https://www.thestar.com.my/news/nation/2018/03/09/ec-submits-final-report-on-redelineation-to-pm/

Now I m hoping more Malakoff land sales to sustain its div yield

Yup, they do give good div yield as their price doesn’t change much from IPO those days.

If u were to stay on, u would have earn more... unless u r those tht let go at 1.78-1.80

With the production for Jan and Feb. Q118 won’t be as good as Q417?

AffinHwang is among the best in the industry, Hai-O is managed by them too, don’t think it’s error... perhaps like u say, dedak... hahaha...

Could MRCB price affected by the fact tht general elections will not be so soon? Noticed it’s price goes up whnever there are good news on elections coming

Contrarian, I checked bursa approval on bonus issue for other Corp for the past 3 months, all averaging 2 weeks from submission date, just don’t know wht happen...Anyway, it’s academic now...

Timing of the Feb production announcement

BP is smart to time their announcement... Feb production is 68k MT compared to Jan 83k MT

Anyway, Step 2 completed

Q3 announcement says to be completed in Q118, Q4 announcement says to be completed in Q218. Goal Post shifted.

chan, i share facts, based on facts, i come out with possible scenarios... its for all to consider, somehow, someone cant take it (coz invest blindly)... for the rest, its just part of their calculated risk...

ppl like J who nvr read FS and study fundamental before invest will sure burn money

today is last day for cum div

Reality is bonus issue delayed for unknown reason... Have u checked their Q3 and Q4 announcement? Did u noticed they change the expected bonus issue completion date??? Rumour mongers, my foot!!!

J, am just telling facts, do u think retail investors will move the market? Try survey other counters and u will understand..

My concern is, after 2 months approval still yet to get. No approval, no EGM...

strange, approval should have come long time ago thn... coz timing of EGM is flexible...

Issue is the timing... why submit bonus proposal to bursa on 28 Dec knowing its not going to be so soon? I don't know if there is a time frame given by bursa to conduct EGM for bonus issue upon approval, but if there are no time frame, approval from bursa should have been obtained earlier...

calvinteng, it can also be the following:-

MASSIVE
RESOURCES
CHARGING
BEAR

Sorry have to repost this again...

Timeline from Hai-O as follows:-

Step 1- 25 Jan 2017 Proposals has been submitted to Bursa Securities
Step 2- 17 Feb 2017 Obtained approval from Bursa Securities
Step 3- 23 Feb 2017 EGM notice circulated
Step 4- 15 Mar 2017 EGM conducted and bonus issue approved by shareholders
Step 5- 31 Mar 2017 Bonus issue listed

Hence, it takes around 2 months from the date of submission to bursa (Step 1) to Listing of bonus (Step 5).

BP submitted the proposal on 28 Dec (Step 1), now 2 months passed, not even proceed to Step 2.

if Sabah land fail, straight lost deposit of RM75mil...

hence, BP have even yet to complete step 2, cant proceed to step 3 to call EGM

25 Jan 2017 Proposals has been submitted to Bursa Securities
17 Feb 2017 Obtained approval from Bursa Securities
23 Feb 2017 EGM notice circulated
15 Mar 2017 EGM conducted and bonus issue approved by shareholders
31 Mar 2017 Bonus issue listed

I think is the other way round, bursa must approve 1st thn only EGM can be called. Else, not logical to submit to bursa on 28 Dec. Intention was to call for EGM upon receiving bursa approval... you can refer to Hai-O bonus issue timeline in 2017...

Wht happen to this counter? Fed up of average down my purchase price already...

Dow Jones expected to drop by 260 pts in the opening hours...

it wont happen overnight, china envoy already promised to get palm oil from Malaysia, but they a having some stock pile at the moment, wait till stockpile low, thn demand will ramp up... again, this takes time...

The above is known facts, already published, market already absorbed this info..

chan9301, i have no idea... but normally bursa approval have to come first... else, wht is the point they submit on 28 Dec? 2 possibilities might happen, bursa require them to have EGM on this or bursa asked them to finalise the sabah land purchase. coz if the sabah land fail to materialize, they will have to pay dividend instead of issue bonus... my 2 cents...

Dow Jones is expected to drop by 370 pts at opening tonight... expect some programmed sale soon..

anything higher thn that to me is a price variance risk

actually the fair price for BP is around RM1.72... RM1.72 being RM1.69 (Price before dividend announcement)+ Dividend RM0.04. The balance negative RM0.01 is due to drop in palm oil prices in the past 2 weeks due to increase in India tariff and lower China purchase as well as funding cost between now till actual dividend payout date... my 2 cents...

I3lurker, apparently ur English proficiency is bad, I don’t blame u. Anyway, ur words lack credibility. Only soh chai trust u... it’s best to ignore u

if ppl follow wht calvin or i3lurker says, can go dutch d, in fact, how many times u can average down if market keep on falling?

keep in view US market today, if not good, it might test RM1 tomorrow, upon which will see some support at that level... my 2 cents... good luck to all...

Player's bluff have been unmasked, sudden withdrawal of buyers at RM1.75

Should end today at RM1.03, good luck and invest with caution ya...

i3lurker, you still have yet to define "extremely profitable"

Hang Seng drop 700pts

Trendd, no la, EDL negotiation won't cancel, gov will want face, at most deadlock on the details of compensation...

i3lurker, how do u define "extremely profitable"?

btw, in long term, US tariff on steel will push down the costs for construction, thus benefits construction industry slightly... but whn this happen, general elections already ended... and market corrections later will cloud this positive impact... btw, what happen to the EDL negotiation?

once it hits RM1, should have some buying power coming in... in the mean time, its best to wait... general elections long time more...

whn RM20 is coming back?

Based on US Pre Market indicators, US market will be down for today... but who knows, since its so volatile, might turn positive... fingers crossed...

Noticed there is a trending of institutional buyers going for "safe heaven" shares like BP during market down, evidenced for the past 3 days. But once market back normal, BP selldown will happen... you can refer to BStead, although BStead is majority holder of BP, but BStead price is falling, which is consistent with overall bursa... BP is showing the opposite and despite the -ve news on palm oil market... just my 2 cents... so, invest with caution...

RM1 coming very soon...

imposing tariff is a measure to protect local market, WE also impose tariff to protect our market, one of it, cars.... being a bully is to invade others market, protecting own is not... Eg. By encouraging to sales of local raw material... how to classify them as bully? Dumping crude oil at the world market...