RM8.50? Wow. I don't what you are smoking but you are a good comedian.

Hi TreeTop. I suspect it will be at least same as last interim of 22 sen. But likely to be higher due to the need to do national service as most shareholders are financially stressed and also div bar set so high by Bursa at 24 sen. Cannot be seen as lower than Bursa's.

No windfall tax but will need to declare big div. Govt agencies like EPF need the money.

Yes, the div trap argument is totally valid but it also depends on your cost and if the company can continue to consistently pay high div. At 9.67 and a div yield of more than 8%, I don't think the trap works anymore. Happy and savvy investing. Cheers.

I hope so. The cheaper the better. Solid blue chip.

Here's hoping for an improving Q3 and an outstanding Q4 then we will be home free.

Guys, have a glance at Tenaga and Petgas too which are currently trading at reasonable price before their coming Q2 and div announcement. I suspect with Bursa setting the dividend bar so high, they are likely to follow giving their yield at way above 8%. They can well afford it judging fr their improved revenue and profit in Q1.

Good things must share with fellow mankind.

If this is the high div trend that is going to be set by Bursa, can we expect the same to be declared by other blue chips such as Tenaga, Petgas, etc? Like I said earlier, need to do national service as govt needs money. And only the GLCs has the money now.

Yes, the higher div is a pleasant surprise. If final and special div can at least be maintained at 34 sen, it will give a yield of 7.7% at current price of RM7.53. That is fantastic.

Excellent choice Jack. Cannot guarantee it will not go under water in the short term but long term you will be very very fine. Like guru Buffett said: the best time to buy is when you have the money and the best time to sell is never. Caveat though: only applies to quality shares at reasonable price. Keep adding whenever possible or necessary. A good thing is never enough.

Wow, you guys must be straight As students. Me just did some lazy and elementary homework and found out that fellow listed exchanges like SGX, HKSE and ASX have much lower div yield at less than 3%. Just to share and try to bring some value to the table. Shy Shy.

You guys are so so smart. Me....just happy it's a very safe stock and if div yield is much better than bank's FD. Although like you all said, past performance does not guarantee future achievement, believe div yield will always be above 5% at current price. Of course lower the price the better for yield. Mkt will always be in a flux and super volumes will return. Don't read or predict too much the numbers. Buy gradually and consistently. Sorry for being too simplistic. Happy and savvy investing.

I hope so too but fat hopes.

Waiting is the worst thing isn't it? All the above scenarios can be true. No rocket science. But market is a strange forward looking animal. It often does not behave as expected. Notwithstanding, hope there will be best buys for everybody at below RM7.00. Happy and savvy investing. Cheers.

Totally agree. That's how you buy low sell high and that's how the game is played. Piece of cake.

Sweet spot Treetop. Actually investing in the Malaysia market can be an easy "basket" case. Meaning one doesn't have to be too smart or think so much and just put all eggs in one very very good basket which is reasonably priced, consistently high div, monopolistic or oligopolistic, cash business, debt free, good corporate governance and recession proof.

Bursa is one good example. Start at a relatively low entry price(like now), keep on buying gradually and consistently if it goes down further. Just hold forever (like what Buffett says) and live happily ever after. Collect yearly high div every year. Blissful.

No need to spread your bullets too thin by having a big portfolio which you may need to keep averaging. Investment 101.

Good morning Bgt and agree Treetop. You are so prudent your risk management is so high. Suspect you seldom ever lose money in the market. Happy investing.

Mkt vol today not bad. Almost RM3.5 bil. I sense more swallows are flying in Treetop. Be prepared.

Looking back is always easy. Confucius says everybody know where the switch is after the light is on. When it was RM9.60, most worry it will go much lower. It still may. Nobody knows. Trick is to buy gradually and don't look back.

Sure to have. Cast in stone. At least twice a year. Only question is the quantum.

A lot done at RM7.50 this morning. Nice. Error or forced selling. Best buys.

haha agree. but more swallows are coming.

Mkt vol today not bad. More than RM3.2 bil. Good income for Bursa. Gloves up, Bursa benefit. Good business to be in.

where have the big sellers disappeared to?

Stay far far away from dubious companies and person. Always do homework and focus on quality.

Think contrarian. If got reason, price already way up. Then you wonder whether got reason to still buy. Stocks or shares are just like properties. Buy and wait, not wait and buy. Some more got high div while waiting. Blissful.

where have the big sellers disappeared to?

Love the way you do your homework. Prudent and informed investing. Better than most who just blur blur buy. One word of caution though: don't over analyse. Hope you'll buy it near bottom. Agree, this is the stock to buy if you can only buy one. Monopoly, inelastic, high div, good corporate governance and recession proof.

Already priced in Treetop. But results will still be decent. Investors are looking if div will be at least same as previous interim of 17 sen. My hunch is it will as govt needs the money fr the GLCs. Need to do national service. Likewise for all other GLCs.

Good income for Bursa. High market vol today.

Market volume for yesterday and today is high. Almost RM4 bil. Good income for Bursa.

Don't believe analyst or research reports so much. They are also as blur as most people. Some may even have vested interest as they also want to buy cheap and therefore purposely put a lower target price.

Likely wise move. Quality at reasonable price.

Any which way or move, Bursa makes money. Monopoly. Unless govt says we open another exchange. Different story.

Can if the coming interim dividend is less than last year. Price will definitely plunge. Likewise for other blue chips Tenaga, Petgas, etc.

Very well said. Totally agree. Be cautious but also be a contrarian. Buy slowly and buy quality.

any counter or sector up or down, bull or bear market, Bursa makes money. Big div coming. High div yield at current price. Price gets cheaper, yield goes higher. Safest and recession proof stock.

Hopefully. A lot waiting to buy cheap. Super blue chip with high div yield.

Penny stocks scams are every stock mkt. Look no further than in so called developed mkts like HK and Spore where they also hog daily trading activities. There is only so much regulators can or know what to do. When one is a stock exchange but is also listed at the same time, always a dilemma between regulation and shareholders' return and also between over regulation and free mkt.

At the end of the day, just stay far far away fr such stocks and focus on quality. BUYERS BEWARE.

Gracias TreeTop for your compliment. Actually I can invest anywhere in the world but I like the Malaysian mkt bcos still got super blue chips with high div yield due to low pricing. So want to just test my investing skills here. Also like PGAS, PERSTIMA and PTARAS. As you can see, all fundamentally sound, cheap and high div yield.

Like your prudence in trying to buy as low as possible but don't bottom fish too low or try to time the mkt. May miss the boat. I learned fr Warren Buffett. All the best and cheers.

Don't just focus on the selling. There are also smart money quietly collecting. If you wait for daily transactions to surge, it will be too late to buy cheap.

Seems like a temp bottom has been reached. Reluctant to go below RM8.04 while waiting to see next result and dividend. For a perspective of the price, it was also around RM8.04 on 6/1/21 and shot up to around RM9.52 on 29/1/21. Went ex div of 34 sen on 19/2/21. Value buy now before coming interim div? Don't forget the extraordinary gain fr the CME sale 2 mths ago. Another big special div? Go figure.

Another year of high and special dividend for sure. 4 reasons:

1. Trading vol remained high
2. Monopolistic all cash business with little debts
3. Need very little capex
4. Govt needs the money

When infrastructure, construction and property make a comeback which is just a matter of time, this company will be the first first to benefit because of its reputation, trust and credibility. That time will be too late to buy already. Go figure.

Another big contract bagged in Singapore. Fantastic foresight to move their focus there. Rich, well managed, good corporate governance and bright prospect country unlike here.

Total lockdown is here again. If it's anything like last year, get ready for trading volume explosion where daily turnover was over 10 bil units. No Magnum, Toto, Damacai, Genting and less illegal gambling this will be the only casino open in town. Huat ah.

wow, value traded today is more than RM7.3 bil. going to report fantastic profit and div again this year. if total lockdown even better just like last year. only casino open and full time occupation is punting stocks. either way Bursa untung. whether is playing gloves, penny, healthcare or blue chips.

haha Ivan, singing the same song everytime. but I agree, it's a nice song.

not no div but not yet. last year was in Jul

Another stable and profitable qtr fr this well managed and prudent company in a very difficult industry and business condition due to the covid crisis. Congrats and thank you to the board, management and all staff for the good work. Keep it up and hope you will grow exponentially post pandemic.

Actual selling price much much higher than actually declared to hoodwink many parties??? Just like what has always been happening in the property market. No need to make general offer at a higher price. That's how the game is played. Regulators, are you still sleeping on high gaji buta??