and i think it is appreciated to much just because it's a giant in plantation and the dividen percentage is too small compared to its price...and what if other funds still holding it get panic too? bedebum
Only people playing margin get panic. Regarding 2 it's NTA. It's land bank was value long ago I guest. Nowadays it worth may b 10x the value in it's balance sheet. Lets b conservative take 2x it published NTA 2x8=16. As a matter of fact, we r not paying 2high from it's NTA.
but market decides tomorrow, we'll see, mau angkat murah kah mahal kah, lepas angkat naik kah ,jatuh kah...boleh kena heart attack...but the one who're not only panic but urgently need money are funds...when needs is more the emotion...they need to do what is best...so comes the chain reaction...these funds are called funds..but they also play margin, contra/without money... in big volume.. glupp
Told u not 2 worry, kan? Anyway those managed 2 pick up dead chicken last Friday will create some selling pressure this week. I guess only next week we can see the stock price rises.
By the way, u guys know about the details about batu kawan's relationship btw smooth route sdn bhd ? Does batu kawan owning aircraft or running aviation industry ?
I guess when CPO prices are sky-high, the Co has tonnes of money flowing in but unfortunately share prices are also high. When CPO prices are down "bo lui" to buy shares back although going for cheap. On hindsight perhaps it's better to accumulate excess cash in good time & buy them only when share price dips.
I wonder why this Co is so stingy with dividends. On a "bad" quarter like ending 31 Mar 2015, it's EPS = 29.62 sen but interim dividend only 15 sen. Retain so much cash in the company for what? Surely it can pay more without compromising it's solvency, liquidity etc
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....
cyclist
158 posts
Posted by cyclist > 2013-06-22 13:04 | Report Abuse
panic button pressed, some might have cut lost strategy