Well, I do think so as we had a huge volume days two days ago (1.6m shares traded), today overall only traded 279k...Nothing to be overly concerned in my opinion.
If Harry has another better analysis to offer please go ahead instead of simply being a price announcement service. LOL
dear harry , i believed those been holding this counter for long are very happy with it. for me, not too long only less than 3 years. why ? their dividend policy and stable distribution . simple calculation . my cost 0.92 after 3 years dividend received ( 2020 5 cents 2021 6 cents 2022 i don't see any problems with 7 cents , so far 2 Q already 3.5 ) . presume i never reinvest it back. now the cost will be 0.74. wait for another . i will be receiving double digit % dividend passive income. in short i could create double digit% counter( in 4 years) for long run why must i care for the price fluctuation.
i wish you all the best could get those counter give you double double limit up . lol always in your life. all the uncles aunties here are happy and feel peace . sincerely
No doubt Texchem has done well in their 4Q2021 results and the same can be said for the share price in the last few months. However, looking back at history - the company has been loss-making since 2017 and the last dividend paid before the current 10 sen was way back in 2017. People are pushing share price on the assumption that the RM16.53m can be repeated going forward, typical straight-line extrapolation. Can or not I am not sure...don't know the company well enough. So is there too much optimism from this quarter results?
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....
Posted by moneySIFU > 2022-03-31 10:38 | Report Abuse
Whether you are a fly or a bee, your comments defines you