Keladi is a cash rich company, as at previous FY quarter, has > RM140mil of cash placed with licensed bank. Also it has zero debt level in his accounting book, from financial prospective, I believe it would be able to handle to carry out the project.
Indeed, it needs $ for the project development. But do not forget, keladi can still raise fund through right issue not necessary borrow from bank. I have confidence on management and believe they would be able to handle debt.
Can anyone explain how to calculate for the dividend declared
First and Final Dividend EX-date: 08 Aug 2014 Entitlement date: 12 Aug 2014 Entitlement description: First and final dividend of 5% per ordinary share of RM0.10 each under single tier system
Seek advice: Understand the payment date is 26 August 2014. If we sell on the below schedule, do we entitle for the dividend payment: 1). 9 August 2014 or 2). 13 August 2014 Appreciate your advice.
Hi kun1971kun, the dividend ex-date is on August 8, 2014 (today) @ 5.00pm. Please check with your broker if you wish to know more about the dividend payout etc.
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zzzzz
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Posted by zzzzz > 2014-07-24 20:34 | Report Abuse
TP for tomorrow ? RM0.45 or RM0.50