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1-still got so many land that has not been reevaluated due to tax reason perhaps, and there is no need to until they want to sell it, meaning severely undervalued now. 2)notice they don’t give all earnings as dividend? Smart company with growth potential will keep cash to launch projects or buy more land, they are growing unless they don’t plan to grow anymore then they will give out as dividends like Malaysian banks , limited space for growth then high dividend. 3)just check the company profile and ongoing projects etc, u will know the more profits is on the way . Keep your share or buy at the bottom now, don’t later u miss the boat then regret
Drop ? Bad market sentiment ? Those situations will be over and rebounce will be on the way. Any drop and bad sentiment will be opportunities for me to buy as Crescendo's strong fundamentals are intact. (Just my opinion)
The norm and TA actually kinda leaning towards to sell and cut loss, but then again 2 things to consider, 1) although most of the bonus issue stock price will come down after split, there are a few exception, like strong company with good fundamental and on going high earning projects, if it’s that, then now is just the correction phase+ whole market not performing, it will eventually normalize. 2) it seems like there is appearance of player/banker with large fund, absorbing at bottom price. Interpret it however you want
Take for example, before split YTL Corpn was RM6+. After split of 1 share to become 10 shares it became around RM0.60 . After some times, it went up to as high as to more than RM3 until about RM2.40 after corrections.