Listing date 07/10, deadline to change cash is within 3 mths listing date, change cash within 2 mths ----> no charge and hav to write in to amprop. 2nd mth to 3Rd mth ----> more complicated process.
After 3 mths , no cash can be redeemed but they will pay u 2% interest based on 50cts ------> FD EVEN HIGHER RATE.
RCPS matured on year 2019, 2 RCPS get 1 mama.
I mean may be u can sell RCPS now and wait n see.
I expect RCPS will start to fall after 3 mths listing and the price will follow 1/2 price of mama, remember RCPS can get interest 2%, but not DIVIDEND.
The RCPS shall carry a non-cumulative preferential dividend rate of two (2) sen per RCPS per annum, being 4% per annum calculated based on the nominal value of the RCPS, to be declared and payable annually in arrears, subject to availability of distributable profits.
Mr Lim, my opinion is , every share price at that moment is consider as " Market Value " ...........
Market Value means -------- > Market is giving its price at this time.
Wait for the signal......... it still need some fresh news ........
!) Energy renewal --------> new news but currently market don't play energy stock due to low price of crude oil. 2) Property segment at UK ------- > As England PM foreseen there will be a recession soon 3) Japan Mall ------ > I NO NEED MENTIONED AGAIN 4) ESOS --- > pls check on their annoucement, the price they offer to their staff 5) Rental Segment -------> i only see Amcorp mall is doing well but others , keke...... ( But most of their office n property quite old liao, didn't renovate)
may b it needs a couples of new development at PJ area aka NEW Condominium or new highway etc........
Hope or mayb it got any other positive issue as well...... Lets pray or just avoid this temporary.
Actually amprop is quite a remarkable stock , its run from low 32 cts at yr 2010 to high 1.49 this year , almost 400% gain in 4 years including dividend.......
From RCPS price , we can know some "BIG HAND" is supporting its price at 490-495..... i tried yesterday..... i ask my bro in law to dispose all his rcps at .495 and .490 ....... .495 pickup by a same hand. Quite a numbers of shares.
They did very well actually........ coz support the RCPS price to avoid share holder go n redeem the RM 500.00
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....
limchimleong
1,732 posts
Posted by limchimleong > 2014-11-17 16:26 | Report Abuse
想不到vege只有三十三岁,真是英雄出少年,长江后浪推前浪,要改口称呼你vege老弟了,因为比你痴长了二十一岁,这么多年来,股票都是傻傻买,傻傻输,运气好的时候,就赢那么一点点!