All be open n contribute positively.. every one has its own style n as long as we can make some money is ok .. we can listen n at the end whether we wan to follow or not is up to us as these are our hard earn money
I also read DividenGuy67’s posts and after I did my homework, I agreed with him, therefore I sold many of my BAT shares and bought a few thousand UP shares, and today I am so happy about that decision. Today I bought another few thousand of UP shares at the lowest 17.820 price.
As I’ve just sold off all my TSLA shares for a small 10.+% profit yesterday, there is no point for such posts to exist, anymore. In addition, I’ve already worked out how many UP shares that I’ll continue to keep. @BudiLee Should have waited for its stock price correction before the accumulation of more shares. “Buy the dips”.
I would interpret this as the stock price is cooling down a little bit however MACD is still positive but also, softening while RSI was in extended overbought territory 4 days ago.
Bro n Sis, why so 'kan cheong' about price. Just wait for the end Feb Annual Report n Dividend announcement. By the way shooting star appeared on 22nd Dec.
U ask yourself this loh! If the coming Final & special div of UTD Plant is 80 sen plus 20 sen will amount to Rm 1.00. Thus effectively Utd plant div will be Rm 1.80 Pa.
In this case UTD Plant share price will exceed Rm 22.50 giving a div yield of 8% pa loh!
@ooihk899 Good news, it’s a short wick green candle appeared on 22/12/23. Allow me to perform the calculations. @stockraider Your dividend estimates are optimistic and your computation is correct. A pessimistic forecast that I’ve made for my own reference coming in at a lower rm0.75 (FD) + rm0.15 (SD) hence total dividend for year 2023 is rm1.70 and high dividend yield is 8%. Therefore, the formula to calculate its stock price is as follows;- (rm1.70 * 100) / 8 = rm21.25 Note : Value investors are likely to discount its stock price by 2% because of various reasons. rm21.25 * 0.98 = ~rm20.83
@Sardin Assuming that other parameters are still the same except for the overly cautious rm0.70 (FD) then, … The answer is (rm1.65 * 100) / 8 = ~rm20.63.
Why wanted to discuss about FY2023 div?? It's 2024 now, we should be looking at FY 2024 div not FY 2023. Also, value of a company doesn't only rely on div.
And div has BIG influence on share price. I think this is undeniable fact that most people believe, although different people value a company differently. What doesn't matter to us may be matter to a lot of other people. While other people also have their right to vote by buying / selling the shares, their action will affect the market cap or the share price.
If one disagree to that then one should be happy to invest in a company that is stingy in giving out dividend. But I think most people invest in UP because div matter.
Div already peak in FY 2023. FY 2024 will not be that much since future CPO price is btw 3600 to 3700. Price always reflex future earning of the company, not current or past.
Please do recall that I’ve made a note to include a discount in its estimated stock price by an appropriate % to compensate for lower CPO futures price as ooihk899 suggested because UP financial year doesn’t end in December.
Please do your homework, FY end in Dec. AR report in end Feb. Why discount is only 2%? I believe ASP will drop at least 10%. Anyway, the price will not move if EPF is collecting now,
@KClow On hindsight, I should have committed more funds to YTLPOWR & YTL stocks because both stock prices have surged a lot. Anyway, it’s too late now.
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....
Tanleechoo
461 posts
Posted by Tanleechoo > 2023-12-28 11:11 | Report Abuse
All be open n contribute positively.. every one has its own style n as long as we can make some money is ok .. we can listen n at the end whether we wan to follow or not is up to us as these are our hard earn money