NEED FOR A MORE BALANCED VIEW.
TRUE RINGGIT VALUE INCREASING AGAINST USD WILL HIT FURNITURE EXPORTERS . ALSO TRUE THIS WILL HIT OIL PALM SHARES TOO BCOS CPO ARE ALSO EXPORTED IN USD CURRENCY. CONVERTED BACK TO RINGGIT WILL RESULT IN IN REDUCED REVENUES N LOWER PROFITS FOR OIL PALM STOCK PRICES.
SIMILIARLY WHILE EL NINO CUTS CPO SUPPLIES N INCREASES CPO PRICES, THIS WILL ALSO DAMAGE PALM TREES N CUT CPO YIELDS N OUTPUTS , RESULTING IN REDUCED SALES REVENUES N LOWER PROFITS. ALREADY SEEN IN THE DECLINING FIGURES PUBLISHED IN THE MONTHLY OUTPUT REPORTS.

PREVIOUS SUPPORT (BEFORE THE RECENT RALLY TO 1.15) WAS 0.95

CRITICAL SUPPORT @ 1.07 BROKEN.

JTIASA. SOME VIEWS THAT CPO PRICES MAY GO UP.BUT THE OUTPUTS N YIELDS WILL ALSO DECLINE. HENCE PROFITS MAY NOT RISE.FOR JTIASA ITS CPO OUTPUTS AS REPORTED VIA ITS MONTHLY REPORTS TO BURSA WERE ALREADY DECLINING QUITE SIGNIFICANTLY EVEN BEFORE EL NINO.(correct me if i am wrong but i did studied their monthly announcements). I THINK THEIR HARVESTING WERE HAMPERED BY MANPOWER SHORTAGES RESULTING IN MANY PALM OIL TREES NOT HARVESTED.
(disclaimer. my views here are only meant for info sharing. they are NOT calls to buy or sell Jtiasa shares)

JTIASA. NEED TO LOOK AT THE MONTHLY OUTPUT N HARVEST YIELD FIGURES REPORTED.SEE FOR YOURSELF. JUST BE CAUTIOUS N BE PRUDENT

PMCORP WITH ITS AGM APPROVALS FOR ALL ITS MULTIPLE PROPOSALS WILL NOW BE SMOOTH SAILING ALL THE WAY UP. THAT'S MY CONVICTION AND CONFIDENCE

MY GOOD EURO IS EURO HOLDINGS (STOCK CODE 7208)

PMCORP, THE NEXT COUNTER TO SHOOT UP ANYTIME NOW.
I HAD INVESTED A LOT IN EURO. A FEW DAYS AGO I WROTE THAT EURO'S POSITIVE CATALYSTS AND GOOD NEWS FLOWS WILL EMERGE ANYTIME NOW.
TODAY EURO'S PRICE IS SHOOTING UP ON INCREASING VOLUMES.
I PREDICT PMCORP, WITH ALL ITS POSITIVE FUNDAMENTALS, LIKE MANY HUGELY UNDERVALUED PROPERTIES (2 PIECES OF LANDS NEXT TO BRITISH HIGH COMMISSION IN JLN AMPANG, EMBASSY ROW, KL) IN HK, SPORE, ETC AND BIG WINNING INVESTMENT IN LAURA ASHLEY (WORLD RENOWN COMESTIC BRAND) WILL SHOOT UP IN ITS PRICE ANYTIME NOW

LOOKING OUT FOR INDICATIONS OF PROGRESS ON SETTING THE DATE FOR ITS 8 SEN (RM80 FOR EVERY 1000 SHARES) PAYOUT VIA CAPITAL DISTRIBUTION. GETTING NEARER

SOUND FUNDAMENTALS REMAIN INTACT. HAD CONSOLIDATED WELL PAST FEW MONTHS. POSITIVE CATALYSTS AND GOOD NEWS FLOWS EMERGING ANYTIME NOW

SO FAR ACHIEVED REASONALLY GOOD FINANCIAL RETURNS BY INVESTING IN EURO, TROPICANA AND OTHER SHARES WHERE THEIR BUSINESS MODELS ARE EASILY UNDERSTOOD BY INVESTORS.

TOO MANY UNCERTAINTIES AND THEREFORE TOO HIGH MARKET RISKS IN AVIATION SHARES. VERY HARD TO READ OR PREDICT.
SHARES SUPPORTED BY FURNITURE MAKING AND EXPORTS PLUS DIVERSIFIED INTO PROPERTY DEVT ARE PREMISED ON SIMPLE BUSINESS MODELS (EASIER TO UNDERSTAND THEIR BUSINESS OPERATIONS).

GOOD LOCATION AMIDST MATURED RESIDENTIAL AND COMMERCIAL DEVELOPMENTS BACKED BY EXCELLENT PUBLIC RAIL NETWORKS AND BEING IN THE AFFORDABLE PRICE RANGE, DEMAND FOR THIS UPCOMING APARTMENT PROJECT WILL BE GOOD.
IN A GENERALLY SOFTER PROPERTY , GOOD LOCATION SUPPORTED BY FACILITIES WILL STILL BE IN DEMAND.

2ND INTERIM DIVIDEND TO GO EX NEXT MONTH HAD BEEN CLASSIFIED AS "INTERIM" ANNOUNCED DURING THE RELEASE OF ITS 4TH QUARTER CUM FULL YEAR RESULTS FY ENDING 31/12/15. AFTER THIS INTERIM D PAYMENT, IT WILL BE ANNOUNCING IT'S 1ST QUARTER RESULTS FOR 2016. THERE ARE GOOD PROSPECTS OF ANOTHER DIVIDEND IN THE FORM "THE FINAL DIVIDEND " BEING DECLARED FOR FYE 2015.
THIS WILL REALLY MAKE CSCENIC INTO A VERY HIGH DIVIDEND YIELD STOCK.

INSIDER ASIA ANNUALLY PICKS 10 STOCKS WHICH IT ANALYSED TO PERFORM WELL.
ITS PAST YEARS' SELECTIONS HAD MOSTLY PERFORMED VERY WELL.
ITS 2016 SELECTION INCLUDE "CSCENIC". IT OCCUPIES 3RD SPOT IN ITS 10 STOCK PICKS.
CIMB INVESTMENT BANK ALSO EVALUATED IT WELL AND HAD GIVEN IT A FAIR VALUE PRICE TARGET OF 2.16.
INCREASING PROFITS AND HIGH DIVIDEND YIELDS

STRONG FUNDAMENTALS. VERY HIGH DIVIDEND YIELD AND GOING EVEN HIGHER SUPPORTED BY INCREASING PROFITS AND FREE CASH FLOWS (leading world exporter where its products dominate a niche market n where its business model is based on precision designs , quality n skills) DUE TO LOW CAPITAL EXPENDITURE (CAPEX) NEEDS THUS FREEING UP CASH FOR MORE DIVIDEND PAYOUTS.
CURRENTLY VERY UNDERVALUED . TWO ANALYSTS (including CIMB INVESTMENT BANK) give price targets of 2.06 and 2.16

BASED ON THE DIRECTORS STATEMENTS IN THEIR 4Q RESULTS RELEASED RECENTLY , THE CHERAS PROPERTY PROJECT IS SCHEDULED FOR OFFICIAL LAUNCHING THIS MONTH. AS THE LAND WAS BOUGHT MANY YEARS AGO THEIR ACQUISITION COST WOULD BE LOW. HENCE THEIR PROJECTED RM24M PROFIT. AFFORDABLY PRICED AROUND RM500,000 EACH , SHOULD SELL WELL IN A GOOD LOCATION LIKE CHERAS. VERY CLOSE TO KL CITY CENTRE AND WELL CONNECTED BY A WIDE NETWORK OF PUBLIC TRANSPORT FACILITIES INCLUDING LRT , KTM AND MRT.

EX DIVIDEND AND PAYMENTS DATES FIXED AT 28 APRIL AND 18 MAY ARE A BIT TOO FAR AWAY. HOPE DIRECTORS CAN IN FUTURE SET SUCH DIVIDEND DATES NEARER SO THAT WE DON'T HAVE TO WAIT THAT LONG.

MANY EXCITING PROSPECTS N ACTION PLANS IN EURO's CORPORATE AGENDA. TO BE KICK STARTED WITH THE LAUNCHING OF ITS MAIDEN PROPERTY PROJECT IN CHERAS. ITS READY

POSITIVE CATALYST IS THE LAUNCHING OF ITS MAIDEN PROPERTY PROJECT IN CHERAS. ALREADY A VERY MATURED RESIDENTIAL N COMMERCIAL AREA VERY CLOSE TO KL CITY CENTRE, WELL SERVED BY PUBLIC TRANSPORT INCLUDING KTM , LRT N UPCOMING MRT, ITS AFFORDABLY PRICED OF AROUND RM500K SHOULD SELL WELL
PROJECTED PROFIT OF RM24M WILL BE A BIG JUMP IN ITS PROFITS (on top of its furniture manufacturing ops with increasing EXPORTS ).
NEXT CATALYSTS INCLUDE ITS PLANNED PRIVATE PLACEMENT OF SHARES TO HIGH NETWORTH INVESTORS.
POSITIVE IMPLICATIONS FOR ITS DIVERSIFICATION INTO PROPERTY DEVT INCLUDE (i) HAS 3 FACTORIES(freehold) IN PRIME AREA OF RAWANG WHICH ARE UNDERVALUED IN ITS BOOKS
(ii)THE 2 BROTHERS-DIRECTORS/MAJOR SHAREHOLDERS' OWNERSHIP OF 1000 ACRES OF FREEHOLD LAND IN
TANJUNG BUNGAH PENANG ISLAND. POSITIVE LINKAGES SEEN IN PROSPECTIVE BUSINESS TIE-UPS VIA THE CLOSE EXISTING RELATIONSHIP BETWEEN THE BROTHER DIRECTORS WITH SINGAPORE LISTED OXLEY PLC, THE RISING REGIONAL CONSTRCTION/PROPERTY/PROPERTY DEVELOPER ACROSS ASIA. POTENTIAL CORPORATE MOVES CAN POSSIBLY EVENTUATE INTO ASSET INJECTIONS AND / OR SOME TIE-UPS WITH OXLEY.

THESE ARE SOME EXCITING PROSPECTS N POSSIBILITIES FOR EURO.

(Disclaimer: the above comments are purely n solely for sharing/exchange of market info only. these are NOT a call to buy or sell Euro shares.)

a prospective Final Dividend is likely as part of the Board of Directors corporate strategy to make Cscenic into a VERY HIGH DIVIDEND YIELD STOCK to attract institutional investors.
Note that it declared the current 2nd dividend as "interim" from its 4Q profits. it did Not classified it as "Final". Hence the Directors can always opt to pay ANOTHER as its Final dividend.
After all, Cscenic is cash rich and is making increasing profits. It has strong free cash flow (as it business model do not need heavy capital expenditures (CAPEX). I am optimistic of getting a Final D which will be a very good corporate policy to adopt

Top Dividend Yield Stocks (Cash Cows) Based on Free Cash Flow Per Share
Author: fast | Publish date: Thu, 3 Mar 2016, 09:57 AM

Company Share Price Free Cash Flow Per Share Dividend per Share Yield
JCY RM0.66 RM0.0734 RM0.0675 10.23%
YTLE RM0.53 RM0.0432 RM0.04 7.55%
Cscenic RM1.33 RM0.1143 RM0.1 7.52%
Media RM1.36 RM0.0817 RM0.1 7.35%
Star RM2.45 RM0.2648 RM0.18 7.35%
Huayang RM1.8 RM0.282 RM0.13 7.22%
YTLPowr RM1.47 RM0.1005 RM0.1 6.8%
TienWah RM2.71 RM0.2618 RM0.18 6.64%
Maybank RM8.79 RM1.3839 RM0.57 6.48%
Haio RM2.38 RM0.2509 RM0.15 6.3%
UOADev RM2.12 RM0.1664 RM0.13 6.13%
YTL RM1.58 RM0.1204 RM0.095 6.01%
FLBhd RM2.43 RM0.2883 RM0.15 6.17%

(NOTE THAT SCENIC'S CURRENT YTD DIVIDEND YIELD OF 7.52% IS BASED ON 2 INTERIM, DIVIDENDS TOTALLING 10 SEN.. IF THE LIKELY PROSPECTIVE FINAL DIVIDEND IS DECLARED , THE ITS TOTAL DIVIDENDS AND THEREFORE YIELD WILL EVEN BE HIGHER)

SO FAR PAID/PAYING 2INTERIM DIVIDENDS TOTALLING 10 SEN/1.33 = 7.52% YIELD.WILL BE HIGHER IF GIVE A FINAL DIVIDEND

PAYING 7.52 % CSCENIC IS THE TOP 3 AMONG TOP DIVIDEND YIELD STOCKS BASED ON FREE CAS FLOWS (cash cows) PER SHARE.
LIKELY TO RANK HIGHER WITH GOOD PROSPECTS OF A FINAL DIVIDEND PAYOUT FOR THE FINACIAL YEAR ENDING 31/12/15

HIGH DIVIDEND YIELD STOCK.
EXPECTING EVEN HIGHER DIVIDENDS IN THIS CURRENT FINANCIAL YEAR AS THE PAYMENT OF ANOTHER DIVIDEND AS A "FINAL DIVIDEND" IS VERY LIKELY (noticed that its current 6 sen payout is declared as 2nd Interim from its 4Q profits).
WITH ITS INCREASING PROFITS, STRONG CASH BALANCES, IT IS POSITIONING ITSELF TO GIVE 4 QUARTERLY DIVIDENDS + A FINAL DIVIDEND.
A GOOD HIGH YIELDING STOCK WITH MUCH HIGHER CASH RETURNS THAN BANK FIXED DEPOSITS N EVEN EXCEEDING EPF's RATE.
A SAFE INVESTMENT GRADE SHARE GIVING HIGH DIVIDENDS.
CIMB GIVES IT A FAIR VALUE TARGET OFB2.16

ALREADY CASH RICH WITH INCREASING PROFITS
AND ZERO BORROWINGS IT CAN AFFORD TO PAY MORE DIVIDENDS

INCREASED PROFITS BY 11.5M OR 14% IS A POSITIVE FACTOR POINTING TO HIGHER PROFITABILITY IN FUTURE YEARS. THE POSITVE BENEFIT OF INCREASING EXPORT REVENUES IN FOREIGN CURRENCIES HAD JUST STARTED TO FLOW IN AFTER ITS FX HEDGING CONTRACTS WERE WOUND DOWN.
ANOTHER PLUS FACTOR IS ITS HIGHER CASH DIVIDENDS THIS CURRENT YEAR.NOTE THAT IT IS NOW PAYING 2nd INTERIM D FOR ITS 4Q RESULTS. ANOTHER DIVIDEND AS A FINAL D IS VERY LIKELY.
TWO ANALYSTS HAD GIVEN ITS PRICE TARGETS OF 2.06 n 2.16

NEED AT LEAST 2 to 3 MONTHS TO APPLY AND OBTAIN APPROVAL FOR ITS CAPITAL REDUCTION FROM THE HIGH COURT BEFORE CAN IMPLEMENT PROPOSALS

END OF MAY IS CORRECT TO GET THE DIVIDEND.THIS WAS INDCATED DURING THE AGM YESTERDAY.

HIGH COURT APPROVAL IN SOME CASES TOOK LONGER THAN 2 MONTHS. ALSO DEPENDS ON HOW FAST THEIR INVESTMENT BANKER ACTUALLY SUBMITS THEIR APPLICATION TO THE HIGH COURT.
THEN TIME IS NEEDED TO FIX THE EX DATE AND PAYMENT DATE.
OVERALL CAN TAKE LONGER.

NO ISSUE. WE JUST NEED TO HAVE THE RIGHT INFO INCLUDING THE TIME LINE FOR CORPORATE PROPOSALS.

PERSONALLY I AM INVESTING NOT ONLY IN PMCORP BUT MULTIPLE STOCKS. AND I NEED TO KEEP IN PERSPECTIVE THEIR RESPECTIVE TIMELINES FOR THEIR CORPORATE ACTIONS. I AM INVESTING FOR THE LONG HAUL. NO PROBLEMS.

D DAY TODAY FOR PASSING MULTIPLE PROPOSALS AT AGM.

IF APPROVED, IT MAY TAKE UP TO 4 TO 6 MONTHS TO IMPLEMENT THEM.
THE MOST IMPORTANT PROPOSAL IS THE CAPITAL REDUCTION WHICH REQUIRES THE HIGH COURT APPROVAL.

PATIENCE NEEDED

STRONG BUYING MOMENTUM FOR CLASSIC SCENIC
Author: ong88888 | Publish date: Thu, 25 Feb 2016, 09:05 PM

This article first appeared in The Edge Financial daily yesterday



Classic Scenic (Fundamental: 2.25/3, Valuation: 1.4/3) triggered our momentum algorithm yesterday as the share price jumped 3.88% to close at RM1.34 yesterday, with 1.33 million shares traded, which is high relative to its 200-days average volume of 107,754.5. Its market capitalisation stood at RM161.47 million.

The group is expected to announce its last quarter earnings for FY15 this week. The group has been paying dividend consistently for the last 10 years with an average yield of about 11.38%.

2015 RESULTS AND PROFITS ARE SATISFACTORY. DIVIDENDS WILL ALSO BE HIGH WITH AT LEAST 8 SENS OR RM80 PER 1000 SHARES. THE 4 Q RESULTS SHOULD BE BETTER WITH MUCH OF ITS FX HEDGING CONTRACTS BEING WOUND DOWN.
( WHILE THESE CAN PROTECT ITS REVENUE AND PROFIT MARGINS , THEY HAD ALSO CAUSED IT TO MISS A GOOD PART OF THE FOREIGN CURRENCY GAINS DUE TO THE FALL IN OUR RINGGIT).
HENCE WE CAN EXPECT ITS 2016 AND FUTURE YEARS PROFITS TO HAVE GOOD GROWTH WITH THE FULL BENEFIT OF FOREX GAINS, THEN WE CAN GET EVEN HIGHER DIVIDENDS, EVEN ON A QUARTERLY BASIS

CATALYST FOR FASTER GROWTH :-
1) unlocking the values of its undervalued assets by disposals of non core properties n investments (Laura Ashley)
2) realise their gains n bring in even more cash
3) expand its FAST MOVING CONSUMER GOODS BUSINESS FOR EXPORTS TO WORLD MARKETS

PMCORP HAD ALREADY TURNED AROUND N MAKING PROFITS FOR 5 CONSECUTIVE QUARTERS. LATEST FULL YEAR PROFIT RM 8.2 M
CASH RICHBRM143M. AMOST DEBT FREE. ALSO OWNS SUBSTANTIAL PROPERTIES BOUGHT AT ROCK BOTTOM PRICES DECADES AGO. NOT YET REVALUED N THEIR VALUES WILL BE UNLOCKED WHEN SOME OF THEM ARE SOLD AS NON-CORE OR SURPLUS ASSETS(NOT ESSENTIAL TO ITS CURRENT BUSINESS MODEL). THIS WILL BRING MORE CASH N MORE PROFITS AS CAPITAL GAINS WILL HUGE. THIS WILL ALSO HAPPEN WHEN THE BOARD DECIDES TO REDEEM ITS INVESTMENTS IN LAURA ASHLEY.

non property investment is yielding great financial returns.
ITS USD 3M INVESTMENT IN LAURA ASHLEY (INTERNATIONAL RENOWN COSMETICS) IS NOW WORTH USD 6M OR ALMOST RM 25M. BESIDES DOUBLING IN VALUE, IT ALSO MADE SUBSTANTIAL FOREIGN EXCHANGE GAINS HERE.
PMCORP HAS THE OPTION TO REDEEM 50% OF THIS INVESTMENT NOW

IT TOUCHED A RECENT HIGH OF 0.325.
ITS NOW ONLY 0.275/28
AND ITS GOT 8 SEN (RM80 PER 1000 SHARES) TO BE DISTRIBUTED

VERY GOOD OPPORTUNITY TO BUY AT CHEAP ENTRY PRICE NOW.

PMCORP STILL PROFITABLE. 5 CONSECUTIVE QUARTERS OF PROFITS.
LATEST FINANCIAL YEAR JUST REPORTED STILL MADE PROFIT RM8.2M. NTA MORE THAN RM0.50 SEN, MUCH HIGHER THAN ITS CURRENT SHARE PRICE.
IT'S ALMOST DEBT FREE. CASH RICH AND HAS LOTS OF UNDERVALUED TANGIBLE LANDED (ITS 2 PIECES OF LANDS IN EMBASSY ROW, JALAN AMPANG, KL, IS WORTH A LOT MORE THAN ITS BOOK VALUES. MANY OTHER UNDERVALUED PROPERTIES IN SHAH ALAM, SPORE AND HONG KONG, ETC) AND OTHER INVESTMENT ASSETS WHICH ARE WORTH A LOT OF MONEY.

A HGH DIVIDEND YIELD STOCK WITH 6.14 % BASED 7 SEN PAYOUT
(WITH DY INCREASING WITH FINAL D LIKELY)
=======================================




WHY IS DIVIDEND IMPORTANT? From Dr Neoh Soon Kean's STOCK MARKET INVESTMENT
Author: calvintaneng | Publish date: Mon, 8 Feb 2016, 10:45 PM

WHY IS DIVIDEND IMPORTANT?

Dividend is important for many reasons. The most important reason has been explained a chapter earlier on, that is, dividend is the only benefit which a shareholder can obtain from a company under the normal circumstances. Profit, per se, is hardly of any use to him directly and the assets are only of value if the company is liquidated which is unlikely in a great majority of cases. Apart from this reason, dividend is important for the following reasons:

1) Dividend is a sure thing.

All too often, investors and speculators pay too much attention to profit forecast. It is amazing that so many malaysian companies have the courage to make profit forecast for many years into the future. What is even more amazing is that so many of the investors seem to believe these forecasts absolutely. It is difficult to make a profit forecast a year ahead, let alone five years or even ten years. Such profit forecasts can only be regarded as extremely shaky.

Let us take a recent example. During 1981, when the "property injection game" was at its height, many of the companies which were first getting into property development business gave very rosy forecasts of future earnings potential, as a result the price of these shares naturally went up to tremendous heights. Since then, the housing market softened considerably and the office rental market has declined 40-50 per cent. In just three years, the profit picture of just about all land development companies has changed considerably. I wonder how many of those forecasts made in 1981 can still stand up to scrutiny today.

Dividend is real and it is something which the shareholders can put to some use. Most companies keep dividend at a level they can afford to pay out irrespective of whether it is a good or bad year and is hence a great deal more certain than profit forecast.



2) Dividend provides a link with reality.

When the market is truly 'hot', few of us can keep truly rational and we tend to be swept along in the general atmosphere of optimism. But the dividend yield of a share keeps us in close touch with the real world. As in the earlier example of OCBC, anyone who keeps his eye on the dividend yield of that share would have realised that the price level was totally unreal. Most people would agree that at a dividend yield of 0.4 per cent it would be better to sell a share and invest the proceed in houses or leave the money in fixed deposit.

In the established stock markets of the world, the dividend yield (ie dividend per share/price per share) usually has a steady relationship with the fixed deposit and its interest rate. It is normal for dividend yield to fluctuate at around 1/3 to 1/2 of the long-term deposit interest rate. This means that when fixed deposit interest is around 10 per cent per annum, stock should sell at a price to provide a yield of 3 per cent to 5 per cent. Taking a look at the yield provided by local shares during bull markets, the dividend yield is usually so low as to be meaningless. Futhermore, one should not forget that fixed deposit of 15 months or longer and fixed deposits in National Savings Bank are interest free in Malaysia while dividend has a witholding tax of 40 per cent applied at source.



3) Dividend provides a 'floor' for shares during bear markets.

Stock markets of the world, especially the Malaysian/Singaporean market is not readily predictable. They can collapse so easily into a 'bear pit' with little warning. If we wished to protect our hard earned capital, we must be defensive in our investment approach. One of the best defense is to buy shares with reasonable dividend yield (i.e. a yield of between 1/2 of deposit interest rate). If we buy a share because it pays a reasonable dividend, our loss is likely to be small even during periods of sharp market decline.

For example, we can buy a share which pays 30 cents dividend at Rm5.00 a share and this gives us a dividend yield of 6 per cent. If the share market goes into a sharp decline, the amount this share can fall to is limited by the fact that it pays a 30 cents dividend. If the price is to fall to as low as Rm3.00, it will be giving a dividend yield of 10 per cent which is about as good as what one can get from fixed deposit but with the additional opportunity to capital gain thrown in.

Most people can see that at that price, the share is probably a good bargain and it is therefore unlikely to fall any lower.

AGREED THAT FOR QUARTER TO QUARTER RESULTS TO BE CORRECTLY COMPARABLE, WE NEED TO EXCLUDE ONE~ OFF ITEMS WHICH HAD INFLATED ITS PREVIOUS YEAR'S RESULTS. HENCE ITS LATEST 4Q REVENUE AND PROFITS WERE ACTUALLY NOT FAR OFF COMPARITIVELY. ALTHOUGH SOMEWHAT LOWER ITS 4Q RESULTS WERE STILL COMMENDABLE DESPITE THE CHALLENGING PROPERTY MARKET ENVIRONMENT.

DPS LIKELY TO EXCEED 7 sen resulting in its DY HIGHER THAN 7%.
LAST FINANCIAL YEAR ALSO PAID A FINAL DIVIDEND (on top of a 5sen cash dividend) VIA ITS DISTRIBUTION OF TREASURY SHARES. LIKELY IT WILL REPEAT THIS AFTER THE LATEST 2 SEN INTERIM D

GOOD FUNDAMENTALS REMAIN INTACT. NTA 2.17, EPS 15.5 sen. SINGLE P.E. OF ONLY 7 x (against much higher 15 to 20x seen among many other property developers and which are low dividend yield stocks or NOT paying Dividens at all). Tropicana has become a HIGH DIVIDEND YIELD STOCK. PAYING 7 SEN (1st interim 5 sen for its 3Q and 2 sen for its 4Q results) Both payouts are interims. It is likely to declare its Final Dividend later via another distribution of Treasury shares like what it did the previous financial year.

TROPICANA HAS BEEN VERY ACTIVELY DOING ITS SHARE BUYBACKS.
ALREADY RE -ACCUMULATED ITS HOLDINGS OF TREASURY SHARES

2nd Interim Cash Dividend of 2 sen (total 7 sen Interim cash Dividends Payouts for its 3Q and 4Q Results). I recalled it also paid another Dividend -in-Specie (distribution of Treasury Shares as its Final Dividend which was 101 shares for every 7800 shares owned which was equivalent to 5.1 sen)

HENCE I BELIEVED THERE IS A POTENTIAL FINAL DIVIDEND AGAIN VIA ANOTHER DISTRIBUTION OF TREASURY SHARES LATER AFTER THE LATEST INTERIM 2nd DIVIDEND TO EX- D EARLY NEXT MONTH.

I BELIEVE THE BOARD OF DIRECTORS HAS NOW ADOPTED A HIGH DIVIDEND YIELD STOCK. A VERY GOOD N STRATEGIC CORPORATE POLICY TO ATTRACT INVESTORS ESPECIALLY INSTITUTIONAL FUNDS. CHEERS

FOCUS ON THE REAL CASH OF 8 SEN (RM80 PER EVERY 1000 SHARES) PAYOUT SOON N ALSO THE POTENTIAL FOR ANOTHER PAYOUT OF FREE TREASURY SHARES (64.959 MILLIONS), AS WELL AS THE GROWING EXPORT BUSINESS PLUS ITS MANY UNDERVALUED PROPERTIES (bought at rock bottom prices during financial crisis times decades ago n not yet revalued) it is clear that PMCORP HAS BRIGHT PROSPECTS. HENCE PERSONALLY, I BELIEVE IT IS SAFE N WORTHWHILE TO HOLD ON MY INVESTMENT IN PMCORP
(disclaimer. my comments are just my own beliefs based on known facts derived from sources in public domain. just for sharing n hence NOT a call to buy or sell PMCORP) best wishes to all.

HI GOOD DAY EVERY ONE . A HAPPY N PROSPEROUS NEW YEAR ESPECIALLY TO OUR MALAYSIAN CHINESE INVESTORS FOR YOUR FAITH AND CONFIDENCE IN TROPICANA.
HIT 1.10 . WAYS TO GO, AS TODAY'S POSITIVE UPTREND ONLY JUST STARTED AFTER BREAKING ITS RESISTANCE OF 1.05 N CONSOLIDED AT 1.05 TO 1.07. VOLUMES RISING SUPPORTING UPTREND.

CATALYSTS, NEAR TERM, INCLUDE EXPECTED GOOD/BETTER 4Q/FULL RESULTS TO BE ANNOUNCED BY THIS MONTH END. ALL THE GOOD WORK BY THE DIRECTORS IN THE DISPOSALS OF BIG ITEM NON CORE PROPERTIES N BUSINESSES , PLUS SUCCESSFUL SALES OF ITS PROPERTY LAUNCHES WILL NOW BEAR FRUITS. SIGNIFICANT REDUCTIONS IN ITS BORROWINGS/GEARING N UNLOCKING ITS UNDERVALUED LANDBANKS N ASSETS VIA THEIR SALES N DEVT WILL TRANSLATE INTO HIGHER PROFITS N CASH FLOWS.
OPTIMISTIC OF GETTING ANOTHER CASH + TREASURY SHARE DIVIDEND SOON. CHEERS

MALTON'S PRICES CONSOLIDATED WELL DURING THE PAST 2 MONTHS.
TODAY IS ONLY THE 1ST DAY OF ITS NEW UPTREND. ALREADY NEAR 0.80. IF EXCEED 0.80 TOMORROW ON HIGHER VOLUME, IT 'S A BREAKOUT TOWARDS 0.88 AND THEN TOWARDS 0.98-1.08.
CATALYSTS INCLUDE EXPECTED GOOD/BETTER QUARTER RESULTS DUE OUT THIS MONTH BASED ON ITS RECEIPT OF RM154 MILLIONS CASH FROM ITS PUT OPTION IN THE BUKIT DAMANSARA NEW TOWN CENTRE PROJECT (BY ITS RELATED PAVILION/DESMOND LIM / THE CANANDIAN PENSION INVESTMENT FUNDS). THIS PUT OPTION ALSO REGISTERED A CAPITAL GAIN OF RM14 MILLIONS FOR MALTON.
ONGOING CONTRACTS FOR THE 1ST PHASE OF BUKIT DAMANSARA PROJECT (703M) ROYAL BINTANG HOTEL (209M) CAN BE ENHANCED WITH NEW ANNOUNCEMENTS FOR
JOBS FOR THE 2ND PHASE OF BUKIT DAMANSARA PROJECT. THIS PROJECT IS PRIME BUKIT DAMANSARA POPULATED BY CASH RICH/HIGH NETWORTH RESIDENTS. IDEAL LOCATION TO BE FURTHER ENHANCED BY MRT1 WITH 2 TO 3 STATIONS THERE.
THIS PRESTIGUOUS PROJECT IS BACKED BY JOINT VENTURE PARTNER CANANDIAN PENSIONS INVESTMENT FUNDS WHICH PUMPED IN RM485M CASH.

ANNOUNCEMENTS OF ADDITIONAL CONSTRUCTION CONTRACTS INCLUDING FOR THE 2ND PHASE OF THE BUKIT DAMANSARA PROJECT AND FOR THE BUKIT JALIL PAVILION 2 PROJECT.
BESIDES LARGE CONTRUCTION CONTRACTS, MALTO HAS ITS OWN PROPERTY DEVT PROJECTS. ITS HI END CONDOS IN BUKIT JALIL WAS VERY SUCCESSFUL CHALKING UP SALES OF RM1 BILLION

BASED ON THE ABOVE, BUSINESS PROSPECTS ARE VERY BRIGHT.
WITH SUCH POSITIVE CATALYSTS, ITS PRICE UPTREND WILL CONTINUE TO STRENTHENED AT LEAST UP TO THE RELEASE OF ITS NEXT Q RESULTS BY THIS MONTHEND.

BEST IF NALTON CAN CAP IT WITH ANOTHE DIVIDEND ANNOUNCEMENT TO REWARD SHAREHOLDERS FROM THE 154M CASH RECEIVED FROM ITS PUT OPTION
(disclaimer: my above comments are purely for mutual exchange of market info only.
these are NOT a call to buy or sell Malton shares)

THE ADDITIONAL CASH WILL MEAN PMCORP CAN BE IN A STRONGER POSITION TO REWARD SHAREHOLDERS WITH MORE CASH DIVIDENDS IN FUTURE. AFTER ALL THE SHARE SALE IS A PURE FINANCIAL WINDFALL AS PMCORP NO LONGER NEEDS TOO MANY LISTED ENTITIES (REDUNDANT N YET CAN BRING IN RM10M CASH)

THE SHARE SALE OF PMHOLDINGS WAS NOT DELAYED BY SC.
THE DEAL WAS POSTPONED BY MUTUAL AGREEMENT FOR 1 MONTH TO ENABLE CONDITIONS PRECEDENT TO BE FULFILLED BEFORE THE AGREEMENT CAN BE IMPLEMENTED. VERY NORMAL.
I BELIEVE IT WILL GO THROUGH SHORTLY AS I THINK THE DATO DR IS INTERESTED IN PMHOLDING'S LISTING STATUS.

THIS CORPORATE MOVE WILL BE GOOD FOR PMCORP AS IT WILL BRING IN ADDITIONAL CASH OF ALMOST RM10 MILLIONS.

PMCORP'S IS ALREADY CASH RICH WITH RM143M.WHICH WILL BE INCREASED BY ANOTHER RM10M WHICH WILL BE PUT TO GOOD USE TO EXPAND ITS GROWING CHOCOLATE MANUFACTURING BUSINESS TO EXPORT MORE TO THE FOREIGN MARKETS TO TAKE ADVANTAGE OF THE VALUABLE FOREIGN CURRENCIES' HIGHER VALUES TO CONVERT TO MORE RM THUS BOOSTING ITS TOPLINE REVENUES AND PROFITS.