of course you can hold if you tahan lasak type....no fear or worry....be fearless type guy....why must you run when nobody chase after you....be a strong leader and not a follower....why must you cry when you are not kid anymore....got trapped who cares? ECM is not a lousy company...it is one my top fund management with high profile connection in malaysia.
i am in since last year at 0.381....got bonus dividend also. when the price drop from 1.390 to 0.381.....since then never dare to add anymore....sure the good news will come out very soon....
@Ismylife73, true that 99cents was giving out, price adjusted that to .48 on ex, then further drop to .3 then price stays flat till recently, in the end u didn't really earn because price will be adjusted.
@sakuro525 yes, the price will readjusted after ex date of dividen. It was really a bad example given by me..
The 2015 annoucement of 99cent (65 cent only in term of dividen while the rest in term of share) was part of the capital reduction which reduce the par value of RM 1 into RM 0.12. Hence the price plunged was severe as the company distributed more share.
On the other hand, current proposal of 19cent special dividen is due to disposal of its non core asset (bangunan ecm libra near menara bursa there)
The disposal was because the ecm wanted to focus on the hotel segment (sri langka and tune hotel)
My forecast is the stock price will rally up to 0.6x after the dividen proposal have been confirm. Either want to sell it before the ex date or wanting for the dividen should not be an issues since we already taken the profit.
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Posted by xyXy > 2017-05-05 11:48 | Report Abuse
gv special dividen 15.5c