even b4 announcing special dividend payments like those been buying for long term investments, I think the loss was great! so it's better don't give such special dividend...affect the price so much!
Margin call and force selling on Paramount stock was serious problem recently, mainly because of special dividend and covid19 pandemic , value of Paramount share dropped into half. Dividend money have to wait for another month, where people got money to top up.
I bought another 100,000 Paramount shares at below 70 sen to average down.
A market wouldn’t remain depressed for too long. Upon accumulating your desired stocks, just sit back and wait for the attractive dividends to come. Investments are for long term, thus you don’t need to worry too much of the daily price movements.
Enjoy your cup of coffee every morning and think positively of your investments. A happy mood allows your brain to think better.
Covid-19 has caused havoc, but it has also created an opportunity for those with financial capability to invest now. As the saying goes, “When there is a crisis, there is also an opportunity.”
Let’s hope that the pandemic would be contained as soon as possible.
@KINGCOBRA3 I know your feeling. When your avg price is higher but the price still going down. Especially when other counter is green. It makes you feel hopeless. With hope, let's believe this counter will come back one day ! Let's pray together.
Dividend 4.5sen will announce after end of MCO as Paramount auditor unable to sign off paramount annual report due to MCO delay. Paramount will announce both dividend entitlement, audit annual report and AGM date as soon as end of MCO next week.
Upcoming Q1 result will record paramount MASSIVE gain on its education business worth more than its current market price > 72sen/share, increase its NTA to more than RM 2.60.
Remark: Paramount is VERY LUCKY to divest majority its secondary private education arm before the hit by pandemic virus, lock massive disposal gain and monetize its assets into liquid cash reserve
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....
geary
6,385 posts
Posted by geary > 2020-03-17 17:57 | Report Abuse
Book Value wise...Invested...@1.085...!!!