This looks like a good punt, as part of a diversified portfolio for the longer term, patient dividend investor. Valuation is undemanding near 80 sen. Net cash. Good dividend yield, ranging 5%-6% or more potentially at this price and probably good over next 5-10 years plus possible price doubling over this period.

As a dividend investor, I like the Group decided to give a token 1 sen dividend when it is making losses. The Group has a policy of paying 30% of its Profit After Tax as dividends, so, this company needs to turn around into profits first, before the stock price fall stabilizes. Pretty sure market is watching closely since it's been nearly 2 years now ... the question is will it turn around? What catalysts? And when? because at a low base price, a turnaround will give 100% price gains.

The Net Cash is not in doubt. Stock price hit peak in 2017 when dividends was also high at 7.7 sen that year paid 4 times a year. Since then, stock price fell in line with dividend drops, from 7.7 down to 1.25 last year when it was paid twice only, and this year, so far 1 time for 1 sen and unclear. Clearly company is conserving monies due to recent losses, so, this company can also lose monies which they need to turnaround. Otherwise, net cash will also go down, dividend goes down, stock price goes down. Nice to see stock price is downtrending, for those with cash and holding power for several years (e.g. 5-10 years) this one deserves to be a part of one's diversified portfolio. 1 sen / 36 sen < 3% dividend yield which is not that attractive relative to FD, but if they want to stabilize the price fall, then, just give another 0.5 sen dividend yield and suddenly, it's a lot better than FD rates and company has much, much more cash to pay 0.5 sen dividend ... the question is will it do so? Next price fall target could be near 30 sen, at this price, I will definitely add more. For long term accumulators, this one is worth the risk, betting that company will turn profitable again, like it has many years prior. Risky for sure, but sleep soundly when it's part of a diversified portfolio.

In a diversified portfolio of <40 stocks, this one gets in at under 2.5% of my portfolio.

That's the daughter of the retired CEO, just recently took over mid this year. She's been with the Company for many years. Some investors like it, others not so. Like their competitors, company's in Net Cash equal to more than 4 year's earnings, business nicely profitable, conservative dividend payouts. EPF already own a lot of this company, and buying from other sellers, I think at this price level, it's decent chance, next 5-10 years, I'll double my money. At prudent 4.5 sen dividend, that's 3.8% dividend yield which is not great, but if supplement with 7% price gain (e.g. doubling in 10 years), that's a nice 10% p.a. over 10 year gains which is nothing to scoff at.

https://www.bbc.com/news/av/world-asia-28030712.

I will never take up smoking but I respect consumer rights to choose whether to take up smoking. The Tobacco and Smoking Control Bill removes consumer rights to choose, which is very dangerous. Sure, smoking increases mortality rate but many things increase mortality rates.

For example, Malaysians are also amongst the most obese nation in the world, with huge health strain on the health sector. Should there be a bill to force everyone born after 2007 to exercise at least 30 minutes every day and watch their diet? I love to exercise 30 mins 3-4 days a week and I love to watch my diet, but having such a Bill to force every Malaysian is wrong.

Bills like this which is unconstitutional and ignores consumer rights to choose, should be condemned and removed. It is just plain wrong.

https://www.nst.com.my/business/2022/10/836470/give-more-time-pssc-review-tobacco-and-smoking-control-bill-urge-cmtm.

The Tobacco and Smoking Control Bill 2022 should be thrown out. Besides constitutional and consumer rights issues, prohibiting entire future generation from smoking will just push cigarette sale underground, with government losing massive tax revenues. This Bill scares the Market to stay away from tobacco companies like BAT, and buying BAT today is betting that this Bill will fail. To me, it's worth the risk, so, I added BAT at RM10.2 to be below 6% of my stock portfolio.

YTL price has been falling for 10 years from RM2+ down to 50-58 sen. Valuation is not demanding. Dividend yield is higher than FD rates. I am thinking of getting in at this multi-year low price to hold for next 5-10 years. Looks like very good chance to come up ahead than FD rates next 5-10 years.

Next quarter likely to be bad. Soonest turnaround MAYBE next year. This one can keep making new lows for many more months. No accumulation in sight yet.

Given the large loss, plus Indonesia commitment, they will stop paying dividends this year and likely next year too. Dividend investors may have to wait for a long time. Past dividends is not a good indicator of future dividends anymore.

I like this stock for its high dividend yield. I wonder what other bad news might be coming to lower its price?

Beware company’s negative earnings. If it doesn’t turnaround soon and if it keeps losing monies, then this stock can tank further. Don’t catch a falling knife.

The company cash position has changed badly. After earmarking for substantial spending in LINE project, remaining cash will drop to RM0.9 billion. With negative earnings, the high dividends may be suspended. For dividend investors like me, this is very bad news. Today 1.9 was a support (despite intraday breach), but downtrend is unmistakeable. The hope is the company investing in its business will one day generate larger profits but risks are high. Holding and forgetting.