@speakup, yes this guy really is. When ex-date announced,he said limit up. It didn't happen. And now he twisted his words, saying it will hit limit up after the ex-date. If he doesn't sell by then, reckon he will cry like a baby.
Bnm reject it first dividend of 0.05 in 2014. Now is 2022 already,8x0.05=0.40 Worst of all is this 0.40 is capital reduction from it share premium, this management actually give us nothing at all. Minority need to ask management for special dividend in next year annual meeting if no special dividend declare.
If investing are formula driven, everyone will be average. MPHB successfully unlucky RM1 per ordinary share from insurance disposal, hypothetically recovered most of price we paid for the shares. Next catalyst are the plans to monetize land banks, Pengerang proposed in budget fy23 to be given special status and incentives for chemical & petrochemical is a great booster, who owned the largest land bank there?
Why exit when no debt, future is only left with upsides.
Can anyone be so sure if the share price would move up if 40sen is paid as dividend rather than capital repayment ? The share price didn’t respond may be for a different reason. Upto everyone to speculate.
Ya, it is paralyzed & in coma indeed. The cap repaymn announcement not boostering its prc performance at all. Wat a disappointment again after hibernated so many yrs
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@Endgame, there you are. Didn't I tell you that SEM is likely to hit limit up? It did not, but it has been going up and up everyday for the past ten trading days. And today it closed at 2 20.As of today I I am having a profit of 68¢ per share.
With over rm1b retain profit,I wanna believe that like other company that sell their asset, there a special dividend. I also wanna believe it's gonna declare the special dividend in November 2022 or February 2023.
Recently I passed by Hotel Flamingo at Jalan Ampang, the exterior paints was refurbished. Seems they very proactive spending the proceeds =) don't think there will be another special dividend till next big disposal .
@Endgame, you should count yourself very lucky to name yourself ENDGAME. You are being blessed with Endgame. If you don't cut loss now, you will be crying like a baby on Monday. I disposed all at 1 41 yesterday.
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chkhooju
1,706 posts
Posted by chkhooju > 2022-10-19 11:03 | Report Abuse
Affin is different.It gives special dividend. In the case of MPHBCap, it's a capital repayment. It's not a dividend. Hence it can hardly move up.