expect 6 cents eps and 5 cents dividends to be declared for 1Q2016. Current weak prices seen in this stock presents a very good entry point for investors looking for both income and value. However, Magnum is surely NOT a growth stock in a foreseeable future.
Sheldon- if they only deliver what you're expecting for 1Q2016, it'll be a disastrous FY2016 for Magnum, I afraid. I hope I am not overly optimistic and living in my own lalaland. haha...
billionchew , sorry billionchew I dont think so , I say will high dividend, because after I investg , magnum customer more than other gamber counters, serious, I think this coming reports will good and with high dividend , pretty sure high div. all the best and add oil magnum
For anyone who wants to add position in Magnum, there's no need to chase to price up. There has been a persistent big seller at $2.34. So, buy only at $2.34 or lower. Moreover, should the 1Q2016 turn out to be bad, i.e. <=4 cents EPS, you may even able to collect it at 10% lower than current price. Nevertheless, I wish it not to happen.
see told ya, div sure higher than last time, everytime improve , next time back to 5 lol, haha cong who bought in last week , good job,' Actually I have magnum last year @ 2.60, so I only flat move, some who new bought in must be very happy because straight get 4% dividend same as toto dividend , well done Magnum keep improve
Looks like they met my expectations. But I'm still somewhat disappointed as my expectations were low to begin with. My worry is that this is supposedly the best quarter.
Considering the strong headwinds with the poor economic & political sentiments I can only hope for the same performance to be repeated for the next 3 quarters. Anything more would be a bonus and anything less is unfortunately expected.
This illegal issue thing has been going on for decades. They can crack it down but i speculate that too many bigwigs have their hands in the illegal cookie jar hence any action will be just for show.
Would the govt like to increase their coffers with gaming taxes from the legal gaming outfits? - The answer is Yes. But between the govt's coffers and personal pockets then what do you think would be the preference?
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3324 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
N0B0DY
80 posts
Posted by N0B0DY > 2016-05-12 23:28 | Report Abuse
So now it's time to buy more?