Monday, January 7, 2013

Join MBF Club ^^


1. MBFHLDG - Decided to join in this club, settling with RM1.19. ^^ Hope to Huat altogether.

2. IGB - Queue at RM2.31 but not matched. :(

3. WCT-WB - Still not getting my units as yet. :( Another 3.8millions shares coming out this Wednesday. :( This round is the biggest. LOL. Previous issued has been well absorb, not sure this round is able to sustain the selling force ? Hope it stay above RM2.30 as CK disposed price. ^^ I will continue to buy more WB and convert if the discount is still there. ^^
 
4. Watch List - MBF, YTLP-WB, WCT-WB, IGB, CCM
 
5. I can't seem to open file under my PC to import the print screen that i captured. ^^ I think Blogspot has stop it ? You guy will continue to see my post without pictures then. :p
 
6. Good Luck all.

30 comments:

Teng said...

Horse


Welcome to MBF club

horse said...

^^ Thank you Teng.

Hope we all Huat. ^^

cheeheng said...

horse

ahh finally u joined,i bought more @1.18 yesterday, my biggest holding now.

Wei Loon Goh said...

Let's "conquer" MBFHLDG! =)

Huat ahh!!!

Teng said...

Horse and all

Remind me of Pwroot's advertisement on their Ah Huat White coffee

Today is last day for Kulim special dividend. Also listing for Amedia new warrant.All the best to those holding Amedia cum entitlement.

hng said...

MBF GOOOOOOOOOOOOOOOOOOO

Gark said...

WCT-WB gap is closing from previous 17 cent difference to now 12 cent difference.

Looks like quite a lot of people buy to convert...

ck5354 said...

Hng,

Just to let you know MBF directors meet 6 times a year. next one should be beginning feb 2013 for the 4th qtr 2012 account. Hopefully announce together the special dividend.

horse said...

Guy lets huat on mbf. Good luck.

horse said...

Guy lets huat on mbf. Good luck.

cheeheng said...

hng

what do u think of FACB since it is now a cash rich company,if not mistaken as much as rm1.90 p/shr.

Anulus said...

Any comment on MBF-WA? should buy mother instead or buy warrant for higher return?

TQ

yh said...

what a good starting to 2013 & all seems positive to get big ang pow. all the best. HUAT AHHH! :)

hng said...

cheeheng

Ya! FACB will be net cash after dispose its loss making steel division. I'm await right price to enter

hng said...

cheeheng


The disposal will increase FACB net cash cash hoard to 1.86, but it still need few month time till Q2 to complete divestment and need to seek EGM approval.

hng said...

ck5354

I think if major shareholder, Tan Sri wanna cash dividend fast, it can always instruct management to delcare these special dividend the faster the better, afterall, the faster cash payout to shareholder pocket account is better than in deposit company account.

David said...

Will MBF perform poorly like Kulim after its dividend's announcement?

Teng said...

David

Good question. I have no answer. Guess only time will tell

hng said...

David

Unlikely, MBF divestment in MBF card for 623m, only 172m or 27% of total amount is opt for special dividend to reward shareholder. The major portion of fund proceed of about 450m is used to acquire new assets, pare down borrowing and working capital. These is in contrast to kulim, in which the fund proceed from divestment in QSR and KFC, all used to payout as special dividend, benefiting Johor corp

Teng said...

David

Hng's explanation is detailed

Jcorp has borrowing or bonds due this year. It must get cash dividend from Kulim to pay for the debts

David said...

Thanks hng and Teng.

Maria^^ said...

Hng,

wads ur comment on MBF-wa ? will the div bring the wa up as well?

hng said...

Maria

As previously highlight here, MBF special dividend of franked 40sen dividend will NOT led to adjustment in WA exercise price as it cannot lower than its par value.

Incidentally MBF exercise is RM 1.00 same as MBF par value. Thus, the impact of special dividend on WA only benefit if it is converted to MBF in order to entitle special dividend.

hng said...

Sold off all IGB at 2.41, realize nearly 5D gain to normalize portfolio margin.

hng said...

Sold off all IGB at 2.41, realize nearly 5D gain to normalize portfolio margin.

cheeheng said...

hng

congratS hng,u very keng!

ck5354 said...

I convert again WCT-WB today.

Hope I can get in 9 days.

WCT, pls wait for me.

Eelyn Soon said...

I am really not familiar with converting WA to mother. Have not even tried it personally myself.

However to rephrase what Hng mentioned, for WA one is not entitle for the div unless converted to mother, but the main concern here is i think most would take profit from MBF rather than wait for the dividend, am i right?

So in short, WA will also be hiked up as well, when the mother hikes. Do i get it correctly? Can anyone here answers me?

For warrants, i think probably the sons will be showing its performance / hiking first before the real spike of the mother?

Pls correct me if i am wrong, as i am still learning from my observation. However i have no knowledge in dividend play though.

Eelyn Soon said...

I am really not familiar with converting WA to mother. Have not even tried it personally myself.

However to rephrase what Hng mentioned, for WA one is not entitle for the div unless converted to mother, but the main concern here is i think most would take profit from MBF rather than wait for the dividend, am i right?

So in short, WA will also be hiked up as well, when the mother hikes. Do i get it correctly? Can anyone here answers me?

For warrants, i think probably the sons will be showing its performance / hiking first before the real spike of the mother?

Pls correct me if i am wrong, as i am still learning from my observation. However i have no knowledge in dividend play though.

alwayswin111 said...

Horse, Hng , Teng, Cheeheng
You are all 'keng keep it up

Related Posts with Thumbnails