Special Draws fall on Tuesday and it is indeed special because these draws need to be approved and granted by the Government of Malaysia. The total number of special draws approved per year now is 22 and one of the main reasons for this special draw is to increase government coffers.
Don't hope for 3. The Co is scrapping the bottom of the barrel just to pay dividends. With GST eating up the bottom lines to feed the desperate government, the price will remain moribund.
I bought in magnum at higher price last year. Currently see many blue chip rising very high like no tomorrow instead of magnum. It really makes me sad and feel want give up magnum. Someone can cheer me up?
No good news Angie except if the govt takes note that the excessive sin taxes & GST is slowly killing this goose that has been laying the golden eggs all these years by driving the punters towards illegal gaming.
For Magnum, I also need to complain Market lol : Market really not fair to Magnum , base on recent dividend offer , TOTO 4sen, Magnum 3.5sen, almost same what ? Why TOTO flying near 3.5 but magnum still stop 2.5, Unreasonable right, at least RM3.00 what base on mmy conclusion. I just want to cheer magnum up here. I expected if let say magnum next time offer 4.5sen dividend then consider more dividend than TOTO , do you guys think if next time magnum div more than TOTO , will magnum be 3.5 ? please comment . Haha
share price is decide by Revenue , Profit and dividend. not just dividend. please compare Profit and Revenue between Magnum and TOTO, u will see TOTO Profit and revenue is highest than Magnum, EPS also higher. that why TOTO fly to 3.5 lo...
of course magnum, they dividend almost 90% same , but magnum more cheap , so of course buy magnum, my remiser claim now magnum oversold , so after the report come out if show big profit and improvement , then magnum will back to 2.90 or until 3.00 . faster buy now, now government is finding a way to sapu illegal . dont worry magnum will offer high dividend this time, I can see many people q at magnum store better than other company , my fren all buy magnum only ,they all support magnum , esp chinesse all buy magnum
if dividend is 5 cents, the share price will be going up to 2.55 - 2.60. if dividend 4 cents share price go back 2.50. if dividend 3.5 cents or lower, the share price may drop to 2.30.
thx2012, why if dividend is 5 cents, the share price will be going up to 2.55 - 2.60. if dividend 4 cents share price go back 2.50. if dividend 3.5 cents or lower, the share price may drop to 2.30?
no, I expected will big profit, after I check find out actually more people buy magnum than other company, and magnum got new game as well , sure profit up. only stupid sell today at this price ?
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Posted by cpng > 2016-02-28 10:52 | Report Abuse
Special Draws fall on Tuesday and it is indeed special because these draws need to be approved and granted by the Government of Malaysia. The total number of special draws approved per year now is 22 and one of the main reasons for this special draw is to increase government coffers.