Oops...no more chance for those who chased the 2021 dividend like me to exit with a capital gain heheh...thank goodness I remembered I had it just as it peaked & SOLD!
Pelikan said to be on the verge of major asset sale
According to several sources, the major asset disposal that Pelikan is working on could fetch more than RM 500 million cash.
If the deal is successful, Pelikan will exit its core stationary business, which is the 180-year old Pelikan brand from Germany. It will become a cash rich listed shell,sources say.
Experience tells us, when the news is out and the stock price has reached its maximum, little chance the price will move up higher. The last time company disposed its assets and distributed 20c dividend, its share price stayed at 20c on and after ex dividend date for a long time.
Bunch of group of people from reach energy come here try to ask u to sell ticket to them:)....when people tell bad, mean they dun have ticket, when people tell good things mean they hold many ticket..
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....
dompeilee
11,888 posts
Posted by dompeilee > 2023-02-10 17:28 | Report Abuse
Nope, mostly just dividend payers :)