EPF sell because dividend yield getting lesser this 2 years. I believe even through trimming down it will still hold a sizable shares >5% in cahaya. Current challenging time, BOD reduce dividend, normal ma.
Additional reasons :
1) some i3 member suggest to prepare fund 4 i-sinar with drawers. I agree too! 2) Big funds need to adhere to protocols, due diligences and compliances, unlike us. - they position long time ago, with substantial holding of multiple entry price, easy for them to rebalance their portfolios. - EPF too outsourced their fund to 3rd party
I understand the feeling of holding a counter which have funds exiting every now and then.
*** important is the market able to support the dumping. U buy there must be match seller and vice versa. Since 2 months back, these 2 taiko sell but price cont surging. So dun too worried no doubt it will slow down the momentum when price rising.
BUY LOW Sell HIGH always a classical investments principle.
Clause : companies fundamental still holds.
Less risk but investors have to endure the time to come to fruitation and opportunity lost on others investments.
Mr. Monetary gave a good example : topglove
Even a cash rich well manage company olso can't challenge Mr market. Imagine for those who brought at just 6 a piece. Feel sorry to them, and they chase high and cut lower, majority of them.
Many will argue they are in different industries but one cannot deny the facts is these 2 companies wealth generating ability are in PAR.
Unisem too once's encounter share price hammered to around rm2. Same apply to cmsb.
Once bitten twice shy :
9th September, cmsb price adjusted lower due to profits taking. Every sane mind people who wanted to sell wouldn't sell at 1.03 for the 2nd time. Pandai pandai hop back to ride to destination 2.0.
I loved playing poker but how about playing blackjack today?
The Dealer (KPMG) is giving u an open Ace's (Q2 47.39m) and the 2nd closed card ( 3rd party audit reveiwing) pending this month end.
- if big account fraud or problem occurs , KPMG for sure prepare/advice for a impairment before hand in Q2.
- Previous CFO will not so easy let go just by giving him sotong. MACC will ask for interview long time ago.
For fence sitters, the 2nd card will be min. damaged. Good to be alerted earlier and the risk committee board to revert so that future reoccurring be avoided.
Liem Sioe Liong, a Chinese Indonesian billionaire businessman and founder of Salim Group Robert Kuok, a Malaysian billionaire businessman and chairman of Shangri-La Hotels and Resorts Surya Wonowidjojo (Tjoa Ing-hwie), the founder of Gudang Garam, the largest cigaret producer in Indonesia. Rachman Halim, second CEO of Gudang Garam. Tiong Hiew King, a Malaysian Executive Chairman of Rimbunan Hijau, Timber tycoon and Chinese Media proprietor. Tiong Thai King, a Malaysian politician and businessman, Member of the Malaysian Parliament for Lanang, Sibu, Sarawak from 1995-2013. Alim Markus, Indonesian businessman from East Java.
EPF is not one of the big share holder in CMSB, less than 5% of the share on hand.This does not mean the company cannot survive without EPF. Market it just over react to this kind of news only. Traditionally 3Q and 4Q, cmsb revenue is very much better .
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....
warrenchok90
760 posts
Posted by warrenchok90 > 2021-09-10 08:01 | Report Abuse
Ya sure. Today might back to 1.38.