Hongleong has been paring down its stake. From majority to now less than 5%. I don't see any reasons for them to keep the share anymore . Doesn't mean anything to them. Even when it goes up to rm1, the impact to hong long group is minimal. I suspect someone is mopping up the shares from them. Probably buma bina sdn bhd proxies
A generous dividend after so many years without any dividend make it attractive. Will benefit from more investment coming into our PM state.A sleeping counter is finally waking up!
my remiser always tell me, dont because you pity of the brokerage fee then you lose something which will regretted you for years. If you buy RM2000 it cost you only RM15 right? then from RM2000 you can always earn back RM500 or even RM1000....
uma is the sign to investor that share price still moving up!without speculation ,klse daily traded volume will fall below 1 billion.the presence traded daily volume is one of the lowest in south east asia.so many previous received uma counters are still staying at good price today ;counter like dsonic,smrt .and so on.so if the nta or profit is strong enough to match the rising price ,not to worry too much.if they start to issue destinate order to every high volume traded counter without very good reason and eventually will affect the whole market performance.the market then will collapse and company got no way to raise fund for expansion.Do the klse council have the money to pay the price?what do you think? anyhow buy and sell at your own risk.
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....
acevent
167 posts
Posted by acevent > 2014-06-09 19:23 | Report Abuse
Kakijudi... you are so confidence hong leong is selling? If yes, why they are selling instead of keeping? anyhow i am glad to see it fly too.....