Nevertheless, short term, I expect price to zig zag and usually, there's a second chance to buy back around the price that you sold, if HEIM's coming underlying results for Q4 are lower than the low expectation.
In this recent swing fall to 21.02 low, market expects a small dividend reduction comes 4th Quarter. Perhaps around 10-12 sen lower, but if it comes much lower than say 15 sen lower, we might see 22.5 again.
In hindsight, 2022 was an exceptional year for HEIM. So, looking forward to next year, I think it will be a good result if 2024 matches 2022 year or better. Dividend yield of 5%+ is a good result for FYE2023 and DPS should grow in 2024 vs 2023 IMHO.
I suspect we might see final dividend at around 82 sen though (LY around 98 sen) i.e. I think if one is patient, there is 60% chance, we may be able to add HEIM again at around 22.5 or thereabouts.
If HEIM pays rm1.20 as dividend for year 2023 that means a decrease of rm0.18 and an assumption of about 5% conservative average dividend rate. The formula ;- (rm1.20 * 100) / 5 = rm24 or rm1.22 based on your (@DividendGuy67) dividend estimate for year 2023 instead then, The formula;- (rm1.22*100) / 5 = 24.4
Fuiyoh! HEIM + 42 sen. KLCI closed green, hope most investors make record profits. Thanks to HEIM, GENM, MI, MAYBANK and 24 other green stocks to offset 6 reds, my portfolio made new all time high again today. What a great start to 2024 after a very strong 2023!
Hi moba, It was just an illustration. I don't have a fixed approach to decide entry or exit. It's a combination of fundamental, technical, other and ideally, it should be "obvious" to me that it's time to enter and relatively "obvious" to me that it's time to lighten. I only trade/invest in stocks that are fundamentally sound, and where technical supports, considering market past and outlook and sometimes sector past and outlook (depending). For some sound stocks, strong dose of courage to average down, for losing stocks, courage not to average down. :-) As for timing entries and lightening exits, to be honest, I rely on charts more.
HEIM 24.5 close. +40 sen. Nice. Thank-you HEIM and 25 other stocks that closed in green today, that helped offset 11 reds, to bring my portfolio to new all time high against today. Today is the 7th time in January, that my portfolio has made a new all time high. Thank-you Mr Market.
HEIM closed RM25.9. +RM2.10! +8.82%! Thank-you HEIM. Together with another 24 stocks closing in green, to offset my 12 reds, my portfolio has, yet again, made new all-time high today! KLCI closed 1515.39. Hope many will enjoy new all time portfolio highs today too!
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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....
DividendGuy67
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Posted by DividendGuy67 > 2023-12-08 00:04 | Report Abuse
@MOBA, great trading entry at 21.32. Nice.