Ringgit already devalued 15% against USD n definitely at present price , it ha been lowered another 15% n totalling 30%drop...good or no good investment is up to market forces...To me ,I like lower price n not the moving up price...since I m going for real long term...so it is ok for me.
If the Govt is fair, then it should treat it like the car industry. 10% sales tax is replaced with 6% GST which comes out to about the same in absolute terms.
Gaming industry already paying all sorts of taxes hence GST should substitute a portion of the existing gaming taxes.
when u strike illegal 4D 0r TOTO , whatever monies u received , u have I option only that is gambling away all the money or spend lavishly ; the reason being u can't buy any asset or property with the ill-gotten gains unlike legalised 4 D or TOTO . Or else the tax peoples will go after u even to your grave yard....
As far as sin tax is concerned,the tax collector will be v strict to the rule and tak bagi chance langsung but when it concerns matters relating to tax avoidance by illegal operations,actions are seldom taken!
at RM 3.00 + , it is trading at its low....so how low it will go ? Buying now will sure get a guarantee 8% returns , nothing less n is much better than epf ....
Apart from usual dividend declared quarterly VT should consider rewarding shareholders other way eg free warrant, bonus issue, etc. Otherwise share price very hard to move back to RM4 despite very good dividend yield at current price.
Bjtoto share buy back program below its intrinsic value, has been going on for years! This financial engineering will benefit the shareholders in d long run.
when u see dead end , it will be lively again.....this is the way it operates to frustrate the minority shareholders in order to part with their shares....then u may see it rises to the moon....again...another frusco....
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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....
armadasaxon
883 posts
Posted by armadasaxon > 2015-02-13 16:49 | Report Abuse
huhuhu..drop..sapu