I have to say it again only the declaration of an interim dividend can save this stock from further manipulation. It can easily pay 10 to 12 sen as interim dividend even if it does not make any money in the next 2 qtrs unless it is going to lose all what it earned or else the weak holders will be frightened off and it does not give the confidence to funds to buy now
the boss owns more than 75% and need to pull down the price to attract ppl to buy, means that after they have less than 60-75% the price will fly. i can see RM4.5 in year 2022 as chemical stock PE is around 10+ in history.
@Hui_k_c that depends on the size of your shareholding if you hold just a few thousand units you may as well hold for the dividend but if your share holding is sizeable you can consider trading some of you stocks like the operators do hehe
crude oil price is slowly receding in world market,as more supply of oil from higher production from producers;price moved from a high of 78usd ,drops to 68usd per barrel.The idea of threat or fear of high oil price that would significantly reduced company's profitability would now deminish. Investors may be can relax a bit.
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....
FreshMango
43 posts
Posted by FreshMango > 2021-08-01 23:28 | Report Abuse
Will break 1000M this year
https://imgur.com/3L3gtTL.jpg
Apa lagi mahu