KUALA LUMPUR (March 25): Spritzer Bhd is acquiring an agriculture land near its existing mineral water plant in Air Kuning, Taiping for RM76.11 million, to set up a new plant.
The group said the 1,228-acre land, planted with oil palm trees, belongs to Trong Oil Palm Estates Sdn Bhd.
MHC's director had consistently purchased the company shares starting November 2015. Possibly,his average purchase price over the last 5 years could be higher than the current market price. Any clue?
Good news. Just declared a special dividend of 2 cents, resulting in a total of 4 cents dividend for the financial year 2020. This works out to 5.4% dividend yield based on the current price. More than double the FD interest rate of the bank.
MHC/5026 ============================================ On technical charts, it is uptrend stock, within striking distance of old high RM 0.845, once, it pierces thru it will definitely create new high, those investors who can wait, just be patient for the short term Target Price RM 1.00
TO : thesteward If can close 81.5 next week potentially go 88 ============================================= MHC Yes, both of you are correct, this stock has the positive uptrend movement, after reaching RM 0.88, will reach the 2 nd target price RM 1.00 and above.
Strong buy ! not many stocks in Bursa have this type of profile other than gloves and some tech stocks a must have stock in your portfolio esp when palm oil is hitting the roof
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....
novice2020
133 posts
Posted by novice2020 > 2021-03-09 14:47 | Report Abuse
Considering the bullish CPO price, this stock is much undervalue. Why the share price is not moving up?