EX-date 09 Sep 2015 Entitlement date 11 Sep 2015 Entitlement time 05:00 PM Entitlement subject Interim Dividend Entitlement description Second Single Tier Interim Dividend of 6 sen per share Period of interest payment to Financial Year End 31 Dec 2015
EX-date 11 May 2015 Entitlement date 13 May 2015 Entitlement time 05:00 PM Entitlement subject Interim Dividend Entitlement description First Interim Dividend - Single Tier of 6 sen per share Period of interest payment to Financial Year End 31 Dec 2015
that is possible looking from their balance sheet. suprised to see they distribute almost 90% of the profit!
They are among the beneficiary from bauxite mining in Kuantan, and the revenue of RM29mil is parked under property development revenue. That is why their property development margin is 36%! since cost for selling bauxite is meagre.
Last year I managed to get some shares from their IPO. If I'm not mistaken in their prospectus, they mentioned that the earning from bauxite mining will flow through until 2016. So expect good dividend income until then, unless, the state government decided to stop the bauxite mining license..
Bauxite mining is causing pollution in Pahang, coz tonnes of bauxite are loaded in Kuantan port, very congested, road is flying with red sand, the color of bauxite ore, waiting to be exported to China.
This means the bauxite mining is doing real good, some operator licenses are being suspended by local government, of coz tmakmur is not one of them, it has rock solid backstage one.
Before I selected this Tanah Makmur I did some Research & Brain Storming
Actually Company Report said that in Year 2014 Company Exported More Bauxide than this year of 2015.
It was due to congestion at the Port that held back delivery. These illegal miners from other parts of Pahang & Trengganu will be controlled or banned soon. As TMakmur is owned by Pahang Govt & Royalty I think it will be a non issue.
As there will be environment control and monitoring things will be back to normal. With ECER and lots of investments from China there will be plenty of jobs in Pahang.
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....
Mohd Fahmi Bin Jaes
29,153 posts
Posted by Mohd Fahmi Bin Jaes > 2014-08-11 18:38 | Report Abuse
wow