RPPA - Advice

OzTRADER · 1 RPPA - Advice Thu Jan 15, 2015 9:15 am

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5310
Reputation : 12
Join date : 2014-08-08

GoodMornig,just read about a rate change for CFVF...can you please explain what it means and impact on the counter. Sorry to trouble your on this counter but seems that you are the one who has extensive knowledge on this.

indi009 · 2 Re: RPPA - Advice Thu Jan 15, 2015 9:53 am

indi009

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 4807
Reputation : 10
Join date : 2012-09-16

It seems that T/BILL rates AND T/BOND rates have gone up.... So there is a possibility to increase interest rates on the next policy meeting in February.

OzTRADER · 3 Re: RPPA - Advice Thu Jan 15, 2015 9:55 am

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5310
Reputation : 12
Join date : 2014-08-08

indi009 wrote:It seems that T/BILL rates AND T/BOND rates have gone up.... So there is a possibility to increase interest rates on the next policy meeting in February.

1.so the expected outcome would be a decline in share price????
2.can dividend be expected in Feb and what is the expected rate ??

indi009 · 4 Re: RPPA - Advice Thu Jan 15, 2015 10:00 am

indi009

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 4807
Reputation : 10
Join date : 2012-09-16

Well yes, but I don't think that they will increase the interest rates significantly. A slight interest rate increase will happen.

I too hold CFVF (@Rs. 54) CSEC@ Rs. 38) considerable amount in my P/F. I will dispose it once the dividend is announced..

I don't know the dividend. May be Rs.5-6

OzTRADER · 5 Re: RPPA - Advice Thu Jan 15, 2015 10:02 am

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5310
Reputation : 12
Join date : 2014-08-08

indi009 wrote:Well yes, but I don't think that they will increase the interest rates significantly. A slight interest rate increase will happen.

I too hold CFVF (@Rs. 54) CSEC@ Rs. 38) considerable amount in my P/F. I will dispose it once the dividend is announced..

there is a possibility of the share price going up once the dividend is announced. hopefully

indi009 · 6 Re: RPPA - Advice Thu Jan 15, 2015 10:07 am

indi009

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 4807
Reputation : 10
Join date : 2012-09-16

Yep atleast CFVF Rs.60 & CSEC Rs.40

OzTRADER · 7 Re: RPPA - Advice Thu Jan 15, 2015 10:08 am

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5310
Reputation : 12
Join date : 2014-08-08

indi009 wrote:Yep atleast CFVF Rs.60 & CSEC Rs.40

what is the dividend rate we can expect ???

schemer · 8 Re: RPPA - Advice Thu Jan 15, 2015 10:45 am

schemer

Senior Manager - Equity Analytics

Posts : 402
Equity Stars : 5182
Reputation : 14
Join date : 2014-05-01

in 2010 they paid 15 rupees. but after that there wasa subdivision.
I think between 5-9.

sudheeee · 9 Re: RPPA - Advice Thu Jan 15, 2015 11:00 am

sudheeee

Manager - Equity Analytics

Posts : 184
Equity Stars : 4885
Reputation : 4
Join date : 2011-09-04

Following are the recent dividends they have declared after the subdivision.
27 July 2011

Date of Announcement:-27.Jul.2011
Rate of Dividend: - Rs.2.00 per share / Interim Dividend
Financial Year: - 2011/2012
XD: - 05.Aug.2011
Payment: - 15.Aug.2011
Share Transfer Book Open

23 August 2013

Date of Announcement: - 23.Aug.2013
Rate of Dividend: - Rs. 2.00 per share / Interim Dividend
Financial Year: - 2013/2014
XD: - 03.Sep.2013
Payment: - 12.Sep.2013
Share Transfer Book Open

22 July 2014

Date of Announcement: - 22.Jul.2014
Dividend per Share: - Rs. 2.00 per share (Not Subject to Tax) / Final Dividend
Financial Year: - 2013/2014
Shareholder Approval: - Required
AGM: - 27.Aug.2014
XD: - 28.Aug.2014
Payment: - 05.Sep.2014
Share Transfer Book Open

and the special thing is that the period of announcing the dividend also moved between July to August and specially the dividend also have been limited to Rs. 2.00.. Please explain me that why they are going to declare a high dividend in February since I couldn't collect any facts for this.(EXPERTS please explain me about since I haven't look for the CFVF before)... Evil or Very Mad

OzTRADER · 10 Re: RPPA - Advice Thu Jan 15, 2015 11:03 am

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5310
Reputation : 12
Join date : 2014-08-08

sudheeee wrote:Following are the recent dividends they have declared after the subdivision.
27 July 2011

Date of Announcement:-27.Jul.2011
Rate of Dividend: - Rs.2.00 per share / Interim Dividend
Financial Year: - 2011/2012
XD: - 05.Aug.2011
Payment: - 15.Aug.2011
Share Transfer Book Open

23 August 2013

Date of Announcement: - 23.Aug.2013
Rate of Dividend: - Rs. 2.00 per share / Interim Dividend
Financial Year: - 2013/2014
XD: - 03.Sep.2013
Payment: - 12.Sep.2013
Share Transfer Book Open

22 July 2014

Date of Announcement: - 22.Jul.2014
Dividend per Share: - Rs. 2.00 per share (Not Subject to Tax) / Final Dividend
Financial Year: - 2013/2014
Shareholder Approval: - Required
AGM: - 27.Aug.2014
XD: - 28.Aug.2014
Payment: - 05.Sep.2014
Share Transfer Book Open

and the special thing is that the period of announcing the dividend also moved between July to August and specially the dividend also have been limited to Rs. 2.00.. Please explain me that why they are going to declare a high dividend in February since I couldn't collect any facts for this.(EXPERTS please explain me about since I haven't look for the CFVF before)...

most probably b'coz there earning are much higher than the previous years.

sudheeee · 11 Re: RPPA - Advice Thu Jan 15, 2015 11:07 am

sudheeee

Manager - Equity Analytics

Posts : 184
Equity Stars : 4885
Reputation : 4
Join date : 2011-09-04

OzTRADER wrote:

sudheeee wrote:Following are the recent dividends they have declared after the subdivision.
27 July 2011

Date of Announcement:-27.Jul.2011
Rate of Dividend: - Rs.2.00 per share / Interim Dividend
Financial Year: - 2011/2012
XD: - 05.Aug.2011
Payment: - 15.Aug.2011
Share Transfer Book Open

23 August 2013

Date of Announcement: - 23.Aug.2013
Rate of Dividend: - Rs. 2.00 per share / Interim Dividend
Financial Year: - 2013/2014
XD: - 03.Sep.2013
Payment: - 12.Sep.2013
Share Transfer Book Open

22 July 2014

Date of Announcement: - 22.Jul.2014
Dividend per Share: - Rs. 2.00 per share (Not Subject to Tax) / Final Dividend
Financial Year: - 2013/2014
Shareholder Approval: - Required
AGM: - 27.Aug.2014
XD: - 28.Aug.2014
Payment: - 05.Sep.2014
Share Transfer Book Open

and the special thing is that the period of announcing the dividend also moved between July to August and specially the dividend also have been limited to Rs. 2.00.. Please explain me that why they are going to declare a high dividend in February since I couldn't collect any facts for this.(EXPERTS please explain me about since I haven't look for the CFVF before)...

most probably b'coz there earning are much higher than the previous years.