5 months ago, someone shared a YouTube post saying MBMR is a sell when 7 analysts call a Buy. I actually concurred with the long term chart analysis and sold some around 3.95. The chartist also dream a very strong support line since 2008. I also concurred and think this stock is worth accumulating near support line as the dividend yield is fantastic.

A stock like BESHOM on such long term downtrend, is more likely to continue its downtrend. If could try to find a base but uncertain and would take a very long time. This type of stock is better left alone for several years before looking into it again. It’s not going to zoom up in straight line.

BAT is another stock on long term downtrend, but at least it’s paying over 8% dividend yield. Logically if you want to pick bottom in downtrending stock, at least do it in BAT than BESHOM.

There are so many stocks with better looking long term price charts than BESHOM and pays over 6% dividend yield. Little point to consider this dying stock.

I may consider at around 83 Sen. For a stock like this, I need 6% dividend yield and since dividend has been cut to 5 Sen, when the price drops to 83 sen, it works out at 6% dividend yield.

Alfred still here. Bat man and Robin already left.

You can confidently own this stock at the bottom. Never chase, as over the past decade, it is still downtrending and over the past 3 years, trying to form a base. This sort of price action will take a long time to turnaround (if any), hence, when you have a price gain of 15%-20% or more, always sell some as it will take years to turnaround.

This company generates cash, and shares that with its shareholders consistently every year. I think we've seen the worst dividends (20 sen) in 2019-2020. It now pays 25 sen. The dividend yield = 25 sen / 4.27 ~ 5.9% which is solid. This stock is better bought on the dip. Its dividend payout ratio is very sustainable, as it earns around 40 sen. It also has over RM1 equivalent in Net Cash, so, it can keep paying out high dividends from both its cash chest and its yearly profits. This stock pays better than EPF. I would buy the dips, and not chase as the dividend yield is higher when its price is low.

If compare small banks like BIMB over the past 8 years, I very much prefer BIMB.
AMBANK dividend = 18.3, 5, 0, 13.3, 20, 15, 17.6, 15.5. Sum over 8 years = 104 sen. AMBANK price 3.82
BIMB dividend = 13.8, 10.9, 12.6, 16, 15.5, 14, 13, 12.2. Sum over 8 years = 108 sen. BIMB price 2.16

It is very clear, BIMB takes care of its shareholders much, much better than AMBANK.
Both companies are under-valued, relative to its NTA and PE.

But I owned BIMB 10 times the size of my ownership of AMBANK, because I prefer for the long term, the way BIMB shares its profits with shareholders. It can still improve a lot as it is still only sharing 38% of its historical earnings only.

Long term chart suggest that the worst is over - the bottom is likely to be the bottom observed in 2020-2021.
The bank is under-valued but is under-valued for a reason. It doesn't share its wealth with shareholders. Despite earning 52 sen, it only paid 18 sen. The prior 3 years, total dividend is a measly 5 sen, 0 sen, 13 sen.

And this bank has a bad reputation to look after shareholders.

Many people look at under-value first. For me, I look at how well it treat shareholders in the past over many, many years. This bank, my confidence level, to take care of me as shareholders, is much lower than other banks like Maybank.

Still, some of the best speculative returns happens when perception changes. So, I own a very small amount for speculation only, but I'm not topping up, because I am just waiting to dispose at the swing high price. This is not for marriage, but just a one night stand. You never marry someone who doesn't take care of you over past decades.

UOADEV is still cheap at 1.87. Historically, it pays dividends around 14-15 sen. Only over past 2 years, during Covid pandemic, that the dividend was cut prudently to 10 sen. Now it starts to pay 20 sen interim dividend, which looks like a one-time thing. But going forward, if it goes back to 14 sen annual dividend (very achievable, since large net cash), that's 14 / 1.87 = 7.5% dividend yield, which is very, very nice. Sure beats EPF. Hence, despite the rise in price, I am still doing nothing and just holding as I think UOADEV is now rerated very differently from the old days when it didn't pay the 20 sen interim dividend. Going forward, if it pays dividends twice a year, 5 sen and 10 sen, I can hold on to this stock for an extremely long time.

Bought 0.65. Sold half 0.935. Good enough gain.

I am glad I sold a sizeable chunk at 1.63. My remaining holding only have an average cost of 11 sen. My reason for selling is because the original dividend yield of 6.0% has fallen to 3.8% when i sold off at 1.63. If price falls and the dividend yield is high enough, then, I'll get back in again. Dividends are the key for me.

Owning at a low price is important. My average buy price is 0.52. Last year, total dividend is 4 sen. This year, I expect around 4 sen again. 4 sen * 90% (conservatively assuming everything is taxable) ~ 3.6 sen. Yield = 3.6 sen / 52 sen ~ 6.9% which is decent and beats EPF.

It's not the best yield, not the best REIT, got some non performing properties, but the low price and the decent dividend yield makes up for it.

TTB tries to talk like Buffett, but the 2 are so completely different than one another.
- Buffett buys back Berkshire stock where Berkshire trades near NAV, consequently, Berkshire always trade at a premium to NAV.
- Whereas ICAP persistently trades a huge discount to NAV. TTB clearly doesn't believe in ICAP value to buy back ICAP shares on the cheap.

Another way to look at this from shareholder perspective is that I am happy they choose to pay additional 20 sen in dividend, after 8 years of prudent dividend paying.

geary, I am an investor. This year, my portfolio outperforms KLCI index by over 500+ basis points, with lower volatility.
trader808, many ways to skin the cat. I'm glad it has no logic to you. An advantage with investing is that one can have investing size greater than traders, so, 3% of portfolio is typically larger than what traders trade, which traders typically overlook. it is actually not much effort if you know what to look for. Been doing this for decades.

geary, I have 40+ stocks. The benchmark is 2.5%

trader808, the older I get, the more I realize that I don't know a lot of things especially common stocks. This lack of knowledge has served me very well financially to help accumulate wealth long term.

speakup, my handle is DividendGuy, not NetCashGuy. To me, there is massive difference between having NetCash vs Paying dividends. Insas has extremely poor history of paying dividends, hence, not meet my criteria. Sure, on paper, there's value there, but 2 concerns: 1. When will Insas ever share that wealth with shareholders? Clearly not over the past 10 years. Next 10 years??? 2. I couldn't quite follow easily the 11 July announcement about providing financial assistance to its money lending subsidiary - if something is too difficult, then, I pass.

The time to avoid CAPITALA historically was around Q2/2018 when there's clear signs of distribution.

CAPITALA is under steady accumulation since hitting low at end Jan 2022.

Since hitting bottom on 22/5, this stock is clearly under accumulation.

Sorry, chart not showing signs of accumulation yet ...

Sorry, not seeing any signs of accumulation yet ...

This is a sad stock with more downside to come. Sad, because it's clearly not a growth stock, not a mature stock, not a stable stock, but a declining stock. By right, this. stock in its early years was a popular and growth stock but by this stage of its life, it should be a mature stock paying solid dividends, but today it is clearly not.

Why I say still have more downside to come is because at this late stage of its life cycle, it can only afford to pay 0.25 sen dividend. Annualize that gives 1 sen dividend. It it wants to attract say 5% dividend yield, then, ASTRO price need to fall down to around 20 sen, to give 5% dividend yield. 20 sen is also near its NTA as well.

A sorry sorry stock... only 1 hope left .... goreng.

Last year, total dividend is 8.62 but is taxable. Net of 10% tax gives 7.76 sen which is still a very nice dividend yield of 6.9%. Q1/23 earnings dipped a little relative to Q1/22 earnings, but even if dividends reduces slightly, it should be able to maintain 6.5% net of tax yield, which should easily beat EPF rate. If you own a basket of REIT, you should own a piece of UOAREIT too. I have a nice position here which I'm content.

Yippy, good pickup at 1.12.

For the past 8 years, the company has been paying dividends equal to 15 / 15 / 15 / 14 / 14 / 15 and past 2 years cut that down to 10 / 10 sen. Anyone who looked at UOADEV dividend history for past 8 years will never predict that this year, it decides to pay 20 sen as First Interim Dividend! Not only is this higher than the past 8 year dividend payments, it suggests that if the Final Year Dividend is going to be another 10 sen, then, total dividend could look like 30 sen, which is super incredible when a few days ago it was RM1.60 and those who elected to have recent dividends as shares was able to own it at RM1.49 i.e. the dividend yield is easy 20%!!!

Very nice!

When it was trading at RM1.6 just a few days ago, people don't realize that the Net Cash position is at least 91.5 sen (= 2.204B - 0.245M borrowings = 2.204B Net Cash / 2.409B ~ 91.5 sen)!!
Which means net of cash, the entire business was on sale for only 1.6-0.915 = 68.5 sen!
This is a company with NAV of RM2.4! Less cash = 1.485!.

In other words, excluding cash, the company was available for sale at 0.685 / 1.485 = 46 sen for every RM1 of Net Asset Value!

The margin of safety was super incredible!!!!

With hindsight, this is a stock one should have loaded up during uncertain times. This company has almost no debt and is in very nice Net Cash position. When revenue declined, because its Finance costs is negligible, it continues to be able to keep its PAT a very nice positive. It has a war chest that it is now utilizing to reward shareholders to make itself leaner and more agile. This is the right way.

Many people don't realize and think all property developers are identical. They are not. Those that has the highest gearing also has the highest risk. This company is very well managed financially and deserves the spike in price. The brand name is well recognized, when foreigners come back, they will gravitate towards recognized names like UOADEV and UOAREIT.

Most impatient investors don't like stocks that pays once a year dividend, but I love it when I own 40+ diversified stocks! Now, looks like it's wanting to change to 2x per year dividend payments, which is also okay with me. Nice!!

As a dividend investor who owns both UOADEV and UOAREIT, I am extremely happy that UOADEV will now pay for the first time, a 20 sen Interim Dividend in addition to its annual once a year "First and Final Dividend" which will no longer be a "First and Final". I cannot imagine how they can pay 20 sen + 10 sen Final = 30 sen Dividend when my cost price is only 1.59 excluding past dividends received. The dividend yield is unheard of! Wow, wow, wow!!!

Nice strong push to 3.59. Been holding since 3.26.

Mabel, good to hear you are able to reenter at 6.24. I bought at 6.01 but wasn't able to add anything at lower prices. Now just sitting still and nice to see today's price action to 6.50. Already nearly 2 year's dividend gains but price action is nice with nice potential for some bullish action ahead. Let monitor and see.

ANNJOO looks like doing a bull run? 1.15 close today is nice.

Steel and commodity stocks are not buy and hold but cyclical. Buy during cycle low, sell during cycle high, easily beat 3% per annum for past 10 years.

dompeilee, have you taken profits yet? Lunch time hits 1.55, which on daily charts is right at the 200dMA. RSI also overbought in a general downtrend. I imagine the day traders will have taken / will be taking profits this afternoon. Some short-biased traders may also be looking to sell at these levels since the technical damage to the chart is quite significant and won't be so easy to be bullish after such prolonged falls.

I suspect, nothing to do this week but keep holding. Somebody is clearly still accumulating.

However, on the same multi-year weekly charts, there are many potential hidden bearish divergences when measuring price against RSI. A hidden bearish divergence means potential for price to fall. As GTRONIC price suffered a very prolonged and massive fall over several years, it is normally not a straight line up to make new highs - more normal for it to zig up, zag down, etc. Against the weekly candlesticks, more likely to have opportunities to buy back at a lower price the first time. It will be different the 2nd or 3rd time.

Clearly, GTRONIC's market is no longer bearish. A strong rounded bottom has been seen in multi year weekly chart. However, the rise the past 2 months is very strong. Typically (but not always), there should be some retracement near the neckline. A normal turnaround should see a healthy 38% Fibonacci retracement (say 20-25 sen from neckline). A strong bull might see less like 20% retracement (say 12-15 sen).

So, if one sells at 1.65, then, the place to pick it back up again is around 1.50 to 1.40 say.

However, once the market turns from either bearish or sideways, into a bull market, the key is to sit tight and don't sell. In a bull market, never, never sell, until you see the market turns. In such markets, you can sell a bit late and typically, it creates higher value than selling too early. Only in bearish / sideways market is it worth to sell a little bit early. In a bull market, sell a bit later.

The question of whether to sell or not sell is a very interesting and very important topic.

My best advice is keep track of your own sales performance. Note the date and price of selling and monitor what would happen for at least 1 year after sale, to see if overall, you are better off not selling or selling.

My own past observations points to me these strong personal conclusions:
1. If markets remain in a sideways range / bearish mode, then, almost always, my sale generates value i.e. I am typically able to buy back at a lower price, i.e. trading adds a little bit/some value.
2. If markets shoots up strongly, then, my sale creates negative value, because the opportunity cost is typically greater, as price can shoot up higher than what anyone can expect - some cases are like this.

My experience is that 1. happens more often in recent years and 2. occurs rarely. Nevertheless, when 2 occurs, the opportunity cost, when measured against peak price can be quite large. The problem for me though is that I could never pick the peak price.

But the benefit of 1. is that it gives me a more stable result. Given my modest objective, which is to beat EPF returns, selling a bit too early meets my objective.

However, some of you may have more aggressive objective, in which case, you may consider to look for the big win later.

NatsukoMishima
U believe or not after u sell it skyrocket to rm 2.xx later !

I still do retain some for speculative purposes like above. For the bulk, I execute my dividend strategy.

Our observations are price always zigzag up and down, whether anyone here sell or don't sell, buy or don't buy. That's market truth. Today it zag down after overbought at 1.65 to 1.53 as I write this. Later, it'll zig back up after oversold.

Definitely strong zig up bullish momentum since May (2 months). Zig zag principle means expects some zag down periods too later, before zig up again.

When I first bought GTRONIC, the Dividend yield was 6.0%. However, with strong price run up to 1.6x, the Dividend yield has shrunk to 3.8% - to me, it is enough reason to sell as it is moving away from my objective which is high predictable dividend income. Last year dividend was 7 sen, hence, cashing in makes sense to cash in many many years of dividends. I have 40+ stocks, I have no particular love for any one stock, I just execute my dividend income strategy as consistent as I can.

Yes. Just saw the announcement a few moments ago. Turns out they bought 2.2 million shares ranging from 1.42 to 1.50 as announced. I didn't see the announcement, but based on price charts, I deduced 1.42 and 1.50.

Hapseng is 3.2% of my portfolio. Don't bet the farm.

Btw, I like what the Monthly Candlestick chart is showing - the hidden bullish divergence looks to be forming nicely if price does not make a new low this month. Give it a few more months and the uptrend on this stock will be amazing given the chart structure.

For those who has written off Hapseng, consider its profitability over the past 10 years and note the resilience of Management. Here's the Maximum Quarter Profits over the past 10 years:
Q1/23 - 51m (too early to tell)
Q3/22 - 563m
Q3/21 - 381m
Q4/20 - 351m
Q4/19 - 681m
Q2/18 - 644m
Q2/17 - 629m
Q2/16 - 606m
Q2/15 - 557m
Q2/14 - 245m

So, I personally won't take Q1/23 profit of 51m and then annualize it to 204m. It is 100% certain that such highly simplistic methodology will be incorrect by the time this year end comes. Hapseng earnings is seasonal, we'll have to wait till 31/12/2023 before I write off Hapseng. For now, it's buy the dips - buying dips means I put faith on Hapseng Management to resolve its profitability problems like what it has done for an extremely long time over the past 10 years, every year.

Hapseng has a potential bearish divergence, showing likely price falls - today's intraday high is only 3.28, lower than the intraday high at the end of June of 3.29. If it fails to break above 3.29, then, the likely direction is lower, perhaps testing 3.0x. So, that's where I'll wait to add more to Hapseng. No need to chase, let price comes to you.

SPTOTO rose strongly touching 1.50. 1.50 is a normal resistance and a potential neckline where it should fall back to around 1.42 or so. Let's see if this rally is real or not. At 1.42 or 1.50, SPTOTO is cheap with very high dividend yield.