this special dividen may extend the whole year payout total into 1.25cts/share or in min case of 0.75cts/share that using today price of 0.24 the expected yield at 5.2% annual return or min 3.1%. Is much better than FD if compare to bank rate today. And we expect bank sector will further cut the OPR rate by end of the year. A further simulation to 0.30 share price will still worth it based on the dividen payout. Next quarter revenue will expect to show higher growth rate.
Luckily bought 500lots yesterday at .24.....thought yesterday would already sampai .25, hari ni sampai, bagus juga!! Anyway, our calculations show good interest return....may be cannot tahan will buy more!
@cwhale333 thats correct, if you have warrant, it is advised to convert them to mother share before 18 Aug so that the newly issued share is entitled to the special dividend
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....
tksw
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Posted by tksw > 2020-07-28 16:06 | Report Abuse
why mini bus cannot vroom vroom???