Dividend stock no declaring dividend means no performing.

If portfolio balancing is important you should seriously consider buy good stock. I prefer Poh Kong due to high inventory and expected its best ever QR. Around 2/3 weeks, Tomei QR should be out and great result is expected and result in higher share price for both Tomei and Poh KOng. Gold hedge against uncertainty esp wars, inflation and devaluation in currency.
Definitely, I am keep holding YTLP stock.
Cresndo is also a great stock as well esp the GOOI family is famous in sharing profit. Just look at "Kimloong" i.e. high dividend payout, free warrant and free bonus share, proven record from year of 2005 until now.

Hi cherasman, "buy the rumour and sell the fact". It seems to be correct but you can't earn decent money from great stocks like YTL/YTLP.
Anyway, I am still waiting for the best QR. Moreover, if the wars in Urkraine and Middle east is becoming worse, gold stock like Poh Kong can hedge against uncertainty. Portfolio balancing is important for me.

Next financial QR, Poh Kong should has a record-breaking profit. Tomei QR will release first, around 3 more weeks. the result will be fantastic bcs the gold price is above USD2000 per ounce. Due to this, I believe the Poh Kong share price will increase significantly too. Now gold price is USD2331 per ounce.

Those acted like experts keep on asking YTLP small shareholders to sell as soon as possible previously should apologize openly here bcs many small weak shareholders were convinced by "you", the so called experts" and sold even loss some hard earned money. "Experts" like rr88, the hard earned money were cheated by your bad hard effort.

Cresndo 3.77

Cresndo is still on uptrend state. Just observed before dividend payout of 18cent, the price was RM3.51 on 23Apr. On dividend payout day, 24Apr the share price was RM3.61. After dividend payout, on 25Apr, the price went up RM3.88 with high volume of 1.426Million share. If got big players really want to dump this stock, it wouldn't close at RM3.88 instead should close below RM3.61 on 25Apr. On 26APR, share price dropped to RM3.77 with volume @ 564K which is only 39.6% of 1.426Million. As such, this stock is under healthy correction or washing out those weak holder. If it drops below RM3.61, it is possible the bankers want to move to another counter.

Both YTL & YTLP believers are very happy today. Mr Dragon plays the most important role to bring many people/small share holders to win in Malaysia stock market without charging any fees.

Just now dropped to RM3.70 which is good price for buying. Yet, too late to grab it.

@ ks55

Hope your recommended Paramount stock can perform next week.




ks55

The most is 4 more trading days before Paramount declare its final dividend, expecting it to be 3.5 sen to 4.5 sen.

Q1 FY 25 ending 31 Mac to be announced by end of May, forecast to be not less than 6 sen per share. Annualised profit for FY 2025 to be around 25 sen per share.

Ground work is now ready for Paramount to shoot to the moon. Today lowest 1.06 is only done 800 shares, majority is done at 1.07 (1.64 million shares). You should see substantial price movement tomorrow or by Friday.

YTLP in comparison with YTL, YTLP power is just starting the engine which means that YTLP got more room to go up further.

Will stay above RM4.20.

Got rumour said JB will open a legal casino. If happen, JB land price will be increased even higher.

Malaysia mulls over plans for casino in Forest City as part of Johor-S’pore Special Economic Zone.

https://www.straitstimes.com/asia/se-asia/malaysia-mulls-over-casino-as-part-of-special-economic-zone-plans-to-boost-forest-city

According to the info, total sold industrial land was RM675 million. Still got around RM350++ milllion land to be sold at this same area.

If scare about wars, pls buy gold now. If want to buy gold stock, I recommend POH KONG. I recently bought @ RM1.06 & RM1.00.
One fellow here even mentioned the Nuclear war, then holding gold is not the solution BCS WORLD war 3 is happening. Most people will die. But, I don't believe in nuclear war will happen this year, next year but will happen in certain year later.



Goldberg

First disposal - RM 117 million

2nd disposal - RM 111 million

3rd disposal - RM 315 million

4th disposal - RM 132 million

TOTAL SALES of Land------- RM675 million.

Bought Poh Kong @ RM1.00. Next financial QR, the result will be best ever.

Higher and higher US national debt and de-dollarization support the gold price. Poh Kong share price is now undervalued. Next financial QR, Poh Kong should has a record-breaking profit.

Anyway, uncertainty in middle east and Urkraine war support the gold price.

As the probability of escalation war between Iran & Israel is becoming lower, the gold price will drop. Also the improvement in employment and higher inflation that causing the delay in interest cutting in US also bring pressure to the gold price.

Justin Tan

Hi Invest_888, gohkimhock I would like to ask why Poh Kong suddenly drop today ?

Bright future for this Cresndo as the director bought a lot of Cresndo share recently. Much higher chance to get another decent dividends this year.

Property business should be improved as the customer payment is according to the progress of the construction of the property. Now, the project is still under construction. Anyway, LBalum major business is still in Aluminum.

Average January 2024 gold price was USD2050 per ounce only. At this time Pong Kong make very high profit margin. Now the gold price is USD2300. As long as the gold price above USD2000, Poh Kong profit is promising great.

Showing power

Bought Pohkong @ RM1.06

Lbalum still go much space to go up. Lags behind Pmetal price increment.

Due to lower probability the war will be escalated between the Iran and Israel, property stock will recover esp Cresndo. Expect to go up next Monday and Tuesday. Next Wednesday 18 cent dividend payout.

Alamak!! Cresndo dropped a lot , 20 cents but YTLP still managed to gain 3 cent today. Yet, Cresndo is still a great company as YTLP. Both are great companies with different business. Actually, unfair to compare these both companies due to not apple to apple. It is apple to orange lah.

LBALUM is an Aluminum company not the steel company. Aluminum companies, all benefit from high aluminum price due to high demand and lesser supply. Steel supply is more than the demand, so the steel price drops.

USD2395 per ounce, Poh Kong profit margin is extremely high. Best financial QR is expected.

Aluminum price per tonne is USD 2639.00 up USD 22. Average aluminium price from NOV2023-JAN2024(Latest QR of LBALUM) was around USD2230 per tonne. Expected good QR is coming.

Great movement.

LBALUM is just waking up a bit

The 3 brother directors are efficient that buying a lot of JB lands and make more than RM400 Million per year but never share the dividends with minority shareholder(ikan bilis) since year 2015. Hope got good news that the directors will pay the dividend to the ikan bilis. My brother bought it in 2015 and keep until now. Hope no more keep in view, KIV for the dividend.

Has to admit that both YTLP & Cresndo are good and tested stocks. Need not to fight. Both are resilient against the recent small stock crash. Many stocks are still suffering.

Tomei performs well, already up 6 cent in this morning. It is your turn Poh Kong which got better earning power, EPS than Tomei EPS in latest QR.

Many stocks can't perform but YTLP remain resilient.

Poh kong Sells 916 & 999 gold

At USD2370 per ounce, Poh Kong profit margin is extremely high.

smartepf

Poh kong Sell 316 RM395
999 RM410

Aluminum counters got chance due to increasing high demand construction and electric car. Recent QR both revenue and profit performing well. Also, LBALUM golden cross appeared and aluminum price goes up steadily recently. I think got chance to go up further.

Yes, obviously more chinese buy gold in both Poh KOng & Tomei recently. Last time, they seem like not so interested in buying gold.

Israel bombed Iran embassy in Syria resulted in killing some Iran senior officers last week. Market expected a escalated war between these 2 countries and bring more disaster. The increasing geopolitical risk in Middle East pushed up the gold price. Until last Friday night, no Iran retaliation and much lower chance in reducing interest rate in US, the gold price dropped from peak of USD2430 to USD2343. It seems geopolitical risk has become better.
Yet, it is a calm before the storm. Iran has launched missiles and drone attacks against Israel last Saturday night.
Due to this, I believe the gold prices will not drop but instead will going up from USD2343 per ounce on next Monday. Peace is the best for the mankind. Gold can hedge against inflation, geopolitical risk, etc.
For your info, Pohkong can make good profit even at USD2000 per ounce.

Dear Mr Dragon328:

Hope you can contact the 3 Khoo brother directors and convince them. If they agreed it, RM7 was achievable.

dragon328

Yes there are so many potential corporate exercises that KSL may do to enhance shareholders' values:

1) bonus issues to enlarge share cap base and to increase liquidity
2) private placements to institutional funds to raise cash for future expansion and to increase free floats
3) to issue 5-year warrants like one free warrant for every 2 mother shares held to progressively raise more money over next 5 years and to increase share cap base
4) to inject the hotels and shopping malls into a REIT which may raise easily RM800 million cash to KSL (i.e. PBT of RM120m in 2023 from commercial assets or operating cashflows of over RM130m a year, at 7% yield, the REIT would be worth RM1.86 billion)

5) declare dividends from 2024 onwards, as it has completed all major capex programmes (Klang Explanade Mall & hotels) and strong operating cashflows would enable dividend payouts of easily 30% or 12 sen a year

@Dragon328

After recomendating and actively promoting more than 400% growth stock of YTLP & YTL, I think you might repeat the history on the KSL.

dragon328

Yes there are so many potential corporate exercises that KSL may do to enhance shareholders' values:

1) bonus issues to enlarge share cap base and to increase liquidity
2) private placements to institutional funds to raise cash for future expansion and to increase free floats
3) to issue 5-year warrants like one free warrant for every 2 mother shares held to progressively raise more money over next 5 years and to increase share cap base
4) to inject the hotels and shopping malls into a REIT which may raise easily RM800 million cash to KSL (i.e. PBT of RM120m in 2023 from commercial assets or operating cashflows of over RM130m a year, at 7% yield, the REIT would be worth RM1.86 billion)

5) declare dividends from 2024 onwards, as it has completed all major capex programmes (Klang Explanade Mall & hotels) and strong operating cashflows would enable dividend payouts of easily 30% or 12 sen a year

Nice moving up today.

WOW!!! Gold is USD2392 per ounce even the US inflation is slightly up 0.1%. Escalation in war, massive money printing and dedollarization take charge now.

KSL starts to move up again.

If KSL directors pay 30% profits as dividend to share holders, the KSL price can easily go up to RM3.00, and go further even more later. KSL is the best earning property developer in Malaysia.

Gold is USD2355 per ounce NOW.

Malaysians pawning their gold possessions for quick cash, at the same time other Malaysian are still buying gold.

Despite the sky-high gold prices, Malaysians continue to buy the precious metal. Heritage Jewellers Sdn Bhd salesman N Murugan said people continue to purchase 916 gold jewellery, with no significant increase or decrease in the number of buyers.

“People usually purchase it for weddings, sometimes as much as three to five pounds of gold. The price for 916 gold could even surge up to RM500 per gram in the days to come,” he told FMT Business.

Jewellery in Malaysia is typically made from 916 gold, comprising 91.6% pure gold and 8.4% other metals. 916 gold traded at RM373 per gram yesterday afternoon.

Meanwhile, home-baker Janice Sillas, 39, lamented over the hike in gold prices as she wanted to purchase gold for her upcoming wedding.

“I have no choice but to buy gold at the current high price. If it keeps increasing, then we can’t purchase gold jewellery in the days to come.

https://www.freemalaysiatoday.com/category/highlight/2024/04/09/more-malaysians-pawning-jewellery-as-gold-hits-new-highs/

Gold inventory was RM858million according to latest quarterly(NOV2023-JAN2024) report. At RM1.13, PohKong market capital is now only RM464million.

But, the inventory should be calculated on 31Jan2024 with value RM848million, gold price was USD2039 per ounce. Now the gold price was USD2342, the inventory should be around (2342/2039) x 858mn= RM985.5 million.
Current inventory is around RM985.5 million.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227576&name=EA_FR_ATTACHMENTS

Massive money printing(either paper money or bond), high inflation and escalated wars contribute to the gold price going up steadily. PohKong at RM1.13 is absolutely at very low price.

Gold inventory was RM858million according to latest quarterly(NOV2023-JAN2024) report. At RM1.13, PohKong market capital is now only RM464million.

But, the inventory should be calculated on 31Jan2024 with value RM848million, gold price was USD2039 per ounce. Now the gold price was USD2342, the inventory should be around (2342/2039) x 858mn= RM985.5 million.
Current inventory is around RM985.5 million.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227576&name=EA_FR_ATTACHMENTS

Massive money printing(either paper money or bond), high inflation and escalated wars contribute to the gold price going up steadily. PohKong at RM1.13 is absolutely at very low price.

YTLP keeps on moving up.