Of course it won't go up for now. It's a dividend stock ma. I hope it will go down so I can collect some. Check the Call warrant. Then you will know why it won't go up.
Final dividend will be proprosed next month feb together with Q4 result. You will know at keast 11sen final dividend based on 90% payout of annual EPS 22sen ( interim dividend 9sen alrdy paid in Q3)
Take note uchitech final Q4 will be stronger + resumption 100% workforce if compared to only 60% workforce allow under MCO + strength in US dollar bode well for unchitech US denominated export profit
1. Dividend yield 7% with highest 90% payout to teward shareholder 2. Net cash company 3. High sensitivity to US currency strength ( FED nterest rate hike is key catayst to strengthen US currency)
just temporary small fake rebound created by banker n it wont rebound very high like previously ! After CNY u will know their real value which is 50% lower than now !
New to this counter. Wonder why a good margin company, zero debt and niche product not priced higher. Roe has been outstanding year after year. Is it because single major client risk? Like ataims? Any thoughts? I am long term investor ofc.
The growth is not really that exciting and kind of predictable, it's a steady company that pays good dividend. So it's very straight forward and easy for investor to value it. Hence resulted in valuation by the market more or less the same hence chances of price fluctuations is very low.
Funny, you say your are "Long term Investor" and yet refer to a company / business as a "counter" At RM3-3.1 it is fairly valued. Of course if you like to play the "goreng" counters go elsewhere. this is not your place @ Zacky Boy
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....
Value Investor Coo1eo
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Posted by Value Investor Coo1eo > 2021-10-07 10:00 | Report Abuse
@roger3210 - I am sorry to note that you really have many issues. please get help.