nothing to be excited. boundaries open does not mean people must come . just like you can open a kopitiam , not necessary people will come to your shop. unless you have something to offer or attractive . the situation now is either we don't have or don't know how to sell... semua busy with own agenda/interest .. how to gerak maju ????
Scicom's previous main contributors of revenue was from travel industry, the company did very well to capture the boom of ecommerce during pandemic since 2020 and well compensated the loss of revenue in travel industry.
Now, with the coming back of travelling activities, there is something positive we can hope for Scicom.
Scicom is definitely one of the beneficiaries arising from the boundary opening, though I believe the positive effect may not immediately, but surely coming in progressively & in stages.
I think today just some weak holders on t+2 selling in the morning...1.21-1.22 was pretty well absorbed from what I can see. Plenty of happy buyers now...
Don't need Harry to do the price announcements, we all have live price feed...
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?
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Childish