Hi guys… I’m new here & to the stocks as well…
Was just wondering what u guys think of Boustead? The price ex-rights has been falling off a cliff, (a 10-15cent cliff that is) for the past 3-4 weeks…Is it because of the general weakness in the plantation sector currently or are ppl really worried about Boustead’s high gearing? I hope it is the former…
Anyways, been following this forum for quite some time, learned a lot from u ppl….

well, i do have some boustead... thought it was attractive enough at rm3.53 before the ex-date for the dividend... so sad to say, im not a virgin in the stockmarket anymore... so kinda thinking if itz wise to average down nw....

oh ok... i was thinking of averaging down as the payment date of the dividend is on the 5th of oct... Maybe LTAT & other major shareholders might reinvest the dividends into Boustead n jack up the price, but well this COULD be another whacky reasoning from me... lol..
neways, thanks for ur input... much appreciate it....