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?
SCICOM never fail to pay QUARTERLY dividend since IPO listing ! I repeat..IT PAID DIVIDEND QUARTERLY never fail. We can observe it has started to increase its payout, with now is 7sen per year or easily hit 6.7% p.a . Further to its growth and stable recurring business, it is safe to park your money here . No TP was suggested this round. Your own cost of capital and opportunity cost are the main factors to decide worth or not to lock it into this counter. Good luck
someone said before target price 2.31. they are the fund manager and all the FOREIGN funds must get through them first or seek their advice .. now don't know sudah mana pergi . Sudah lipat kah ? the lesson here is DON't talk big . ha ha
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....
Harry
1,321 posts
Posted by Harry > 2022-04-02 09:00 | Report Abuse
Next week!