Was hoping they would only announce after the 26th as in previous years so that I could accumulate as low as possible the shares I mistakenly sold in the Aug panic. However, I managed to corral back 87% of that peak holding in the last few days from $1.08-1.13 [ PLUS an additional 8,000 in the margin a/c] plus the few hundred profit from the Aug sale is in the pocket already so it's all good! 😊
Furthermore, it makes no sense to me how a co. whose shares flew up to $2.26 in Aug '20 can stay @ these low levels when the book value is already $1.12 higher compared to back then...
Wah.... Big Boom. Investment in US Market has incurred RM54mil losses. Better fast fast dispose all the share before US market crash. Bring back the money and invest in Bursa, now bursa many undervalue stock.. haha
On 30 January 2024, the Company has obtained mandate from the shareholders via Extraordinary General Meeting for the proposed disposal of 20,000 units (equivalent to 200,000 units post share split) of Nvidia Corporation (“Nvidia”) shares listed on NASDAQ as and when deem fit. There was no disposal of Nvidia shares as of the date of this report.
Nvidia closed at USD121.44 on 30 September, at this moment Nvidia is trading at above USD146.
4th December is dividend ex-date. Run before it. From my past experience, it will drop more than the dividend after ex-date. Example: Assume the share price is RM1.10 before ex-date, and dividend is 7.5sen. Technically, the share price after ex-date should be RM1.03. But based on past years experience, the share price will open at RM1.03, then slowly drop to RM0.98-0.99. Then 1 week later, it will at RM0.93-94. Then after 1 month, you will see it touching RM0.89 level.
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....
TheContrarian
9,507 posts
Posted by TheContrarian > 2024-09-13 22:24 | Report Abuse
Arm Holdings share price is now above US$148. I have no complaint of Hexza buying Arm Holdings at US$127.175 last month.