IMHO that why we need to define between trader / investor .. mostly trader aka scalper / punter with minimum experience will burn their fingers while smart investor will diversify his portfolio into several potential stocks.
KAHFIEHLAI - Tambun is for long term holding I bought them around $0.80+, although I did locked some profit at $1.39/$1.40, I will still hold majority of it as long as they can keep their Revenue and profit at the expected growth rate. Let say they can keep the EPS around 15 cents then dividend should be around 6-8 cents, which is still reasonable good yield.
Whereas for KFima, i m not sure how long it will take, with some good Qtr results and good dividend declare, i guess it shouldn't be more than 1 year.
The Board is pleased to recommend payment of a final dividend of 3.5% less 25% Malaysian Tax and a single-tier final dividend of 4.5% for the financial year ended 31 March 2013. These final dividends are subject to shareholders' approval at the 41st Annual General Meeting scheduled to be held in September 2013 and will be payable on a date to be determined.
This year dividend better, as previous year is 8% gross (net only 6 cents), this year is the combo of 3.5% + 4.5% (net 7.125cent). The lower net profit is due to defer tax issue. The results still ok, but nothing to shout for.
Next week jobs data will be released and hence we will know what is the future of QE. Market sentiment depends on it. But if KFIMA drops, it's just another chance for accumulating it.
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....
JimYeoh
1,514 posts
Posted by JimYeoh > 2013-05-20 16:04 | Report Abuse
On the way..dividend coming soon