After averaging down yearly since 2016 just b4 the ex-dividend date to just under 45c, I fortuitously SOLD just over half my stake @ between 45.5c-47c lately...the first ever, though small, capital gain on this stock !
Will wait @ 40c to rebuild my position closer to the ex-dividend date!🤗
FD Idzham, Business Development & Corporate Strategy at Glomac Berhad, who is the son of Datuk Fateh Iskandar, who is also the group managing director and chief executive officer, owns another 19.17% stake in Glomac recently married to Sultan Pahang's daughter, August 2024.
Glomac Bhd says it should benefit from potential heightened activities in Johor with the proposed introduction of a special financial zone in Forest City, and a possible revival of the Kuala Lumpur-Singapore high speed rail project.
The company is bullish given its existing presence in Johor through the Sri Saujana and Saujana Jaya township developments, which have a combined landbank totaling 238 acres and a total potential estimated gross development value (GDV) of RM800 million.
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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....
dompeilee
11,890 posts
Posted by dompeilee > 2 months ago | Report Abuse
Very HIGH probability of FLYYYyinng next week!