Dividen ok but not for capital gains hunters ! Keep 10 years for dividen or choose other fsst capital gains stocks depends on u ! Buyers maybe are all from the youtuber students ! If below 90 sens only consider !
In the past annual reports, the director shareholding section shows that Chairman Ng holds zero share in the company (refer page 131 of 2021 Annual Report). Rightfully the disclosure should have extended to his immediate family.
Madam Tan Geok Lan was actually the no. 16 shareholder as of 31 Dec 2021 (refer page 132). In fact her name has been on the top 30 shareholding list since as far back as 2011.
Company that producing - around RM 160 million worth of revenue - churning out around RM 40 million of profit - among that, literally all the profit is in Free Cash Flow - little to minimal Capex is required - growth story : JV with Trelleborg + factory 3 kick in (+70% of production)
Selling at a price of RM 622 million
____________________ I bought this stock since 2016 , still waiting for the damn growth ... 万事具备，只欠东风.... (Everything is ready, just waiting for the chance)
Wellcall兄, 你的成长在哪里呢 .... (Where are your growth, bro WELLCAL)
Go up so little only... but recently food related industry is doing good. Food Discharge Hose is having high demand (spare and minor expand) to speed up food supplies due to Russia and Ukraine issues still unsolved.
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....