10sens dividends pending AGM approve coz its closing of FY. it wont payout that fast, correct me if I am wrong. anyway, still a good qtr results, improved QoQ and YoY basis, coupled with around 8% div proposed, hope will start the uptrend engine.
from past div history, payout is usually in Dec. till then, lets hope the volume start coming in, but those who bought in around 1.10+ could probably aim to lock profit. I reckon the uptrend will take few small waves
Angielim9955, dividend declared but long way to payout, people still got many time to play around other counters first b4 they come back in time to claim the dividend. besides that many entered around RM1.10+ probably wanna lock-in profit. slow and steady la
in the near short term can challenge RM1.70 zone if the momentum and buying interest is there. the 10cents dividends acts as a cushion also. anyway, I locked profit at RM1.49 psychological mark. all the best to those who are staying on :)
Jackson Yuen, share the same feeling as you, using a conservative PER of 10, the fair value at the moment is around RM1.50+. anything higher will need volume from operators to push it higher. nevertheless the chart looks interesting and bullish uptrend.
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Posted by vxpoison > 2016-07-14 18:22 | Report Abuse
waking up again........... Get ready!