Financial impact of the Letter of Demand on the Century Group
In the unlikely event that Nestle’s demand materializes, there will be no material financial impact on the Century Group.
I have a few friends doing different logistic company and their salary increment is 20%. If the company is that bad why do they give salary increment to their staff? be smart dont panic selling due to the selling sentiment.
I believe it is overdone. Look back its fundamental. Their dividend is attractive at > 8% Similar to Padini, selling is overdone on the GST impact. Padini yield is > 8% too
Don't worry. the company will announce its quarterly report at mid of the month, i.e. 15th to 21th of Aug. We expect it to declare additional "special dividend" of 2.5 sen from the disposal gain on property of RM9.2 mil, completed in Jun 2015. In addition to its 2 sen "normal interim dividend", we expect it to declare 4.5 sen this quarter.
Monday morning already down almost 1.5%..this is really bearish market for this week...oH noooo!! better preserve the money b4 anymore -ve news comes out to hit..look for quality company to buy now..
I was told the company will announce its quarterly results latest next week, expecting a good results with higher dividends up to 4.5 sens. A buy call toward 95 sens.
Consider the overall market outlook..its like shit now for nearly 3-4 month continuesly...mostly effect invester confident to invest, vollume might be lower and most of people will just play on short trade in morning and cut loss, evening after lunch all go tido already
think it will open high and go up few cents, but must fast fast take profit, judging from how EATECH performed today, even good results only sustained price for one hour
it might still on wave b, still have wave c, so don't be greedy
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....
MMCP
287 posts
Posted by MMCP > 2015-08-04 00:04 | Report Abuse
GOOD NEWS?