i bought the shares during the high at 10.50 n still keeping them. There is no chance of making money except to average them to a lower level to cut losses.
sorry to here that vinvin, the dot com boom i take it. better than those investors that bought hwa tai industries at 100.00 in 1997.....down to 0.50 today. talk about getting wiped out.
Gkheng, the original shares I bought until now still remain unchanged, no bonuses or splitting but of course the dividend is getting better n better just like soosuan said better than bank FD.
For what I know, the drop after dividend will be the closing price of previous day less the the dividend declared e.g. closing price Rm2-51-0.21=Rm2-30 opening price the next day. I hope I'm right.
It depends on market force. If it's a popular counter where people goreng then it'll touch Rm2-50 very fast maybe 2-3 days or a week. If it's a quiet counter maybe a month or so.
vinvin : of course... During that time, every IPO multiple in price after listing. 2 times Limit up in a single day. Nowadays , mana mahu cari.. Susah mahu cari
vinvin, not sure on ur total cost after u averaging the cost. if u bought RM10.5 *1000 = 10500 10815 11139.45 11473.6335 11817.84251 12172.37778 12537.54911 12913.67559 13301.08585 13700.11843 14111.12198 14534.45564 14970.48931 now in FD: RM4500. Did u get more divd that this figure?
IMHO, not sure for long term, price will be stagnant (RM2~2.3) again after EX-date for another year based on coming revenue. this comp depends on gov projects, cannot get very rich (unless UMNO putra get in again) nor cannot bankrupt. 2cents
Gkheng, what I meant is that if v buy the shares now which is around Rm2,000 plus n get a dividend of 21 percent should be better than putting in bank FD. My investment in this counter is already a lost as I bought the shares very high.
MSNIAGA LAST HIGH WAS ON 21/2/2000 @MYR16.70......AFTER LIST ON 18/10/99.......@MYR1.90........sure it will comes back to date where we will see profit sharing rather than watching,!!!
not bad d lo Q4 hurt so bad still give out rm0.1 lolll...anyway i quite impress on their div plan dam consistant every year avg 0.15 n above at least for continuously 5 yrs + which not much co can do so (SME size/price range ard 2-2.3)..
anyway i also done buy in some unit to keep it low ard 2.05-2.09..refer to previous trend once announce the div usually they will mark up the share to 2.4-2.5 b4 div ex so dont miss the boat again;)
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....
Mohd Shuk
725 posts
Posted by Mohd Shuk > 2012-03-29 17:36 | Report Abuse
Long Term!!! Simpan!!!