I wont invest in a company that does not nothing year after year. No future other than existing business is not a good thing. Slowly will be overrun by others
Of course the intention is wiping out the less confident shareholders O&g I'd say is not without risk Many company which go into oil and gas lose big money as the startup cost can be huge
There is no major correction. Index holding, sea of red are those few cents dropping, yes market weak today. How many times have this been acted out, all of a sudden, it make a U turn
i trust this counter will further up at least more than rm1.60, anyway to maximise the profit to take profit at high then accumulate at low is good approach as well.
DY before 2013 was spectacular (8-14%) until 2013, due to price increase, DY dropped to 2.5%. Fundamentally, it is a solid stocks, but over the last 5 years, it has been trading at single digit PE. Recent turnover reach RM390m, first time indeed, hopefully more catalyst for growth.
I remember a year which they declare special dividend, 10Cents. That was good. We may be looking at one too, it comes all of a sudden, and if DeCentrum is going good.
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