I bought 165,000 last week for 0.9275 - I like the defensive nature of KIP nothing fancy... selling basic food and goods to ordinary people at reasonable prices. Lower gearing than most other Reits is also a bonus, directors buying is always a good sign. I will buy more on any dips.
Nothing much to say here. Buy and keep. Enjoy the dividend yield. And at any price lower than IPO, just pick up. Directors, GE and OCBC all want in on the stead action.
The following must be established -quarterly dividend? Maiden dividend was RM0.01--it was for 2 months (Feb & Mar'17); what will be the payout for rest of the year? I am going by assumption that can get RM0.015 per quarter; so by end of 2017 will get RM0.055 (RM0.015 x3 quarters + RM 0.01) There is a 10% witholding tax, so actual dividend will be received RM 0.0495/share At RM 0.92 the DY is 5.38% DY :)
Malaysia's May wholesale, retail trade growth accelerates TheEdgeFri, Jul 14, 2017 - 5 hours ago
KUALA LUMPUR (July 14): Malaysia's wholesale and retail trade grew 10.7% to RM96.9 billion in May, from a year earlier, led by retail transaction growth.
According to the Statistics Department's statement today, retail trade rose 13.1% while wholesale and motor vehicle transactions climbed 9% and 10.2% respectively.
"The sales value consists of wholesale trade (RM46.9 billion), retail trade (RM37.2 billion) and motor vehicles (RM12.8 billion) businesses. The positive growth was contributed by retail trade (13.1%)," the department said.
May's wholesale and retail trade's on-year 10.7% growth compares with April's 9.6% expansion, according to the department.
FXTM vice president of corporate development and market research Jameel Ahmad wrote in a note today that Malaysia's above-forecast 10.7% wholesale and retail trade growth in May, added clarity to the notion the country's economy was performing above expectations.
“Optimism is continuously increasing that the GDP reading for Q2 will follow the same trend as the first quarter of the year, in terms of surpassing expectations, following a hat-trick of economic data announcements over the past week.
“If the Malaysian economy continues to pull out these numbers consistently above expectations, it won’t be long until think tanks begin upgrading their overall forecasts for growth this year,” Jameel said.
Please look at the trade detail shorty....majority of trade at 0.905 (VWAP=0.906)....at 450pm 100 shares change hand at 0.93 and you fall for that? Are u new in the market? Lol
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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....
U Tang Tang
100 posts
Posted by U Tang Tang > 2017-05-24 23:12 | Report Abuse
jian..i thinking kip boss hv more share everyday selling only ..hope selling enough lah..