OK ... the KING got to go pick up kid at school ... plz dun come out with C2peed TP 1.30 and scare off all the potential comrades. WHo wan to buy at 1.26 if TP 1.30 ... aiyor ! Think use brain lar not foot.
can anyone interpret today closing candle pattern? Is a doji and does this mean no shooting star confirmation pattern? I wish not so that it will not be a reversal pattern.
Insas prospects look good with profits over RM100mln for half a year and earning above 24c per share.The dynamics business in Inari(44%),M & A ,securities business which can be converted into Investment Bank,fashion and beverages business eg Dome café housese.With diversified businessess of good prospects at RM1.26,pe=4.5times there is ample scope for the price to appreciate to RM2.5 if PER is 9times. The only setback is the dividend distribution is not good enough,hope the directors will improve on it to enhance its value.Thks
high growth companies usually do not pay dividends but invest the money to further growth or make growth acquisitions. i'd rather insas do that and double the share price again than pay a 5% dividend at the expense of growth and future improved earnings. I'd like to see them increase their share of Inari for instance. Suppose they were to announce that they were going to up their interest in inari to 49% from 34% using cash on hand? What do you think that would do to the stock price? I think it would skyrocket. If instead they paid a special dividend of x sen a share the share may go up UNTIL the dividend is paid at which time it would no longer even be worth what it was before the dividend was announced. Why ? Because then it is the same company but with NO cash !
if you want dividends buy magnum 6.6% year after year after year but NO price appreciation. that's what I did.
Thanks gweilo... How can we know if Insas already increased their share in Inari? Does the shareholding summary only gets updated quarterly. I wonder if they had been actively buying the shares of Inari earlier.
Much the same as their own open market share buybacks are.
I am not sure how Malaysia works in this regard and whether or when they would be obligated to make a general offer for ALL the shares of Inari. They may not be able to nibble nibble buying a percent at a time. I don't know. I am sure somebody here knows though.
Hi gweilo, I strongly agreed with ur view for the company not paying high dividend but instead using the fund for expansion n investment is much better n when the company has made more profit from its investment then it can increase the payment of dividend.
yup when the business matures and stabilizes, has a reliable stream of steady income but no more significant growth prospects then you pay a high dividend to support the stock price.
How you all explain some company with high growth in terms of EPS and also pay reasonable dividend to their shareholder? Example is Presbhd and Zhulian.
I'll checkout Presbhd and Zhulian tomorrow but growth in eps is not the only kind of growth I mean. If you have a great business and there is no room to grow it by investment or acquistion or adding more stores, franchises, outlets, etc and it is growing itself and throwing off lots of extra cash then by all means pay a dividend but this is not where Insas is, not yet anyway. It has better ways to invest its cash now in its own future than giving it away to shareholders. If they did it is IMHO going to hurt the stock price.
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leno
6,160 posts
Posted by leno > 2014-04-01 16:05 | Report Abuse
INSAS ! INSAS ! INSAS ! GO ...GO ...GO !