U.S. Bank Stocks Surge Toward Best Year Since 1997 on Fed Shift By Matt Turner Updated on 28 September 2021, 05:17 GMT+9 Sooner rate hikes would be a boost to banks’ lending revenue Rally extends Monday, driving index to 37% gain this year
Hi i noticed the major shareholder, Tan Sri Azman been buying since pandemic last year i.e. refer https://klse.i3investor.com/servlets/stk/annchsh/9296.jsp However his shareholding been reduced to 53.59% vs ~60% last year. How is this possible? Can help shed some lights? thanks
20-Sep-2021 195,359,784 (53.59%) TAN SRI AZMAN HASHIM / Cempaka Empayar S/B 20-Mar-2020 209,581,584 (59.45%) TAN SRI AZMAN HASHIM / Cempaka Empayar S/B
I can see RCE become as expensive as TNB if they continue to do well. Will add more position soon, still cheap thou. Hidden gem to buy before more ppl realise this company.
Another steady quarter. The result is within expectation (though the share dividend and bonus issue are not). Although operating income and profit before tax are the lowest in the last five quarters, the management has explained the impact due to FMCO that started in 1 Jun. Asset quality remains solid.
Looking back at my own comments in Jun, I’ve underestimated how much further the valuation could go. While I thought the share price was no longer cheap then, it went up another 30% in the span of 5 months. @kywoo was right and I was wrong.
However, while I believe in the management; the company strength and asset quality; its steady increase in dividend payout; I’m still concerned that earning growth since 2QFY21 has not kept up with the remarkable share price growth. In fact the gross financing has reduced slightly to RM1,852 million. It remains to be seen whether the company could resume its growth in coming quarters.
As such I will not add, and in fact may contemplate taking some profit if the share dividend and bonus issue result in a euphoria.
I thought love was only true in fairy tales Meant for someone else, but not for me Love was out to get me That's the way it seemed Disappointment haunted all my dreams
Then I saw RCECAP'S face, now I'm a believer Not a trace, of doubt in my mind I'm in love, I'm a believer I couldn't leave RCECAP if I tried
@kclow Pe of 20 to 30 sounds ok to unker sifu. Lets hope the do get the license but if not still fine. My estimate is RM10 by end 2022 but now i think by end june 2022 will be RM10. Dont do too much reseach ok. Just buy n hold.or the stock price will go up before u can buy .lol..
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....
Iseeyoubuy
35 posts
Posted by Iseeyoubuy > 2021-09-24 10:36 | Report Abuse
Hidden gem on Bursa, buying more