i expect dividend to be cut to at least 20 sen this year. Which makes it yield 4.5%.
Problem with this stock, is that everyone listen to kcchongnz. He has some great points, it is a good company, but not a good buy at that price.
Before the drop, EV/EBIT was something like 20 plus. Which is the equivalent of only making back your money in 10 years if the company can grow 20% per year for the next 10. Which is close to impossible since they had good times when steel was low price, which is not the case forever.
Nobody knows. Only GOD knows..... but he says he help those who help themselves! just study the counter....the accounts n if you think it's undervalue....KEEP! Overvalue...then SELL!
Last two finance result many investors oredy advised to sell due to bad result n no dividend. Hv to wait another financial result n c if u guys interested about tis share
You created questions, you answered it yourself & you found the reason to justify your answer.
Better avoid investing because your answer affecting the whole market, please go hide under the brancket & cry there. That's safer.
PotentialGhost Ringgit rise so much will make down perstim cost , but share price why keep droping? Due to stupid gov election 。thx najix 03/02/2018 10:24
i regret did not sell it above 7 but feel glad i make the decision to sell it above 5 after holding it for >5yrs. Happy to enjoy the high div yield these year but feel sad this div high counter can't continue to 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....
Pangsh62
23 posts
Posted by Pangsh62 > 2017-11-06 12:58 | Report Abuse
I’m waiting at $4!