Last year total divided payout was 0.101 for a rm0.90 counter at that time making it more than 10% dividend. This year already paid out divided rm0.2219 for ave of rm1.50 counter almost 15% dividend or more for those who hold on since last year. So if you are looking at short term gain for this counter you won't find it here. I'm predicting this counter to go up above rm2 next year. I predicted Supermax will go to rm3 by end of the year but everyone was so skeptical about it and today it's already above RM2.80 and still showing signs of strong movement upwards! Good counters need time to grow. Just be patience. This is a cash rich counter, and they already said if they don't have new plans to invest the money they got from the sales of some of their shares to the new investor they will give back to shareholders. I'm keeping my fingers cross for some bonus issues or another round of special dividend. Good luck everyone!
HI Kitty, it went as low as 1.26 and has been hovering around this price now and trying to break the barrier of rm1.41. If all barriers broken will reach again rm1.50, from there it's be up the company to announce in November whether any better outcome. So like another DIGI need to be patience and wait as it was hovering between 4.60 and 4.70 for so long too, today at last broke the 4.75 resistance level and closed at 4.80. Good luck to your decision.
short term losses make me to rethink my buying trend. Will go for mid to long terms counters from now. Look forward to learn from you more. Thanks alot.
Yes you are right there are many good counters most of them have made movement these last few days. You can track your favourite counters and look at the charts and follow the pricing, after a while you can get the hang of the pricing and movement to play short term with these favourite counters when they hit low you buy in and set a target to sell for short term. For instance, APM hit above rm6 before, so when it hit below 5.60, i bought in when they announced their dividend and special dividend. it hit a high of rm6 again and after ex-date now back down to 5.60++. So when you know the movement, you can ride the wave quite confidently with calculated risk. PHARMA another favourite counter also hit low and i managed to get some from my mom and within a week she made 0.55 on this counter. So if you have favourite counters study them and get them when the pricing is right. Good luck to you ;)
i have entered into this. Going to but duno when, thinking the US tapering might draw back the price a bit then i go in. stucked some $$ in cuspaci wa. Any views on this?
Two years ago show during the months of oct to nov very little movement because no dividend. But last year from Oct there was movement until end of the year due to dividends in Oct and Dec. So this year depending whether they will give another dividend in Oct if not can only see a big jump come december....my reading of chart is only to guide a forecasted look in the future it may not be 100% accurate. There is now a barrier of RM1.41 so it will be awhile to break this barrier, so if anything below 1.40 should be a good buy. Good luck to your decision ;)
EX-date 24/10/2013 Entitlement date 28/10/2013 Entitlement time 05:00:00 PM Entitlement subject Interim Dividend Entitlement description A single tier Fifth Interim Dividend of MYR0.015 per ordinary share of MYR0.50 each Period of interest payment to Financial Year End 30/09/2013
Dividend 2012 around 7.2% if based on current price and 2013 including special dividend is slightly more than 16%. If the company have no plans to further invest their capital...there might be a chance for a special dividend also next year...good to keep long term for dividend. Apart from this, the company is constantly buying back their share...
Don't worry lwalk by dec can reach back to above 1.80 with the next dividend then. no losses have confidence in what you have invested. expecting this counter to go over rm2 next year. so hang on tightly and enjoy the ride.
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....
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Posted by user > 2013-08-13 16:19 | Report Abuse
GOLDen age is over, now is PLATINUMen age......