just bought 50,000 YTL-LA @41.5 sen and 50,000@42 sen 1 week ago. Buying for the decent current yield of 3.67% (based on 42.5-42 sen) and waiting for the 1.32 conversion ratio to kick in from 7th-8th year onwards
buy ytl land la reasons:- 1) Protect capital during bear market 2) High interest yield 5% to 6% next 6 years 3)Long term capital gain 100% to 400% and depend performance of mother shares. 4) Retired earlier. 5) Sleep peacefully.
Property development cost per share = 2.431 Land held for development per share = 0.931 Net debt per share = -2.087 If you believe uncle yeoh is able to turn all property development cost to sales, then ytll-la is a good investment.
yes. buy ytl land la to protect capital get burn and enjoy interest every 6 months with 5% (first 3 year) and 7% ( final 3 years) which better than FD.
As long as u bot before ex date, u will be entitled for interest payments by the company. Let say if you bot 92400 units at rm0.49. Then your interest received will be 92400 units x rm0.0225/2=rm1,039.50 and interest yield return is rm0.0225/rm0.49=4.59% per year after u receiving two times interest payments from the company. This is better than FD.
is this LA not attractive anymore? from the 7th-8th year onwards need 1.32A to convert to 1 mother share? so LA 40.5sen x 1.32 = 53.46 cts but mother share is only worth 40sen?
next 3 years, you get interest for rm0.03X3=Rm0.09 after Ex date, (RM0.405-RM0.09)X1.32= RM0.4158 After 3 years, market uptrend . If mother shares go up to rm1.00 (RM1.00-RM0.4158)X100000= RM58,420 profit
Ridiculous poor takeover offer by YTL to YTLLand LA Holders (nominal value 50 sen with 6% interest) at almost all time low price of 32 sen. So unfair and unreasonable ! Vote against offer and/or don't accept offer so that YTLLand can remain listed !!!
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....
verbatin1969
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Posted by verbatin1969 > 2015-01-18 23:00 | Report Abuse
just bought 50,000 YTL-LA @41.5 sen and 50,000@42 sen 1 week ago. Buying for the decent current yield of 3.67% (based on 42.5-42 sen) and waiting for the 1.32 conversion ratio to kick in from 7th-8th year onwards