Posted by murali > 2015-08-07 09:27 | Report Abuse

Their balance sheet shows they are less likely to do so...unless got donation...

Posted by murali > 2015-08-07 09:28 | Report Abuse

After having stayed here for so many years, everything is possible in Bolehland

Posted by cm > 2015-08-07 09:29 | Report Abuse

haha...what a good explanation for DONATION

Posted by smartly > 2015-08-07 09:38 | Report Abuse

cabut liao

Posted by smartly > 2015-08-07 09:40 | Report Abuse

enough for 2 weeks lunch money

Posted by valueinvestor000 > 2015-08-07 09:47 | Report Abuse

guys, if u check the ownership summary, the majority shareholder for this share is owned by corporation, not the public. do u think they do not want to earn money?

Posted by murali > 2015-08-07 09:57 | Report Abuse

Everybody wants to make money....no argument on that...just curious how do they get the money to pay div only....

Posted by cm > 2015-08-07 09:58 | Report Abuse

i guess they will give more shares...not in cash for special dividend...

Posted by murali > 2015-08-07 10:00 | Report Abuse

Special Dividend

EX-date 22 Sep 2015
Entitlement date 25 Sep 2015
Entitlement time 05:00 PM
Entitlement subject Special Dividend
Entitlement description Special interim single-tier dividend of 105%
Period of interest payment to
Financial Year End 31 Mar 2016
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No. 03-2264 3883
Payment date 08 Oct 2015
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 25 Sep 2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Percentage
Entitlement in Percentage (%) 105.0000
Par Value Malaysian Ringgit (MYR) 0.100

Posted by murali > 2015-08-07 10:01 | Report Abuse

Should be cash.if really got money...

Posted by hng33 > 2015-08-07 10:03 | Report Abuse

Bought RCE at 38.5sen

Posted by hng33 > 2015-08-07 10:10 | Report Abuse

Lump all capital to RCE capital, bought maximum RCE at 38.5sen

Posted by murali > 2015-08-07 10:15 | Report Abuse

C whether got amended annoucement today.

Posted by hng33 > 2015-08-07 10:47 | Report Abuse

murali

Don simply speculate and skeptical on RCE special dividend, it already HIGHLIGHT very clearly in its latest financial result..amount of cash to be payout, 10.5sen is clearly matching the amount of share.

On 6 August 2015,a special interim single-tier dividend of 105.0 (10.5sen)on 1,271,122,095 ordinary shares amounting to RM133,467,820, in respect of the finail year ending 31 March 2016 has been approved by the directors,payable on 8 October 2015.

Posted by murali > 2015-08-07 10:50 | Report Abuse

I knew, just that I dont see they have cash in their bal sheet...care to elaborate?

Posted by murali > 2015-08-07 10:51 | Report Abuse

Anyway I bought n sold this morning.Got free lunch n dinner for few weeks

Posted by murali > 2015-08-07 10:52 | Report Abuse

And I dont discount the possibility of donation too

Posted by Shark > 2015-08-07 10:54 | Report Abuse

will deduct from share price after ex date?

Posted by valueinvestor000 > 2015-08-07 10:55 | Report Abuse

he tried to affect others to cause panic selling so that he can buy cheaper i guess. That is why he trying to speculate and spreading negative views

Posted by sheep > 2015-08-07 10:56 | Report Abuse

sold half liow.

Posted by murali > 2015-08-07 10:59 | Report Abuse

Posted by valueinvestor000 > Aug 7, 2015 10:55 AM | Report Abuse

he tried to affect others to cause panic selling so that he can buy cheaper i guess. That is why he trying to speculate and spreading negative views

This is plain stupidity. All my figures are from Bursa. I am just throwing some questions....use your brain (if u have) to think

Posted by cm > 2015-08-07 10:59 | Report Abuse

question...it cash with deposit of bank todate only 86 million...how it going to fund the deividend payment 152 million...from loan? suspicios rite? or someone have better information?

is it possible borrow money to pay?

Posted by cm > 2015-08-07 11:01 | Report Abuse

murali is just kidding for donation...don't too sensitive...but he asking the valid financing source to fund the special dividend...

Posted by cm > 2015-08-07 11:02 | Report Abuse

hng33...NTA is not fund to measure the ability to pay cash dividend...
show me the cash capability...

Posted by murali > 2015-08-07 11:03 | Report Abuse

At least hng33 gives some point to argue. May or may not...unless they sell off some of their non current assets, say from Loan n Receivables

Non-Current Assets
Plant and equipment 10,629
Investment properties 2,467
Goodwill on consolidation 47,666
Loans and receivables 964,308
Deferred tax assets 18,453
Total Non-Current Assets 1,043

Posted by murali > 2015-08-07 11:03 | Report Abuse

Posted by cm > Aug 7, 2015 11:02 AM | Report Abuse

hng33...NTA is not fund to measure the ability to pay cash dividend...
show me the cash capability...

Agreed.

Posted by cm > 2015-08-07 11:06 | Report Abuse

dont forget they got 700 mil debt as well

Posted by hng33 > 2015-08-07 11:07 | Report Abuse

Anyhow, I 'm not going to entitle its dividend, it is short term trading purpose.

Posted by cm > 2015-08-07 11:10 | Report Abuse

Loans and receivables 964 mil (if sell)
Debt -700 mil
Cash 86 mil
Total 350 mil
after pay dividend 152 mil
balance 198 mil...

can?

Posted by hng33 > 2015-08-07 11:13 | Report Abuse

Sold back all at 39.5sen, realize intraday 1 sen/share gain :D)

Posted by murali > 2015-08-07 11:14 | Report Abuse

If only they can liquidite all their non current asset of loans n receivables lah...but then what is left with the co?

Posted by murali > 2015-08-07 11:14 | Report Abuse

Posted by hng33 > Aug 7, 2015 11:13 AM | Report Abuse

Sold back all at 39.5sen, realize intraday 1 sen/share gain :D)

Like this pandai loh, can make money is very good oredi nowadays

Posted by venomv > 2015-08-07 11:37 | Report Abuse

Don't know about you guys but a Rm120 cash dividend for a 40sen counter is a damn good deal to me !!!

Posted by yuanlong57 > 2015-08-07 11:46 | Report Abuse

Too good to be true! Go for it!

Posted by cm > 2015-08-07 11:46 | Report Abuse

let's see later what the expert advise...

Posted by tzi_smile > 2015-08-07 12:02 | Report Abuse

Experts, I need your advice. RM120 cash dividend seems like a very good deal honestly. But after giving out dividend, will the price drop?

Posted by hng33 > 2015-08-07 12:07 | Report Abuse

Bought back RCE at 39sen

Posted by yangkwang > 2015-08-07 12:40 | Report Abuse

hey! all already factored in. Looks gd but..............actually ............not so GOOD!

Posted by chyokh > 2015-08-07 12:42 | Report Abuse

120/390= 30.7% payable in Oct (3 mths) , where to find ?

Posted by newbie1234 > 2015-08-07 13:47 | Report Abuse

Newbie also campur masuk... see within this period before ex date.. the price will adjust itself higher?

Posted by hng33 > 2015-08-07 14:50 | Report Abuse

Selling at 41 sen :DD)

Posted by ckk2266 > 2015-08-07 14:55 | Report Abuse

hng33
Volatile market excellent opportunity for u to trade

Posted by hng33 > 2015-08-07 14:58 | Report Abuse

Sold off all balance RCE at 40.5sen

Posted by cm > 2015-08-07 15:01 | Report Abuse

good...at this very depressed market...still can gain

Posted by smartly > 2015-08-07 15:07 | Report Abuse

not bad hng33.

Posted by Jc > 2015-08-07 15:08 | Report Abuse

Sounds too good to be true! Looks like they have to borrow more to pay dividend. Doesn't make sense. Why borrow to pay dividend when they need the money to generate biz? My advice...Take profit!!

Posted by newbie1234 > 2015-08-07 15:12 | Report Abuse

hebat hng33

Posted by messi > 2015-08-07 15:14 | Report Abuse

No pay div say no good, pay div also say no good !!!

Posted by hng33 > 2015-08-07 15:29 | Report Abuse

Buyback RCE at 40sen

Posted by Jin Yuan > 2015-08-07 15:43 | Report Abuse

Buy buy.....