Posted by weiboy90 > 2012-07-30 20:47 | Report Abuse

any comment about this counter? the report says that maybe MPHB will give out 56 cents special dividend.

Posted by KC Loh > 2012-07-30 21:16 | Report Abuse

weiboy, guess you just have to wait and see when the prospectus for the newco comes out. Either way, if you did purchase it before the demerger was suggested, at around 2.98, you would have win big. The special dividend is just icing on the cake. I missed because of late calculation and saw the price drove up to 3.30 in matter of days!

Posted by weiboy90 > 2012-07-30 21:31 | Report Abuse

hmm..is it too late to go in again? cause i sold it off around rm3.40+.

Posted by KC Loh > 2012-07-30 21:35 | Report Abuse

you can, if you are willing to wait for the exercise is over as well as the next couple of quarterss to see if the earning matches with what the analysts are saying.

Posted by weiboy90 > 2012-07-30 21:39 | Report Abuse

ok. thanks for your advice. :)

Posted by KC Loh > 2012-07-30 22:02 | Report Abuse

i am assuming they are giving the newco (non-gaming) together with the gaming share if you still holding it after demerger. if its not, you should choose the gaming one! that is their jewel in the stable! Should work out the on-the-way-out Sports Toto, which will be listed in Singapore! Another Vincent Tan ploy to make money!

Posted by weiboy90 > 2012-07-30 22:06 | Report Abuse

hmm..so now i need to wait for the IPO so that i can purchase their gaming share?
i didn't hold any BJTOTO share. :)

Posted by KC Loh > 2012-07-30 22:12 | Report Abuse

I mean should work out better than BJTOTO.

My understanding is if you are holders of the shares before the demerger, you are entitled to the newcomers share(s) . Wait for announcement. So you can buy, need not wait for the demerger exercise. Technically its not an IPO, but one share split into two categories to unlock their gaming share value.

Posted by KC Loh > 2012-07-30 22:14 | Report Abuse

Newco, not newcomers! Silly auto correct :)

Posted by weiboy90 > 2012-07-30 22:17 | Report Abuse

ok. i guess i just wait for their announcement.
thanks for you explanation. :)