Once +8cents dividend announced will be hard to buy for this price collected some at 1.07 EPS this time might be higher then previous quarter due to increase volume in contra trading since last Q. Next target price 1.25 new superstar of 2024. Dividend most likely announcing before March 3rd week, collect by then...
Its decreasing because money is moving to energy stocks as their result is good this week. All banking sectors has also performed good and next week results will be superb, next week money will return back to banking sectors like kenanga and target price still RM1.25
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....
pohziliang
9 posts
Posted by pohziliang > 2024-01-24 17:01 | Report Abuse
@Intelligentinvest13 very good analysis
I bought this counter around December 2022. Kept buying and now my average price is 0.91
Luckily didn’t sell last year due to disappointment. This time bull run is thanks to Mersec.