It is stated as 1 cent higher than the last equivalent quarter. By current price, 1.44, 7 cent dividend is giving 4.86% return. The lower the price go, the higher the yield. Worth accumulating
Yes at least got one new project to launch/announce - Palm garden condo, to be built in front of the current Pearl Ave Garden condo. Demo units already available in Tambun's office.
This is developer with highest profit margins and ROE in Malaysia. Land purchased 2008. Now is just 2017, development expected to continue through 2022. Imagine how much higher the profit margins could get in 3 yrs time!
Yeah I mean I am keeping tabs on a few companies. 4 company are on my serious watchlist...I just need to wait for one or two of them to drop further. Or if Tambun is still around RM1.50 at year's end I could get it as the time horizon for it jumping in value closes.
All in all, I take into account the time horizon and short-term protection on the downside when I choose my investment targets. I feel I can hold out and wait for a better deal in one or both aspects, with regards to Tambun Indah.
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....
nich0las
2,787 posts
Posted by nich0las > 2017-04-13 18:06 | Report Abuse
Tambun going to pay div of 7sen per share?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5395665