got dividend or not? tired of waiting. The BOD of IGB still haven't made their decision on the offer, moving like a bunch of doddering old men until the snail also moves faster.
only 5 sen dividend; I thought that they will declare a higher amount with such good profits and make the rm3 offer price at least more attractive. Bloody cheapskate.
who knows, IrisTan? the minority may be too exhausted to dance any longer and they will just take the lousy price offered by the cheapskate buyer so that they can move on with their lives.
they have to get the price to go beyond 3.05 if that is the plan since a 5 sen dividend is already assured if shareholders wait. And selling in the market involves costs which accepting the offer doesn't. An attractive price should be at least around 3.10.
Vote Yes and get the opportunity choose from 3 options depending on your analysis. If you think nta of Igb is high, then swap for Goldis which have an even higher nta. Good luck
Yeah. Goldis has higher NTA, only for now. If take over go through, dont forget Goldis will issue new share, so in the end everything will come to a square. Existing IGB shareholder does not enjoy anything but selling everything at dirt cheap price and handling billion of hard cash to Goldis. Wait for few years until Southpoint and southkey project complete, you will see profit improve and share price will follow.
As for why Goldis is paying less dividend and IGB is paying dividend well, i guess is because Goldis need to serve the interest of their preference share. So, IGB is the ATM machine for Goldis, thats why now IGB enjoy higher dividend. If take over go through, mostly they will tell you they need to reserve cash for development. So after serving the enlarge Preference Share, nothing much can pay for dividend.
@danny123, Opt for Goldis Pref if you want higher div ie 4.28% @tipumakam, diluted Goldis after offer will still be relatively high as it currently hold 75% of Igb.
Vote yes and realise immediately your investment via any of the 3 options that fancy you. No point waiting for more years to profit from your investment. Cheers and all the best.
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....
danny123
1,218 posts
Posted by danny123 > 2017-07-27 16:23 | Report Abuse
HAPPY TRADING & HOPE EVERYONE WILL MAKE MORE MONEY FOR THIS COUNTER.