3 cents every quarter still provides excellent yield. What is the TP for this stock over the long term, by year end? I am thinking around RM2.40~RM2.50 if it can continue giving quarterly dividends of 3 cents per quarter.
Let don't focus too much on the 3 cents dividens. Should focus on their business strategies and fundamental and also their financial status. if all three are good then long term investment should not be an issues at all..... Just my two cents.
@cheewee - now you know what happen :) It should go up more next week. BUT let me urge you if you are contra player don't touch this counter. Else you may crying later if you have to throw at lower price.... if you can hold it for a year or years then continue buy slowly.
@novice8 why don't you buy when the price was low? Even if you bought some when 1.2 or 1.3? Understand we won't be able to buy at the lowest and sell at the highest every time but at least it will help :)
Well it just a timing thing hold for a while longer will definitely go back to your price and even go further IF everything are good.
I still have strong believe in this counter for some reason :-) maybe due to his strong fundamental, working strategy and good management. I could be wrong but let see till the end of this month.
I also curious base on what data to link to TP of RM2.50 :-) I have been holding Mflour for years and will continue to do that until it can't be trusted.
Today the first day of the week. Let see this week if it can make a green for the week :-) that what I'm looking for.... Even just 1 cents per weeks that good enough result for me. If by end of this week he price above 1.65 I'm very happy. Sorry for those folks that looking for higher TP.....
Even without dividend for this Q it still a good and strong counter to keep for medium to long term. Just my two cents. I just want this counter to up 1 cents every week :-)
Totally agreed. I kept for almost 2years liao after it splited. I also continue kept bought from time to time. I buy my confident it will maintain or break the split value, rm1.80
Too bad that many people does not see the value underneath it what they are looking at is the share price and does it have the volume to continue goreng up :-)
Of course no one will know what will happen in near future especially thing that we can't control.
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....
balvin71
1,154 posts
Posted by balvin71 > 2014-01-20 09:07 | Report Abuse
3 cents every quarter still provides excellent yield. What is the TP for this stock over the long term, by year end? I am thinking around RM2.40~RM2.50 if it can continue giving quarterly dividends of 3 cents per quarter.