yen boy: Thanks. So, despite the drop, it appears that Kurnia is presently selling at a very reasonable price. OSK has even upped the FV from 77 to 82 sen. Time to buy?
Report to SC if they don't give the big one. They should follow CI Hldg which give huge dividend after disposal of beverage business."Following the completion of KIMB Disposal on 26th September 2012, the Group will focus on expanding its existing general insurance businesses in Indonesia and Thailand, whilst looking for new investment opportunities".
Where is the announcement of 1 billion invest in Indonesia? KSK should be target of those looking for cash rich companies like Inc Kenneth, SBagan, etc.
Ok get it miss interpret :) So will it be so generous to give us to share the 1bil revenue? Basically by which form ?Income distribution or dividend but finally I'm sure they will declare as capital gain & reinvest :)
The Company wishes to announce that the Board of Directors of KSK ("Board") has today received a letter from Tan Sri Dato' Paduka Kua Sian Kooi, being the major shareholder of the Company ("Offeror"), requesting for the Company to undertake a selective capital reduction and repayment exercise pursuant to Section 64 of the Companies Act, 1965. The Proposed SCR entails a capital repayment of a proposed cash amount of RM0.65 per ordinary share of RM0.25 each in KSK held by the entitled shareholders of KSK on an entitlement date to be determined later.
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....
andyopto
46 posts
Posted by andyopto > 2011-12-15 11:51 | Report Abuse
Kurasia need more solid fundamental to bring it price higher trade with caution