Yes EPF dividend recently is good but for a while the dividend is soso that many withdraw to invest for better returns. Sadly our price inflation out does the returns. At average 20% average inflation unless we are very good investors or biz people, it is hard to beat the inflation just keeping up is good enough. I am concerned coz when we retire how? Today EPF said those retiring this year at 55y/o about 50% of the members do not have enough to bring them to old age. Some working people are eating rice with gravy and maybe some are just going hungry, skip meals. It is a concerning trend. EPF invest our hard earned money wisely. Have a good weekend all. Embrace for GST. I still cannot understand the implications of this for share investor. Every transaction charged 6%? Insurance company also received letter 'may' be charged, 'may' here and there. If they 'may' not be certain how about us,leh?
GST is only applicable on the brokerage fee right? Meaning if you trade RM50k, brokerage fee will be about RM300 assuming 0.6%. GST charged on that will be RM18.
today drop >10%, sure monday will continue drop...may b can drop 2.00 and below...lower earning and lower div yield...i think first Qtr 2015 will announce loss........... like FGV...
hmmm, then should buy more to lower average? My EPF comment it is that 50%+ will not live above poverty line that's bad. When we want to say we are developed nation and what what what but many are left behind :( nation's wealth should be shared.
Thanks for the factual comments, let's hope the drop is temporary, might be a good buy as such low prices. Not too long ago it was out performing SKPetro. SKPetro speculation stock versus UMWOG.
Even at RM2.17, this counter is trading at a premium of more than 18X trailing PER when the industry average is just 10-12X PER!! Still want to buy this overpriced piece of crap stock?
Dividend yield is a pathetic 0.45% (at RM2.17). Shit counter!
Oh no, then have to hold for long maybe 1 year? I am new to this have not understood alot about shares so have not considered warrants. Where is good information on warrants. Thanks you.
sell down is expected and its oversold already. although it may not rise back above 2.4 due to a lack of fresh catalysts. a minor rebound to 2.30 is very certain next week..trade with caution.
Nah, I disagree. From an FA point of view, UMWOG is still very expensive even at RM2.14 with trailing PER of more than 18x (2.14/(11.66/100)) when the industry average is just 10-12X. What is so special about UMWOG that it has to trade at a premium? It's dividend yield so far is a pathetic 0.45%. Orderbook only about RM1 billion. So why should anyone pay more for this overpriced stock?
I will not consider this stock unless it hits RM1.30 and below. At RM1.30, it's PER will be around 11x.
The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, especially at the country’s main trading hub in Cushing, Oklahoma, pushing U.S. supplies to their highest point in at least 80 years, the Energy Department reported last week.”
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....
Jim Sted Power
3,429 posts
Posted by Jim Sted Power > 2015-03-13 12:05 | Report Abuse
Seem like very likely EPF selling, then UMW buying
Hahahah!