Fundamentally i like this counter because of its high margin.. and it has no COGS due to it is like a middle man in supplying stuff.. however, yday some people went and push it up so much to take advantage of this counter.. I say this is because so many years of good fundamentals record but why suddenly yday burst shoot up out of nowhere??? however this is just my opinion.. lets see how it goes..
Chrollo, there were rumors that someone is collecting, previous 1 month's volume has been high but price movement stagnent, could be something there. Just my 2cent opinion. At 0.20, the divi yield is still relatively attractive compared to other counters. So shall see. Chrollo, I will hold tight tight.
changlk, rumours is afterall rumours.. but u are right previous one month's volume can be seen as above past years.. but u must take into account the conversion of warrants into mother share and causes spikes in volume.. this may be a reason why also the volume has been high.. personally i am liking this counter.. but any good counter can be dead if someone is playing it from behind.. i have vested interest too if u wanna knwo ;)
Yea I know it's rumors.. That's why I kinda buy your view if the syndicate is disposing. In anycase, I can hold as dividend stocks. Still better than some REITs counter if the earnings are sustainable. :)
Volume wise, the conversion of warrants only account for about 30mil shares past month. Possible hike in volume due to that but not all. :)
Result out tom right? Today seem quiet across the market. Yea, yest spike of volume happened first half session. I was shocked when I saw this sleeping counter moved like mad early at 9am.
yaya superman... told u d ma... was in watchlist when is 17sen geh... but suddenly shot up make me dilemma liao... hais... why treat me so unfair... :(
thanks guys... sorry to target it at 18(consumer always look for cheaper price)... to me just want to keep it long term for dividend yield(however the price doesn't affect me geh)...
fyi, one magazine listed this is the top dividend counter... 1. marco 2. rexist 3. classic scenic 4. tasek 5. engkah 6. panasonic 7. cyl 8. formosa prosonic 9. star
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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....
bukithot
457 posts
Posted by bukithot > 2014-02-19 19:55 | Report Abuse
Why Friday? Is Marco going to announce the result this Friday?