Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Tuesday, April 26, 2011

Dividend Stocks Payout

THP 12.5 sen 28th April
PPB 18 sen ex. 20th May
TM 13.1 sen ex. 24th May
TDM 13.5 sen ex. 25th May + 3 sen same date
Esso 14 sen ex. 30th May
DIGI 43 sen ex. 19th May

Wednesday, April 20, 2011

USD weakens

AUD at 3.22 high, SGD above 2.4, Gold reaching new high of 1,500 while USD plunges 3.00
MYR has appreciated slightly against USD but is losing ground to AUD and SGD.
Properties relatively will be cheaper for the droves of Singaporean hunting real estates in Malaysia..

I & P (Bandar Kinrara)
Q'aseh Superlink Homes priced from RM 945k to 1794k
Land area = 24' x 80' = 1920sf. BU = 2799sf.
Price at psf basis = RM 492 psf land and RM 337 psf of built-up area
Reasonably cheaper than the current RM 400 - 600 psf of condo pricing

Thursday, April 7, 2011

Hap Seng Consolidated. A Relook

Hap Seng Cons. share price has dropped to low of 6.16 and is deemed attractively cheap wrt. dividend yield, (with 22 sen due in May pending announcement of ex. date, bonus shares and thereafter RI @ RM1.46 + free warrants). Ex. price after the exercise should be around RM1.96

Assume simply for comparison:
Current price RM6.18/3 = RM2.06
Typical dv 7c + 6c = 13c tax exempted (13/206 = 6.3 % dy)

THP dv 12.5c/217
TDM dv 13.5c/290
HSP dv 13c/290

Monday, April 4, 2011

Wall St flat as S&P faces strong resistance

NEW YORK (Reuters) - The S&P 500 met tough overhead resistance on Monday as traders saw little reason to push up stock prices in the face of lingering geopolitical uncertainties that have weighed on equities recently.

The benchmark S&P 500 hovered near 1,333, a level it has been unable to close above since mid-February. That level is double the 12-year low hit in March 2009 and is not far from 1,344, the S&P's 2011 high and its highest since June 2008.

"We have a lot of resistance right above and at the moment not enough reason to push through that resistance," said Frank Lesh, an analyst and broker at FuturePath Trading in Chicago. "Overall, the market is performing quite well and we're holding in here."

The lack of significant economic data on Monday, nuclear and other quake-related problems in Japan and unrest in Libya, Syria and other countries in the oil-rich region of North Africa and the Middle East could translate into low volume on Wall Street.

Last week was the lowest in volume so far in 2011. By Edward Krudy