Apollo business is so steady and stable. (No new business model also) So don't expect the price to volatile too much. It's a good stock for collecting dividen.

It's one of the stock that you no need to monitor & worry IF you are trapped on an island for 5 years. Unless we, gave up on eating biscuits.

muahaha,

Remiser: har Appllo? buy from grocery or supermarket biscuit section la

You can also consider Panamy if the price drops below RM11.

For last 2 years the dividen was RM1.15/RM1 share. Interim dividen declared RM0.15 payable in January 2008. This is peanuts tho for a RM11 share.

Last October they declared final dividen of RM1 TE and after price adjustment it was about RM10.70 now it is RM11.70.

To me the dividen payout by Panamy is better than PBBank based on present market price and PB divided were previosly not TE.

well apollo kinda famous for sometime already. even when i was like 6 to 7 years ago already heard in the klse

hw can i get started on all of these things?want to buy these stocks...but not muc idea on how can i do so with the lowest cost?

it's not that hard razorblade, go to any of those investment banks and open a CDS account, they will normally assign a remisier or agent for you.

that's the best way to start, talk to those remisiers, see how you can start with a small capital and what are the right stocks to put your money in.

most of these investment houses have analysts that would constantly let these guys knw the upcoming trend and so on, so you can be a lot more safer that way.

work your way up, put in more money like on a monthly basis and before you know it, you'll get sick and tired of a remisier and you can open an online trading account, with any of those investment banks and trade on your own.

Of course that would need some more experience, so my advice is read up on the stock market learn how to analyse companies, buy some books on these stuff, they work well.

In fact, you could perhaps start by working on some books and virtual share market games to improve your skills.

and of course visit this forum often, all the experts are here, im nt one of them though..

Ps. Investment banks : CIMB, MIMB, Kenanga, etc;

Hope it helps.

That's why I had kept it for 7-8 years now.
(To be honest, I also forget which year I bought it already, need to search out from the stack of contract note to know, don't bother much already, , should be around 1999-2000)

The tax exemption because it is giving out its reserves cash also got lot of tax credit.

Based on my lastest known, Panamy has about RM7.++/share in cash. It is a cash rich company that's why it able to give out generous dividend in term of special dividend.

Not meant to recommend it, judge your own.

This post has been edited by cherroy: Dec 29 2007, 03:16 PM

Wow...how many PANAMY have you been holding ???? Holding for so long, i guess you must has been gotten back your capital with the generous dividend pay out all these years...Mr. Fatt ler....i wish i had hold that long as well....

Not only he got back his capital, if he bought in early 1999 the share price also appreciated more than 100%. So he got more then 150% returns

The main objective of buying high paying dividen stock is for the dividen and therefore to keep for long duration. As the thread topic mentioned, better then FD

This post has been edited by Gen-X: Dec 29 2007, 08:03 PM

This is the seven years of data for PANAMY...if captured at RM8 seven years back...i believed now whatever you are holding is free units

For dividend stock, it is indeed boring if you want to see price appreciation like those CW movement. Hardly move throughout. Only move when dividend is going to be announcement or announced.

It is a patient game. If a stock is carrying 7%+, after 10 years of holding and getting this kind of dividend, it is basically a 'free' unit already as you already capture all your initial capital back through dividend. Whatever left in the stock price is your gain. That's why don't bother about its share price anymore, as long it still give relative good yield based on the current price, there is no reason to sell it, until its show sign of financial result declining which not able to sustain its high dividend yield.

FYI, Panamy did have some problem of its financial result during around 2003-2004 (can't remember correctly which year), it registered losses at this period due to unprofitability of the washing machine sector which after spin off this factory then it turns into healthy profitibilty level again.

how to calculate dividend?
let say i brought 1000 @ RM1
announce 10% dividend?
how much would i get?

1st depend on par value - if rm 1 then you get 10 sen per share, if par value 25 sen then you get 2.5 sen per share

then you take the amount and then multiply by no. of share - taking your example, assuming par value is rm 1, then you will get rm 100

don't forget, if there is corporate tax, then they will deduct it at source - so if at 27% tax rate, then you get only rm 73

anyway to get the tax back?

let say par value is 1
so i buy 1000 @ RM1

how to calc?

eh, thought i gave answer already - rm 100

assuming the dividend is tax-free, then your average price per share is adjusted to rm. 0..90 (rm 1.00 - rm 0.10)

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Added on January 3, 2008, 10:24 amwith new budget no ; previously you can use it as tax credit to offset tax payable

This post has been edited by KingRichard: Jan 3 2008, 10:24 AM

so it wont calc but the cost of the share but amount of the share rite?

dividend received = dividend rate per share x no. of share

then you use the amount received and subtract from your share cost to get the adjusted rate

This post has been edited by KingRichard: Jan 3 2008, 10:27 AM

oooo i tot i can get the Dividend Cash lolx
it will reduce the avg price i brought ..oic....

you get the dividend in cheque or transfer into account

i use it in my calculations as a method to reduce my average share price - you can always spend it, and not take it into account when calculating profit/loss