....."Women often cheer themselves up during tough times by 'pampering' with a treat, and one of the cheapest ways remains buying lipstick. Applying it, smiling at the mirror, sends women away into a harsher world with a spring in their step.
So the 'lipstick effect' could be no more than just women's natural instinct to counteract the depressing effect of the recession.
But even if the 'lipstick effect' is not about women needing to find a rich man during tougher times, given the pressure on the household purse, when families struggle to cope with necessary spending on food and rent, many women may conceal the fact that they are also buying products as frivolous as cosmetics - hiding the truth even from themselves.
Although the 'lipstick effect' theoretically relates to all cosmetics, or anything that enhances female attractiveness, lipstick itself might be particularly 'primal', unique in its ability to immediately and dramatically transform appearance.
Take the example of a 34-year-old unmarried teacher. Despite increasing bills and economic recession, Melissa McQueeney adamantly refuses to stop buying lipstick. As she defiantly strides to the cash register with a new lip gloss, she is quoted as declaring: "I didn't even try it on. I'm just splurging".... "
why now bursa cut the stock price after dividend?? it is illegal..company use their cash to pay out dividend...not using the stock price..why now bursa become like unit trust??
Buy Eng Kah today for test water kekeke:p new low n do believe the business stream will back on recovery track soon after disappointing for last few quarters^^ eg like Karyon/Luxchem/Samcem both in good trend i guess n all trading in chemical line which related..anyway just my point of view:)
Segment Revenue Personal care 2016 RM34,613,000 2015 RM32,971,000 Household 2016 RM10,817,000 2015 RM10,329,000 Investment holding 2016 RM4,310,000 2015 RM4,049,000 Overall is in recovery stage so is worth to have a look into it;)
finally offload wf minor profit on this slow moving stock:) now fully enter Dnex-WD!!Gogogog fast moving stock come create much higher margin % income for me^^
Tomorrow meetings will announce the date of sending bonus.
GENERAL MEETINGS: Notice of Meeting Amended Announcements Please refer to the earlier announcement reference number: GMA-14122020-00002
FOCUS POINT HOLDINGS BERHAD
Type of Meeting Extraordinary Indicator Notice of Meeting Description Notification to Shareholders on the Convening of the Fully Virtual Extraordinary General Meeting ("EGM") of Focus Point Holdings Berhad Date of Meeting 19 Jan 2021 Time 10:00 AM
Venue(s) Broadcast Venue
Tricor Business Center, Manuka 2 & 3 Meeting Room
Unit 29-01, Level 29, Tower A, Vertical Business Suite, Avenue 3,
Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur
Malaysia Resolutions
1. 1 Description Proposed Bonus Issue of up to 109,999,867 new Ordinary Shares in Focus Point ("Focus Point Shares") ("Bonus Shares") on the basis of 1 Bonus Share for every 2 existing Focus Point Shares held on an Entitlement Date to be determined later Shareholder’s Action For Voting
• Valuation is cheap. Despite being the largest port operator in Malaysia, its valuation is still only less than half of its next biggest competitor, Westport.
• Dividend yield is high at between 5.4% to 6.6%. Given the low interest rate environment, this would appeal to a lot of dividend seeking investors.
• Cargo handled in 4Q20 is already passed precovid level. It is even higher that the pre trade war level which started in FY18. The largest port in the group is Pelabuhan Tanjong Pelepas where the 2M shipping alliance has decided to make it their Asean HQ Port. 2M consist of the 2 largest shipping companies in the world: Maersk and MSC.
• Bonus event. Potential monetisation of Port business via IPO. The group is looking to raised RM4bil via IPO. Assuming the amount is from the sales of up to 40% interest in the port business, this values the port business at RM10bil which is way above the current market cap of only RM2.5bil. This does not include their 38% holding in Malakoff (valued at RM1.8bil), 31% of Gas Malaysia (valued at RM1bil) and their Engineering business which is currently the main contractor for MRT2 (via JV with Gamuda). https://www.thestar.com.my/business/business-news/2020/10/23/mmc-mulls...
With Biden being the new President of US, you can expect him to overturn Trump’s America First Policy. This will make it easier for US to trade with other countries including Europe and China which will increase global trade and benefits ports operators like MMC.
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....
klsefunandlepak
84 posts
Posted by klsefunandlepak > 2015-12-23 12:20 | Report Abuse
Time to go up