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4 comment(s). Last comment by DividendGuy67 2024-06-13 21:56
Posted by Antifanaticracism > 2024-06-12 20:39 | Report Abuse
It might go to 2.40 . Genm has Hugh borrowing. At the moment, interest charges are quite high. Wait for us to reduce interest
Posted by speakup > 2024-06-13 07:44 | Report Abuse
follow dividendguy for good dividend. cannot go wrong
Posted by DividendGuy67 > 2024-06-13 21:56 | Report Abuse
@speakup, lol. I wish. Mr Market has proven me wrong so many times, I completely lost count, and I will continue to be wrong many, many more times in future.
For GENM, I also wish 15 sen dividend is guaranteed, but we both know this is never guaranteed too. I sincerely hope people diversify and not be greedy, so that if there's a dividend cut one day downstream, they won't be too disappointed, and if there is a dividend increase in the future they won't be too euphoric too.
Cheers!
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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....
DividendGuy67
1,120 posts
Posted by DividendGuy67 > 2024-06-12 03:11 | Report Abuse
PS. Technical analysts who draw trend lines know that there is a common observation that differentiates the strength of trend lines. Basically, there's this simple rule of thumb that says that if the trend line is drawn over a longer period vs a shorter period, then, the longer period trend line is stronger.
So, the bottom trend line spans nearly 28 years. This one must respect.
The top trend line spans a much shorter period. All things equal, it is weaker.
This is why instinctively, I say that when it comes to 2025-26, the bias is tilted towards upside, say 80/20 chance.
Now that I think about it, it's because the trend line patterns that I draw is a common one that I've seen before many times in the past.
Anyway, nobody knows the future, so, don't bet the farm. Just sharing some common TA observations.