Guys, don't sell...in fact buy. TIMECOM giving DIGI shares FOC (as dividend), 24 DIGI shares per 100 TIMECOM shares owned...this is a dem good deal wei! Going ex-10 June
corrections,based on ratio: 100 tdc shres :24 digi.shres .1 tdc shres = 24/100 =0.24digi shares and NOT 0.24cents.say u buy 1 tdc shre at current price ,$4.620 ,u will receive 0.24 x 4.680 =$1.12 ,so if u invests $4.620 u will get$ 1.12.
But if exdate then will price adjusted to conversion...? Let say price on 9.6 is 4.60 then will on 10.6 opening 6/25×4.6=1.10 dividen of Digi shares if both close same price at 4.60... Then 4.60-1.10=3.50 opening price on 10.6.. What if on day of digi shares distributes in yur acc digi price fall?... I think short term trader with soft heart not suit to buy..
Of course ,adjustment after x date i.e less $1.12 ,of tdc price. Genrally,buyers that holds a longer time ,benefits n just a reverse if u buy now.fundamntally ,upside potential for tdc looks good after xdate.
lotusf1 yes, thanks for the correction. I was lazy to calculate, but the idea is there - you get 24% upside immediately when you buy TDC shares. DIGI shares should not have any adverse effect on this exercise. I know TDC senior management and from general sentiments, they are meant to be valued just like any other telco/celco in Malaysia
It is wise move by TDC management to migrate its business to Thailand as local telco subscriber likely to saturate with migration of consumer onto non conventional method using like LINE,KAKAO TALK,WECHAT n others..
RHB : We only have a Buy call on TdC for its cheaper valuations compared to its domestic peers and strong growth prospects in the regional bandwidth business. LAST CALL......
@arebear "Then came in 2012, i change my strategy and i want to be more like an investor or at least short term investor (holding a stock at least for 3 years). 1st Stock i bought is very small cap PRLEXUS, i still hold TIMECOM, MAGNI and UOADEV. My biggest success so far is PRLEXUS with average price of 0.644 (price including the broker charge).'
- Seems like you learned from you earlier mistakes. that is good. made similar mistakes also. nothing wrong with that. the companies you now own have done pretty darn well. thanks for sharing. i like consumer/fmcg, packaging (i missed MAGNI, because i focused on TOMYPAK and DIABOCHI), financials and cement.
TIMECOM good long term hold especially with the new team
UOADEV (i avoid property as i already invest in financials and cement and don't want to triple-up!) were also on my earlier lists. but i don't have $$$ for all the shares i want!
Sorry to ask such question. I am new to TIMEDOTCOM. Today already post-X date. Why are people still dump the share? Is it because those who bought before X date already entitled to DIGI shares?
Yalooo already entitled liao.. Let say u buy 1000unit cost RM4600(not include brokarages fees) at RM4.60 on FRIDAY and u sell at RM3.60 dis day technically u lost RM1000 but since u got DIGI shares on 21.6 rite? Then if DIGI shares can maintain at RM4.60 u still untung RM10O(not include brokerage fees)(240unit×RM4.60=RM1100-RM1000)... thats is depend on u wether u are TRADER,INVESTOR or BOTH(keep one rather both of them)...
I want to ask a couple of things for more astute investors.
1) Why Strip Time.com of its prized asset? 2) Doesn't it seem rather self-serving, to the CEO & his partners? 3) Without the Digi asset and dividend, how does Time.com mitigate risk? 4) Wouldn't the Digi asset be MORE valuable in Time.com, to leverage in an emergency situation, whereby CASH is needed or collateral required for borrowings?
Afzal urged the shareholders to not worry about the dilution of its passive income, but instead focus on the growth prospect of the company’s core operating earnings
He said TdC received RM90mil from DiGi’s dividend payout last year.
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....
necro
4,726 posts
Posted by necro > 2013-05-28 19:51 | Report Abuse
Dah umum dah....
10.6.13 is EXDATE OF DIGI SHARE DISTRIBUTION..