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Stock at 0.07, Cash Distribution at 0.08!!!

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pharoah88
    29-Mar-2010 16:45  
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CHARIMAN  must  be  MAD ?

CHAIRMAD ?



des_khor      ( Date: 29-Mar-2010 16:14) Posted:



Share price 0.07.... dividend 0.08... ex -date = share price -0.01 ????

 
 
pharoah88
    29-Mar-2010 16:43  
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This sOunds LiKE  an  innOvatiOn ?

must  inform  Finance Minister to  inform  MAS, GIC, Temasek.

They can buy UP  all the shares and APPROVE  the mOtiOn  at the EGM.

SURE WIN



AnthonyTan      ( Date: 29-Mar-2010 16:27) Posted:



Wat rubbish is this. Buy share at 0.075 cts

to get dividend at 0.08 cts. Where got so good

one, hahaha full of garbage

 
 
des_khor
    29-Mar-2010 16:29  
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Later after AGM the deal not approve !!
 

 
AnthonyTan
    29-Mar-2010 16:27  
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Wat rubbish is this. Buy share at 0.075 cts

to get dividend at 0.08 cts. Where got so good

one, hahaha full of garbage
 
 
des_khor
    29-Mar-2010 16:14  
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Share price 0.07.... dividend 0.08... ex -date = share price -0.01 ????
 
 
kingster
    29-Mar-2010 16:10  
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15:46:19 0.075 1,865,000 Buy Up
15:46:18 0.075 321,000 Buy Up
15:46:17 0.075 600,000 Buy Up
15:46:09 0.075 3,000,000 Buy Up
11:43:00 0.070 10,000 Sell Down
11:37:14 0.075 200,000 Buy Up
11:33:07 0.075 500,000 Buy Up
11:32:59 0.075 200,000 Buy Up
11:29:13 0.075 200,000 Buy Up
11:22:34 0.075 30,000 Buy Up
10:14:42 0.075 100,000 Buy Up
10:11:27 0.070 20,000 Sell Down
09:53:58 0.075 200,000 Buy Up
09:31:37 0.075 500,000 Buy Up
09:11:33 0.075 144,000 Buy Up
09:09:41 0.075 300,000 Buy Up
09:09:32 0.075 200,000 Buy Up
09:05:11 0.075 500,000 Buy Up


0.075 sell Q cleared... now left 0.08... looks like pple join last min for the fun! rem, meeting next wk to approve the 8cts payout!
 

 
pharoah88
    17-Mar-2010 13:29  
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A NEW INNOVATION?

TOO  GOOD  TO  BE  TRUE?

FREE  LUNCH?

Let's sEE



yummygd      ( Date: 17-Mar-2010 12:02) Posted:



it makes no sense my thought maybe the major shareholders are trying to cash out by pretending there is such a good meal and when price go crazy and its over bought and when they have sold their shares den the have the money park it somewhere no one can touch (as in not associated with the company) and den said no money to pay dividends and insolvent and must delist immediately without offers. den all your hard earn money down the drain. Too good to be true.

 

My thoughts will now go read up on the company n try to judge now....above was just my immediate thoughts upon reading this. Think too much haha

 
 
kingster
    17-Mar-2010 13:28  
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y do u not think that they are silently accumulating slowly at 0.07? do take note that this stock has already moved up from lower levels because of this announcement. i think if u are familiar with the market, u can see ALOT of examples of companies giving very high div or cash distribution and they move very slowly upwards too and not immediately after the announcement and it is normally after the CD being announced. well, ignore this stock if u are not comfortable with it :)

investment      ( Date: 17-Mar-2010 13:21) Posted:

If the deal look great,im sure the BB and the broker house have bought them,think twice.Go and see the vol,not active oso.

 
 
kingster
    17-Mar-2010 13:24  
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ya for me, i also feel the shareholders want to cash out to and that is getting the cash distribution and not sell the shares. for the money not being there, the audit has been done and the independent financial adviser has supported this transaction. therefore not so much worries on that. anyway, do your own homework and buy only if u think it is worth the risks :)

yummygd      ( Date: 17-Mar-2010 12:02) Posted:



it makes no sense my thought maybe the major shareholders are trying to cash out by pretending there is such a good meal and when price go crazy and its over bought and when they have sold their shares den the have the money park it somewhere no one can touch (as in not associated with the company) and den said no money to pay dividends and insolvent and must delist immediately without offers. den all your hard earn money down the drain. Too good to be true.

 

My thoughts will now go read up on the company n try to judge now....above was just my immediate thoughts upon reading this. Think too much haha

 
 
investment
    17-Mar-2010 13:21  
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If the deal look great,im sure the BB and the broker house have bought them,think twice.Go and see the vol,not active oso.
 

 
kingster
    17-Mar-2010 13:19  
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9A4CBA4D8CECF9F1482576E80010CB11/$file/Eagle_Brand_Circular.pdf?openelement

look at this latest link available yesterday. they already got Kim Eng as the independent financial adviser and they have supported this transaction. and do not forget, they already got approval from SGX to remain listed. therefore, all procedures and checks are already done and approved. money is also there. last hurdle like i said is the shareholders approval. remember that this has already been announced last yr and only this mth they announced how much they will distribute after getting the money and doing the calculations. all in the circular. so this is not something new. anyway dont get vested if u are not convinced. for me, the risks and rewards are well worth it IMO. different individual risk appetite :)
 
 
renzokun
    17-Mar-2010 13:08  
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tt means if buy nw @0.075, they shut down n thn pay me bck @0.08 .

0.08-0.075=0.005 returns..hmm, not confirm & haf to wait many mnths mayb..not very interestg.
 
 
yummygd
    17-Mar-2010 12:14  
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wait divestment does it mean the compay is shutting down and they are just paying back the shareholders??
 
 
yummygd
    17-Mar-2010 12:02  
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it makes no sense my thought maybe the major shareholders are trying to cash out by pretending there is such a good meal and when price go crazy and its over bought and when they have sold their shares den the have the money park it somewhere no one can touch (as in not associated with the company) and den said no money to pay dividends and insolvent and must delist immediately without offers. den all your hard earn money down the drain. Too good to be true.

 

My thoughts will now go read up on the company n try to judge now....above was just my immediate thoughts upon reading this. Think too much haha
 
 
AnthonyTan
    17-Mar-2010 09:55  
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This is a china stock. We must be very careful.

Most likely there is some catch somewhere , you

and I don't know. Where got so good lah, buy the share

now at 0.075 and the co. pay u 0.08. The best part is

the share will still be traded after u collect yr 0.08.First

time I heard this in a listed co.Pl. check very carefully

before you put your $$$$$$.

 
 

 
AnthonyTan
    17-Mar-2010 09:12  
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This is as good as free lunch. I am still doubtful.

If the co. is going to pay u 8 cents per share, my

question is why are these ppl selling at 0.075.? These ppl

do take maths in schools, haha



kingster      ( Date: 16-Mar-2010 17:35) Posted:

just to clarify any doubts, the distribution is 8 cents! pls see the links for more information. any doubts on how the cash is raised and so on is all clarified inside. i already loaded huge on this so do your own homework :)

 
 
blurblurman
    16-Mar-2010 17:36  
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On 4 March 2010, the Board announced that the Company is proposing to effect the Proposed

Capital Reorganisation pursuant to which the Company will reduce the share capital of the

Company and return to the Shareholders S$0.08 in cash for each Share held as at the Capital

Distribution Books Closure Date. As set out in section 2.15 of this Circular, an amount of

approximately RMB450,038,834 shall be returned to the Shareholders through the Proposed

Capital Reorganisation (

the Proposed Divestment and 96.0% of the net proceeds from the Proposed Divestment.

 

it is S$0.08
Proposed Distribution), representing 88.5% of the gross proceeds from

 
 
kingster
    16-Mar-2010 17:35  
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just to clarify any doubts, the distribution is 8 cents! pls see the links for more information. any doubts on how the cash is raised and so on is all clarified inside. i already loaded huge on this so do your own homework :)
 
 
zorkss
    16-Mar-2010 17:25  
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I've not gone to the link yet so maybe I'm wrong...but according to your posts.... the price of the stock is $0.07 and the cash distribution is 0.08cts which is equivalent to $0.0008. so the return is about 1.14%. Did we get confused by the $ and cts associated with the numbers??
 
 
blurblurman
    16-Mar-2010 17:08  
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in another word, even if the share price at its lowest possible value, with the cash distribution, there will still be at least 7% profit ...

this is definitely a fool proof way of earning $$$$$.
 
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