Maybe will continue trend till next dividend announcement. It maybe good idea to sell and buy back cheaper for those who have bought at average price of 13.00. Sold at 19.00 just 1 week ago and bought back at 18.42.
since June at RM 21 dropping RM 1 each mth till Sept ......RM 17 only (rm 4 loss !!) ...Its a lot !! Initially,i thought the EPS dropped, but there must be other factors....July and Aug are bad mths for them but not yet disclosed ??
Can it go lower ?? Something is not right......Foreign funds moving out ?? will it drop to 16,15....14 ? I bought last yeat at RM 13 but as u can tell ,i did not sell yet even at 21 this year ....each year ,this stk normally has a capital gain for rm 3-5 thats abt 30 pct gain...17 is good to sell but like someone said "SAYANG" ......something is not right ....i just dont know what..
4u2c, if i were you, I will hold for the dividend. I also bought Carlsberg few year back and still holding it. I don't know what is wrong with alcohol and tobacco counter. But a lot of people worry about GST and sin tax. But these company been there for a long time and I don't think they will do too badly. And I always like foreign companies because better management and transparent. And more generous with their profit.
Most likely the coming Budjet will include sin tax. Last year already no tax but this year GE13 already over, now is the best time to impose tax...without income how to implement so many janji?..
i dont think war or gst will effect this share...its consumer branding products aim at drinkers ....Tiger is todays brand........good n fair company ....i maybe wrong but her vtrack record is first class !!
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....
ccs999
674 posts
Posted by ccs999 > 2013-07-17 11:48 | Report Abuse
Hi Choonhock, what history?