But the dividend might not come until very much later in 2013, at the latest on or just before 31 December 2013. Having said this, correct me if I'm wrong, an average 18% nett gain over current price for a year's wait is still very attractive. And there's a chance of the share price going up to 6.00, according to analysts, so why aren't people holding on to the stock until they get their dividend and then perhaps sell it at a very much higher price, say 5.04 after the price has appreciated and gone ex-dividend.
can't u understand that this is market , so buying n selling will be the norm of the day.If u have confidence , just hold on to it , if not let go and take the cash instead. Some ppl seeing bad times as opportunities but others think otherwise.In stock market when there r risks , there r opportunities as well . It is a well balanced game.
Kseng is cash-rich and asset-rich as well. There is no doubt about this. Management, I would say is, very poor and stingy. The company has over RM700 million of cash but gives you chicken-feed dividend. It does not know how to make good use of the cash it has; it just sit on it. Small shareholders are much concern about this. If it has no idea how to generate cash from the cash it owns, it should at least return some of them to the shareholders. If a revaluation is made on the lands and investments it has, the stock is worth easily more than RM18 per share!
Ben. this is why quality of management is so important. If you just have brother sister uncle aunty and no management talent, the stock is not going to go anywhere. i just use my head as a minority shareholder and avoid this share altogether. i understand how family run companies work and this company is like barisan nasional. its never going to change!
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Posted by New Insight Sabah > 2012-12-27 09:47 | Report Abuse
If this stock has such good potential, then why are people selling there shares in it? Doesn't make sense, does it?