Don read so much into EPF movement. Nowadays, EPF investment is not looking long-term only but also contra a lot. EPF is setting bad example. They move in quickly on counters with dividend announcement, and move out juz before ex date and juz after ex date.
Matrix boss said in 3 years time Matrix will be top 10 market value property company in bursa , which means the share price at least 50% upside.... Matrix, see u at RM 4.
Their main development of Bdr Sri Sendayan is so close to the HSR and MVV, sure for the nx few years will in good shapre. can keep for mid term. I went to that area, so well plan township and biggest clubhouse in Malaysia is there...
EPF disposed all and the share price still solid, strong! And I believe EPF will come back to buy it at higher price, push another 30 cents up again...
"No of securities disposed 28,826,533 Circumstances by reason of which a person ceases to be a substantial shareholder DISPOSAL AND ACQUISITION OF SHARES AS DESCRIBED BELOW:-
Matrix is consistently distributing out dividends, and relatively great in public relation with investors, while KSL lacks of this two factors, eventhough KSL margin is marginally higher than Matrix. Matrix is a safer bet but KSL might jump exponentially in long term. I use the word 'might jump'.
Watch the upswing now. Right now it oversold and gaining momentum upwards. From what that can be sourced from the Net, one can see that this is a very considerate developer who has a track record of consistent dividends. One should also take heart in the fact that it is big in Negri Sembilan and Southern Selangor/K;lang Valley. From the little I know, the major townships like Seremban and Seremban 2 are nearing full development with spillover effects expected towards neighbouring smaller towns. Just find out what its landbanks are, how much they are worth, and when development is expected, then you will know how much you are expecting from Matrix.
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....
kcwong
229 posts
Posted by kcwong > 2017-05-26 08:38 | Report Abuse
this 2 weeks before Dividend Ex date still in good move I guess...