Hi Sam. If you buy on ex-date, you will not get dividend. If you sell on ex-date, you will. In this case, Kenanga's ex-dividend date is 30/3. If you bought on 29/3 (or before) and sold on 30/3, you will still receive the dividend.
Next support at 1.14. Great time to accumulate this quality stock. When the hype riding retailers are gone, only serious investors will stay for long term. Digital banking or not, this stock has a good future outlook especially during the recovery of economy.
why doesn't the share price move up after the dividend?? have you done enough research about this counter?? wallstreetrookie, you have a high value of TSH so i think you can do more research for this counter for the price seems stagnant??
I'm also hoping that Sabah & Sarawak will get at least 1 digital banking license as EM is really underserved. But if BNM is going all out just for potential profit, then the obvious choices would be the ones people are singing the loudest about (RHB-AXIATA, YTL-SEAGROUP, AEON Group, Razer). These fellas will only go for the techsavvy city dwellers and in the end the underserved will continue to be neglected.
This counter seems to be constantly buying back its own shares despite the price keeping going down further. Are they trying to support their share price with their cash hoard despite knowing that their share price keeps dropping on? Would be better if they let the price drop till a support is reached or so before employing the buybacks.
Company buys back shares have different priority compared to investors. If they were to let their share price slide to whatever bottom, it would look bad on them, so buying back the shares and maintaining the price provides assurances to investors that the company has confidence in their valuation.
@software guy, how was the performance for the 1H, seems the price has been dropping since the ex-dividend was declared. will it rebound back above RM1 again? every counter i bought has been dropping badly.
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