Bought Tanjong at RM11.80. This is almost the same price that i bought back in year 2006, in fact i got it at RM11.90 then. After about 2 years i bought it back again but of cource if one were to factor the dividend in, then my cost price for the units bought in 2006 would now stood at RM10.60 approximately. See how a dividend stock can really cushion your share price....
10 comments:
Zhulian had release is Q3 result EPS=6.99sen; cumulative 16.11sen; NTA=0.784 and declare single tier-3 sen. Very impressive result partly may due to higher revenue contribution from its new production line commence on 14July. I think Zhulian will declare another single tier 5sen final dividend on Jan 09 if it stick to dividend policy of 60% payout. (expected higher EPS 22sen; dividend: 13sen; yield: 14%)
Just brought HLBank at
RM 5.20. Market plunge again due to fear of global recession, but also give opputunity to bargain potential stocks.
Zhulian's result indeed very impressive but i wonder why giving only 3sen div. expect to be 3.5sen and above. Anyway, so long as consistent div and growing business, evrything else should be fined. Ultimately this is what we are looking for.
HLBank is a slowcoach stock, market up steep but it price performance not go in tandem. If keeping it as dividend should be quite okay.
Oh! zhulian has change its dividend from gross to single tier. Thus, last year dividend was gross 3.5sen (net: 2.6sen), so this year 3 sen net is higher. Expect 5 sen net in final. Buying HLbank is just for short term contra play. In current market, sentiment always affected and stock tend to overshot.
single tier! so it is indeed higher than last year then. Ex-date falled on 6/11, pretty soon.
I reckon HLank is a good stock but i normally avoid her. I just don;t like the movement of this stock, i would rather spending the money on GUINNESS which provide higher return in term of Dividend.
One of other reason pick HLBank is it trade cum dividend of 15sen, which may cushion further downside in short term and EPF as well as major shareholder, kouk family accumalating in open market. Another plus point is HLbank trading in the low range of >RM5, which mean every price movement is 5 sen, which carry higher safety margin.
Sold HLbank at RM5.25 for intraday gain. Alhough it just few hundred, but it is not my core stock. Buy more Zhulian at 870-890, for dividend yield.
HLBank's Kuek family own about 70%. That is why this counter hardly move even if it bull market. I wonder why there isn't much movement though it earning has surged cross 1 billion recently. That is why, i don;t prefer holding this stock, it has been ranging around RM5 to RM6+ for decade.
Tenaga closed RM6.6 not bad, will make a run tomorrow.
Good one for intraday gain. If you can run this for few rounds, that consider quite substantial already eventhough is just a mere few hundred. Not bad, just imagine a 5sen different you can make some gain. Good one mate.
This is my short term strategy to play contra or swing trading with my margin account. Remenber, i'm full time investor, have to make trading almost everyday to earn money! Of course sometime get burn, but as long as the odds is in ours favour and learn from any trading mistake in order to improve skill. But the utmost thing is make sure capital is always preserve.
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