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Last Price

0.23

Today's Change

0.00 (0.00%)

Day's Change

0.23 - 0.25

Trading Volume

99,400


8 people like this.

2,074 comment(s). Last comment by weixuan0325 1 day ago

optimuss

1,321 posts

Posted by optimuss > 2014-07-01 23:36 | Report Abuse

oh boy....1.50 is awaiting u...

optimuss

1,321 posts

Posted by optimuss > 2014-07-01 23:37 | Report Abuse

if u missed on selling the 1.50 level where it may hold for quite sometime. then u have to sell at 1.00

chia88

1,189 posts

Posted by chia88 > 2014-07-02 00:12 | Report Abuse

FV is 2.28c, I bot 10 years ago at 0.99c only.

tjhldg

27,218 posts

Posted by tjhldg > 2014-07-02 00:14 | Report Abuse

uum uum uum

Dinasor

18 posts

Posted by Dinasor > 2014-07-02 09:12 | Report Abuse

Another koyak today

jmstar

40 posts

Posted by jmstar > 2014-07-02 09:57 | Report Abuse

rebound should comes in anytime now

Posted by patricksim53 > 2014-07-02 10:36 | Report Abuse

I can only think of 2 reasons for the downturn - the litigation case and FELDA. Anyone got latest news on them.

kasake

17 posts

Posted by kasake > 2014-07-02 17:22 | Report Abuse

alamak, see you next century.

breadman

310 posts

Posted by breadman > 2014-07-02 23:51 | Report Abuse

i also searching for the latest news

Posted by nicky00906 > 2014-07-04 09:54 | Report Abuse

Start to collect now!

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-05 13:38 | Report Abuse

Felda take over aborted

tjhldg

27,218 posts

Posted by tjhldg > 2014-07-05 18:00 | Report Abuse

kikikiii

breadman

310 posts

Posted by breadman > 2014-07-07 17:26 | Report Abuse

where u got the news brendon? mind to share?

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-09 20:09 | Report Abuse

Insider news...unconfirmed

Posted by MichaelBay > 2014-07-09 20:44 | Report Abuse

Laugh die me

breadman

310 posts

Posted by breadman > 2014-07-10 10:27 | Report Abuse

......

breadman

310 posts

Posted by breadman > 2014-07-10 19:47 | Report Abuse

Bonus issue and share split

ampabella

1,378 posts

Posted by ampabella > 2014-07-16 21:50 | Report Abuse

ini kali huat leow

ampabella

1,378 posts

Posted by ampabella > 2014-07-20 22:04 | Report Abuse

huat arrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Kukuman

2,118 posts

Posted by Kukuman > 2014-07-20 23:41 | Report Abuse

you must be the most happiest person

Jerry

1,895 posts

Posted by Jerry > 2014-07-22 11:23 | Report Abuse

really huat lah

ampabella

1,378 posts

Posted by ampabella > 2014-07-31 23:06 | Report Abuse

bor huat leow, very very charm arggghhhhhhhhhhhh

Jerry

1,895 posts

Posted by Jerry > 2014-08-01 13:13 | Report Abuse

boh huat liao mai si liao?

mewtwo

37 posts

Posted by mewtwo > 2014-08-02 15:40 | Report Abuse

seems like not a good share,sell on loss :(

Jerry

1,895 posts

Posted by Jerry > 2014-08-05 13:22 | Report Abuse

now price up leow, seems like good?

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-12 15:51 | Report Abuse

Up..up...up...wait for friday's good financial report !

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-12 16:33 | Report Abuse

Read... ...Some Logistic Companies kcchongnz

ampabella

1,378 posts

Posted by ampabella > 2014-08-12 23:12 | Report Abuse

tunggu durian jatuh

ampabella

1,378 posts

Posted by ampabella > 2014-08-13 20:40 | Report Abuse

durian sulah jatuh ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-14 20:39 | Report Abuse

Yahoooo..ooo... 5 cents dividen !!!Profit up...NTA up...

breadman

310 posts

Posted by breadman > 2014-08-15 12:18 | Report Abuse

this stock is not fantastic...not liquid enough....big holders holder majority of shares....hope the bonus issue will help to increase the liquidity....

ampabella

1,378 posts

Posted by ampabella > 2014-08-15 22:29 | Report Abuse

wah ada ang pau rm50.00 wor, not bad

hardrock

10 posts

Posted by hardrock > 2014-08-17 14:52 | Report Abuse

The recent corporate exercises of bonus issue and share split by Century Logistic is to enhance trading liquidity and the marketability of its shares.

The paid-up share capital consist of 122,064,297 shares. And after the bonus issue the share will be increase to 183,096,445. With the share split into 50sen the total amount of subdivided share will be increase to 366,192,890.

So what does that mean? When the company announce for bonus issue one of the reason is to reward the shareholder. After the share split it could further improve the liquidity of its share. This, of course the share price before bonus and share split it will go up further so that after the split the value of the company can be increase.

Let calculate from the closing price of RM2.52 the value of the company in total will be RM 307million. If the share had been split at RM2.52 the price will be adjusted to RM 0.84 and multiply with the new number of share 366,192,890 it give you back the same value of RM 307 million.
Let assume the price of the Century Logistic share after bonus and split turn out to be RM 1.17 per share this will give the total value of the company increase to RM 428 million (RM1.17 x 366,192,890) from RM 307 million.

In order to achieve RM 1.17 per share after bonus and split, the share price of Century Logistic have to go up to RM3.50 per share from the closing price RM2.52

And after the split, the share of the company will “look cheaper” and the trading volume could be further enhanced because the number of shares had been increased. Thus the value of the company will be increase in the same time.

Why need to increase the value of the company?

FGV has a RM4.4 billion war chest comprising funds raised from its initial public offering in 2012. And recently, FGV is scouting for logistic company to acquire, mainly is to exploring more options to unlock value of its transport and logistics division.

And early this year, FGV have the intention to acquire a significant stake in Century Logistics for the reason FGV wanted to inject its own transport and logistics division into a listed entity to create more efficiencies and scale.

FGV have set it target by year 2020 it wanted to achieve a yearly revenue of RM100billion. Recently it had lost the bid of NBPOL to Sime Darby, therefore FGV could have focus on other area in order to achieve it vision. One of the way is through Merger and Acquisition in other division such as their Logistic arm.

Now we all eye on the Century Logistic, will Century Logistic accepting any proposal from FGV to further enhance the value chain into FGV businesses?

ampabella

1,378 posts

Posted by ampabella > 2014-08-18 22:26 | Report Abuse

my predication after the bonus and split is rm1.00 , huat arrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-19 14:01 | Report Abuse

Will be more than a dollar.....

breadman

310 posts

Posted by breadman > 2014-08-19 18:32 | Report Abuse

Not yet approve and egm

ampabella

1,378 posts

Posted by ampabella > 2014-08-19 23:43 | Report Abuse

saya chin chai kong lah , if rm1.00 also earning rm500.00 leow

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-20 09:51 | Report Abuse

Will hit at least RM 3.00 when ex date comes....

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-20 09:52 | Report Abuse

Vow..strong buying at RM2.55.....

risktaker

32 posts

Posted by risktaker > 2014-08-20 10:21 | Report Abuse

Book closure announced.

ampabella

1,378 posts

Posted by ampabella > 2014-08-20 21:41 | Report Abuse

when is the book closure, i wait until my neck also very long leow

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-22 20:43 | Report Abuse

Hoo.ray !!! bonus and split approved by bursa....

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-22 21:09 | Report Abuse

up...up...up...will touch RM3.50.......still a good buy !!!,

yanxuan8

427 posts

Posted by yanxuan8 > 2014-08-23 17:43 | Report Abuse

Still a long way to go, EGM date is not set yet, no circular yet. Just be patient, not for contra definitely.

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-23 21:50 | Report Abuse

Correct me if I am wrong...earliest in Oct, latest by November...

ampabella

1,378 posts

Posted by ampabella > 2014-08-24 10:25 | Report Abuse

so long , wait until neck also panjang

yanxuan8

427 posts

Posted by yanxuan8 > 2014-08-27 20:19 | Report Abuse

Not a long wait anymore, less than 1 month! EGM 23rd Sep 2014 ye.

ampabella

1,378 posts

Posted by ampabella > 2014-08-27 21:28 | Report Abuse

ha ha ha sudah ang pau rm50.00 , appetiser nanti dapat main course

yanxuan8

427 posts

Posted by yanxuan8 > 2014-08-29 08:24 | Report Abuse

ha ha ha ... main course worth RM500.00, wait for the ang pau of RM500.00 by next month end ye.

Diamond7

2,376 posts

Posted by Diamond7 > 2014-08-29 20:03 | Report Abuse

Yum Seng !!!

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