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We are the only two 0.5¢-PA buyers in the whole of Malaysia -- e.g., just a few months ago, I bought more than 10,000,000 shares, which propelled PA within the top-30 counters by volume in a single morning, haha:)
Assuming GENM issues a 10¢ dividend for 2025, my "interest rate" will be 6.6%, which is higher than Bank Negara's 3% (depreciated in the future due to bad economy), for a RM1.52 cost. So, no worries la for cash-rich people like me:)
By the way, despite poor current quarter for most companies, Focus's gross margin is still over 50%! It is almost imposible, since at least Jan 2019, for Focus not to be a cash cow at any quarter, haha:) Both Gentings have faltered, but not Focus!
Zombie Cane no reply -- must be jealous I still have so much cash to buy GENM, hahaha:) Poor people who have no holding power should stay away from any stock market:)
Since there are no other blue chips in distress now, my next move is the very cheap Focus mothers at 1.5¢ -- can you stop me from buying them? I guess not, hahaha:) If you are smart in predicting world events and analyzing financial results, you are always better off than the zombie above in investing, hehehe:)
I am still holding most of 0.5¢ PA, mind you, hahaha:) But, a dumbo like you is holding PA way, way above 0.5¢, hahaha:) My attention recently has been drawn to GENM at an average price of RM1.52, which gives me a nice profit, hehehe:) You just cannot be jealous that I have so much cash ready when an opportunity knocks, hahaha:) This is my second time of buying Genting stocks; the last time was during the MCO period -- another opportunity, hehehe:)
Assuming the dividend was 10¢ for 2025, the "interest rate" would be 6.85% and much higher than Bank Negara's 3%, which could be lower in the future as our economy is declining!