based on Candlestick n techincal this share if continue giv dividend around 30-35cent every QR..this counter can top RM 24.00...but this need rely on market condition...
about 466.16 million sticks of illicit cigarettes were seized last year (2019) as compared to 843.89 million sticks in 2018..and about 12.2 billion sticks of illicit ciggie were actually sold instead..no wonder the dividend so small this time..
yes, thanks for the news, that is the reason for the price to dive till RM10. and open up the opportunity for smart investors to buy, not only buy, but can invest for a loooooong time. I predict price below RM15 is a thing of pass after tomorrow.
Exactly, illicit cigrarettes activities causing gov't loss income from the tax collected from excise duty and income tax from legal biz, which is the reason why personal income tax not revised downward..and punish the middle income group...poor malaysian..
yes, as it stands dividend is still at 8%...….so quite good yield...especially for fund mgr who are looking to diversify or looking for income stocks like bat, nestle , dutch lady
well fund mgr holding Carlsberg which dividend yield is around 3% , can sell it and switch to bat to get more than double the dividend yield... bat dividend is 8%
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....
moneycashrich
2,101 posts
Posted by moneycashrich > 2020-02-26 11:09 | Report Abuse
RM15.00 is coming.....no problem for us who have bought already.....