this ship is bound for the poles only, north or south. unfortunately, lots of u guys, boarded wrongfully, the south one. anyway, enjoy the sailing..........
this is typical china company styles, they don't like to share the profits with us. i don't mind keep it for long term if i can receive dividend every year.!
Don't worry la. This is the safest boat to on board during the on-going oil crisis. Other small cap may further drop 50% but not MSports. Just hold n wait for the next financial results.
KLCI rebounded slightly with BNM's currency support but small caps continue to nosedive towards bottomless region. Fear will set in when small cap index breach 14541 support, resulting in the indice crashing.
Oil price drop mean more disposable income for people in China therefore can be used to buy consumer items like shoes Msports selling. As for Msports they can reduce their transportation cost.
If follow oil price like the year Msports last give dividend(2011 & 2012), good chance to get dividend in 2015 because Msports make more profit when oil price is low.
Eg Systech only pay 0.3sen dividend. Lowest price 9sen now 25sen almost 3X increase. So if Msports pay say 0.5sen dividend increase to 30sen is a possibility.
Why people invest in MUI,Sumatec,IFCA,PDZ,etc? Do they give dividend? At least Msports gave dividend before 2 years ago and this year gave free warrant.
Not all companies can afford to pay dividend so not all companies we can make complaints. The companies must have 1) cash. Do Msports have? 2) make money
Someone must brainwash Lin Huo Zhi mind that for every sen dividend Msports pay will make the share double in price benefitting him the most not other shareholders.
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....
taijackong
312 posts
Posted by taijackong > 2014-12-08 09:36 | Report Abuse
this ship is bound for the poles only, north or south. unfortunately, lots of u guys, boarded wrongfully, the south one. anyway, enjoy the sailing..........