Sentiment is good today. Yesterday IFCAMSC dropped to 88 sen before jumping back to 1.06! That was a good sign that things are getting better. Priva dropped from 42 sen to 24 sen...isn't it a good time to rebound?
What is so lousy about our market is when things are cheap...everyone is not buying...but as things are expensive we chased...remember Priva was 38 sen...and still people chased until it went above 40 sen...Now at 23.5 sen...nobody dare to touch it...
Dividends mean company is doing well...can afford to reward shareholders. The shareholders will become confident to invest in such company. But other loss making company will never reward shareholders...and the share price drop. I cannot tell why Priva is going down even with such dividends declared...maybe some people goreng it up above 40 sen then sell when dividends are declared...then collect later. So just monitor...these few days...whether the price will go up when dividends are coming on 24th June.....lets see.
the dividends is just very less in terms of percentage. If you decided to enter this counter, it is because of the volume and momentum generated by the big sharks/syndicates, the dividends is nothing compared to the appreciation due to the "goreng-ing"
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....
Jingweihan
1,605 posts
Posted by Jingweihan > 2015-06-13 11:38 | Report Abuse
Why ar?