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With this news of Paramount entering the game, more aggressive development can be foreseen, I see it as a more positive sentiment compared to before this.
21 sen dividend is still gonna be distributed within 2024-2025, but new property development will still be continued.
With this, I foresee in the next one year the stock value will continue to go up. I will keep holding at least until the end of the 21 sen dividend distribution. Then after that see how's the development.
yes, 21 sen is a lot, it's not typical dividend but cash distribution back to shareholder in the form of dividend.
I foresee they will split it to 2 times distribution, perhaps 6sen + 15sen just like the previous round of cash distribution, all within this one year time.