i still have confident is this counter, look at the 2 years chart and you can see they are moving uptrend steadily. Those who bought earlier this year below 1.20 already making and also on top of that got their special dividend. Kenanga expects P&O to announce bonus soon (which i also hope so). The company has been buying back their shares so they may announce something special soon too ;) Keeping this stock at least for 5 years or until rm3.00. Wait til next month for more action on this counter. Patience....look at supermax sleeping now waking up already...HLIND sleeping now also jumped...Patience....
Since the dispose of 49% insurance biz, i do not see any announcement as of what is new biz venture with the proceeds, beside one news of set up a company in uk for property venture but no subsequent progress. I dont hv a good feel it will be any good prospect/surprise for this coming qtr earning. I do hope i am wrong.
HI Keyin, no project that I know of but Kenanga did say expecting bonus with the sales of one of their division. However, I'm keeping this because the last two years it has shown steady up trend. Not worried as now is it settling before it moves again. If everyday all my counters move I'll be a bilionaire already. HAHAHAHA! Patience will be rewarding. My STEMLIFE (also another CASH rich counter like P&O) a few people condemning the counter slow but now picking up very fast... so Patience is the key to success once you have confidence in the right counter ;) Same with Supermax many people condemning it now moving also.
I'm stuck at 1.80 haha! But will keep until it reach 2.10. Gonna be really long term but we just enjoy the dividend payout which will be 6 times a year. A lot better than FD
Not much is because it just after the special dividend which pays me two and a half year FD interest LOL! If you calculate it, even pay 0.008 also better than FD. Six times a year! :) I'm sure this share will go above Rm2.00 in long term due to the past experience .
As i see the stock price still following the trendline up...i think it should able to break into $2 level by 1H14 if no sudden spike up due to any m&a annoucement...
really sick to c this counter keep on price droping day by day , hw long b patience while index alrdy shoot up so high, wht's this counter happening,........... no body interest??? any good explaination...???
because many people are playing get rich in a day or two, investors look at long term...so this counter will not attract short term players but long term players because it doesn't fluctuate so much. Kenanga already published this as a hot pick. so it's a matter of time people will start looking into this counter..
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....
nicole76
805 posts
Posted by nicole76 > 2013-07-08 10:26 | Report Abuse
Hi Tony, don't worry the price now is still ok to invest before it ave. above RM160 to RM170.