015 anticipated net cash investment and buy high- dividend stocks --- [SAMUDRA]
Due to divestments , Toyo Engineering (SAMUDRA) financial situation , steady as a rock , in the year September 30 , net of cash on hand holds 9,000 27.23 million ringgit (RM92,723,000).
Toyo Engineering [SAMUDRA] total (%) 15.0 (4.5sen) Ex-dividend date : 04/03/15 Interest Payment Date: 30/03/2015
The decision to sell its O&G business is a good move. Now Samudra is loaded with cash while other O&G companies are going down with low oil price. I bet Samudra is going to have a better future soon. Stay tuned for the good news.
No need to sell this. Keep until the RTO news. Even if no RTO you will be given back your money. If you sell now, its like throwing money in the drain for nothing. Have faith brothers.
You are getting dividends...it show they have plenty of cash. Some companies with profit but never give dividends. If you sell now it is at a loss. Samudra is lucky to sold off their O&G so they are not greatly impacted. They have cash 97 million ringgit.
The company’s fundamentals remain solid, with zero gearing, and should offer a sufficient buffer that would enable it to ride through a slowdown in the oil and gas sector.
today green,oso cannot move,then tmr red,it follow down...hmmm,really have to learn about patient in life....no worried,bros...i am still holding it!and +ve on their futures....
richkid@may i know what's the meaning of "Even if no RTO you will be given back your money"? is it mean they will refund back?but is it true?just curious to know about this...thanks richkid
just keepla............Dunknow even i bought at high price, i cut other counters but not samudra. I have full faith on this counter even bad market now.
Haha...sbzk....yup...still keeping...just dunknow bout the refund back mah...but I do know that u r the hardcore fan of samudra..I wanna join in too...kiki
just got the AGM report lastweek by samudra, this is the 1st time i received the report by mail. other counters dont even sent this. I will be attending the AGM on 31st dec. Just 2 more weeks, for now just hold tight and no need to worry to much.
ask them already but they dont tell me the real plan.......... overall the resolution approved.... and get a nice lunch. Now just wait for the show to come only.
no worried bro,enjoy your lunch....when it should comes,it will comes....thanks sbzk....btw,RTO shld be P&C,so i don't think they will tell anything until ....
All P&C but slowly maybe people will start to chase. No news is good news...hahaha. Cash rich Samudra. Now is the best time to RTO cheap company. Speculation is good. Sure smiling. They are lucky to sell off the O&G division. Now O&G dropping like mad. All the best to all those still holding Samudra. I am hoping it will goreng soon.
KSTB: Eyes new business in oil and gas. Kejuruteraan Samudra Timur (KSTB), which has to submitted its regularisation plan to Bursa Malaysia Securities before the April 2 deadline this year, is currently looking to acquire new business or assets in the oil and gas industry, benefiting from the current downtrend in global crude oil prices. "We got the timing right this time. If there is any cheap or distressed asset (in the oil and gas industry), where the current shareholders could not sustain and where we have expertise in it, definitely we want to go in," its executive director, Darmendran Kunaretnam said. "We are following the price of oil very closely. We want very much to try to stick to oil and gas," he added. (SunBiz)
sbzk@you follow really closely on KTSB,bravo!agreed that it's a good timing for now....i think the management are working on it.....hope everyone of samudra fan huat huat huat!
If u believe oil price will rebound then Samudra venture is a correct one. Oil price will be surpress hard due to over production,shale oil,electric cars and hybrid cars....If they went in now with a gst company, within a short time, we will see the result...
Samudra should take over SYSTECH small company with big potential. Venture into IT biz. Internet business is good. Look at Alibaba and Googles. Billionaire company. haha...
dont worry about that Dunknow coz the dividen is still there. i know is hard to wait but when time comes you wont feel the pain. So for now just see what happen next!
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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....
richkid
8,140 posts
Posted by richkid > 2014-12-15 22:11 | Report Abuse
015 anticipated net cash investment and buy high- dividend stocks --- [SAMUDRA]
Due to divestments , Toyo Engineering (SAMUDRA) financial situation , steady as a rock , in the year September 30 , net of cash on hand holds 9,000 27.23 million ringgit (RM92,723,000).
Toyo Engineering [SAMUDRA] total (%) 15.0 (4.5sen) Ex-dividend date : 04/03/15 Interest Payment Date: 30/03/2015