ya expected, they spread out the dividend in 5 years, 2013-2017, you all must keep 5 years in order to get 0.32 dividend, all the company will do that, if give you all in lum sum, then the share price will drop until bottom after exdate...
Why the grandiose arrangement of kl hilton to announce 8 sen? There s more than meets the eye. Watch this space!!! Being a press editor myself. ..I found it amusing.
It seems that market fear prevails. IMHO, this stock is on a triple time frame up-trend with 10.5 sen dividend (2.5 sen next week + 8 sen in Oct). That translates to 5.67% profit at current price of RM1.85 or 7% if you entered at RM1.50. Wonder why people want to forgo this profit which is already in the pocket and sell down. Fear?
Possible but unlikely. IMHO (really humble opinion - no facts to support so take with pinch of salt), the directors would have absorbed all the punters who bought stocks below 1 and sold for a profit at 1+ unless they know this piece of good news is coming. Contra players should have exited as well yesterday due to panic sell down (or maybe not).
Well selling down creates panic, maybe for those who wants to take profit, can consider queueing? Looking at the trend, buyers are still coming in.
some is thier company strategic to overtake the full power of company, some is slowly but as long as no dispose share...is consider good means it is a good stock. haha I still believe this share can go up to rm2++
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derrickinvestor
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Posted by derrickinvestor > 2013-08-20 15:46 | Report Abuse
can the son go down further?