Anyone mind to share why Bstead got attention of some sifus here ? Is it because:
1)the interim report is coming soon and possibility of dividend
2)the current rights issue pulled down the price
3)cheap (in terms of PE)
4)the bstead-or mentioned by lklatmy (is it a warrant ?)
5)other reason...

thank you

Construction is a dangerous area to be in particularly in Malaysia, as it is more political linked, contract awarded etc issue are highly depended on political decision. While some company exist just based on favourism of the political decision, not surviving and competiting in the market on its own.

Not to say all construction is bad, just highlight the risk of it.

Over the long term, it is always those consumer related, hard asset related (including plantation) are the one that actually give good return rate in term of dividend besides the capital appreciation side. Finance can be dangerous as well, must pick the one really good one, as finance company as shown in lastest finance crisis can be vulnerable to any fallout in economy. A surge of NPL can bring down the 100 years old finance company overnight.

I like Bstead bcoz it's my second lover and mainly because it is giving good div + with the current price (I sold at RM4.5, bought at Rm1.5), I think it will not fall back to the first time when I bought. Not sure about others.

Very interesting insights.
Thank you....

I'm not that into construction, but for financial counters, I believe some still worth to buy with the div yield as bonus while waiting for the Bull to return. Plantation is a sure thing

it's just that right now, Bstead's looking cheap after the rights issue. still deciding whether plantation or construction.

ops i quote the wrong one.

This post has been edited by teehk_tee: Aug 17 2009, 11:34 PM

Cherroy already provide some insights

but I still like WCT. love it to bits

Is hard asset related includes properties??

Btw today is a nightmare to me as I play contra with LionInd and didn't manage to sell it on Friday

KNM n Scomi just plain sucks

This post has been edited by kroegand: Aug 17 2009, 11:37 PM

If you think now is sux, wait later when you see tomolo. Your heart will jump out

haha it's ok, have confidence in your counters! i'm also stuck on KNM.

WCT is a great counter to hold...I got a stack of it sitting in the cupboard - for a rainy day

hehe, with this recent downtrend, WCT's in my shopping cart already.

DJ rebounding

Opening price was -1.8%

Now is -1.79%

This post has been edited by debbieyss: Aug 17 2009, 11:41 PM

thanks for all the feedback...

Bstead's 1st quarter earning droped significantly though, from usual 20+ cents to 9cents... not being pessimist but i think this year's PER and Div may be affected...

me choosing a plantation stock too, so far BKawan and Bstead seems quite good.
Lembaga Tabung Angkatan Tentera is the major shareholder of Bstead...

hope can squeeze enough money to buy some ...
and need to set aside some for taiko Maxis...

Plan to hibernate until Thursday and pray hard market bounce back

Wonder what will happen to AXIATA if/when Maxis lists....
Think we can forget about DIGi.....
Dog counter anyway.....

if DJIA can crawl back to 2digit loss, i wonder if asia will be green tomorrow...

Don't worry - can hold for the long term...
Also -better to wait and see.

I always think that those who try to "call" the market risk looking plain dumb when they are wrong and either lucky or smug if they are right.....

Hope this correction shake those high dividend stock.