Yes ivan9511 - I wonder why they're hoarding all the cash

agreed but when taken in the context of the difficult economic conditions, the dividends are fine & the management did a pretty good job

I believe many investors pocket kosong

Nobody wants to eat at 2.79 which is all time low?

Looks like this stock is going nowhere. No incentives to shareholders. EPF has a ton to unload so each time wants to go up, EPF is there to depress it. There's also no dividends. Even the food at AGM leaves much to be desired. Wishing for quick departure of MD. Bye Bye !!

Petrol/Diesel prices across the board down 5 sen for December.

So fellow intellectuals, what's the impact on Petron?

I note that BToto share price is sort of oppositely correlated to the market

I've been accumulating this stock of late. Besides its dividends, the zero leverage & the sensitivity to FX exposure are added attractions.

It's a good result !

Why not?

BJ corp does not own all of Btoto. Currently in the entire Berjaya group, Btoto is the cash-cow.

Considering the circumstances I'm just ok with the results & 3 sen dividend is fine

We'd be lucky with 2 sen dividend

The good news is that this MD is older than me. I forsee that the soonest he would only be able to declare the much deserved big dividend is when he's lying on his deathbed - unable to move much and clean himself.

A quarter of good performance but still starved of dividends

Come down dear. Daddy's waiting to catch you when you fall !

I think this counter has the fundamentals but the share price is stunted due to EPF unloading everytime the share price rises & it has a lot to unload.

Either EPF needs to raise cash for whatever dubious purposes or it feels that this counter despite its low valuation has no future

optimus9199 - you must be the deputy finance minister

yadayadayada... anyway see you guys at the AGM today

I think the MD has figured out a way to take the money with him to heaven.

... or maybe he's saving to buy that red Porsche when he's 90. In the mean time he's driving around in his father's proton saga 1993 model.

The petrol pump price went up & so has the value of the inventory it holds. The brave who went in when the stock was at ridiculously low PE is now reaping the gains. It's still absurdly low btw.

In the long run we are all dead. Hopefully however we will outlive the MD.

limkokthye is talking about U-mobile

I really wonder what's keeping corporate predators from bidding for this co and sending our Yeoh into retirement or at least clipping his influence?

The best way to improve your BToto yields is to ..... come to the AGM, get the door gift & eat the food cukup-cukup. Haha

Buy when everyone is fearful and sell when everyone is exuberant.

Abnormally low PE & high dividend yield & yet it's still going down

I have my doubts but I hope that your fairy tales will come true haha

Today Digi was a star!!

The Digi bloodbath continues.

Just like the leg bone is connected to the thigh bone & the thigh bone is connected to the hip bone ....

Someone's got to pick up the tab for the govt's mismanagement. We shareholders should be honoured for this.

4 sen is just ok for me. I hope that its EPS > 4 sen

3% is against the par value sineo. That's why I prefer companies to announce the dividends in absolute terms.

The past few quarters performance have been encouraging

TA's research 5 Sep 16 - puts target price @ RM4.03, up from RM3.23 due to among others - "lower interest rate, defensive nature of the stock & resilient earnings". Too high target price in my opinion.

Comments?

cipapo - you have a point. Let's hope this wonderful gaming tradition of buying 4D is passed on to the Gen Ys and so on haha

You can get KLK exposure via B. Kawan which is cheaper.

I think MD only declares dividend just enough to pay for his 4 meals a day plus petrol & parking.

Article in today's Star about this MD's savviness in investment.
Apparently he was formerly a school teacher from Kedah. He should have remained a school teacher.

Despite this MF's antics, I've proceeded to accumulate some more.

Hopefully this guy gets a massive cardiac arrest worrying about all the money in KJ he had kept instead of declaring a decent dividend!

I believe that this stock with a genuine brick & mortar business model is a good long term investment (but not too long I hope haha).

mcheat - if the management declares dividends, besides us retail investors, they will also benefit from the cash flow

I have even more derogatory labels for this evil MD.

Puny dividends of only 8.8m when the cash reserves is in excess of 176m and retained earnings in excess of 1.188b. The See brothers were more generous.

They're keeping the money for what??

Charlie Chia - I want quarterly dividends. I think the company can pay 8 sen per quarter.

EPF is relentless in getting rid of KJ - an unwanted child

Bounced back up again .....yahoo!!!

Based on recent reported earnings, I'll guess 4 sen dividend & I'm being optimistic here.

philip31 I think you are spot on.

Also your comment on the 12th August seem to jive with the sudden surge in the price.

KJ value down simply because of demand and supply. With EPF reducing its stake at every opportunity over time, the price would certainly decline. However this market value does not reflect its true much higher value as reflected by its ability to consistently generate positive earnings.

This makes KJ nice & ripe target for a takeover!

Sure that happens when there's not enough delta in the warrant i.e. if it's way out-of-the-money.

In layman's terms, the share price is way below the strike price.

Warrants are highly leveraged instruments. Hence a small price move on the mother share would logically have a magnified move on the warrant.

If you are absolutely certain that the share price is going to rise and by when (e.g. if your good buddy is the chairman i.e. insider trading of sorts), then you should buy warrants (albeit illegal). You'll make a ton of money.