tulip, icps is a preference share e.g pa. pls google if you want to know more or read titijaya's prospectus about this RI.
if you currently don't own any of these shares better avoid it now. if you have bought it and can't sell with a profit, then no choice you need to subscribe the right else pr will be burnt.
dividend is at the discretion of the company, meaning you may or you may not get dividend of this pa share. if they do then you get the preference first.
currently pr is trading at a premium, leverage on this is depend on individual preference. my advice is to let this all settle down first before planning your next move....better this way.
when we buy right share if there is certain discount there, then buy all mean you can buy their right else avoid. simple rule.
I bought OCR pa at 4.5 sen in August 2016 , at that time OCR was 42 sen...My TP for OCR on September 2018 is 75 sen...and TP for OCR pa is 30 sen on September 2018...
Conversion option 1 is 10 ocr pa to 1 OCR mother share
Conversion option 2 is 1 OCR pa +45 sen cash to 1 OCR mother share..
Pls help,I am new.i already bought 20,000 of PR.if I convert to mother share,will I lost or earn ,after deduct those commission and top up charges.....HL told me need top up around 3k + extra charges before convert to it. Sad..
he Board of Directors of the Company wishes to inform that Shah Alam City Centre Sdn Bhd (“SACC”), a wholly-owned subsidiary of the Company, had on 11 October 2017 received a Notice pursuant to the Land Acquisition Act, 1960 from the Petaling Land Administrator on the compensation of temporary occupation / usage of land for the purpose of “Projek Transit Aliran Ringan Laluan 3 (LRT) dari Bandar Utama ke Johan Setia, Klang, Daerah Petaling, Selangor Darul Ehsan”.
Details of the affected land and compensation are as follows:
No. Lot
Land size
Registered Owner
Compensation (RM)
PT 2562, Sek 13, HSD 298847, Mukim Bandar Shah Alam, Daerah Petaling, Negeri Selangor
65,216 square meter
Shah Alam City Centre Sdn Bhd
*Note: Payment of rental every 6 months for a period of 3 years starting from 1 November 2017. Payment has to be made at the beginning of every first month.
Whoa, additional yearly profit of RM21,750,060 every year for consecutive 3 years beginning 1 Nov 2017, sudden windfall for renting out the land, after 3 years the land still belongs to Titijaya !!
It translates to additional RM0.0416 earnings per share and based on conservative 15x per, shld translate to at least .6 rise... Brace for a gap up tomorrow and also split 1:1 is on the way
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....
smartly
6,441 posts
Posted by smartly > 2017-09-09 10:27 | Report Abuse
tulip, icps is a preference share e.g pa. pls google if you want to know more or read titijaya's prospectus about this RI.
if you currently don't own any of these shares better avoid it now.
if you have bought it and can't sell with a profit, then no choice you need to subscribe the right else pr will be burnt.
dividend is at the discretion of the company, meaning you may or you may not get dividend of this pa share. if they do then you get the preference first.
currently pr is trading at a premium, leverage on this is depend on individual preference. my advice is to let this all settle down first before planning your next move....better this way.
when we buy right share if there is certain discount there, then buy all mean you can buy their right else avoid. simple rule.