Sound minded investor will go for it and dont have to depends on the Japanese. At 26.00 and the total dividend for this year of 1.88, the return is 7.2% doubling the FD rates.
Even at 30.00, the dividend is still good at 6.2%.
So you go figure out the attractiveness of the return. By putting the money parked in it, you getting 2 years FD rates return in a year comparing putting in FD for 2 years. In other words, you doubling your wealth 2 years in advance.
Further the pricing is dammed solid even in financial crisis.
the last i remembered is when it trading at 23.xx and go south briefly to 19.xx and after that it shoot to 27.00 upon annoucement of the 1.73 dividend.
Since the return from Panamy is as good as FD I might as well purchase a bit of this stock on Monday esp now since its Ex Div and cheaper than when Come Div
Come Nov-Dec will declare 15sen int div and paid in January 2014. Hope they increase this interim div to 18 sen. After all more div will attract investors
Absolutely true! I 'd been receiving dividen since 2008 till now, I always support National Panasonic products. Which means " Good Business in progress ", Good dividen for us too!
Good result but still 15c just like last year. NTA rm10+ but still stingy with div. When is bonus going to come? Have held this share for 6 years and still waiting. Directors need to take lessons from directors of D.lady to see how shareholders are rewarded. Stingy directors. Why conserve so much cash? for whom?
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....
tomdickharry
106 posts
Posted by tomdickharry > 2012-12-16 17:03 | Report Abuse
investment grade company worth to be put in watchlist/observation