probably week after next. results will be good since last 3 qtrs already surpass last year's achievement. Divvy will be higher than last year's 12 sen. Hope they will continue with the DRIP though.
and i wonder how much is the issue price of the shares under the Dividend reinvestment scheme. last time it was RM2.0x right (correct me if I am wrong) but now market price has dropped below that value
I think UOAdev have 50% dividend payout policy, it is estimate to proposed 13sen dividend after Q4 result is release, give rise to dividend yield about 7% nett
Point to note, RHB is valuing this Co at RM2.45 on 30% discount to RNAV. Share market is pricing this Co below what they will get assuming the Co were to be liquidated. How illogical is the market behavior..
they (or maybe just EPF) do buy at 2.00 but how far can it goes from 2.00? it already went up about 20 sens or 10%+ in such a short period. Correction should takes place soon especially when the sentiment of property sector is not that good.
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haikeyila
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Posted by haikeyila > 2014-02-11 16:42 | Report Abuse
probably week after next. results will be good since last 3 qtrs already surpass last year's achievement. Divvy will be higher than last year's 12 sen. Hope they will continue with the DRIP though.