Why so like dat?

The following are more comments on Worldwide posted in my shoutbox..

From Kingpin.

• moola says...==> hmm.. let's be more accurate here on the issue of Worldwide dividend. If moola does not even know about the dividend,then ask and it will be fed to you rather than ASSUME kingpin is not accurate..from bursa site "For the financial year ended 31 December 2005, the Directors have recommended a proposed final dividend of 3% less tax 28% and a special dividend of 7% less tax 28% tax , representing a total of 7.2 sen net per share. "
• so it's 5.6+10 =15.6ss. At1.88, its 8.3% yield gross, actually more.

Ah yes. That's the recommended proposed final dividend. And of course if one adds up the unpaid dividend, the yield will be around 8.3% based on a price of 1.88. (ah... assuming that the investor bought Worldwide much earlier and received that 5.6 sen interim dividend)

And if Kingpin were to read, I have been talking all this while about PAID dividend. And in my own exact words: "Worldwide paid a gross dividend of 10 sen for fy 2004. And for fy 2005, it had paid a gross interim dividend of 5.6 sen. "

the following was taken from Worldwide's quarterly earnings..

• Dividend Paid
  
  (a) Financial year ended 31 December 2004
  
  An interim dividend of 4 sen per share less 28% tax amounting to RM4,921,298 was paid on 7 January 2005 in respect of the financial year. The final gross dividend of 6 sen per share less 28% tax amounting to RM7,391,275 was paid on 15 July 2005.
  
  (b) Financial year ended 31 December 2005
  
  An interim dividend of 3.6 sen tax exempt and 2 sen less 28% tax amounting to RM8,683,234.81 was paid on 10 February 2006 in respect of the financial year.

For me, all this while, my own interpretation of dividend yield is based on the dividend paid. I do not consider the propsed dividend. Now if by omitting the proposed dividend is such a big issue, firstly I would APOLOGISE to all and I would gladly offer my apology to Kingpin as well if my differing view is causing a confusion.

Many apologies again!

No problem at all.

However, the following shouts baffles me.

Remember, everyone has the right to post any comments in blogs or message boards, but at the end of the day, let's not forget that comments are mere opinions of each individual.

In the issue of the stock market, no one will have the same exact view and opinions all the time.

And sometimes.. or rather especially on the issues of the stock market, in blogs, forums, message boards, chat rooms, mis-interpretations like how I left out the proposed dividends in my own interpretation of dividend yield, will happen.

Now when Kingpin wrote the following.

• i can answer you point by point, if only i have the time....like you.....hahahhha. One word of advice, the more you write, the more you show your ignorance of the real world...err....are you just an armchair critic....tiime out. Good luck

Hmm... initially, I ass-u-med that the comments were fired at me, since I interpretated the dividend issue differently.

I was baffled.. cause if I had view of dividend yield differs, does it make one to be ignorant? An armchair critic?

Why the need for such comments?

Then I realised the comments in the next shout.

• kingpin: i am referring to hchc when i said i can answer you point by point.....previouss post

So Kingpin was refering to hhc yet again.

But yet again.. I am baffled by such comments. Is there a need for such comments?

First of all, less not forget, Kingpin started calling names upon HHC, who had merely expressed his opinions against Worldwide. And by expessing his views against Worldwide, Kingpin started refering HHC as hchc and insituating that hc stands for health center!

And now he is saying that the more hhc writes, the more he shows his ignorance ...

Goodness me!

Why is there the need for all this?

Isn't this the typical kurang ajar attitude and behavior that we find it so disgusting in our Malaysian culture?

No one has asked anyone to accept anyone's views and opinions.

If anyone does not agree or accept another's views and thinkings, one is most welcomed to express back their personal opinions and views on why they do not agree. Simple as that.

So if and when an opinion or view differ... please lah... this does make one ignorant, isn't it? And there is certainly no need to resort to any name callings!

I find it so sad to see such poor attitude. We are all here to learn and express our views and opinions about the stocks and on the stock market. And by expressing and sharing our views, perhaps we can learn to be a better investor or trader. Tiok boh?

So when an opinion and view differs.. is there a need to resort to name callings?

Sigh!