Total = RM1.40 (Over a period of 10 years & 2022 is still going to receive dividends).
So, for me, investing in Taaan for long term dividend payment basis, will very soon ensure my Taann's holding cost is getting lesser & lesser, because I will continue to receive dividends from Taann. It shall become FOC for me one day.
The above is actual record from Taann's website.
One day, if something excellent comes out from Taann benefiting LT shareholders, I will reap a huge financial jackpot while my Taann's holding cost is already lower & lower, and this is a wise investment policy I hold & advocate.
Ardy same price with SOP. You need to look at timber prices as well bcoz Taan is not 100% palm oil player. If timber price is also on downtrend then this price level is hard to sustain
Forget about the share movement of Taann and with Average CPO Price moving between RM4K/ton to RM6k/ton, Taann has become a high & excellent dividend yield/payment share to hold for your retirement.
It is so much better than putting your excess funds in Fixed Deposits & with Ringgit's deprecation rate, your investment in Taann is a natural hedge against all odds.
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wallstreetrookie
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Posted by wallstreetrookie > 2022-06-15 14:38 | Report Abuse
Follow director purchase. Buy the dip