Will be a good dividend stock if they are willing to continue with the generous dividend payout of 40 sen for last 2 years. On the downside, is the Co's inability to "monetize" to create value from the massive land bank especially in Penang. They bought a beautiful piece of land at Jalan Dang Wangi opp the Dang Wangi Police Station but use it as a car park since mid-1990s.
It seems my wife is a far better investor than I am, but the reasons for her choosing to buy stocks confound me, though she definitely has her own ways of investing.
She bought PPHB at 45 cents post split, and recently she also bought Oriental at 4.82.
Her reasoning was very simple: she buy them because they are penangite companies run by first generation Penang Chinese. Cannot go wrong one!
in times like this, you want to put your heard earned money with proven companies, such as Orient that have survived few generations, few economic crisis
of course, things can change in the future. but no one knows the future with much certainty
this company has shown to be resilient
end of day, it boils down to balance sheet strength
Beware of words from "cold eyes" recently also, this kind of company can be "value trap", if being under value for too long, the major shareholders might one day take it private by offering 10-20% above its suppressed market price !
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5729 views | 5 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Erudite
252 posts
Posted by Erudite > 2020-05-06 13:07 | Report Abuse
TQVM 4 tis highlight.