Also HLT and ANCOM......the good part when we make money we don't have to pay sifu Calvin. Also sifu Calvin doesn't force us to buy. His advice is FREE. I appreciate sifu Calvin and I always make money from his chun chun calls. Tq sifu Calvin.
Naim (5073) At 78 sen with coming 18 sen dividend offers best yield of 23%. Secretary Madam Ong Siew Lian of Naim HQ has confirmed. Only time for official announcement of Rm180 dividend per share which for now is the Best Dividend in Malaysia
Once Naim resumed its dividend paying mode Big Dividend Funds will resume buying
So best time to buy all Naim shares below 80 sen
Naim Rm340 millions sale of land has garnered 68 sen per share of this 22 sen is profit and will be reported in Feb 2021 result. By then people will take notice of dividend and turnaround earning. Balance 50 sen will be used to build 500 affordable houses making another Rm100 million net profit which will contribute more dividend in future years
Dividend Funds will rush to park money in Naim again
These are some Funds in Top 30 holders of Naim
1. Hong Leong Strategic Fund
2. Hong Leong Regular Income Fund
3. Great Eastern Life Assurance
4. Plasma Capital
5. Pacific Pearl Fund
6. UBS AG
For Naim 78 sen with Nta of Rm2. 60 is undervalue
Anything below 85 sen is a bargain in view of changing fortune
Just park there for longer term exceptional dividend yield in this low interest enviroment
and during Right Issues period .. they have filed application not to MGO offer .. meaning ..may .get the maximum Profit and sell back the shares even at 0.55 is in Profit also ..
In a very low interest environment like now putting money in Bank FD with 1.75% will not cover inflation
Buy mahsing? No! Mahsing has Rm2 billions debt and payables. It's land banks are locked up and cannot be sold unless developed into apartments now unsalable
Mahsing being in property has no experience in medical glove So better buy Naim with 18 sen for safety
Mahsing might give out Rights issue to ask for money later
Naim is now healthy and able to give such high dividend (Rm180) a share
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....
Samuel Devadasan
40 posts
Posted by Samuel Devadasan > 2020-10-15 13:25 | Report Abuse
Careplus, texchem, luxchem..... . .tq sir