Uchitec price is supported by its dividend. Expecting sustainable dividend of 18 to 19 sen annually and increases in future at single digit rate. This is a "bond share". We shouldn't expect Uchitec to grow as fast as semicon company because it is not one.
Some people like apple, some people prefer pineapple.. there is no right or wrong regarding your own preference or the fruit itself. Same as buying stock. If you think this stock is lousy, it doesn't mean to be the same for others.
For the past 5 years , this stock's net profit has a CAGR of around 10.5%. Adjusted price of 0.297 sen on 4th Jan 2016. How much is the price now? Of course the CAGR won't match that of semicon counter, but there is still some capital gain + dividend.
As for below comment, let's take a look at the price before ex date. on 29/12/2020 price was 2.64 before ex interim div on 28/6/2020 price was 3.13 before ex final div. The price for today's closing is 3.14.
The only risk now is whether Miti will approve their pioneer status application or not. Their pioneer status end on Dec 2022.
Sometimes, talks is easy, these type of misinformation is because people just want to buy cheap or talk using their arsehole.
Aduh!!! Cham liao lo, Support broke lo!!! All please sell like no tomorrow!!! Sell to Loger3210 and MYthenightmare, they will help to support at 2.5 to 2.6. All please sell to this good heart arsehole.
Aiyoyo!!! Want to help you buy cheap also you get angry ar. Me and my friends key in sell all at 2.5. Don't know why the system match at 3++, haiz!!! So we have to buy back all that we had sold and wait until it drop to 2,5 then will sell to you lo. Maybe you have to use your backdoor/backside to buy at 2.5 or use your areshole to think how to buy at 2.5 lo. Wakakakak!!!!
dropping below RM3 soon :D When market up, this stock drop/flat, when market drop, it definitely follow. This is a very bad sign whenever a stock always underperform compare to the index, sell before too late.
my semico stocks perform way better than this junk :D market was dropping for past few days but my semicon up so much, poor junk uchitec drop last few days n today drop even further. even underperform compare to klci :D
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....