Those 6 states contribute a lot of revenue to the company...just imagine...during this lock down...how much $$$ can go in black tauke pocket...lagi pun no tax ...gov also cannot get tax from them too...who win?
Yes decent dividend and It will definitely recover after covid...and hopefully back to become cash cow... @RainT which business is not exposed to government policy risk? :) All business also bound by gov policy ma...
For NFo , casino , beer , cigarettes, construction
This four heavily depend on government policy n decision such as tax on nfo , casino , beer in addition company tax they pay n construction for job frm government
Waiting at 2.13-2.15, hopefully can get it. Magnum every quarter paying 3-4cts dividend, 12-16cts per annum, yield more than to 6.6%. Much better than EPF and 3times of FD.
Few yr back, I suffered loss in Magnum due to tax problem with income tax dept. Now the tax problem has resurfaced. Magnum had not learned their lesson and we, small investors are suffering
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....
questra
204 posts
Posted by questra > 2021-01-05 18:55 | Report Abuse
Hanging man today