that fund not just dispose Mahsing but also many counters.. i like volatile, if no big drop, where got big up? same things.. it can big up, then big drop.. the scare thing is no movement at all.. trade at your own risk
That fund is Urusharta Jamaah which took over Tabung Haji shares. It is unloading shares everywhere. Almost everyday. But I saw announcement they already finish selling Mah Sing 2 days ago. Maybe this is the reason why share go up as no more big sellers
Alexsee, I bought a little bit just now at 41.5sen. Around 2000 lots. Just to average it up. Draw down my housing loan to buy. Hopefully will reach 50sen and I will celebrate
wah.. jackson you are so rich... i am poor just buy a little.. if got profit, i will sell some first to take profit, .. cos you really dont know the market..
And also must have at least 8% dividend yield. Both Mah Sing & E&O give 3.35sen and 3 sen (around 9% yield). There is another counter Lotte Chemical Tital with RM4billion cash and 7% dividend yield. But price already go up. Miss the boat to buy at RM1 last week. Now RM1.20
Why choose Mah Sing? For me mainly lowest debt and highest cash reserve among all property counters, so when things go really bad, all competitors will die out and Mah Sing will emerge as monopoly. Most importantly, also management with strong integrity!
if share price drop to 0.35 .... u still getting the dividen of 11-12%. Company NTA is 1.44. Super mega sales now + good dividen. Better than keeping your money in bank
how much of dividen will be given by company is depend on their earning.. i believe most of company will adjust their dividen payout lower according to their share price.. mostly they will control to 6%..
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....
ocpd
762 posts
Posted by ocpd > 2020-03-24 23:25 | Report Abuse
yes faster sell