This 0.5c is a new proposed div for period ended 31/3/2015. The one paid in March was the first interim single-tier dividend of 5% per share at par value. Are they the same?
azie99 : pls read the quarterly report in detail, thanks :
DIVIDEND PAID/ DECLARED During the financial period ended 31 March 2015, the Company had declared a first interim single tier dividend of 5% per share at par value (equivalent to 0.5 sen per share) in respect of financial year ending 31 December 2015, amounting to RM1,029,000 which was paid on 31 March 2015.
Unlikely to break below 70sen as its the best support currently. I expect the price to hover btw 70-80sen in short to medium term until the bonus issue is completed by August 2015
today open low (-2.5 sen) is to force the day trade or margin gamer to sell or cut loss. This is to reduce the resistance of share to fly further in future. make sense??? :)
RosmahMansur, one question is always in my mind. Can you be kind enough to explain to me how does our share market's bidding system works during the time 16:44:59 till 16:50:00. Why the transacted price, at times, is not the buyer's or seller's bids. What is theoretical price? How is it being calculated and why it must be calculated? Does it not defeating the intention of of willing buyer and willing seller? Would any person be unfairly taken the advantage of such (seemingly baffling) bidding system?
I had asked numerous stock broking agents and remisiers but no one give me a satisfactory answer.
Regarding your question, i had tried to understand it. Below is my most logical answer:
Btw 1645:00 to 1644:59 Hours, this period is called the best buy / best sell period. The best buyer bid will usually get the price to be transacted as the closing price. However, it also depends on the amount of sellers and the price of sellers.
Usually during this period, u will see ridiculous pricing btw the bidders and ask. These are constructed to show ppl's interest in getting the piece of stock ( or selling it). However, these bidders and askers can be fake as they usually are masked by those stock operators trying to push the price higher or lower before closing. They will emerge as suddent enourmous amount of buyers at very high price when the price at 1644hours was low. This will lead to us small fried to think that there really are genuine buyers then. However, when the bidding is about to end at 1650hours, these buyers ( or sellers) can suddenly disappear and u who had placed yr orders will be trapped.
These two days were just a panic selling after PM announced the 11th Malaysia Plan. If a company's fundamental is strong, then it won't have much impact, will climb back soon.
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....
pputeh
698 posts
Posted by pputeh > 2015-05-18 20:21 | Report Abuse
What no dividends? I thought I saw 0.5 sen div