Very tempted to go into glomac as valuation and dividend yield very attractive. However, already has exposure in pjdev and tropicana. If buy glomac, would be too much exposure in property counters
Entitlement date 03/12/2013 Entitlement time 05:00:00 PM Entitlement subject Final Dividend Entitlement description Second and Final Dividend of 3.5sen (less tax) per ordinary share of RM0.50 each
How to calculate the how much dividend I'll get if I got 1 lot @ 1000 unit of share at current price 1.12????? Can someone help? Thank you very much
newbie here got a question.. why does it says cum dividend when the ex-date is 29th Nov? supposedly it only shows the day before ex-date or it is usually like that?
In general properties counters are not doing as attractive as other counters after the new policies were out. May be a good time to collect the the price dip
Glomac Bhd reported a strong set of earnings in the second quarter ended Sept 30, 2013 at RM39.20mil from RM23.92mil a year ago, mainly due to higher share of profit from gain on disposal of investment properties recorded at the associated company.
The property developer said on Tuesday revenue increased 20.2% to RM155.80mil from RM124.40mil. Earnings per share were 5.39 sen compared with 3.5 sen.
Dear All particularly newbies like me, please be advised that the hike in revenue and EPS are also due to RM15m gain from disposal of investment in Melbourne, Australia at associate level.
"Results below expectations. Excluding the MYR15m net gain from the sale of its Australian investment, Glomac’s 2QFY4/14 core net profit was MYR24m (+1.2% YoY, +0.3% QoQ). This lifted 1HFY4/14 core net profit to MYR48.3m (+7.6% YoY), making up only 38% of our and consensus full-year estimates. We reckon the shortfall in earnings was due to slower-than-expected progress billings due to a labour shortage in the construction industry in 2Q and 3Q this calendar year." - Maybank
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....
hng33
20,510 posts
Posted by hng33 > 2013-11-08 12:12 | Report Abuse
Bought Glomac at 1.07