Dividend Announcement - BUKI

ABEST · 1 Dividend Announcement - BUKI Mon Jul 25, 2011 5:32 pm

ABEST

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BUKI DARAH PLC
Company ID: - BUKI
Date of Announcement:-25.Jul.2011
Rate of Dividend: - Rs.2.50 per share / Interim Dividend
Financial Year: - 2011/2012
XD: - 03.Aug.2011
Payment: - 11.Aug.2011
Share Transfer Book Open

sajeethk · 2 Re: Dividend Announcement - BUKI Mon Jul 25, 2011 6:30 pm

sajeethk

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the DY with the current price 0.24% .............. if not another share sub division

duke · 3 Re: Dividend Announcement - BUKI Mon Jul 25, 2011 6:32 pm

duke

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Wow. Rs.2.50. Isn't this amazing? Wink

Central Finance wasn't behind. they gave Rs. 5.00 (about 0.3%)

vegasbabay · 4 Re: Dividend Announcement - BUKI Mon Jul 25, 2011 8:12 pm

vegasbabay

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@duke wrote:Wow. Rs.2.50. Isn't this amazing?

Central Finance wasn't behind. they gave Rs. 5.00 (about 0.3%)

This is a question i have been asking for some time as a newbie but didn't get an clear answer. This seems to be a relevant situation, so here it is.

What are the factors that govern the demand of a share? Other than dividends. In this particular case it is clearly not the dividends, it's just 2.50. (stock price is 1000 plus).

(In simple words why are we competing to buy something that is apparently useless)

thanks.

Chinwi · 5 Re: Dividend Announcement - BUKI Mon Jul 25, 2011 10:17 pm

Chinwi

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@vegasbabay wrote:

@duke wrote:Wow. Rs.2.50. Isn't this amazing?

Central Finance wasn't behind. they gave Rs. 5.00 (about 0.3%)

This is a question i have been asking for some time as a newbie but didn't get an clear answer. This seems to be a relevant situation, so here it is.

What are the factors that govern the demand of a share? Other than dividends. In this particular case it is clearly not the dividends, it's just 2.50. (stock price is 1000 plus).

(In simple words why are we competing to buy something that is apparently useless)

thanks.

There is a theory , among many others, to consider 'dividend yield' when you value a share. Dividend Growth rate is used to value share price in dividend discount model. This is considering the amount you get as dividends in future years when you decide buying the share.

I do not think we can use this in some growth shares where most of the earned money is kept to reinvest in the business. For those we may use EPS, NAVPS & other factors including common sense.

For eg.
Last many years CTLD gave dividends over 10- 15 % of their market price . Hence, some people bought the share thinking of the dividend specially when interest rates of bank FDs were going down. It was difficult to get big capital gains , the share price fluctuated in a small range as there were no further developments except revaluation of the property time to time. They pay most of the income as dividend. They do not need money to be kept in the company as they do not construct many Majestic Cities apart from occasional upgrading. (MC-Bambalapitiya - one and only) Hence dividend become considerably high compared to capital gain. (Some years they paid 1.50 per share and the share price kept around 10/- for years)

If you consider a share like BUKI it is completely different. They invest in bare lands , develop plantations and do not give big dividends as they use the money in the further developments. When the plants become mature in 4-5 years their income and asset value per share jump up dramatically. They usually give bonus shares ( splits) making you rich. When other investors and funds see the EPS is booming they come and buy. The share price goes up with the increased buying interest. You can sell your holding to get big capital gains. No body think about the dividend as it is negligible compared to the capital gains.

Soundchips · 6 Re: Dividend Announcement - BUKI Tue Jul 26, 2011 8:08 am

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Most of the shares in these sectors remain stable during present market conditions due to availability of investments, …..mostly foreign investments, ….local investors also prefer them due to absence of an impact due to credit clearance on them, ….at least the cost of initial investment remains stable without declining. …PLCs also expanding, various acquisitions etc… etc.... Banking sector also declining…

Aamiable · 7 Re: Dividend Announcement - BUKI Thu Aug 18, 2011 1:56 pm

Aamiable

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@Chinwi wrote:

@vegasbabay wrote:

@duke wrote:Wow. Rs.2.50. Isn't this amazing?

Central Finance wasn't behind. they gave Rs. 5.00 (about 0.3%)

This is a question i have been asking for some time as a newbie but didn't get an clear answer. This seems to be a relevant situation, so here it is.

What are the factors that govern the demand of a share? Other than dividends. In this particular case it is clearly not the dividends, it's just 2.50. (stock price is 1000 plus).

(In simple words why are we competing to buy something that is apparently useless)

thanks.

There is a theory , among many others, to consider 'dividend yield' when you value a share. Dividend Growth rate is used to value share price in dividend discount model. This is considering the amount you get as dividends in future years when you decide buying the share.

I do not think we can use this in some growth shares where most of the earned money is kept to reinvest in the business. For those we may use EPS, NAVPS & other factors including common sense.

For eg.
Last many years CTLD gave dividends over 10- 15 % of their market price . Hence, some people bought the share thinking of the dividend specially when interest rates of bank FDs were going down. It was difficult to get big capital gains , the share price fluctuated in a small range as there were no further developments except revaluation of the property time to time. They pay most of the income as dividend. They do not need money to be kept in the company as they do not construct many Majestic Cities apart from occasional upgrading. (MC-Bambalapitiya - one and only) Hence dividend become considerably high compared to capital gain. (Some years they paid 1.50 per share and the share price kept around 10/- for years)

If you consider a share like BUKI it is completely different. They invest in bare lands , develop plantations and do not give big dividends as they use the money in the further developments. When the plants become mature in 4-5 years their income and asset value per share jump up dramatically. They usually give bonus shares ( splits) making you rich. When other investors and funds see the EPS is booming they come and buy. The share price goes up with the increased buying interest. You can sell your holding to get big capital gains. No body think about the dividend as it is negligible compared to the capital gains.

Obviously, Bukit Darah has started an upward momentum. 6.8 B quarterly profits

ShareShares · 8 Re: Dividend Announcement - BUKI Thu Aug 25, 2011 8:37 pm

ShareShares

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Capital gains, profits, sector seem to generate lot of cash, foreign interest, this one of the shares directors have collected repeatedly at higher levels. Large quantities of medium term investments seem to have attracted recently. Market has an overall upward trend. Beta value is above average.

Aamiable · 9 Re: Dividend Announcement - BUKI Mon Aug 29, 2011 3:07 pm

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Another massive 77,500 shares collected at 1075 ,...and further upwards.

Gaja · 10 Re: Dividend Announcement - BUKI Mon Aug 29, 2011 7:58 pm

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http://www.cse.lk/cmt/upload_cse_announcements/7801314619558_.pdf

ShareShares · 11 Re: Dividend Announcement - BUKI Mon Aug 29, 2011 9:16 pm

ShareShares

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@Gaja wrote:http://www.cse.lk/cmt/upload_cse_announcements/7801314619558_.pdf

This not the first time, there were several similar occasions, last time collected at a higher level. Along with record 6 billion quarterly profits reported in this quarter, significant movement can be expected.

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Dividend Announcement - BUKI

1 Dividend Announcement - BUKI Mon Jul 25, 2011 5:32 pm

ABEST

2 Re: Dividend Announcement - BUKI Mon Jul 25, 2011 6:30 pm

sajeethk

3 Re: Dividend Announcement - BUKI Mon Jul 25, 2011 6:32 pm

duke

4 Re: Dividend Announcement - BUKI Mon Jul 25, 2011 8:12 pm

vegasbabay

5 Re: Dividend Announcement - BUKI Mon Jul 25, 2011 10:17 pm

Chinwi

6 Re: Dividend Announcement - BUKI Tue Jul 26, 2011 8:08 am

Soundchips

7 Re: Dividend Announcement - BUKI Thu Aug 18, 2011 1:56 pm

Aamiable

8 Re: Dividend Announcement - BUKI Thu Aug 25, 2011 8:37 pm

ShareShares

9 Re: Dividend Announcement - BUKI Mon Aug 29, 2011 3:07 pm

Aamiable

10 Re: Dividend Announcement - BUKI Mon Aug 29, 2011 7:58 pm

Gaja

11 Re: Dividend Announcement - BUKI Mon Aug 29, 2011 9:16 pm

ShareShares

12 Re: Dividend Announcement - BUKI

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