Today, bought additional MAYBULK at RM3.50. The reason is simple, i'm increasing my dividend portfolio for longterm holding by increasing Maybulk shares even though i already own some of this shares many years back but no harm buying more as i expect it going to declare 10sen dividend for this qtr. First half net profit RM314million increase by 15%. At current price, PE should stood around 6sen. Quite a fair valuation and an average of 10% Dividend yielding. Of course this does not represent a buy recommendation from me, act at your own risk.
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