Hi guys,
Very speedily after NAIM EGM On Oct 6th
Today NAIM Has Received Full Payment of Rm340 MILLIONS OR 68 SEN CASH
See
Announcement details
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF TWO (2) PARCELS OF LAND HELD UNDER LOTS 789 & 2861 BLOCK 20 KEMENA LAND DISTRICT, BINTULU SARAWAK ("PROPOSED DISPOSAL")
NAIM HOLDINGS BERHAD
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED DISPOSAL OF TWO (2) PARCELS OF LAND HELD UNDER LOTS 789 & 2861 BLOCK 20 KEMENA LAND DISTRICT, BINTULU SARAWAK ("PROPOSED DISPOSAL")
We refer to the announcements dated 17 July 2020, 30 July 2020, 18 September 2020, 21 September 2020, 2 October 2020 and 6 October 2020 in relation to the Proposed Disposal (“Announcements”). Unless otherwise defined, the definitions set out in the previous Announcements shall apply herein.
On behalf of the Board, AmInvestment Bank wish to announce that the Company had on 21 October 2020 received the balance of the
Disposal Consideration of RM306.00 million from the Vendor. In this respect, the Proposed Disposal is deemed completed on 21 October 2020.
This announcement is dated 21 October 2020.
WITH THIS PAYMENT FINALLY IN CAN EXPECT NAIM TO PAY OUT 18 SEN CASH (RM180) FROM NOW
THIS SALE RESULT OF 68 SEN GARNERED A PROFIT OF 22 SEN GAIN FROM LAND APPRECIATION & WIL REGISTER A POSITIVE RESULT FOR FEB 2021 QUARTER RESULT
WHAT WILL HAPPEN NEXT?
1) STILL UNKNOWN TO 90% OF THE PEOPLE UNLESS THEY READ THIS OR FOLLOWED NAIM CLOSELY
A SURE DECLARATION OF 18 SEN DIVIDEND OFFICIALLY!! IN BLACK & WHITE
THEN THE CHAIN REACTION EXPECTED
2) MANY PEOPLE HAVING MONEY IN BANK FD WILL WITHDRAW AND BUY NAIM FOR 18 SEN DIVIDEND
BANK FD ONLY 1.75 SEN AND NAIM DIVIDEND IS A WHOPPING 18 SEN
ONE YEAR DIVIDEND FROM NAIM IS MORE THAN 10 YEARS FIXED DEPOSIT INCOME
SO CAN EXPECT MANY TO SWITCH OUT OF BANK FD TO NAIM HIGH DIVIDEND PAYOUT
3) THOSE ENTITY FUNDS EPF OUTSOURCED WILL ALSO BUY NAIM FOR 18 SEN DIVIDEND
WHY AH?
EASY LAH
FROM NAIM 18 SEN THEY COULD HELP EPF GIVE OUT
6 SEN DIVIDEND FOR YEAR 2021
6 SEN DIVIDEND FOR YEAR 2022
6 SEN DIVIDEND FOR YEAR 2022
SO EASY. THEY JUST BUY NAIM AND GO PLAY GOLD FOR THE NEXT 3 YEARS AND SHAKE LEGS
4) ALL OTHER LOCAL DIVIDEND INCOME FUNDS WILL BUY NAIM
HONG LEONG ALREADY GOT 2 FUNDS IN NAIM (MORE WILL COME)
5) AND FOREIGN FUNDS!!
YES!! IN EUROPE MANY FUNDS CANNOT FIND A PLACE TO PARK CASH IN SAFETY
SO THEY BUY BONDS WITH NEGATIVE INTEREST RATE
SAY THEY BUY A 10 YEAR BOND WITH 10% NEGATIVE INTEREST RATE
THAT MEANS THAT THEY PUT MONEY (SAY RM100) IN A BOND FOR 10 YEARS AND AFTER TEN YEARS THEY ONLY GET BACK RM90
THIS IS REALLY CRAZY BUT IS ONGOING
SO MORE SMART FOREIGN FUNDS IF THEY FIND OUT NAIM GIVING 18 SEN DIVIDEND WILL
RUSH TO MALAYSIA & INVEST IN NAIM FOR SUCH HIGH DIVIDEND
6) MANY PEOPLE ALSO BUY REITS FOR 5% TO 6% DIVIDEND
SINCE SHOPPING MALL AND OFFICES WILL BE IMPACTED BY COVID 19 REITS' RENTAL INCOME WILL GO DOWN
SO THOSE HOLDING REITS WILL ALSO SWITCH TO NAIM
7) SO WITH SO MANY RETAIL, INSTITUTION & FOREIGN FUNDS LOOKING FOR YIELD IN A WORLD OF ZERO INTEREST RATE MORE AND MORE MONEY WILL POUR INTO NAIM
AT ITS HEYDAY NAIM WAS OVER RM6.00
OF COURSE NAIM WAS KNOWN TO PAY DIVIDEND THEN
SEE
From STOCK PERFORMANCE GUIDE By Dynaquest (End 2014 edition)
CRITICAL STOCK MARKET INFORMATION
Year Price range. DPS....... EPS
2004...2.98...4.50......6.8 sen......27.8 sen
2005...2.58...3.50......10.1 sen....31.7 sen
2006...2.89...3.66......14.4 sen....26.5 sen
2007...3.10...6.40......11 sen.......33.1 sen (NAIM WAS RM6.40 IN 2007)
2008...1.42...4.72......11.8 sen....26.7 sen
2009...1.08...3.25 ..... 8 sen........34 sen
2010...2.64...3.83......10 sen.......38.8 sen
2011...1.54....3.90.....10 sen.......18.7 sen
2012...1.64....2.39.....6 sen..........35.8 sen
2013...1.77....4.66....5 sen...........14.8 sen
2014...3.13....4.42....8 (e)............35 (e)
For years 2016 to 2019 Naim did not give out dividend & share price languished.
Now this 18 sen dividend at 86.5 sen will be the very best for a long long time
As of now only in i3 forum people are aware
Not for long. Tomorrow Naim after Egm will announce officially the Actual Dividend Payout
Once News Out Dividend Paying Income Funds might be drawn back to Naim again
ITS HIGH WAS RM6.40 IN YEAR 2007 & ITS DIVIDEND THEN WAS ONLY 11 SEN
NOW IS 18 SEN
IF NAIM REBOUND TO JUST 1/3 OF RM6.40 IT WILL BE RM2.13
BEST REGARDS
CALVIN TAN RESEARCH
Singapore
Disclaimer
All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein.
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-22-story-h1534765689-AT_LAST_NAIM_SUPERB_18_SEN_DIVIDEND_ON_THE_WAY_AS_CASH_RM340_MILLIONS_R.jsp
