国阵不倒,华教没希望.

Moving up to 4-week high, finally.

Time to accumulate when it drops.

Almost 3 months and no news??

Refinance PLUS use Margin Account, best leverage. Anyone want to refinance, can look for me at chong@chongkonghui.com

To impose 3rd housing loan LTV of
max 50% or lower, then it will be effective.

The Board of Directors of Boustead REIT Managers Sdn Bhd (“Manager”) wishes to announce that it has today received a letter dated 16 July 2013 (“SUR Proposal Letter”) from Boustead Plantations Berhad (“BPB”), a major unitholder of the Fund, requesting the Manager to undertake the following corporate exercises:

(i) proposed amendment to the relevant clauses in the trust deed dated 11 December 2006 (amended and restated on 3 September 2009) (“Trust Deed”), executed between CIMB Islamic Trustee Berhad (“Trustee”) and the Manager, constituting the Fund to allow the following:

the implementation of the Proposed SUR (as defined below); and
the conversion of the Fund to a private trust which sole beneficiary shall be BPB.

(collectively referred to as “Proposed Amendment”);

(ii) proposed selective unit redemption exercise, involving the redemption of all undivided interest in the Fund as constituted by the Trust Deed (“Units”) held by the Fund’s unitholders (save and except for the Units held by BPB) and the corresponding cash repayment of RM1.90 per Unit to the Fund’s unitholders (excluding BPB) (“Proposed SUR”); and

(iii) proposed special dividend of RM0.20 per Unit to all unitholders (including BPB) of the Fund (“Special Dividend”).

(the Proposed Amendment, Proposed SUR and Special Dividend are collectively referred to as the “Proposals”).

The cash payment under the Proposed SUR and the Special Dividend will collectively amount to RM2.10 per Unit.

The Board of Directors of the Manager, save for the Interested Directors (as defined in Section 6 of the SUR Proposal Letter), will deliberate on the Proposals and decide on the next course of action.

Further announcement(s) on the above matter will be made in due course.

Please refer to the attached SUR Proposal Letter for further information on the Proposals.

Excellent.

Low ROE, LOW/Zero DY, High PE. Good thing about it, high NTA.

Property counter with lots of land, price don't move much. Eg. EUPE.

Par value RM1.00 thus,7 % = 7 cents.

average down at RM1.70

company pay less tax and rakyat pays more...

逢高必跌

can collect if below RM1.00

to shake out the punters whom can't hold long after recent hike to RM1.59

Don't catch a falling knife.

Buy when it drops.

FAVCO is not an O&G counter.

Time to accumulate before it shot up again??

Buy Retail REIT instead of Office REIT.

Good counter but "Beware" of high DY trap.

kcchongnz, I guess basically you mean can ignore their report which is not reliable and/or not up to par.

Read and reread as reminder.

Went in at RM1.81 for 7 Sen dividend....

PBB reduced the TP from RM3.21 to RM2.45... any implication?

expecting bear coming?

A Low margin business...

Excellent sharing...

Based on past records, dividend will be mentioned in May (Quarter results), fixing book closure date in August and paid in September.

Am expecting 10 sen per share....

Don't worry about buy-back, it can only be done up to 10% of share capital issued, now is 4.58%...

Sure no price hike, already bad demand, how to increase price...

Dear iafx,

BN Talks caring, Act different.

BN said No Corruption, only Buy expensive.

No need to audit the numbers, we are not blind to understand it is achievable without the extreme corruption.

FIMACORP up 2% today.

Will buying KFIMA better?

I miss FAVCO, sold too early. Will not repeat the same for KFIMA.

haha... sold all too fast before 1.75.
look like the price will go back below 1.70 once volume subside...

be careful of the trap... don't simply claim if not sure.

May go in below RM2.30...

I think share buyback is good news for retail investor.

life is boring so some watch horror movie and some argue in forum.

My average cost RM0.659x ha ha.... holding so long for penny.

Capital repayment means after received 65sen I still hold the share (in a listed company with some cash and business)??

Price were press so low and even rebounced now still at paperloss. Really kena makan by the big shark.

I miss the boat, again...

Share buyback last year average RM0.63

Director buying this year RM0.5x...

Why stop share buy back when price is 10% lower than last year buyback price?

保险=分散风险

As at 31.12.2012, the net cash per share only RM0.918 (RM246m/267.972m shares).

hey, GARK, are you sure RM1.10 net cash per share?

KFIMA at 1.8x is too expensive? may be anbz can enlighten us with more details.... or he is collecting and hope no competitor.

We have many ignore and ignorance.

For Mr. AlbertLim's comment, sound like he means "Government always do the right things (and probably do the thing right)."

Which I don't quite agree.... Mr. CP Teh may be trying and working hard for reader's support but I don't see fabrication of facts or twisting of truth...