Did some rough calculation 59million for dividen that means 40% dividen yield?? That's very handsome reward!! But risk will be suddenly the whole deal got cancel just like Bandar Malaysia case Lol
I heard the news on TV3, REV going take over by Media Prima last night so i jump in today :D then today read the news on star got Dividend..wah seii Waiting money come in only le
REV 70% share in REV Asia Holdings = Disposal consideration RM 73.5 Upon completion of disposal of 70% share - Dividend pay out RM 59M, about RM0.44/share (59/134.64) - other assets Cash RM 6.8M and 2 inactive 100%-own subsidiary Co. - NTA before dividend pay-out = RM 0.50, So after dividend, NTA = RM 0.06 - Trigger PN 16/17
Market price now RM 0.99/share Is it worth to buy in ? Sorry what say u
The drop potentially caused by contra seller as mentioned above. Before the news announced, some "smart" traders already get into position boosting it from 0.8 > close to 1.0. Some of them might not able to hold until the news announced or, they are not satisfied with the so called "insider info". Force selling is expected to be seen since the sell out is not so attractive to them.
To me, everything should be normal except management changes. RevAsia will still be around but Media Prima would have significantly more control. Hope the business continue to grow.
leealex...you need to pay attention to this...and post your comments after your review.
taitaumau > May 9, 2017 10:14 AM | Report Abuse
Do take notes:
REV 70% share in REV Asia Holdings = Disposal consideration RM 73.5 Upon completion of disposal of 70% share - Dividend pay out RM 59M, about RM0.44/share (59/134.64) - other assets Cash RM 6.8M and 2 inactive 100%-own subsidiary Co. - NTA before dividend pay-out = RM 0.50, So after dividend, NTA = RM 0.06 - Trigger PN 16/17
Market price now RM 0.99/share Is it worth to buy in ? Sorry what say u
None of the director sells their share after an announcement...I think they prefer to enjoy RM0.44 dividend instead. I will keep and enjoying the dividend...And buy in if drop further...
The way I see the shares being push up and down are by the same Operator involved for this Counter ! Private Placement coming up, it should be goreng up what, so what do you do, collect when it went down lor ! The Major Owner is not an Ordinary guy as Netflix was his Startup and now listed in NY Nasdaq ! He can do many more now that REV is leaner without much distraction as he is concentrating on the Bigger Picture in line after being appointed the Master Developer of Kuala Lumpur Internet City (KLIC) which is going to lead the "PACK" in the likes of ALIBABA and lots more Top Notch E-commerce Players of the World ! Take a longer term view my fellow investors/Traders. It just started and Shareholders are already given goodies in the form of ICQ Shares and now in three (3) months time, special Dividend of RM0.43 ! What more Goodies are on the Way, investors just need to have Patience as at the end should prove SWEETER than we expect ! This is an exciting Stock to watch out for !
yes...wt all these catalyts dangling in front of us...must be tempting to grab more at these discounted price...tomorrow see can nibble some or not...all d best
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....
suregain
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Posted by suregain > 2017-05-08 20:28 | Report Abuse
How many sen per share as special dividen?