moonlove99 , haha, maybe main sholder sapu sendiri I expected give 5% dividend tomorow if limit up we all happy happy tomorow up 20sen again please haha
In fact the complicated jackpot is killing them too. Less sales but more people strikes the big one. Time to sit down on the drawing and think of better and simple game.
Thus counter is for medium to long term. Result not expected hence share price will drop however they key is they still making money plus still give dividends. No miney ow to give dividends? Of course they need to improve the earning QoQ as well to convince The long term investor. In summary, my two cents this still a worthy counter to consider unless the P&L in red :-)
Temporary dip in earnings is acceptable. Only concern is that a lottery business in an increasingly conservative country is not sustainable. Should look at diversifying into other businesses.
Another thinking of high payouts. Think about it as one of the way they attract more people to gambling. Psychology the people that gambling in Magnum will win big. When more people do that they will earn back at the later stage. Well I don't have any insider news nor proof of that just the way I'm thinking of it.
Second with consistent dividend payout that is good enough for me. Just keep on collect the dividend every quarter or so.
Angie, Mphb cap and magnum previously are same company - multi purpose holding but they spin off the non gaming assets which listed as Mphb capital in 2013. This article may help provide info http://www.mphbcap.com.my/popup_news.asp?id=148
member41 thANKS AND THANKS , member41 you got magnum, I have since 2.55 . why mgn reports so bad one, not happy price also drop last time can trade above rm3.00 , why now below 2.40, cannot tahan magnum must trade above 3.00 , magnum higer dividend yield than many stocks which price above 4.00 lol
Hi angie yes got magnum few year already since mphb old days. Just keep it and let it collect dividend. I don't think it will up much no catalyst yet but if drop nearer 2 can add.
angie......gambling sector is dying...new generation do not gamble....look at the profit margin for genting and bjtoto...also squeezed...older generation usually buy numbers through illegal channels....moving forward will be challenging...
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 3249 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....
nkk53
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Posted by nkk53 > 2016-08-06 12:00 | Report Abuse
dividend a man datang