Saturday, May 26, 2012

Sold TWRREIT



1. Sold my TWRREIT at 1.40. :)

2. Congratz hng, for your profit on Faber & Ytlp-wb. :)

3. I am still keeping tight on my UOADEV & Ytlp-wb. :) Hope can dispose them all next week. :)

4. Below is the Tambun write-up after RI, contributed from our cyber friend 'hng'. Thanks hng !

After right share, Tambun share volume will increase by 40%. Based on its latest Q1 result, EPS = 4.14sen, diluted EPS work out to be 2.95sen, Full year EPS= 11.8sen. Based on its 40-60% payout, dividend likely to be 4.7sen net for current financial year, which give rise to prospected 8.8% nett. 

As earlier indicate, Tambun already proposed dividend of 3.8sen nett for last FY2011, which subject to AGM approval on 15 June, dividend yield is 7.2% nett. 

Based on above fundamental, i could assure that even there is selling pressure upon listing of its right share on 4 June, but as investor, we could work out its intrinsic value and take into account its high dividend yield by waiting another 1-2wk to enjoy its dividend of 3.8sen nett after it secure approval for dividend payout in AGM on 15 June.

9 comments:

水也 said...

hi, can exchange blog address with u? thanks
http://wilsoninvest.blogspot.com/

hng said...

alwayswin111

Tambun on way to test its immediate resistance level at 57sen. Tambun share has been bashed down substantially ever since its right share, but Tambun fundamental remain intact and fund raising mainly to enhance its balance sheet and double up its new property lunched in its flagship Pearl township in Prai nested between current Penang bridge and new upcoming second bridge.

alwayswin111 said...

Thanks a lot

alwayswin111 said...

Hng
Foreigners heavy selling past 3days.

hng said...

Portfolio have on today bought more Tambun at 53-54sen, increase further stake in these 7% nett yield stock.

Portfolio have alos sold off all Faber at 1.41-1.42, realize all paper and contra profit

hng said...

horse

Congratulate on your Mudajaya, Laughing all the way to bank loh

hng said...

horse

Congratulate on your Mudajaya, Laughing all the way to bank loh

alwayswin111 said...

Hng, horse
Congrats

Teng said...

Hng/Horse

Congratulations on your Tambun/Faber and

Myntrade today only selling Mulpha at 42. Bought few days ago at 41

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