To my opinion HAP SENG is a better stock then Kfima.Dividend 8 cent tax exempted for Hap Seng, ex in themonth of July, better then the bank rate and Hap Seng business is more diversified then Kfima
ESOS just another way to reward employee, it normally won't have any impact on the share price. The price drop is due to US and China market, as well as commodities prices slump.
It'll take some time to reach the TP of RM2.50 as the ESOS holders have been progressively dumping the shares. Lets hope palm oil price rebound in the short and medium term.
chingco I got the information from my friend.Todays Sin Chew someone ask the author about Kfima and in short he answered the business is diversified and their earning is good but please be ALERT THAT IS HIS OPINION anyhow I already cleared my position and now I am focus on Hap Seng
But I go in @ 2.05. I taught stop leaking oredi, but still down I cts, this is ok going to make announcement expecting 8 cts dividend. N prepare to ave down.......
To-date, only 8,547m out of the total 26.316m (or 3.25% of out 10%) ESOS has been issued, another 17.769m shares to be issued
Impact to share price?
Below refers...
We refer to the announcements dated 1 August 2011 and 5 August 2011 in relation to the Proposed ESS. On behalf of the Board of Directors of KFIMA, Maybank Investment Bank Berhad (“Maybank IB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 12 August 2011, approved the listing of and quotation for up to 26,316,000 new ordinary shares of RM1 each in KFIMA (“Scheme Shares”) to be issued under the Proposed ESS subject to, inter-alia, the following conditions being fulfilled: (i) Maybank IB is to submit a confirmation to Bursa Securities of full compliance of the Proposed ESS pursuant to paragraph 6.43(1) of the Main Market Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting; and (ii) KFIMA to furnish Bursa Securities on a quarterly basis a summary of the total number of Scheme Shares listed as at the end of each quarter together with a detailed computation of listing fees payable. This announcement is dated 15 August 2011.
kfima holders may consider switch, or split 50% investment into cbip. cbip is generous in div payout, checkout cbip annual reports, read cbip projects intake so far. cbip does NOT sit on 250m doing nothing :D
disposed kfima at $2.2 diverted into cbip, till date this batch alone already earned +30c on share price :D
Except for last year when cbip sold of some palm oil plantation and made a lot of money, Kfima's growth in dividend payment looks better lei. But that is not the point, just that I don't simply shoot.
" checkout cbip annual reports, read cbip projects intake so far. cbip does NOT sit on 250m doing nothing"
So much to read lei. Can summarize and let us know why cbip is so much better as claimed by you ah? Business wise, operating efficiencies, cash flows, and don't forget their values in relation to price etc. Please summarize in your own words.
cbip share price is weak now, this is a good chance to switch (or split) before cpo price rebound, what would be the price of cbip vs kfima when cpo finally up? cbip stands better chance to payout more div compare to kfima sliding profit and do nothing cash, cbip share price gained proven far better than kfima over the years. yr $ yr choice!
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Posted by kcchongnz > Jul 19, 2013 11:38 AM | Report Abuse
ipomember, excellent points! But who do you think I am? An analyst working for an investment bank? An investment officer of EPF? A fund manager?
I am a small time investor, working on my own, living thousands of miles from boleh land. What do you think I can do? Go to their office to check their business? Talk to the management and employee, their suppliers, clients etc about their business?
One thing for sure. If the business is good and run well, it is shown in the ROE, ROIC, cash flows etc. You can see if shareholder value is created each year through the grow in their equity and dividend payment.
Agree?
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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....
yfchong
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Posted by yfchong > 2013-06-13 16:44 | Report Abuse
This company, is a star buy company....