Don't get too excited about the announcement. The announcement is pertaining the contract award for Armada Sterling. Pls note that AS is currently under optional yearly charter extension. They are replacing the optional annual extensions with a 10 year long term charter. Which means no additional revenue coming in with this announcement. The good news is good earning visibility for another 10 years. Overall good news.
30 sen pun belum sampai, 80 sen keep dreaming la unless they start paying 1 sen dividend per quarter. In Malaysia any company that stop paying or don't pay dividend the stock price sure drop until mother also cannot recognize. There is no such thing as "don't pay dividend but stock price is undervalue", only after you pay consistent dividend then the stock price can go up and maintain at a fair value.
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....
strattegist
23,459 posts
Posted by strattegist > 2020-09-24 09:26 |
Post removed.Why?