prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2024-06-21 21:58 | Report Abuse

Small bosses were trained by him and so likely to have the same traits.

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2024-06-21 21:52 | Report Abuse

One needs a lot of gut to invest in a counter that has got up almost 8 times over the past one year. I certainly don't possess such gut.

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2024-06-21 12:41 | Report Abuse

Management has been keeping the money (over RM100 million) from the sale of some assets for more than 10 years. Perhaps they would keep the money for another 10 years without doing anything proactive.

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2024-06-20 15:08 | Report Abuse

Investors may have to wait for several months before it moves above 0.30 again.

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2024-06-20 14:34 | Report Abuse

Buy this counter only if you have insider information that it is going to be taken private soon. Otherwise you may get your capital stuck for years.

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2024-06-18 17:30 | Report Abuse

Already up more than 6 times from its 52 week low. Wonder how much further can it go up. If it can achieve 1% of what Nvidia has achieved, it would make many punters millionaires.

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2024-06-18 15:13 | Report Abuse

This counter only good for speculation, not for investment.

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2024-06-17 14:55 | Report Abuse

Jakarta has a history of 500 years. It may take 100 years for Nusantara and East Kalimantan to be as developed as Jakarta. By that time RM60 billion is nothing to shout about.

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2024-06-17 12:17 | Report Abuse

Cannon Tan, since TSH is soooo good, how you put all your available resources into this counter? You could become a billionaire in 10 years.

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2024-06-16 15:47 | Report Abuse

Chasing after a counter that has gone up almost 6 times from its 52 week low is a bit risky.

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2024-06-16 14:59 | Report Abuse

Last year around this time, it was trading at around 10 to 10.5 sen. It has certainly gone up but at a very, very slow pace compared to other property counters like UEMS, Eco World, MRCB etc. Just remember that every dog has its day.

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2024-06-16 12:52 | Report Abuse

Persistent selling of Tenaga shares by the EPF over two years ago drove its share price to dip below RM8 sometime in July 2022. As at 7 September 2022, EPF held 900,968,661 Tenaga shares. Soon afterwards it embarked on a buying spree, turning aggressive at the beginning of 2023. Even after some moderate selling over the past few days, EPF still holds 1,016,283,345 Tenaga shares. I believe it has made lots of money as Tenaga rallies.

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2024-06-16 11:22 | Report Abuse

@i3gambler, don't waste your time putting up anymore comments here. You should immediately write to RHB Bank's Board of Directors, its CFO, external auditor and i3investor to inform them that their calculation of RHB Bank's dividend yield is seriously flawed and only your calculation is correct. Then come back to inform us of their replies. Thank you.

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2024-06-16 10:25 | Report Abuse

"He called me little boy, he said I failed my mathematics."
Dear gambler, have you written to RHB Bank's Board of Directors, its CFO, external auditor and i3investor to inform them that their calculation of RHB Bank's dividend yield is seriously flawed. Only your calculation is correct. If you haven't, then I stand by my comment about you.

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2024-06-16 10:06 | Report Abuse

Maybank has carried out ESOS twice over the past three years. In 2023, it increased its dividend to 60 sen a share, from 58 sen the previous year. What is your comment on this?

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2024-06-16 10:02 | Report Abuse

Everyone in this forum views i3gambler very negatively.
Hahaha, did I say i3gambler no good?
But the fact is he is a negative element here.

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2024-06-15 15:58 | Report Abuse

"1) ESOS is negative Dividend.
2) Private Placement is also negative Dividend.
3) Right Issue is also negative Dividend."
1) ESOS is a kind of incentive. It encourages employees to work harder for their company and hence bring in more profit. Maybank implemented two ESOS over the last three years. It total dividend for 2023 had actually been increased to 60 sen share.
2) In a bear market, small investors may not be willing to cough out money to subscribe for new shares. Cash strapped companies thus have to enlist the help of institutions to buy up new shares at a discount. Which do you think is better - allowing the company you have invested to go bankrupt or bring in substantial shareholders who might help the company to survive?
3)Rights shares are always priced at a discount to market price. Companies requiring additional working capital for expansion would normally call for rights issues rather than borrowing money from the banks. . Why does Maybank make much, much more money than RHB Bank? Maybe you prefer the companies you have invested in to remain small forever.
You are shortsighted!

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2024-06-15 14:48 | Report Abuse

"I do not expect prudentinvestor can understand this."
A person who doesn't even know how to calculate dividend yield and who could not cite a single IB which calculates dividend yield his nonsensical way dares to write such a comment.

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2024-06-14 21:03 | Report Abuse

"Yes. Share Buy Back is equivalent to Dividend Payment."
Weird, weird, weird. You got RHB Bank shares at a big discount and without having to come out a single sen and you don't consider it as a dividend payment. Haven't your additional RHB Bank shares increased the amount of your share portfolio? You got something. What do you get if a company buys back its own shares? Nothing! If share buy back can support a company's share price, it is ok. Top Glove started share buy backs when its share price was way above RM7. It is exactly the opposite of what you claimed.

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2024-06-14 17:10 | Report Abuse

"TSH is downtrend for 10 years going break out on the 11th."
I don't know that TSH has been on downtrend for ten years already. This means Cannon Tan's effort for the past ten years has been wasted.

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2024-06-14 16:12 | Report Abuse

As I have stated several times in my comments, RHB Bank has implemented DRP over the past three years and has issued several hundred million more shares. Yes, there is dilution no doubt but its yearly dividend per share has remained at 40 sen. Hence dilution has not impacted its ability to maintain its dividend payout at 40 sen a share. As for the calculation of dividend yield, we follow what the whole world is practising.

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2024-06-14 10:54 | Report Abuse

Little boy, just scroll up this page and look for financial highlight, RHB Bank's dividend yield is given there. Write to i investor and tell them that their way of calculating dividend yield is wrong.

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2024-06-14 10:43 | Report Abuse

Please do not beat around the bush gambler. Just give me the name of any investment bank which says that RHB bank has a yield of only 5.72%.

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2024-06-14 10:41 | Report Abuse

You look confused gambler. We are talking ONLY and ONLY about RHB Bank's dividend yield which you claim because of the DRP is only 5.72%. All the rest say it is 7.27%. Cite me one IB which concurs with you and says RHB Bank's dividend yield in only 5.72%.

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2024-06-14 09:41 | Report Abuse

The argument here is what RHB Bank's dividend yield is. All the investors here except you say it is 7.27%. You say it is 5.72%.

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2024-06-14 09:38 | Report Abuse

So difficult to understand what others have written meh? You haven't cited any IB which calculates dividend this nonsensical way. Don't avoid my question. Turning your dividend into equity doesn't mean your dividend has disappeared. As far as others except you are concerned, it is still considered as dividend paid and taken into account when calculating RHB Bank's dividend yield.

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2024-06-13 21:00 | Report Abuse

This fellow is very confused. He thought dividends converted into shares can no longer be considered as dividends and keeps insisting that he is right.

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2024-06-13 11:02 | Report Abuse

Cannon Tan, two years ago you advised investors to shun bank counters. Maybank has gained at least 15% over the last two years on top of a return from dividends of over 13%, making a total return of around 30% in two years. CIMB Bank could have done better. How much is your return from GOLDEN Tsh?

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2024-06-13 09:29 | Report Abuse

Stop all the arguments little boy. Just Google "RHB Bank dividend yield".

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2024-06-13 09:19 | Report Abuse

There are tens of investment banks in this country. Cite me just one, one only that works out dividend yield your nonsensical way. Please enroll yourself immediately in a Mathematics tuition class that specializes in calculating dividend yields.

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2024-06-12 21:18 | Report Abuse

Without DRP, I would have received RM400 dividend in total and RHB Bank's dividend yield for 2023 was 7.27%., assuming I had bought my RHB Bank shares at RM5.50 a year ago. Why do I need to dispose part of my shares? Are you confused or you just refuse to admit your mistake?

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2024-06-12 16:12 | Report Abuse

Cannon Tan is now promoting Indonesia's new capital city Nusantara to fellow investors, for a change.
https://en.wikipedia.org/wiki/Nusantara_(planned_city)

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2024-06-12 14:52 | Report Abuse

"2) It is also OK to declare 40 sen with DRIP, as long as we understand the Real DY is still the same 5.72%."
My real dividend yield is slightly more than 7.27% because I can dispose of my DRP shares for a slight gain. Your dividend yield is 5.72% because your DRP shares are worth nothing, just fictitious shares credited to your CDS account.

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2024-06-11 22:37 | Report Abuse

The last time Keck Seng declared a bonus issue was in 2011. It has enough reserves to declare a bonus of 3 for 1. High time to give a bonus of at least 1 for 1 while maintaining the dividend rate.

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2024-06-11 17:10 | Report Abuse

RHB Bank has implemented DRP for the past three years and yet the total amount of dividend paid in each calendar year has remained at 40 sen a share. This shows a slight dilution has no effect on the company's ability to maintain its dividend payment at 40 sen a share. How much do you think RHB Bank's dividend yield is?

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2024-06-11 10:49 | Report Abuse

@Berlin, as a Malay proverb says, you can't teach a crab to walk straight.

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2024-06-11 09:05 | Report Abuse

Every gambler has big dreams and that is to win big money.

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2024-06-10 17:10 | Report Abuse

If I had bought RHB Bank at RM5.50 a share and should its management decide to increase its dividend per share this year to 100 sen and I reject the DRIP (of course this is not sustainable), then its yield for this year would become 18.18%.

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2024-06-10 17:02 | Report Abuse

Don't confuse Maths learning with putting up almost identical comments hundreds of times. People here think Cannon Tan lacks originality and ideas.

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2024-06-10 16:45 | Report Abuse

Still insisting that you are right. So pathetic. I suggest you go and enroll yourself for a Mathematics tuition class as soon as possible.

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2024-06-10 14:53 | Report Abuse

It takes some intelligence to understand my reasoning. I doubt you have it.

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2024-06-10 12:48 | Report Abuse

"I think prudentinvestor don't know about this, if he know, he would have said 2.5% instead of 2.0%."
I am certainly better informed than a gambler. I quoted 2% because someone claimed RHB Bank could become Serba Dinamik 2, which is impossible. EPF paying 2% dividend is also impossible. You failed to understand my argument.

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2024-06-10 12:39 | Report Abuse

"Investing has got to do with "future""
You have been repeating your acts day after day, often many times in a single day. People are bored with your antics.

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2024-06-10 11:19 | Report Abuse

"for Tsh it is yet future"
You have devoted over 90% of your comments to promoting TSH and you dare to count your eggs before they are hatched.

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2024-06-10 10:44 | Report Abuse

Won't complain about its performance this morning but it is still very far from the level I am expecting.

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2024-06-09 15:09 | Report Abuse

TSH dropped from RM1.80 to RM1.10 and you still claimed it is chun chun.

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2024-06-09 15:03 | Report Abuse

I have a gut feeling that L&G's turn to go up is near.

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2024-06-09 15:00 | Report Abuse

Maybank pays out over 80% of its earnings as dividends versus RHB Bank's over 60%. Maybank's eps in the first quarter has improved.

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2024-06-09 14:53 | Report Abuse

EPF will never become another Serba Dinamik as someone had jokingly suggested, so it will never pay a dividend as low as 2%. Stop all your nonsensical comments about RHB Bank's dividend yield.

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2024-06-08 22:49 | Report Abuse

A number of property counters have gone up quite substantially over the past one year. Time for L&G to catch up.