Still holding out for more. No good reason to sell as average KLSE shares are doing close to 15pe going forward. At projected eps of 40cts (more likely to exceed 50cts), pe is not demanding. Also NAB is 2,57.
I saw from the Bursa Malaysia that Kanger is China Stocks. China Stocks are commonly known as S-chips in SGX. They are 50 to 100 of these stocks traded on SGX and most of them have fallen to below 5cts. I won't touch them. I have been badly hurt before. Their accounts are doubtful. Even their cash position are a suspect. When external auditors sought more information from company management, even company computers are stolen, or there is black out in the factories. You can read all these scandals on google. If you like China Stocks, buy from HKSE where the regulation is strong and enforcement of wrongdoings are effective. China companies which cannot get listed on HKEX because of tough compliances, found their first in Singapore and now in Malaysia.
Just today alone already ohm 19 cents, despite dividend of 6.3 cents, i think this interest is going to carry the price upwards even after the ex date.
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....
Sapphire
1,765 posts
Posted by Sapphire > 2013-12-19 20:53 | Report Abuse
latitud still have 15% discount on its value..and it may giv special div..