It may starts engine as early as tomorrow because this forums or cmsb had ran out of retailer . All here are long term Sarawak resident who know what happened on tanah air sarawak
Sad day. Looking at how the king share of Sarawak being punished by hundreds and hundreds lots of sellers at the end. To what extend the punishment will end?
EGM on 15 May 2014, based on Hup Seng, the ex-date will be about 6 weeks away, i.e. around 30 June 2014. Quite a bad timing because it is middle of soccer World Cup. Should be quite a low ex-price. Better to accumulate after the ex-date.
I have access to a block of 5,000 shares of Alibaba at institutional price, pending IPO submission to NYSE any time now.
The current grey market price already exceeded the institutional price by USD12.16 as of today but can't sell before IPO.
I have already locked in a number of lots and this additional block of 5000 shares are reserved for me, having the right of first refusal. I am very thigh with my funds and still holding 20k shares of cmsb. intend to share with a few others who are sincerely interested and understand Alibaba, Softbank and Yahoo counters, you will know what I am talking about. Only interested parties, please email me: cspettham@gmail.com
Probably now is the time for up uptrend to meet TP 12.200... Strongly believe that government linked stock will normally fly like rocket as we see so far like CMSB, NAIM, DAYANG, DSONIC, MAS(Before)...
(Kuala Lumpur 17 April) assessment services agency in Malaysia (RAM Ratings) give Cahya mata Sarawak (CMSB, 2852, shares of industrial products mainboard) "AA3 / stable / P1" corporate credit rating. CMSB is started from manufacturing cement in Sarawak _, after expanding their business territory to trading of building materials, road maintenance, construction and industrial development. Malaysia assessment services agency noted that the rating reflects CMSB leader position in Sarawak, and let their counterparts in the face of West Malaysia, more competitive, and have a more powerful bargaining power. "Based on CMSB has a good distribution network, we believe the company can maintain dominance." Meanwhile, the Government is committed to the development of Sarawak through various programs, the most important program of non Sarawak Corridor of Renewable Energy (SCORE) plan perfectly. The program will support the development of the construction sector in the state, so as to promote the needs of cement and other building materials.
CMSB RM9.35 support Stock market Hot stocks Technical Review 2014-05-01 14:11
Cahya Mata Sarawak (CMSB, 2852, Mainboard industrial products share) daily price trend fell on April 30, into a short-term correction trend, below the support line after 9.80 ringgit closed at 9.54 ringgit, down 34 cents daily or 3.44% . The stock material should be made between support at 9.35-9.53 ringgit in the near term.
I think we are now facing the near term support 9.35-9.53 as stated above...happy too early liao...XD Dont know how long will it take to break the stated figure...
Cahya Mata Sarawak (CMSB, 2852, shares of industrial products mainboard) daily trends show on May 6 during the day with some upward trend, closing at 9.53 ringgit, up 21 cents daily or 2.25%. Short-term increase in resistance, and will be in between 9.54-9.70 ringgit level.
CMS may rebound after holding above the 50-day MAV line. Traders may buy if it stays above MYR9.50 today, with a close below MYR9.30 as a stop-loss. Should the MYR10.00 resistance level be broken, the price target will be MYR10.50. However, failure to stay above MYR9.50 will likely see the stock trading sideways, while further support is at MYR9.00.
I hope it will break 10.00 on the EGM day (15 May 2014) before it consolidates while heading towards to the bonus/split ex-date which is around 30 June 2014.
CMS may rebound after holding above the 50-day MAV line. Traders may buy if it stays above MYR9.50 today, with a close below MYR9.30 as a stop-loss. Should the MYR10.00 resistance level be broken, the price target will be MYR10.50. However, failure to stay above MYR9.50 will likely see the stock trading sideways, while further support is at MYR9.00.
Dear experience share players, suppose the ex-date is 6 June and I have 1000 units, when will the 3000 units be deposited into my CDS account. This is the very first time I am expecting the bonus/split shares. Is it 7 June or 8 June or 9 June?
Hi 8wpwtmt8, normally announcement would have ex date, entitlement date(cds), and payment, for example if the dividend, bonus or right issue ex date fell on 6 June, as long as buy in before or sell on ex date 6 June, could enjoy those benefits...if buy in after 6 June may not have any benefits... payment date which they release the payment...just consider on the ex date...
8wpwtmt8 ...check here is in the proposal page 5 sec 2.3.3
2.3.3 Ranking of the Bonus Share
The Bonus Shares shall, upon allotment and issue, rank pari passu in all respects with each other and the Subdivided Shares, save and except that they shall not be entitled to any dividends, rights, allotment and/or other distributions, which may be declared, made or paid to the Shareholders, the entitlement date of which precedes the date of allotment of the Bonus Shares.
On 26 February 2014, the Board announced the Proposed Dividend. The Proposed Dividend, if approved by the Shareholders at the forthcoming 39th AGM, will be paid on 20 June 2014 to the Shareholders whose names appear in the Record of Depositors of CMSB at the close of business on 6 June 2014.
The Board intends to fix the Entitlement Date on a date after 6 June 2014 (being the entitlement date for the Proposed Dividend) and accordingly the Bonus Shares shall not be entitled to the Proposed Dividend
limayseng: 6 June 2014 is not the ex-date for bonus/split issues. The date will be after 6 June 2014 so that the bonus shares shall not be entitled for dividends.
"The Board intends to fix the Entitlement Date on a date after 6 June 2014 (being the entitlement date for the Proposed Dividend) and accordingly the Bonus Shares shall not be entitled to the Proposed Dividend".
I don't think CMSB can surpass RM11 before the ex-date. It seems that it's momentum is getting weaker and weaker. Quite likely it will be between RM9 and RM10 at ex-date.
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....
Eastern_Tea
663 posts
Posted by Eastern_Tea > 2014-05-04 11:11 | Report Abuse
Extraordinary & annual general meeting will be held on 15 May 2014, bringing good news for blue chip CMSB shareholders...