Ah Lian?

Did you look at its recent few quarter profits?

Safe? In a way ...yes.
But how are you going to make money?

buy OSK that holding RHB shares better imo

Stable and good dividend? U can look at Nestle, Tenaga, Digi, Maybank, Pharma and Bjauto

This post has been edited by Le Don: Mar 6 2015, 08:18 AM

Huh?

How do you define stable and good dividend?

Nestle? What's the yield? Is dividends increasing or not?

Better still... I know you have BJauto but what's the yield for BJAuto?

Tenaga...not really a good yield stock

Morning guys! How's the performance of everyone? Doing good eh few days green green?

So you have graduated to become an auditor ah?

They seem to have better prospects to grow this year, which includes them being able to gain a bigger market share of clients which eventually may lead to a higher level of profit that would be reflected in the share price.

They seem to have a better level of management right now compared to CIMB that has planned to do major changes which could actually backfire.


Anyway, Boon3, which stock are you currently aiming at ?

I find your predictions/analysis to be pretty good. I might jump in the same boat as you in buying the shares that you own!

Never bothered to consider OSK much lol

Never an auditor. Still keep reading, reading, reading, preparing, preparing, preparing, sitting tight, tight, tight.

I would not disagree with your assessment on RHB.
It has relatively much smaller fewer branches than CIMB and Maybank, therefor, logically, growth in branches is not impossible.
Having said that, the issue is... I feel RHB does not want to grow.
That's my feeling and thinking (which could be wrong) ....
cos, like I said, every few years, this bank is always involved in some sort or merger/sale plan....
which means, how could the management focus on what they are doing with such a overhang issue?

I think I sell ikan one.
cos I have nothing to share.......

This post has been edited by Boon3: Mar 6 2015, 09:06 AM

LOL!!!

You don't play with any spiders?

I define stable as not having too much volatility in the stock price the past one year

I define good dividend as any stock having DY>2%

But I accept each person have their own interpretation of what is a stable stock and good dividend. Some people will demand dividend growth and high yield >4% for a stock to be considered good dividend.

Nestle DY is 3.14 and the dividends are increasing each year from 2009.

BJauto DY is 2.39. But I estimate the DPS will be higher in FY2015.

Beware auto stock...esp single-marque auto companies like BJAUTO (they're taking in Inokom too, right?)

Their profitability and earnings growth will depend much on parent Mazda pushing out attractive models that market wants.

This post has been edited by Pink Spider: Mar 6 2015, 09:19 AM

Thank you for your warning. I have stopped buying BJauto since it go above 3.20. But if there is a correction, I will buy more. Or maybe I will wait for SIME Darby Auto IPO to diversify

I see you have 11 counters. What is your opinion on diversification? Since I only have 3 counters, i am still surveying other great stocks to buy.

Diversification to me means I can go on vacation for a few days or up to a week and no need worry too much on my stocks portfolio.

All stocks are risky.

And because it is risky, a pure dividend player is seeking to get the best option for the money.
Which means, the yield they get should be more than conventional money market (FD) rate.

If the rate isn't more, why take the risk, since in the stock market, the share price CAN go down?

If you are in the market long enough..
you will hear the following....
oh I make so much dividends from this stock...
but my share price is under water......


Such scenario...
is real...
and it can happen....
if one blindly seek dividend yield......

and not forgetting...
sometimes companies...
would die die dare to ...NOT give/skip dividend ....

example? YTL Power recently (was it 2013 or 2012?)
Many assumed...
big taukeh company...
plenty of cash (plenty of debts too) ......
sure every year got dividend one......
but then..........it happened.....
no dividends were given... and the share was hit hard.

or how about the example of Petronas Dagang?
it was a constant dividend giver....
but did you see how the stock tanked?

But note, out of 11, 4 of them are REITS.
the other 7, Bursa, Digi, Karex, Taann Century, Hovid, PJDEV-wc

Got it, boon gor~
understood what you're trying to express.