Congrats to whose who bought around 0.55 3 weeks ago, if sell now at 0.64, capital gain is almost 16%, better than waiting for 0.05 dividend, then after ex, price adjusted to lower can re-enter again
Don't forget, after ex-date, price will be adjusted lower, so you need to net off your dividend against the adjusted lower price, to see any REAL gain. - purely from dividend angle
But if the prospects is good, then go for longer term and wait for RM1 . @Patrick13 Agree. This is my first time that particular stock dividend yield >10%, much better than FD rate & inflation.
@pharker, depending on what you want...no right or wrong...like GENM, GENTING, people sold off before or after DEVIDENDs, and the share price shot up hugher, and the share prive never look back to PreSell level...
There is no right or wrong... For me, i stick on it...and enjoy my dividend...and anticipating patiently for it to rise up to its IPO level...I worry may miss the boat, not evertime I can sell on high, buy on low, and sell on high...Share market unpredictable...
the company announced a good special dividend of 5% to be distributed to shareholders by 23 of July. the company made 65 M during the 1st half year with its NTA increased to 1.25 which now exceeds the IPO price of 1.20. Smart investors normally try to press down the selling price first and then they buy in the shares slowly without your notice, some panic sellers follow their foot step to sell their shares at loss, the poor investors will become the prey of these smart investors, other then they buy the good share at cheaper price, they also enjoy the 5% of special dividend to be paid in July, it is less than one month time and to receive 7.8 % of dividend yield which is much better than bank interest rate. I can't understand of why, some investors are selling their shares now after the good news are announced. The company is currently doing well in Australia and UK. Buy the shares and hold the shares for medium term, you don't loss if you buy them now for investment.
@hcthey, thas what i feel also, cannot imagine firm retailers sold it at this stage, pending for X-date...
i guess some big players selling now to create panic to retailers to sell at loss, before soon buying back before X-date, to catch the fat dividend...
Am not 100% sure, but it will be very weird sell down pressure continue much more, and these people just wanted to make that small profits and chao before fat dividen out... thats to me very weird...
So I keep and wait... We will see...
Diclaimer: sharing own thoughts and opinion, not a buy call or sell call...
retailer sell due to one very simple reason, the prospect not as good as compare to ecoworld, ecoworld achieve high future revenue as EWINT still struggle to catch up sales target. Therefore retailer might sell EWINT and swap to Ecoworld.
But most of them don't read QR report in details.
1) EWINT Net debt after deduct cash in hand = 399mil (lowest since IPO), which means good dividend payout can be expected in coming QR. As compare Ecoworld net debt after deduct cash = 2.5bil.
2) EWINT will continue to complete and delivered property launched in the past few years, in UK there will be few blocks going to deliver in coming QR (2021). So more profit recognition in coming QR will happen.
3) EWINT JV value (investment in JV + Amount due from JV) is at highest level = 3bil. What does it mean? Potential repatriation of $$ from JV is high. Imagine from now on every QR get back 60mil from JV, it will be enough to give 2.5sen back to shareholder every QR. Imagine 3bil/60mil= enough for 50QR dividend continuously.
Currently the market is definately unpredictable, hold on to this strong fundamental good stock & should reward with good returns in near future once there is market recovery. In the worst case scenario, the solid fundamental backing is there. On the other hand, if the investors having poor fundamental stocks with a few cents nta trading at 10 to 20 times multiple valuation, then the investors would have sleepless nights in current turbulent market .
no la, many ppl switch from EWINT to ECOWRL because of the prospect. ECOWRL show better sales target achieve but EWINT still slow. anyhow i will keep this share for longer term.
Reason because i buy at much lower price compare to IPO price RM1.20. better dividend payout due to lower debt level (as compare to ECOWRL).
both EWINT & ECOWRL share the same management team, as ECOWRL price go up, EWINT will follow too... let see it really happen.
good lor...got people press means opportunity to collect. Question is how low can it press? any price below 0.5 will be very good price to enter. don't miss the boat.
yah, im holding alot...hahahaha...not sure how much it kena press down lagi. if want to press...make sure really go low enough, i will use all divd money to top up more....hope this is correct move...
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....
pharker
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Posted by pharker > 2021-06-25 10:46 | Report Abuse
Congrats to whose who bought around 0.55 3 weeks ago, if sell now at 0.64, capital gain is almost 16%, better than waiting for 0.05 dividend, then after ex, price adjusted to lower can re-enter again