Oil price down >2% and more correction is expected. FM will switch out of OnG and invest in DUFU for its 5% dividend...perfect timing to collect at this level :)
Treasury share will not dilute ordinary shares. Treasure share is owned by the company. Now they gv u free. Just like public bank. They sold off their treasury shares they bought in 2008 recently at near peak price to boost quarter earnings.
When company purchase treasury from market and keep it, this reduce the outstanding share, do good for share holder, but if he declare share dividends, let means your share on hand is increase, and u said the share still the same? Okay, let said I buy from market 4000 share, the price is tm1.66, after ex-date, I got 200 share, so now I got 4200 share on hand, and u means the share price still is rm1.66, are u serious?
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....
nckcm
2,726 posts
Posted by nckcm > 2019-03-01 21:16 | Report Abuse
this is the margin of safety :)