most of my friends lose patient in PANTECH, price up down and up down last whole year, most of them made cut lost already. EPF bought it sure want to invest and make money from this company for all nation. PANTECH? Good management, potential growth in O&G, everyday quarter dividends and 4% annually, most important...cheap price. Down trend? Then you dare to buy more or not. For me, still the same...PANTECH worth RM2 in the next two years, even with the facts of no RAPID project, don't want to do business with US, or out of shariah list. I also dare to invest in this company....but what if? either one of this factors become good and back to PANTECH? Breaking historical highest price RM2.40 is not a problem.
EPF investment strategy according to person in charge no 1 priority protect capital, earn dividend and grow income track record pretty decent. Quite conservative and low risk. Now enter pretty good timing as collect during dip gives you a good discount. Will be collecting if monday price does not rebound like crazy.
From the above thread, it appears many are losing patience on Pantech. PLEASE DON'T. Worst is almost over. Results from 3rd quarter onwards will show growth. Stronger growth will be evident by next year when Rapid kicks in. Meanwhile downside will be limited by EPF's buying and 4% dividend yield. RM1.50-1.80 12-month price target achievable.
Last year 1.04 this year 1.06. wtf one year only up 2 cents. Pantech wasted time capital locked wasting opportunity considered a failed investment. Learn to cut loss and never fell in love with shares. Bursa to earn money not to hold lousy counters like pantech.
EX-date 02/09/2014 Entitlement date 04/09/2014 Entitlement time 05:00:00 PM Entitlement subject Final Dividend Entitlement description A Final Single Tier Dividend of 1.00 sen per ordinary share of RM0.20 each in respect of the financial year ended 28 February 2014. Period of interest payment to Financial Year End 28/02/2014 Share transfer book & register of members will be 04/09/2014 to 04/09/2014 closed from (both dates inclusive) for the purpose of determining the entitlements Registrar's name ,address, telephone no Mega Corporate Services Sdn Bhd Level 15-2, Bangunan Faber Imperial Court, Jalan Sultan Ismail, 50250 Kuala Lumpur Tel No.: 03-26924271 Payment date 22/09/2014 a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 04/09/2014
Buy for 1c? Crazy... I bought at RM1 also gamble on potential shariah inclusion later in the year plus Pangerang project. I see EPF collecting maybe a good sign. Laupeh EPF buy early again and then sell cheaply to those Government Linked Fund that are bounded by shariah I think.
Steve Jub, you are back. miss you la...Pantech look like repeating the last year graph. hope the EPF can push up the price, if not then i am waiting at the bottom...
I hold this counter already 1year with price 1.14....before announce quarter report the price was stay at 1.10+ but now down again...no future for this company, better invest to other counter...olo
Steve Jub, buy stock to keep lo, no need everyday eye on it. Pantech is stable, now EPF come in already, should have more potential, something brewing. Now market sentiment not good, then is a good time to buy cheap share. We patient wait at low price, if manage to get, then happy lo; if not then just watch the show lo...
Based on a May 2014 RHB report, Pantech should be getting an extra RM300-400m sales annually from just the RAPID project between 2015 to 2018. This should translate into an extra RM25-35m profits p.a. Coupled with its existing operations, the company should be reporting RM80-100m profits in a couple of years' time. This implies the company could now be trading on just 6x 2016 PE!
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....
nicky
3,356 posts
Posted by nicky > 2014-08-02 18:15 | Report Abuse
I m losing patient with this counter....