Despite falling to such a new low and currently being a "cash company", any announcement / acqusitions / take-over of a venture / company / projects is always good for market sentiment.
After reading some salty comments, it is clear that some might have missed out on the eligible dividends or bought too high (and now forced to hold and pray) LOL.
Hi.. really noob here.. If I buy on 16/8 still can get dividend..? Let say price 0.37 and dividend given 0.44 for every OS.. means 119% ROI? Sorry i did not know how this works.. still learning.. thanks for the coming explaination..
Bob.. once it enters ex-dividend u can still buy but no div wil be paid to u (RM0.44/share). please take note next time that buy a working day before ex-dividend date u will be entitled to the announced dividend and paid on the payment date announced. hope it helps =)
Understood.. Thanks kenxs.. appreciate your answer and advice.. will analyse more.. btw.. means if i buy 1wd before ex-rate im eligible for full 0.44.. not prorated?
Not one to say I told you so, but in this case I am. Not everything in the investing world is about fundamentals. Yes, its important but not everything.
Gotta learn to put 2 and 2 together, as per my post below.
---------------------------------------- Posted by bizzybone > Aug 3, 2017 05:25 PM | Report Abuse X
@ gushan, yes the risks are there. Will there be a sell down post ex? Yes. This is probably a given.
But this is not just a special div play. The Company as a whole is remodeling itself, akin to a restructuring.
What will be left of the Company? It has been stated clearly in the Circular that it would very well end up being a PN17 company. As with all PN17 companies, they have a 12-month period to submit a regularisation plan. Bear in mind that not all PN17 companies are bad.
The Board has stated that it intends to maintain the listing status. Why maintain it if there are no plans in place already?
As mentioned earlier (verbatim from Circular): "However, as announced on 24 May 2017 and 29 May 2017, the Company together with its major shareholder Catcha Group Pte Ltd are exploring opportunities related to internet cities across the Asia region."
Rev will be a nice clean "shell" with no legacy issues to take on a new role together with Catcha Group.
I don't usually say much on this forum. But I'm laying out the facts. I'm not saying buy blindly, but make an informed decision.
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....
huat888
514 posts
Posted by huat888 > 2017-08-14 16:21 | Report Abuse
What price 0.40 now, entitle to 0.44 dividend???