won't move til ex-date in 4th quarter, earlier sapu 0.79/0.83, this week sapu 1.03/1.04 on top of last week sapu at 1.06/1.07, slowly sapu loh, go below 1.00, sapu some more, where can u get more than 20% return in less than 6 mths, amprop loh
Thanks Seph, make it simple, ie free rcps worth RM500 for every 2,000 amprop shares (trade at 1.05 now) =invest RM 2100 will confirm get RM 500 later. If the mother appreciate to 1.30 before exdate, the total return will be 2,600 - 2,100 = 500 + 500 (RCPS) = 1,000
nch, once the rcps listed, if amprop trading at 1.20, rcps shd be trading at 0.55-0.60, comfirm get minimum RM500 if rcps goes up to 0.60, grab RM600 loh
sephiroth,, thank you very much for your advise. just a query is this share good for long term ie capital gain and dividends. When will the dividends be paid normally
metta, I think RM0.50 per RCPS is valid for the whole first year. And possible with 2 cents dividend p.a (If amprop is making money and does not redeem your RCPS within the first year).
sephiroth, there won't be any movement of the RCPS within the first year as amprop have the right to redeem them, before holders can covert them 1st anniversary onward. So, the trading at 0.55-0.60 only possible by then.
very unlikely to drop below 1.00 bcos nta1.62 and devidend 0.25,moreever they are holding plenty of cash,so,it is easy for them to activate company buy back mechanism in preventing price drop drastically.
it is a win win situation not as you thought being one sided benefit.With the big sum cash in hand , they injected into the London vibrant properties market and also the japan jv property projects resulted in generating high revenue for the company At the monent the share price doesnot reflex the intrinsic value but eventually when the overal market sentiments turns hot ,this counter will perform and rewards you at the right value.So the KESAS highway deal is a no win no lost game for both of them.no need to be over happy if you hold Gamuda share
more than 20% capital distribution, too good to be true? NOPE get rich quick scheme? NOPE super generous management of amprop? YUP dumb a$$ market? YUP
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sephiroth
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Posted by sephiroth > 2014-05-29 09:35 | Report Abuse
won't move til ex-date in 4th quarter, earlier sapu 0.79/0.83, this week sapu 1.03/1.04 on top of last week sapu at 1.06/1.07, slowly sapu loh, go below 1.00, sapu some more, where can u get more than 20% return in less than 6 mths, amprop loh