LKH Sp   

Special Dividend

Guess some more clarifications..

Entitled Shareholders are given the option to use all or part of their Net Special Dividend to subscribe for the Rights Shares.

check www.sgx.com company's announcement if you are not sure whats gg on.. lets huat ya~

vested =)

 

Beside the special dividend of 90 cents (before tax), there is still a final dividend of 2.5 cents (before tax). Hence Investsmart is correct.

 

dont think u will have the DIV. the DIV will be used to pay for the rights shares,
else u will have the DIV of $100 and have to pay the Rights money.
cant remember how much it is but i think $370 for 1 rights.
so first calculation of 1234567 is correct

 

Yes you are correct with the calculation.  In actual fact you will also have a portion of DIV of about $100.  Hence, overall paper gain is about $900. 

 

For example: 

i) You vested 5000shares @ $2.39 (total amount: $12,000).

ii) Hence, after XA date, you will have 15000 shares (ie. 5000shares times 3). With the closing price of $0.855,  you will have $12,800.  That is, a paper gain of $800.

iii) Correct me if I'm wrong.

 

 

 

For those who does not know, today is the XA date, therefore price drop cos the stock is split into 3. it has a 1:3 bonous issue. PLS GO AND READ IT UP.

 

LKH is principally a cyclical stock, whose company's fundamentals does not seem to be as sound as some other firms in the construction industry. In fact, although the general construction industry is under-going a revival in its fortunes, and prospects, it does not mean its stocks will certainly shoot to the sky, and maintain its upward momentum consistently. Generally, the construction industry's fundmentals are relatively weaker compared to other industries, and hence, holders of construction stocks have to accept the higher inherent risk, given its cyclicality and its relative weakness of the industry. No matter how good a stock, it still has an intrinsic value, that's important. Its current price, is probably more reflective of its intrinsic value. I hope not many people margined on this. All the best.  

 

I tink today XD so all ppl dump the shares since the dividends is guaranteed already.

 

Hello, can someone please explain what does "cooperate action" means? why suddenly drop 1.6 ... surely got many people commit suicide.

 

XD today ! 

 

Me too.

 

vested .. felt that the rights is attractive ..

 

Investsmart , thanks 4 the explanation,

 

 

Hit high at $2.59, n now at $2.55. Hi Investsmart, what's yr opinion ? Still low in value ?

 

The rights will be converted to normal share and trade accordingly.

 

 

i decide to go for the right n enjoy the match between liverpool and ac milan this thurs !

 

Hi Investsmart,

Still not sure to go for rights or just take the dividends .

Are we able to trade these rights per the mother share price ?

Not too good at this , can you share your thoughts on this issue.

thanks

 

Divide $2.48 by 3 and the sum come out to be $0.82.  This value is still relatively low for a construction and developer with NAV of about 50 cents. 

 

Guys, up by 10cts !! Wow ! Why the surge? Any ideas ?

 

I would hold on to the placement shares, as the next few years earning for construction companies and properties developers would still be strong.  The NAV after the placement would about 0.50 and PE is currently still very low.