Thursday, September 20, 2012

GLOMAC 2.75sen Dividend Likely Announce On 16/10/2012

 
 
1. GLOMAC - Bought more Glomac at 0.785c to average down my cost. :( Selling presure is very strong. 2.75sen dividend to be announced on 16/10/2012, still long way. :(
 
2. If ex-price of a CI stock does affect KLCI index, then many people will short KLCI a day before MAYBANK goes ex. :p Those people will be making ton. ^^ I am not this is how it work out either. May be some expect out there can clarify. ^^
 
3. OSKPROP - Tomorrow will be going ex. Hope the price can come back after ex. ^^
 
4. IGBREIT - I was wrong about the listing date. :p Tomorrow is the first debut of this counter. Hope to grab some. ^^
 
5. Watch List - GLOMAC, OSKPROP, IGBREIT, HAIO, AEONCR
 
6. Good Luck all. !!!

53 comments:

hng said...

horse

Today, selling order keep come out despite share buyback. Glomac should able to do more aggressive share buyback as it last accumulated treasury share of 6.5% have sold its to LHT


Glomac is one of the highest dividend stock under property counter, yield at 7%. Glomac has unbilled sale of RM 731m and its landbank have total GDV of RM7b

hng said...

Kulim also commence its maiden share buyback today, snapped as much as 24% of today total volume

hng said...

I hope my decision to sell off OSK property and partial WC at loss could be offset by today stock picks: UEMland, UOAdev, Glomac and Haio

horse said...

hng,

Why don't you wait till after ex on OSKPROP ?

horse said...

Just hope that after ex, it could probably go back to 96sen level.

horse said...

good luck to your UOADEV, UEMLAND, GLOMAC & HAIO. ^^

hng said...

horse

As you known, OSK property final dividend of 5sen is taxable, which unable to claim back. But, initially, i was just wanna to sell my stake that carry cost of 95sen, but due to meltdown of market, and rise of other opportunity stocks that offer on sale, then i force to take action to cut all stake in OSK property that carry at cost RM 1.00 (right + bonus share) and swap to stock like UEMland, UOAdev and Glomac.

hng said...

horse

I think today OSK property volume was supported by major shareholder. Lets see in next few day to confirm it.

Teng said...

Hng

Kulim share buyback is good news.

Horse-tomorrow I am watching two Gamuda CWs (CV and CU?). I am more interested in the one with exercise price of 3.20,ratio 5. Will queue at 2.5 cents. First two days VWAP is 3.36 . Tomorrow islast trading day



Teng said...

Horse/Hng

Agreed with Hng. Dividen less tax is not very good. Price is adjusted base on gross dividend,not nett.

horse said...

Just wait after ex and see. Hope the price can come back to 96sen level.

DJ is not in good mood. :(

hng said...

Teng

Kulim have good cash flow and cash are keep rising from warrant conversion due to discount price. But Kulim warrant are now in premium already due to sharp selldown trigger by delay in completion of divestment QSR and KFC. This news have dampen investor sentiment whom eagerly waiting for kulim special dividend of at least 88sen

horse said...

Might want to sell all my GSP to unlock mroe cash for local bourses.

horse said...

Gamuda CWs. VWAP and issuer MIBB. 2.5sen maybe hard to get but if market slump there is possibility there. Good Luck.

I am not going in CW anymore, my fund will be standby for IGBREIT. :p

hng said...

horse

OSK property have low beta, low liquidity but less volatile. Downside risk is limited and share price should be supported due to high dividend yield


On the other hand, UEMland and UOAdev have high beta. When market volatile, these stock are the first impacted, but if market turnaround, these stock are the first to responsive

hng said...

horse

Your Genting Singapore already in more than 10% paper profit, can opt to swap to local Genting or GENM for similar exposure.

horse said...

Yea, might want to do so to swap them to Genting/ Genm.

horse said...

I do hope OSKProp can come back to 96sen level, by then i will be in positive zone aftyer dividend.

Once unlock this i will have more fund to concentrade on IGBREIT.

hng said...

Bought IGBREITs at 1.37

hng said...

Sold off all IGBREITs at 1.39, realize intraday gain :)

Teng said...

Hng

You may buy back at 1.37 or even lower

hng said...

Teng

Yeah, still wait for opportunity to re-enter

Teng said...

Hng

Guess many people who got it at 1.25 want to cash out

Teng said...

Hng

WCT strong today but wc hardly move

hng said...

Bought back IGBREITs at 1.36

hng said...

Teng

Actually, WCT-WC did follow WCT share, but it is in turn of percentage gain. Due to short life span of WC, too volatile underlying share is life threaten to WC holder, should be trade caution

hng said...

Sold back all IGBREITs at 1.37, realize slim intraday gain

Teng said...

Hng

For warrant with short life,I only trade if there is discount.

hng said...

Sold off all UEMland at 1.76, realize handsome contra gain

hng said...

horse

Today, sinchew have clarify that Maybank ex-dividend indeed was one the main cause for slump in CI, contribute as much as -4.75point for its 32 sen ex-dividend

Teng said...

Hng

Next counter is UOADev??I tumpang your luck yesterday on this counter

hng said...

UOAdev support level at 1.55, lets hold it can hold above these level

ck5354 said...

YTL 15: 1 ytlpower wb at 20 cents

ex on 2 october

YTL price should be steady

Teng said...

Hng

UOADev so fast back to 157 level

It bought back share at 1.80 range but at 1.60,they stop buying

Gark said...

Kulim special dividend of 90 cent is possible from the sale of KFCH? I read it from somehwere...

Teng said...

Sold all( except odd lot) Amfirst at 1.08

Gark-I know Kulim will pay special dividend once KFC/QSR been privatised.Jcorp need $$ from Kulim to address its debts

hng said...

Bought YTL at 1.77

hng said...

Sold partial Glomac at 79sen, realize slim contra gain

Teng said...

Why CI suddenly drop 6 pts?

ck5354 said...

why market so scary??

hng said...

Bought more YTL at 1.76

Tay SK said...

I am 70% invested in Kassets. Based on igbreit price of 1.40, its fair value is around Rm10. But need to wait patiently for share distribution and then cash div. =| good practice for patience.

Teng said...

Tay

Thanks for the info.Better buy Kasset and get IGBReit

hng said...

Used up all available trading limit, bought YTL at 1.76

Teng said...

Bought YTL 1.76.Hope for share buyback before market close

hng said...

Sold off all Glomac at 79sen, realize contra gain

hng said...

YTL unable to sell for contra profit :(

Tay SK said...

Last min got ytl at 1.74.

hng said...

Portfolio today also sold off all remaining OSK property WC at 20.5sen, realize big paper loss :(

Teng said...

Sept is not good month to trade.

Miss UEMLand,price went up

Matched UOA,price down

Got YTL at low price,it down further

Must go Wong Tai Sin temple




hng said...

Teng

Today YTL play dirty, no share buyback!? YTL offer for sale of YTL power warrant is going to ex next week, hopefully share can gain support next week..

Teng said...

Hng

YTL notnplay dirty,but I am not lucky.

In my opinion,those have YTL can apply excess for YTL Power warrants. Not all YTL shareholder will apply as ratio is too high. For those owning less than 5k YTL share,they entitle to 300+ YTL Power warrant. Gains is only RM90 base on 50cents for YTL Power warrant. If sell rights through remisier,they get almost nothing

hng said...

Teng

Lets hope YTL will make V rebound next week. Both EPF (8.31%) and YTL treasury (2.52%) must work hand in hand, buyout YTL for V shape rebound next week

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