Posted by Unfair > 2018-08-21 17:53 | Report Abuse

Selangor state can takeover Splash for RM 2.55 billion why not Johor state? Is it Johor belong to BN?

Posted by geary > 2018-08-21 18:03 | Report Abuse

Wow...RM 2.55 Billion...how many IPP can be built...you just imagine...why must hold on to this asset that give low profit margin...or not at all...!!!...GL.

Posted by hollandking > 2018-08-21 18:05 | Report Abuse

the dividend is not sustainable, look at the dividend % of the income. There's an example, they relocate their HQ, and just that small action, they didn't pay dividend for that period of time. If they go on an extensive business expansion, the dividend most likely will be cut.

Posted by hollandking > 2018-08-21 18:06 | Report Abuse

another thing, this saj ranhill don't have water asset anymore, what it have is water concession agreement and this agreement is subjected to review, I forgotten how many years.

Posted by geary > 2018-08-21 18:12 | Report Abuse

@hollandking... good dividend payout ratio of 40 to 60% is the best. But for utility, telco, n others that can generate good cash flow every quarter... probably they can manage to payout at least 75% of its earnings. Of course building an IPP needs lot of money in the first place...but the recurring income will be consistent n sustainable. TQ.

Posted by shortinvestor77 > 2018-08-21 21:12 | Report Abuse

We wish to announce that today, we have been advised by the counsel for Ranhill Water Technologies (Cayman) Ltd (“RWTC”) that the claims have been dropped by Wahtoting Holding Limited (“Claimant”).
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5890173

Posted by smartag > 2018-08-21 21:28 | Report Abuse

Bought 0.86 last year, hold until now, luckily not sell.

Posted by shortinvestor77 > 2018-08-21 21:45 | Report Abuse

http://www.theedgemarkets.com/article/rm1276m-suit-against-ranhill-unit-dropped

Posted by Cockroach Paul Lee > 2018-08-21 21:46 | Report Abuse

kanasai....post early a bit ma.....i all in !
lol

Posted by shortinvestor77 > 2018-08-21 22:01 | Report Abuse

Thu open at 0.81 for Exdate. Then up again for this good new.

Posted by txfs > 2018-08-22 11:51 | Report Abuse

Ranhill is a conservative dividend stock. I see no problem for Ranhill concession get renewed every three year because they are doing a good job in operating and maintaining the water asset. Johor has lowest Non Revenue Water because of the good management. It is very hard for the government to start a new water utility company because of the distribution channel, personnel in place and high operating cost. If you look at capital expenditure, Ranhill spent a lot of money to maintain the water asset for example water treatment, pipeline maintenance and lowering NRW. They are not earning excessive return on the water concession. Hence, it is better for the government to let Ranhill continue to operate the water concession.

On the other hand, if the government want to buyout the company, they will need to pay a reasonable sum of money to ensure smooth takeover, like what happened in Selangor SPLASH.

Posted by txfs > 2018-08-22 11:53 | Report Abuse

Assume that Ranhill continue to pay dividend in the last quarter like 2017 and 2016, the dividend per share this year is at least 7sen to 8sen.

Posted by Cockroach Paul Lee > 2018-08-22 18:52 | Report Abuse

congratulation and good luck.

Posted by rlch > 2018-08-23 06:15 | Report Abuse

MyEg QR, div worse than Ranhill why worth 50 sen more? Crooks in Bursa control Ranhill going up too high? Why?

Posted by nuke > 2018-08-23 09:16 | Report Abuse

Tue closing price was 8.30. This morning shows closing price was 8.10. I call this market manipulation.

Posted by nuke > 2018-08-23 09:17 | Report Abuse

Typo. 0.83 and now 0.81.

Posted by shortinvestor77 > 2018-08-23 09:32 | Report Abuse

No typo nuke. It went Ex today means you get 2 cents dividend soon. So price must adjust 2 cents down.

Posted by rlch > 2018-08-23 09:45 | Report Abuse

Why good news still drop? How abt Johor state govn takeover news?

Posted by rlch > 2018-08-23 09:47 | Report Abuse

PH must be fair for people to trust them. If Selangor water state can takeover why not Johor as well?

Posted by shortinvestor77 > 2018-08-23 10:49 | Report Abuse

Johor Gov will take over. Just a matter of time.

Posted by sheep > 2018-08-23 11:16 | Report Abuse

haha, nta only 60+. goreng kaki goreng lagi. wakaka

Posted by nuke > 2018-08-23 11:23 | Report Abuse

@shortinv77: Tq for clarifying.:)

Posted by shortinvestor77 > 2018-08-23 11:24 | Report Abuse

That one was the value in 2016. Reevaluation of assets will be much more. Ability to make money is the crucial point of its market value. Especially Johor Gov wants to take it over SAJ Ranhill creates high demand value.

Posted by shortinvestor77 > 2018-08-23 11:29 | Report Abuse

My pleasure, nuke.

Posted by quest > 2018-08-23 11:42 | Report Abuse

today is the ex date, so be ready for the 2 sen down tomorrow, those who wants to buy cheaper can wait for tomorrow as price expected to go down.

Posted by Benthen106 > 2018-08-23 12:00 | Report Abuse

Adjusted 2 cents already 0.83 - 0.81

Posted by pakatan_harapan2 > 2018-08-23 16:22 | Report Abuse

PH means RM 1-1.5 Ranhill ada harapan?

Posted by shahru > 2018-08-23 16:35 | Report Abuse

take profit first @0.82

Posted by pakatan_harapan2 > 2018-08-23 16:42 | Report Abuse

Why so fast? Let RM 1 come first.

Posted by DW wong > 2018-08-24 00:13 | Report Abuse

take profit....and wait for next round

Posted by PH_Govn > 2018-08-24 04:10 | Report Abuse

I own many counters. I remember KYY also own it. Can some1 volunteer to show KYY as top 30 shareholders in Ranhill?

Posted by PH_Govn > 2018-08-24 04:12 | Report Abuse

4 sen dividend so far in 2018. Another 1-2 sen next 4 months so total 5-6 sen? Which bank give 7% FD?

Posted by txfs > 2018-08-24 08:21 | Report Abuse

Ranhill had paid a total of 6 sen dividend this year. If they continue to pay at last quarter like what they did in 2017 and 2016, the total dividend per share will be at least 7 to 8 sen.

Posted by txfs > 2018-08-24 08:22 | Report Abuse

At today price of RM0.81, 7sen dividend will bring a yield of 8.6% while 8sen dividend will bring a yield of 9.9%.

Posted by Good_News > 2018-08-24 11:23 | Report Abuse

QR still better than Malakoff(also IPP) why must drop?

Posted by txfs > 2018-08-24 11:32 | Report Abuse

Be patient, Ranhill is a conservative dividend stock. It will not have big up movement, but will bring you 8.6% to 9.9% dividend yield at today price(assuming another dividend at last quarter). I believe that Mr Koon bought it because it has met his stock selection rule.

Posted by sheep > 2018-08-26 13:19 | Report Abuse

water contract only till 2020.
After that, PH johor gov can terminate and give it to new co or bargain for lower price. now new gov making saving for rakyat. not like the former pencuri gov giving it to cronies.

Posted by johorean8 > 2018-08-26 13:58 | Report Abuse

What new company? Who are they? Are they reliable to ensure no water cut? At least Johor water supply more reliable unlike those in Selangor.

Posted by shortinvestor77 > 2018-08-26 14:18 | Report Abuse

Right. Ensure no worse to come as rakyat will through PH from power when disappointed. Talk is easy, do cannot.

Posted by shortinvestor77 > 2018-08-26 14:23 | Report Abuse

If license is stopped, no body can take over the work. Still the water properties are belong to Ranhill SAJ, Johor Gov needs to buy it first before they are run the show (to maintain) . Now Ranhill is owning and maintaining. License is just for maintaining (supplying).

Posted by ivan9511 > 2018-08-26 14:30 | Report Abuse

from 65 up to 80sen
no compliant , I still earn big money from Ranhil
And aagain while 68sen I alreday said limit upppppppppppppp and also need to say :
I comfirn limit upppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp

Posted by shortinvestor77 > 2018-08-26 14:31 | Report Abuse

That's why former Johor government just renewed its licence as they knew they could not do the job well as Ranhill. In deed, they knew nothing in this water business. They could only mess the situation.

Posted by txfs > 2018-08-26 20:41 | Report Abuse

At RM0.80 per share, 7sen dividend will bring a yield of 8.75% while 8sen dividend will bring a yield of 10%

Posted by apolloang > 2018-08-26 20:45 | Report Abuse

can give 8.75% for how long? 5 years or 10 years? if like that all the banks no need to lend people money and all can sailang themselves lah

Posted by shortinvestor77 > 2018-08-26 21:38 | Report Abuse

Most important is now (this year) can first (no body know future that is far away) , based on its track record. If bank interest is lowed down to 3% from 3.25% due to deflation or just maintained, don't see why you don't invest in Ranhill.

Posted by apolloang > 2018-08-26 21:40 | Report Abuse

msniaga also have a good history of good dividends but now become like what? same as nylex

Posted by shortinvestor77 > 2018-08-26 21:42 | Report Abuse

msniaga is a past history. Ranhill is a new star. can't you see that? How to invest? You invest in worse business or grow business?

Posted by Xiiao Ming > 2018-08-26 21:49 | Report Abuse

hi Calvin hw abt MKLAND?

Posted by Cockroach Paul Lee > 2018-08-28 12:14 | Report Abuse

almost same price with Hevea liao.... hahaha
gogogo

Posted by MoneyMachineGun > 2018-08-29 23:47 | Report Abuse

another goreng stock from kyy the conman just becareful before kyy starts dumping like no tomorrow typical old conman