Posted by cherry88 > 2020-01-22 16:29 | Report Abuse
I agree with Davis. I attended the MNRB AGM too. The Board did mention (unofficially) to resume dividend payout of 50%. Assuming they can achieve 5sen per Q, or 20sen per year, then we can expect 10sen dividend or 9% yield. Not a bad beat
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CS Tan
4.9 / 5.0
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....
calvintaneng
56,760 posts
Posted by calvintaneng > 2020-01-20 21:12 | Report Abuse
Happy New Year from Calvin Tan
Just a reminder
Mnrb has resumed a small dividend for now. I still cannot fathom the expense of Rm300 millions for an insurance company which has little overheads & inventories
In any case let Calvin tell you the GREATER BENEFITS OF BUYING INTO OGSE BULL RUN Stocks due to Petronas Rm30 Billions Capex for Upstream in year 2019
This year the Very Best Move will Come from Rm50.3 Billions Fiberisation thrust
So go for Upstream Fiber Optic Makers & Installers
Regards
Calvin