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Though I am holding Scientex, but this dividend won't be able to lift the stock too much. The company must perform better especially the packaging sector.
Land acquisition comes at a cost. The interest, the cost of holding the land will continue to increase unless the economy recovers
Scientx is not a dividend counter currently. The payout ratio is around 35% of profit. For dividend counters, can look at bank or reits, these counters have higher dividend payout ratio (70% of profit n above) their bussiness have matured and potential for growth is relatively limited.
Scientx is also a property company. A property company needs to replenish land bank from time to time
I knew about that. But from my observation, the share price always increases by about 10-15% once dividend announced. You can check from the graph. But subsequently the price will go down again.
The land bank has to be replenished. Unfortunately most developers now are valued at discounted price.
U mean in general when a co announce dividend, share price will up 10-15%? Or u mean scientx? If it is a higher than expected dividend payout, then yes. (Increased div yield). 18June scientx announce 6sen, the share price actually dropped that day. If market value your company at a discounted price and u r holding it long term, isnt it a good buy now? Do u prefer to buy when market value it expensive? < thats when u sell. In general, property sector is pessimistic now due to drop ffrom high base effect in 2024 (post pandemic ppl bought property) and economic slowdown due to macroeconomic factors, locally - sst expansion, increase in raw material cost, increase in labour cost, etc. btw, scientx has risen around 8% from rm3.13 (prior result) to today rm3.39
Exactly div v low compared with banking sector like Maybank, Cimb , Kenanga ,Bimb etc practically all exceeding 6%unlike Scientex only pay out at 3+ %! Which is v low . Unless stock price can assume part of the rise , there is no way to compare if going for long term investment
U need to make up your mind, if u want a dividend counter w relatively stable share price, go for those banking sector u mentioned. Stocks like scientx has higher volatility in share price, which means one investor may earn a lot while another may lose a lot - depending on their entry points. When an investor buy now, most dont emphasize on the 6 sen dividend, they hope for capital appreciation.
In another word, if u buy maybank today, u are fairly certain that after 1 year, the share price would be RM9.85 +/- 7% (RM9.15 to RM10.55). If u buy scientx today, it is harder to predict the range - RM3.46 +/- 20% (RM2.8 to RM4.15).
20th Sept 25. Recent Qeps 9.9c is a cause for celebration for those who took "all in" position at 330c zone. Good run from near 311c over three sessions to 350c.
Cautiously optimistic in 2025 as highest residential overhang are Kuala Lumpur, Perak, Johor, Penang and Selangor. Pls do your own due diligence, ok.