BOUSTEAD HOLDINGS BHD

KLSE (MYR): BSTEAD (2771)

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Last Price

0.855

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


7 people like this.

4,928 comment(s). Last comment by Thinkerbell 2023-09-16 07:41

taitaumau

276 posts

Posted by taitaumau > 2016-05-30 12:05 | Report Abuse

take note: new share converted from OR will not get 5 cents dividend
ex: 8 June

860000

208 posts

Posted by 860000 > 2016-05-30 12:07 | Report Abuse

oops... i missed that out.. forgot about dividends... but still ok la
10 sen difference still better than 5 sen dividends

hng33

20,492 posts

Posted by hng33 > 2016-05-30 14:40 | Report Abuse

Wow.....lucky escape -OR with 20% profit last week....otherwise...!!??

860000

208 posts

Posted by 860000 > 2016-05-30 16:36 | Report Abuse

FYI, now no more difference of net 5 sen after dividends between OR n mother... My advice during 12pm is not applicable anymore for now

hng33

20,492 posts

Posted by hng33 > 2016-05-30 16:53 | Report Abuse

bought back bsd-OR at 11-11.5en

kk123

1,964 posts

Posted by kk123 > 2016-05-30 19:12 | Report Abuse

Tomoro maybe become zero sen...expired tomoro..take note

860000

208 posts

Posted by 860000 > 2016-05-31 08:50 | Report Abuse

if today dun up, hng33 have to cut loss

hng33

20,492 posts

Posted by hng33 > 2016-05-31 12:14 | Report Abuse

Bought more bsd-OR at 7.5sen

kk123

1,964 posts

Posted by kk123 > 2016-05-31 12:41 | Report Abuse

Gonna be close to zero by 5pm..
Expired today !

860000

208 posts

Posted by 860000 > 2016-05-31 13:07 | Report Abuse

The rights will not be zero by 5pm. This is a rights to subscribe mother share... people can always choose to subscribe mother share

kk123

1,964 posts

Posted by kk123 > 2016-05-31 13:11 | Report Abuse

But those who cannot come up with 2.55 will need to throw it away by today..
Else in theory it will be zero value for those who cannot come up with the cash to subscribe
Eg 100,000 rights x 2.55 , u need rm255k to subscribe 100 lots!

kk123

1,964 posts

Posted by kk123 > 2016-05-31 14:11 | Report Abuse

I will play u something which sound like a michael jackson song:
Its dangerous...its dangerous...
Warning..warning..its dangerous..
Dont gamble with your money...
Its black or white...like casino...ur money can be gone...
Dont try and dont touch this !

hng33

20,492 posts

Posted by hng33 > 2016-05-31 14:22 | Report Abuse

hahahaha, if people cannot come out in RM 2.55...then, why still have buyer at 2.71 ler.....its just have different group of buyer....but all in actual, to be eventual target same stock share...bstead holding...therefore, offering arbitrary opptunity.....

kk123

1,964 posts

Posted by kk123 > 2016-05-31 14:29 | Report Abuse

$2.55 is for 1 unit..to subcribe
100000k =255k
1000000k =2.55million

The buyers are also sellers..
As time runs out, it most likely will approach infinity or close to zero...
As many may not want to subscribe..
So my advice is :dont touch this...
For those still wanna get burn..are always welcome to throw money away..

hng33

20,492 posts

Posted by hng33 > 2016-05-31 14:48 | Report Abuse

Sold back today batch at 8.5sen, reap more than 10% contra profit profit...but still retain yesterday batch.

kk123

1,964 posts

Posted by kk123 > 2016-05-31 14:52 | Report Abuse

Yesterday batch u seem to lose like 50%...?
Contra loss 50% ..
Later ur loss can be like 100% !

hng33

20,492 posts

Posted by hng33 > 2016-05-31 15:59 | Report Abuse

Bought back again -OR at 7.5sen

hng33

20,492 posts

Posted by hng33 > 2016-05-31 16:16 | Report Abuse

Bought more -OR at 8sen

860000

208 posts

Posted by 860000 > 2016-05-31 17:11 | Report Abuse

bought so much OR?

murali

5,723 posts

Posted by murali > 2016-05-31 17:18 | Report Abuse

Sold all Or at 0.08,realised 40% loss,no chicken rice for weeks??

kk123

1,964 posts

Posted by kk123 > 2016-05-31 17:34 | Report Abuse

Maybe he jumped ? With such loss i believe it will be tough

murali

5,723 posts

Posted by murali > 2016-05-31 17:42 | Report Abuse

He bought little only..just try to make some money for chicken rice lunch

kk123

1,964 posts

Posted by kk123 > 2016-05-31 17:43 | Report Abuse

Maybe he lost a chicken farm..
Dont think he made it..

Posted by billionchew > 2016-05-31 21:41 | Report Abuse

"tomorrow" will be better , be optimistic! Boustead will be a Hero in 2017.

hng33

20,492 posts

Posted by hng33 > 2016-06-01 08:41 | Report Abuse

At average holding cost now down to about 8.9 sen....-OR still have positive arbitrary gap, have its intrinsic value, of course, i will opt for oversubscribe at '0' right cost to further lowering -OR, convert all at RM 2.55.....should still making reasonable profit.

Boustead holding is consider high dividend yield stock....convert to boustead at RM 2.55 have limited downside risk.

murali

5,723 posts

Posted by murali > 2016-06-01 09:18 | Report Abuse

Certainly Hng33 is not looking for div yield if u knew his trading patterns (he is happy to sell for 1-2 cents gain). I think it's funny for him to subscribe for the rights at Rm2.55 just because he doesnt want to cut loss on OR (due to pride or ego??)

I wouldnt surprise at all if he later sell his mother share for few cents gain (if any). Funny, to put in so much capital for little gain (in terms of percentage).lol

860000

208 posts

Posted by 860000 > 2016-06-01 09:51 | Report Abuse

he may need few hundred thousand ringgit for subscribing it

kk123

1,964 posts

Posted by kk123 > 2016-06-01 18:26 | Report Abuse

I think he may not have tell the other side of the story..on his big contra losses..
I dont think he made it..

860000

208 posts

Posted by 860000 > 2016-06-02 09:11 | Report Abuse

aiya... Lose few days does not mean gonna lose forever

hng33

20,492 posts

Posted by hng33 > 2016-06-02 10:37 | Report Abuse

Lollllll, such high dividend yield stock at such cheaper entry at 2.55 is just too good to be true.....

hng33

20,492 posts

Posted by hng33 > 2016-06-02 10:45 | Report Abuse

Boustead current quarter loss can be consider one off event due to cost overrun for its heavy engineering to build navy vessel....the capital call will meet boustead finanaical need and re energize it to move forward.

murali

5,723 posts

Posted by murali > 2016-06-02 10:47 | Report Abuse

Talk so much for what...u will just sell if u can get 1-2 cents....div yield???? Lol

hng33

20,492 posts

Posted by hng33 > 2016-06-02 10:48 | Report Abuse

As shown clearly, despite boustead capital call, it still opt for dividend payment....in which its major shareholder lembaga tentera is sovereign fund to take good care of country arm force affair and their retirement benefit......therefore, boustead will continue retain as high dividend yield stock

hng33

20,492 posts

Posted by hng33 > 2016-06-02 10:55 | Report Abuse

Hahahaha, negative minded will always get backfire lolllllll

murali

5,723 posts

Posted by murali > 2016-06-02 10:58 | Report Abuse

Never buy LKL? Can earn RM0.02 oredi...big money for yr chicken rice meals....lol

murali

5,723 posts

Posted by murali > 2016-06-02 10:59 | Report Abuse

U subscribe Bstead at RM2.55 also aiming for 2 cents gain...better buy LKL...

hng33

20,492 posts

Posted by hng33 > 2016-06-02 11:20 | Report Abuse

Lets wait and see, how many extra share can entitle for my oversucription and what will be my right share price once it's listed...hahahaha

chebc

3 posts

Posted by chebc > 2016-06-02 11:27 | Report Abuse

ANYONE received the form ? I am still waiting for the form.

The Date of Despatch of the Prospectus and Provisional Allotment
Letter of Offer : 26 May 2016

hng33

20,492 posts

Posted by hng33 > 2016-06-02 13:44 | Report Abuse

Nothing to worry, Investment bank will do everything for you, just give them order......these is service you deserve be it.

860000

208 posts

Posted by 860000 > 2016-06-02 14:08 | Report Abuse

if not nominee account, need to do all by ourselves

chebc

3 posts

Posted by chebc > 2016-06-02 16:02 | Report Abuse

ANYONE received ?

hng33

20,492 posts

Posted by hng33 > 2016-06-02 16:14 | Report Abuse

Bsd share continue recover.....if sustain, upcoming right share will be in handsome gain .....hahahaha

W2CD

116 posts

Posted by W2CD > 2016-06-02 16:58 | Report Abuse

Just call the share registrar. They will check for you whether it was sent, and to what address it was sent to. If it was lost, then they'll give you a new form to fill.

dokh

2 posts

Posted by dokh > 2016-06-02 18:08 | Report Abuse

Hi, I hope someone could help here. Say I have 1000 shares of Bstead in my account, and they are giving me 400-OR as can be seen in my CDS account. I did not sell the OR, but subscribe through the form for 400 additional shares @2.55 and paid RM1020. Now, rightfully I will have 1400 (1000 original+400 subscribed) shares after 8/Jun. Based on 1400 shares, I will get bonuses of 560 shares on top of the 1400 which makes 1960 shares in total. Am I correct in my calculation? Thanks.

chebc

3 posts

Posted by chebc > 2016-06-02 19:02 | Report Abuse

@W2CD , tq for helping out.

The form can be downloaded here. This is the file "BHB-NPA RSP.PDF "

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5100277

Just get ready the following = >>> i. setem hasil RM10
ii. banker cheque
iii. poslaju envelope
iv. CDS account number

Latest date to send out 7/6/2016 ( tuesday ) , unless they extend it

W2CD

116 posts

Posted by W2CD > 2016-06-03 10:03 | Report Abuse

@dokh, you are correct. @chebc, no probs bro.

dokh

2 posts

Posted by dokh > 2016-06-03 10:31 | Report Abuse

@W2CD, thank you very much, appreciate it.

kahtuck

13 posts

Posted by kahtuck > 2016-06-03 10:55 | Report Abuse

i have received the green from on 30/5
Anyhow, u still can download from Bursa

hng33

20,492 posts

Posted by hng33 > 2016-06-06 11:03 | Report Abuse

Yesssssss.......now, just hope can get back my right share soon at merely RM 2.55

Posted by Simon Seah > 2016-06-10 17:24 | Report Abuse

when will i know answer?

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