smallfish, 1 lot is 1000 units. 100 units is the minumum amount you can trade each time.
Let me put it this way, don remember the formula, but understand what happen here.
Normally share price should be standard RM1 for 1 unit of share. But some company use the lower par value on their share. Let take RM0.20 as an example. Meaning 1 unit of Mudajaya share is only Rm0.20, but standard should be RM1. So RM0.20 is 5 times smaller than RM1. So same to the dividend.
take 15% as an example. Since the par value (RM0.20) is 5 times smaller than RM1, so the 15% need to be divided by 5 as well.
15%/5=3%.
So 3% of RM1=RM0.03 or 3sen.
That's how you get Rm0.03 or 3sen for Mudajaya 15% dividend.
Or you remember the formula. However, if you do not oftenly use the formula, you will forget. On the other hand, if you know how they define the formula, you will remember that for life.
The way I explain may not be the best and not a professional way, and could be wrong in term of many terminology, correct if anything wrong here.
maybe this biji mudatidor will have chance to bangun soon since this fella Ng has temp stop selling and instead bought a little together with his tidor partner Anto :)
Date and time of the AGM : Tuesday, 18 June 2013 at 10.00 a.m., or at any adjournment Venue of AGM : Level 11, Menara Mudajaya, No. 12A, Jalan PJU 7/3, Mutiara Damansara, 47810 Petaling Jaya, Selangor Darul Ehsan, Malaysia Last date and time for lodging the Form of Proxy : Sunday, 16 June 2013 at 10.00 a.m.
Be really careful with this counter, i receive really bad feedbacks from clients dealing with them.. ALL mudajaya projects are currently behind schedule. Expats are complaining on their plant projects. The whole world is looking for their indian MD which is wat i heard is that he is a useless guy. Their MRT project is hurting their profit, running at a loss. Just my advice, i wont invest in a bad reputation company. Investment is all about knowing the company well enough to invest in them. =) Cheers
martini, you get your information from the wrong end....for heavens sake the clients think they r rite all the time. Look at MAB trying to air asia for the delays. The truth will only be known if it goes to arbitration...if the client dares. The client causes delays and expects mudajaya to play ball according to their tune...no way.Have you passed by the MRT project recently, immense progress in the last couple of months especially since the new CEO arrived and has been spending lots of time there. Anyway projects are based on progressive payments and milestones....so when you say running at a loss doesnt quite make full sense....its not like buying and selling at grocery shops. Also, there couldnt have been a better replacement as the MD for mudajaya. maybe you should be talking to the board and not mere hearsay. sounds like sour grapes.
Im serious. Its not sour grape, ive been monitoring this stock since last year and getting feedback frm gamuda's Project management side and i double confirm with their staff internally.i dont simply spread news unlike a few in this forum. Its not what u see on the surface but under the water. Did u know they want the project so much they under priced everything..
Allow me to comment. Do you know that Mudajaya swept all awards in the construction sector in the Edge Billion Dollar Club for the past two years including highest returns, strongest growth etc.
NTPC is the largest power producing company which has finally agreed on the signing of FSA with CIL. Previously, there are concerns on quality of coal supply etc... Now seems both parties have agreed the terms.
Since the larger company already conclude the signing, those smaller power producing companies including RKM may not have much more negotiation power. Therefore, they may sign in near future.
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....
smallfish
124 posts
Posted by smallfish > 2013-06-14 14:39 | Report Abuse
1 lot is equal to 100 shares.
RM0.03 per share x 100 shares = RM3 dividend per lot.