I also thinking to buy tanjong as well. Will keep watching and buy on weakness. Its business models is viable and recession proof and have dividend policy of paying quarterly + final dividend. Current expected yield is 8.5%. The only risk associated are forex loss, one off levy fee and shutdown for scheduled maintainance in one of its power plant.
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Hektar trading at 0.78 looks very attractive, lots of redemption going on by fund managers (Insurance & Unit Trust Co.)? pressing the price down....
I think so! I adpot cost averaging on Hektar to reduce my cost of holding. Will buyin in stagger and keep for long term in my core portfolio.
Bought IGB at 1.20, Pelikan at 1.10, Resort at 2.66.
I also thinking to buy tanjong as well. Will keep watching and buy on weakness. Its business models is viable and recession proof and have dividend policy of paying quarterly + final dividend. Current expected yield is 8.5%. The only risk associated are forex loss, one off levy fee and shutdown for scheduled maintainance in one of its power plant.
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