No need new project until 2018. The current development all sold out (phase 1 - phase 5 house,serviced residence) except bumi lots. Once development reach 50%, they can release the bumi lots to non bumi at higher price. Their job now is to complete the construction only. Money is there already.
The director bought 3.8 millions share last week with the transaction price 2.63. So, I think any price below 2.63 is a good buy since the director willing to buy the share with 2.63 and he knows the company well than outsider.
23 Apr till 28 Apr is going to be an important time for CVIEW (ex-dividend date and quarter report issue date which might announce another 0.07 dividend).
2 more days to wait for the quarter report out. I think the result might not so attractive but higher chances that they will continue giving 0.07 dividend.
Quarter result is expecting to be announce today. Will there be another 0.07 dividend despite how the company perform? Will be able to know the answer soon.
i3i2i1, DY is dropping.. Jz look at the past div records. Not earn enough how to distribute to sharehoulders? CView was distributing at around 10% rate, if cut by half, still got 5%.. do your own calculation.
It depends on what information you have, but personally, I put a HOLD call on this counter..
revenue dropped because project almost complete.they are going to launch new project soon..
Permohonan Pelan Bangunan Mengikut Seksyen 70, Akta Jalan, Parit Dan Bangunan 1974 (Akta 133) Bagi Cadangan Pembangunan 118 Unit Rumah Teres 3 Tingkat (25’ x 75’) Di Atas PTD 190917 – 190928, PTD 190939 – 190950, PTD 190962 – 190972, PTD 190984 – 190994, PTD 1901006 – 191017, PTD 191059 – 191093, PTD 191100 – 191111, PTD 191118 – 191130, Mukim Pulai, Daerah Johor Bahru, Johor Darul Ta’zim. oleh Tetuan Country View Resources Sdn. Bhd. di Majlis Perbandaran Johor Bahru Tengah
Permohonan Pelan Bangunan Mengikut Seksyen 70, Akta Jalan, Parit Dan Bangunan 1974 (Akta 133) Bagi Cadangan Pembangunan 73 Unit Rumah Teres 3 Tingkat Jenis H (25’ x 75’) Di Atas PTD 190907 – 190916, PTD 190929 – 190938, PTD 190951 – 190961, PTD 190973 – 190983, PTD 190995 – 191005, PTD 191094 – 191099, PTD 191112 – 191117, PTD 191131 – 191138, Mukim Pulai, Daerah Johor Bahru, Johor Darul Ta’zim. oleh Tetuan Country View Resources Sdn. Bhd. di Majlis Perbandaran Johor Bahru Tengah
I agreed with wenz. Even the div drop (if cut by half), still got 5% which is still consider good if compare to bank interest rate. The floating share is the market are very less. The owner of the company is still holding the majority. Perhaps, i notice that the price drop was due to one of the company director who keep selling his share (small amount of shares in a trading day). I will say this is make sense as he also want to gain some money or get back some money. If company is not performing well, he will just throw out the share without caring the price.
King Li : hi King li , is this counter really provide 18.30% dividend, because I cant find a counter dividend damn high one ? Can correct me if I am mistaken ?
haha. so King Li , do you thing can buy in now ? But I still suspect why this comapany can provide such high divedend ? I think the most high among all counter right ?
In view of the past transactions of 6 months, I am opinion that is right time now to accumulate this stock from now on. Of course they are earning so much in the projects of Iskada. Hope they still can sustain..............
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....
Amao Mao
205 posts
Posted by Amao Mao > 2014-10-24 11:22 | Report Abuse
Today no trade?