Before the dividend announcement, this forum only has 3-5 comments every week. After the 85 cent dividend, everyone, uncle and auntie from Facebook came to comment here. Simple, because they missed out.
That type of people is just like up afraid of fox, down also afraid of tiger, best keep in Bank or no bullets already. Of course there must be loser depends on your entry point and targets of operator.
In my view, I think FAVCO is a good company with solid business. I was a shareholder. However, after 85 sen is distributed, it will effectively become a company which is without surplus cash (after balance cash is netted against borrowings). However, given its track record of past performance, it should not have problem obtaining financing from banks. Would like to hear from anyone with a different view. Please enlighten. TQ.
Since tomorrow is ex-date for dividen, tomorrow price should open low -RM0.85, OPEN price should at rm2.41 if refer to current price rm3.26. Correct me if im wrong
Hi hi, cannot trap me, i already know before ex date and sold before ex date as the chart with flat top depicts operator not going to push (as i entered second time at above rm3.20) and also afraid majority shareholders would sell and let you no chance to escape since Muhibbah need fund (opinion).
based on my past experience, when a common owner move money from company X to company Y, means he is shifting attention from X to Y. The smart move is Sell X swap to Buy Y.
Posted by snowball2000 > 3 hours ago | Report Abuse
When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!! ________ Fake account like serb also not a big deal , what more u want expect our sleeping beauty !
Like cantonese people always says " where got such huge toad waiting for catching on the street " ?? Use your brain to think twice before staying in VIP room permanently !
QR is better than my expectation... However, cash position turned from +182mil to -37mil. Interest income will go down while interest expense is expected to rise...
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....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2022-05-10 12:25 | Report Abuse
Where were they before the dividend announcements?