Agreed. With the new plant operational, output would increase. With the market slowly recovering, so will revenue. A clear sign of good things to come. Enjoy the dividends which is better than bank FD folks :)
1.10 still very cheap because minimum 5 - 6 sen div per year , sometime got special dividen also if new factory start running ! Keep for retirement sleep nicely !
if it is so, I believe most probably F&N will absorb his stake because F&N sure doesn't want controlling interest of this co fall to an inexpericenced/untrusted person/co..
It is an old man stock, I collect it for dividend.
Recent good news is that they try to expand current production to about 30%. Let say pre expansion bottom price is RM 0.85 *1.3 =RM 1.10 should be the bottom price at the moment..
i believe its not the time yet, probably 2HY. The members here merely are sharing how much is the yield only. No worries bro, invest now, its better than bank FD :)
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2944 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Skylight8
146 posts
Posted by Skylight8 > 2021-12-10 09:21 | Report Abuse
grab before news out .... hmm