4th Q results may or may not be bad. I think it also depends whether the new Group CEO who just step in is going to do kitchen sinking, an exercise many new leadership fond to do so that he show his good performance after taking over. In this respect, I am not concerned for the 4th results.
Boustead is owned by LTAT { armed forces retirement fund} how a retired serviceman feels when their pension fund declared below par dividend rate for the past 3 years. Lower than KWSP or Tabung Haji. Money talks and hurts when it come to your own pocket. FY 2018 blame it on BN, 2019 blame it on PH. FY 2020 blame it on????
Current sentiment shifted to recovery cum political linked stocks. MSM, MMC, MNRB , MRCB etc. I think Bstead and Bplant may be the next 2 counter fitting to the theme. It can be very interesting if they report reasonable level of profit for Q42020 which will be announced within this month. Bear in mind election may be not very far away .
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....
florenceyong
150 posts
Posted by florenceyong > 2021-02-26 18:28 | Report Abuse
I still hold