Teck Ng

1611627058848801 | Joined since 2017-07-03

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Stock

2019-05-31 20:33 | Report Abuse

Maybank gives the best dividend yield among banks, about 6% per annum based on current price.

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2019-05-31 20:31 | Report Abuse

Just wait till early September, another dividend of 25 sen can be expected.

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2017-11-15 19:37 | Report Abuse

May I suggest to those retail investors who are still holding Jaycorp shares. Unless you do not have holding power, do not sell Jaycorp shares now. Wait until the company issues the Notice of Closure of 6 sen final dividend which is expected to be issued next week. Once the Notice of Closure of dividend is issued, investors will rush in to buy the share and push up the price. With a dividend of 6 sen which has been proposed, the dividend yield is about 4% based on latest closing price.

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2017-09-07 13:29 | Report Abuse

The set of financial results for the first half of the year issued on 28 August 2017 differed from those issued on 29 August 2017. The EPS of the second quarter showed an improvement Year on Year from the results issued on 29 August 2017 while the EPS of the second quarter showed a decline Year on Year from the results issued on 28 August 2017. No wonder when the financial result of the first half was issued on 28 August 2017, investors dumped the stock. If based on the revised result issued on 29 August 2017, then it makes sense to hold or add this stock in the portfolio. What a fumble on the part of Tongher to issue different sets of financial results on 28 and 29 August 2017.

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2017-08-10 19:34 | Report Abuse

Dividend payable on 8 September 2017.

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2017-08-10 19:25 | Report Abuse

PChem first half FY 2017 EPS up to 28 sen compared to 13 sen in the corresponding period in FY2016. Interim dividend is 12 sen against 7 sen for the same period last year.

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2017-07-06 18:38 | Report Abuse

Yes, 7 sen is a good dividend yield of 4.9% against today Closing Price of RM1.43. Much better than FD rate.

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2017-07-05 22:28 | Report Abuse

If you are still holding Tambun shares which you have bought at a price higher than the latest closing price of RM1.42, do not panic and do not sell the shares now. If you sell, you will suffer irrecoverable capital loss as well as sacrifice the 7 sen dividend already approved by at the AGM on 18 May 2017. Wait for the issuance of Notice of Closure of the 7 sen dividend which is equivalent to a dividend yield of 4.93%. Once the Notice of Closure of dividend is issued through Bursa website after trading hours and release through the Press the next day, investors attracted by the high dividend yield (better than FD rate) will rush in to buy the share and push up its price. Only then, you may want to consider selling the shares before the ex-dividend date or hold them to be eligible for the dividend payment.

The recent experience of UOADev share price is good lesson of the need to wait until the issuance of Notice of Closure. When UOADev released its recent first FY quarter results, the EPS declined significantly against its preceding quarter results. Some investors panicked and sell down the stock, either knowingly or unknowingly sacrificing UOADev AGM approved 15 sen dividend (a yield of more than 5%). In the day trading session before the Notice of Closure was issued in the evening after trading hours, the share price dropped by 11 sen. Immediately the day after the Issuance of Notice of Closure of the 15 sen dividend, investors rushed in to buy the stock, leading to a 12 sen rise in the price of UOADev share. Consider my suggestion: do not sell your Tambun shares now. Instead wait until the Notice of Closure of dividend is issued. Only then you can either consider to sell or take up the dividend.

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2017-07-03 23:31 | Report Abuse

Despite a drop in sales revenue, Tambun EPS of 5.61 sen for the first quarter ending March 2017 was higher than the corresponding quarter in 2016, due to better profit margin and rental income. If we annualize the first quarter EPS, Tambun PE ratio is attractively low at less than 6.5 times. It has the capacity to pay good dividend, if current EPS can be maintained. An analyst opined, sales revenue could improve in the second quarter, as the number of bank loan approvals could be higher. Invest at your own risk, best of luck.

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2017-07-03 22:35 | Report Abuse

Normally upon the issuance of Notice of Closure of Dividend after trading hours, there will be a rush to buy the share the next morning and push up the price if the dividend yield is attractive. Not many investors are aware that Tambun AGM has approved a final dividend of 7 sen, giving a yield of 4.93% based on latest closing price of RM1.42. In November it is expected to give an interim dividend of 3 sen., making a total annual payment of 10 sen or a dividend yield of 7%.

In 2016, the Notice of Closure was issued on 7 June (Tuesday), while in 2015, it was issued on 30 June (Tuesday). However, in 2014, it was issued as late as 19 August (Tuesday). It is possible that the Notice of Closure could be issued after trading hours tomorrow (Tuesday). Once the Notice of Closure is issued, the price of Tambun could turn upward, just as in the past, as well as in the case of UOADev shares.

Let us hope Tambun will issue the Notice of Closure for the final dividend as soon as possible, hopefully tomorrow evening, so that we could reap some profits especially for those of us who have accumulated the shares on it s recent downturn.