Hi all sifus, I'm newbie for stock. I bought some a day before ex-date, so I entitle for special div?? right? today is payment day but yet receive anything. thanks
Buy on 18-7-2016 entitled to special dividend. Direct account today. Nominee accounts usually 3 days. Please check with person in charge of u account. Happy holidays.
Yes, consolidating nicely at this level. I am waiting for their quarter result towards end of the month to confirm the cash and NTA per share. Also want to confirm if got more dividends.
My dividend adjusted charts is still looking good. Long term up-trend still in-tact.
I feel it is going to quiet till news of a purchase of a profitable company. Stock will than rally by over 30%, The catalyst will be when news out of PN17, can more than double from current levels.
Traders won't like this stock, long term investors with patience will be rewarded.
I have accumulated a bit more late last week and early this week. Am still bullish on this stock.
MAAG is in bearish mode and created FEAR IN THE MARKET in the short term. Be patience, i am sure that our major shareholder is busy looking for new businesses to buy and no news is good news, and "Good things come to those who wait".
Looking at the chart indeed it is in short term bearish mode, however, according to RSI, the stocks was oversold, and the Dividend Yield is very high, meaning that the chances for the rebound will be there. Dividend yield is high indicating that the stock is at a discount and the stock is also considered as undervalued.
Should hold both counters. Melewar hasn't even reflect this passive dividend income from MAA and yet its current price super undervalued. Will boom up soon within this month!
What kind of game the MAAG management is trying to play. 3 weeks ago the Management supported the share price from RM0.81 to RM0.99 per share. And now the Management let the share price free fall to RM0.88 per share. Is the Management is too busy try to close M&A deal soon? Or somebody try to push the share price lower so that they can buy at a cheaper price.
I, as a minority shareholder, I see VALUE in this stock with deep Margin Of Safety with a high NTA as at 31/03/2016 is RM1.37 per share and adjusted with disposal of MAAT is (RM1.37 plus RM0.99 sold MAAT ( gain of RM289,517,000 divided by piad-up capital 292,692,252 shares) less RM0.35 Special Dividend payout) RM2.01 per share.
Warren Buffett quotes " be fearful when others are greedy and greedy only when others are fearful.”
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....
NavinShah
301 posts
Posted by NavinShah > 2016-08-04 17:12 | Report Abuse
I will think of buying once money us credited into
my bank's account. Any thing can happen.