It'll be many more good qtr results! Shortists are just acccumalating and it'll take a while before they have enough to play it up skyhigh! Is'nt epf lending to shortists? Do they have some kind of a deal?
Shortist are spending billion to keep netshort position in Bursa.. Already almost 9m they still keep the net short position, that's mean they are still earning peanut.
Investors here mostly + on Supermax good earning at every qtrs. A good dividend (15ct to 20ct) payout for every qtrs. is better 3x better than keeping FD in bank... Price fluctuation will not bother the long term investors. Shortist investment are usually short term but they go long term bc of failed earning. Long term means is disadvantage to them as they have to pay high dividend, high interest, high daily transaction fee and this including paying high commission to the Ib remisers (probably 100's) helping them to dump the shares daily.
Just see both sell Q and buy Q. Such high volumes for the past one week. supermax is being sell down before they picked it up back at lower price. Yesterday they were queueing at 3.20, today they q at 3.10.
Coordinated sell down. Can see how they play by depressing level by level. High volumes low seller. And they only focus on clearing the buying q per level each time. All the volume coordinated and focus on a single sell q to depress the buyers. Only big players would have the volume of shares to do so.
Yes , Supermx had announced a total of 31.8 sen dividend so far. A 3.8 sen interim dividend , one 13 sen special dividend and another 15 sen special dividend . The last final dividend will be announced during end of Oct. The previous year final dividend was announced in OCT 28 2020 with a 1 for 45 treasury shares. Currently , supermx has 103 millions treasury shares. Hope supermx will.also distribute these shares to shareholdets as dividend with one for 27 ratio. This 3.78 % is equivalent to 12 sen at current price. The total dividend will be 31.8 +12 sen which is 43.8 sen. The total dividend yield will be about 43.8/315 or 13.9 %.
------------------------ myinvestor Investors here mostly + on Supermax good earning at every qtrs. A good dividend (15ct to 20ct) payout for every qtrs. is better 3x better than keeping FD in bank... Price fluctuation will not bother the long term investors. Shortist investment are usually short term but they go long term bc of failed earning. Long term means is disadvantage to them as they have to pay high dividend, high interest, high daily transaction fee and this including paying high commission to the Ib remisers (probably 100's) helping them to dump the shares daily. 02/09/2021 11:05 AM
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....
glovefinish
2,070 posts
Posted by glovefinish > 2021-09-02 10:09 |
Post removed.Why?