I have been holding good old boring Scientex since March, cost around 5.8 (have been lower than that half of the time when am holding), finally since last week the share realized its value. Lesson learnt, be patient, good stocks eventually find its way up :)
Slow and steady Scientx getting stronger and the price is staying at all time high presently. Good stock with strong underlying fundermentals support. Luckily I didn't sold all and considering to keep some. Vow! another dividend pay out is on the way.
paid up capital 115 mi and no of shares issued 230 mi very few shares in the open market many are kept for its growth its growth by comparison is phenomenal high time to consider bonus issue , rights and warrants to pursue its future expansion.... its 4th qtr result shall be very impressive!
same PE @ 11.51 @ 6.60, EPS 58.87 58.87 c=6.60 if EPS @ 67c = 67*6.60/58.87=7.51 its stock price shall be RM 7.51 .................................................................... if PE 13.76 same period last year 11.51=7.51 13.76=13.76*7.51/11.51=8.97 its stock price shall be RM 8.97 just sharing!
wait for sp dividend and final dividend in late Sept like same period last year .......... any news on bonus and rights when there are so many projects at hand for growth and future expansion?
Is a growth stock , so will keep on moving up the ladder ....6/7/8/9/10 ....when its earning per share shot up TP RM 1.00 and above.... Just waiting patiently...
if the stock may trade RM 10 in 4 years time, I think it will be worthwhile to keep for long term at 25% increase in stock price per year rather than keeping the monies in bank and earnings at 3% per annum. In addition u will be getting yearly dividend at around 4% . Why not ?
Sold off few days ago while spotting the downtrend, pocket some profit first. However definitely will buy back, just waiting for the right time. I'm a long term fan of this counter but still believe in maximizing profit while possible.. haha. I will be back
Drop back to RM 5.92 for the last two days. Miss the boat badly. I think many bought at RM 6 and will be waiting for collections. Investors must be more alert sometimes in order to make extra money.
Those who chucked away this counter at RM 6.00 must be very regret n sorrow now. They are thinking of buying cheap by selling cheap but all had been taken away comfortably . Instead of dropping further ,it is gaining strength to test greater heights in time to come . Chart wise , is like bull charging......
Stocks to keep are those with management that acts in the best interest of it's shareholders. Scientx is definitely one of those. The historical dividend payout tells the truth.
D day on 26 Sept or earlier.... last year same period 20% special and 18% final and cumulative at 38% this year shall be the same or higher....38% or 40% ?????????????????????????????
This is not the contra counter coz up and down 10c do not mean anything as the commission already 10c...U need to hold until the final qtr result out to see any financial gain.... Special dividend final dividend bonus issue has long been overdue !
Today closing nearing RM 6.50 . Quite satisfactory ..........strong support. .......waiting for financial results on 19/9/2014. Should be good based on the price support level at RM 6.50 and might break new high!!!.......with good dividend pay out.
like it or not , this is the counter u r looking for .....super dividends , capital appreciation , increased revenue , earning per share going to hit RM 1.00 in 2-3 years time, the chances of bonus share is brighter each day....
We wish to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had approved Scientex's request for a suspension of trading of the Company's securities on the Main Market of Bursa Securities from 9.00 a.m. on Wednesday, 24 September 2014 pending release of a material announcement and holding of a press conference before the close of trading on 24 September 2014.
The request for suspension is made under paragraph 3.1(b) of Practice Note 2 on Request for Suspension of the Main Market Listing Requirements of Bursa Securities.
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....
autumnleaf
29 posts
Posted by autumnleaf > 2014-08-14 22:48 | Report Abuse
I have been holding good old boring Scientex since March, cost around 5.8 (have been lower than that half of the time when am holding), finally since last week the share realized its value. Lesson learnt, be patient, good stocks eventually find its way up :)