78.50 is dirty cheap price. So sad I am lack of money to top up. Too many fund stuck at other counter d. The 1st half year is very good, 6 figure gain. Then 2nd half year is doing like a shit, 6 figure loss. Haih...
In order to avoid 2% tax on dividend income, PPHB directors might decide to declare a dividend payable before year end. PPHB do have a lot of cash to pay a dividend.
Decent 3Q2024 results but no special dividend announced. You would think small family controlled companies would dividend out surplus cash in 2024 to avoid the 2% dividend tax that may come in next year. Exactly what Lysaght did and coupled with good results, turbocharged its share price.
1) if pay dividend yearly , NTA goes up slowly 2) if don't pay dividend , NTA goes up faster . if market price doesnt go up , good opportunity to "privatize it cheaply" with unfair but reasonable recommendation from third party research house.
topped up a few more PPHB at 0.815 (morning session, 26 december 2024)
@ocbc sorry but disagree. I would love privatization offers, just earned whatever I can earn here with the offer and move on with other counter. no point to stick to 1 counter if we are not major shareholder afterall. we are only here to earn fast money
afterall I am here (and also for all of my current, previous and future holdings) mainly for anticipating possible privatization offers. imo privatizations if the easiest way to earn money in stock investment. so easy that we don't have to predict the peak. just bought into the correct undervalue stock and wait for it to happen
I really don't get why some people are against privatization offers. stock price appreciation in stock market usually take longer time to earn profit and many flip flop up and down in between. privatization is always the best, my best memory in stock investment current is my only hitted privatization offer in mmccorp
@SincereStock : Privatization is ok only if the offer price is above book value. Not below book value bcu when they IPO , they value above book value , take your $$ to grow the business !
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....
ocbc
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Posted by ocbc > 2024-09-25 15:29 | Report Abuse
Please sell more so those insiders can collect slowly : )