Better take profit tmr,can't wait for the dividen. Maybe price will drop back b4 dividen ex-date since the DY is not attractive with price above RM 1.10.Just my personal view.
The number of shares in circulation jumped 13.44% is not bcos of esos but conversion from Loan stocks. Although it may lower the EPS but it help Pantech to save 7% annually. I think it is good for long run, it also show that shareholders are confident about the company prospect.
As long as its a double digit growth then it will be within the bank expectation. Plus the market sentiment from Eurozone and US is gonna be good. Europe Manufacturing Expands for First Time in Two Years and U.S. Stock-Index Futures Rise After Apple Beats Estimates. Tmrw definitely gonna fly high
as compared to other O&G counter such as alam last reported P&L of 93m whereas pantech reported P&L of 162m. Therefore pantech is definitely a undervalued stock atm
at the tail end of bull market go for the laggards not chasing overly owned or hot stocks they are plenty of sellers waiting all oil related stocks are overly owned & all of them have peak and on down trend buy only latter , sell now if you have profited
I think Pantech will rise today, 1.BN won Kuala Besut --increased majority, 2.Pantech still undervalued P/E:<10.8, average O&G stocks:15->20, 3.dividend will be given on 4th september and 8th october and still need time to hold the stock 4.It still reported profit , not loss(even lower than expected). 5.DJIA only lost 0.16%-not significant and its at almost all time high. Going in for PANTECH, hope u guys sell, so we can get lower price :)
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....
usry
1,202 posts
Posted by usry > 2013-07-24 20:04 | Report Abuse
Two time of dividen payment..1st on september. 2nd payment on october..
Look like need to consider for medium term investment.