I originally bought this @ 1.30 in Feb, but contra-ed off my shares when they fortuitously rose the next day to 1.37. Decided against picking them up back then despite my belief that they would eventually touch 1.50.
Same decision made with MBSB (bought 1.35 then next day shoot up because Ma Yu yu reportedly took a large stake)
Don't regret it until now! Not buying in either KSL or MBSB yet :D
Not only not consistent, but empty promise, what a joke now by looking at their 40% dividend payout policy promised 2 years back & 6 years back.
Last time give reason of want to keep money for future development, now what is the reason? Bad market ahead?
--------------------------- Posted by iamsoonoob > May 26, 2016 09:23 AM | Report Abuse ksl got potential but too bad its dividend payout not consistent....
The results of property sector at the moment cannot be good , but the recent drop of KSL may have accounted for its expected coming report, it may not drop much further even the report is not ideal.
buddyinvest, I believe ksl should hit 4.00 ... but till now i feel sad becoz of keep dropping instead of hitting rm 4.00... may be it need take 1 more year to achieve =(
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....
tklim
3,205 posts
Posted by tklim > 2016-05-23 17:55 | Report Abuse
haiyaaa...I was waiting at 0.90....I hope tomorrow can get....ha...ha...ha,.