27 Oct 2016
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....
The One •
2,949 posts
Posted by The One • > 2016-10-10 11:31 | Report Abuse
Agreed.. no reason to sell ya.. gluck all..