How bout high dividend countes at lower thn RM3?
Am new at divident counter, may i know the lowest best return dividend counter is which one ya?

Show me the money!! I always prefer cash than vouchers, unless the vouchers values are at least twice higher than what they would distribute as cash dividends. Reason being,.... I can reinvest my dividends. With vouchers, I can only spend.
Of the 6 counters you listed, I own shares in 2 of them. Thanks for sharing the list.

OldKidz,

You want cheap and you want good. Is there such thing in this world? There are some cheap counters giving out dividends, but not good or sustainable. I wonder why you want to risk it for a dividend play.

simplesmile,

Look at Garage Sales and you will see so many people having good business in selling those vouchers Not to say that we have to sell the vouchers, but at least they are giving us discounts as shareholders. From my calculations, the value of the vouchers would compensate for the loss in cash (think Maxim suites)

Thx Jordy for the recc's. I'll do some more reading up & studying & make my pick.... If I don't screw up massively I'll look at your recc's as well espree.

BTW, I always wondered why there was such a large seconadry market for Genting vouchers in my office.... so now I know....

I don't why want to look for price below Rm5 or Rm3.

Share price cheap or not cheap, is not really cheap or not cheap, get what I mean.

For eg. Tanjong is 15.00, so people say too expensive to buy (not necessary expensive), as 1000 share cost 15K, fair enough, but nowadays you can buy 100 shares, which means you can buy Tanjong as little as Rm1.5K!

If a share price is Rm5.00, you buy 10 lots (1,000 shares) cost 5K, then you can buy Tanjong for 300 shares, which is 4.5K. If the div yield is the same, you get the same amount of dividend cheque.

Why must look at share price alone to say it is too high/expensive to buy, it doesn't make sense to me.

Look at yield, EPS, PER, company business to sustain the div yield which is the factor to determine cheap or expensive, not share price.

If you have 10K, then you want to invested the 10K, it doesn't necessary you look for share price below Rm10 or Rm5 one. Higher price buy less unit, low price buy more unit, in the end of the day, it is the amount of money (10K) is the most important.

i just realised this fact

In a word, nervousness. As this is my first time directly entering the share market, I'm limiting the funds I'm gonna use (<20K). I'd like to split it up among AT LEAST 4 or 5 counters, 1 of which will be PB. So the lower price is an artificial/ mental limit so that I can vary my purchases, look at them again after 3-6 months (assuming no significant price movement) & evaluate whether or not to invest more in after that time.

Is there a single recomended resource I can go to to look up things like yield,EPS, PER for M'sian stocks?

This post has been edited by snowcrash: Aug 6 2009, 04:59 PM

I very agree with this point

That is because I practice it...Hehehe

Tanjong buy small lots, PBBank buy medium lots, Uchitech buy a lot of lots...

The price per share does have an influence.

1. Lower prices could lead to higher liquidity, if there are more people trading the counter due to affordability.
2. For Tanjong, minimum buy 1 lot = minimum investment is RM1,500. If a person only have extra RM500 to buy... then how? He can buy 1 lot if the price is RM5, but he can't buy Tanjong.
3. I have RM10k to invest. I could buy 6 lots for RM9k, leaving me with a balance of RM1k. What can I do with the balance RM1k? However, if I can find another counter giving the same dividend yield, but price is only RM2.20 per share, then I can buy 45 lots for RM9,900 leaving me only with a balance of RM100 not invested. So, I am able to put an extra RM900 of my money to work for me.

However, referring to point 2 above, my personal opinion is that a person with RM500 should save up several months, then only buy shares. This means you incur only 1 times brokerage & processing charges. But if you invest RM500 monthly, then you incur these charges every month. And that is a high % of fees to pay for buying RM500.

oh Jordy, thanks for ur answer. erm, i havent go into dividend counter yet, as i still doing my long way of research. now focusing on penny stock , swing trade cause my modal is js so small, start to work for around 4 months only. so saving also not much, thn i force myself to save RM500 monthly, i straight dumb into share account...

so far i earn around 20% of profit wif my playing style. swing, earn a lil profit thn ciao. thn wait for another chance.


wow, thanks for sharing. yeap it sound true here. end up is matter of how many modal u have invested.
seems like dividend has fixed to few counter, i dont think we need much research here right? it seems like a save play to hold dividend counter?
but return isnt so high?

As long as company make profit enable to pay good dividend, then it is a holding game.

Look at long term, a lot of time, a lot of time, it is the dividend stocks outshine others.
People said BAT can't move, but it has moved from 15.00 to 47.00 without calculated the annually dividend given.
People said xyz goreng stock moves faster, can easily move 10-20% in a few day, but look back, hey, ten years ago, it was 1.00, now it is 0.80, without any dividend given in between.

In stock market, any return rate in double digit in teen number is considered a good performance already.

A lot of people said those dividend stocks can't move much, and return rate is low (5-7% yield), so they opt for those penny, goreng, quick moving stock, but most ended up losing money on those stock. So if you look back, you will glad you have some stocks that lead you some net gain one.

In stock market we have several outcome after sometimes

1) loss
2) breakeven
3) Gain but low return but still higher than FD (as mentioned)
4) Gain in double digit

So if you investment fall into 3), it is not that bad. You are better than the rest of 50%. In reality, majority (>50-60%) people lose money in stock market.

BAT is a big cap company and it is considered like a Dinosaur which moving very slow and steady ..... while Penny stocks are likes small flies which movement is fast and inconsistently and some time fatigue and stop there forever where need energy booster to revive it.....

I have heard that people will sure lose money when they first step into share market...and they need to pay for school fee in order to gain the experience and knowledge.........................

but many of us using technical analysis, while probably small portion using fundamental analysis wit the combination of technical analysis...... and heard that there are ppl just a traders who use technical charts etc...can survive in share market.... so I guess they can sustain the marathon run and earn money from stock market in bear and bull times.......

2009 is the good example, where bear comes and now start the bull rally....and many of us have gone thru this 2 situations... and probably gaining profits while getting the key experience on it...
but yet....is the global economy already back to normal, are we in the recovery trends.... only economists know... probably after the facts....for me i am hoping another downturn ..as i don;t think the economy already in recovery stage....

Technical or fundamental analysis, people will lose in the bear market. You have just started during the bull run, so got analysis or not, you still will earn. Just like when I started out 10 years ago, it was just after the 1997-98 crash and the market was recovering. I hopped on without any knowledge and without analysis, still able to earn 30% in that year. But I learned my lesson soon after that during 911 that no matter what analysis you do, in such a sell-off, EVERYONE will lose.

Confidence is good in the market, but overconfidence is bad for young people like you. Survive for one year is NOTHING in stock market. You must be able to survive ALL the time to prove that you're good. Those technical analysts will only show themselves during bull run, but they hide themselves during bear market. It's all the same if you have noticed, so do not pray them like some kind of God.

But there are people always pay school fee but never graduated, no offence.

TA analysis is more suit to short term trade as it doesn't recognise the fundamental part of the stock, as over the long term it is the fundamental issue that supporting the share price.

Don't get me wrong, don't mean TA is not useful or one cannot earn from TA, just every tool is not perfect.

Sorry, I don't agree economists will know. Economists job is dissecting what had happened through data and issues, and predict what could happen based from the data but nobody knows the actual outcome will be.

In current trend, the economy situation, the more suitable word is stablising.

To say it is recovering, still a bit too pre-mature.

Just people feel better and having more hope now. Just like in football match, you lose 3-0 at half time, now it become 3-2, situation stablise and turn better, and could potential win the match, but not yet win the match, just it trend is potential heading to win the match, but still could lose the match at 3-2, or just 3-3.

So at 3-0, supporter (investors) lose hope, all cabut (investors throw like no tomorrow). But now it is 3-2, supoorter (investors) coming back, as stock is severely beaten down, so when it become normalise back, it seen like surge a lot. Just like Citi case, people will say wah, goes up 300% from 1.00 to 4.00. Is it going a lot actually? depended how one see it, if just see from few month time frame, then yes, but if see from several time frame, it was severly beaten down from 50 to 4.00, it is just in stage try to clawing back.

Just my 2cents.

A lot can be learnt, made, lost and mourned over share investment. I find very few value investors in this forum. Most chasing the heroes of the day, and some use technical analysis.

I believe all 3 are important in that sequence. If you look at shares as buying a slice of the biz, you have no reasons not to dissect the company's fundamentals. But many do not do that thoroughly vis-a-vis biz model, industry outlook, economic cycle, and with a mid-term horizon.

Having done that, the next importnat thing is to follow where the current fund flows so you can maximise your gain, and faster, albeit at heightened risk level. The ebbs and flows of market is often thematic and there are always many mini trends, and wider longer-term shifts in economic activities.

TA supposedly helps you identify entry and exit points. To me, I apply just the above 2 methods. I do not believe in TA as it defies economic reasoning by ignoring fundamentals. So I did not study any TA. Maybe it is useful to others.

At the end, your hard work, intelligence, discipline and objectivity will determine how good or lousy you are as an investor.

I would suggest you get a copy of Stock Market Performance published by Dynaquest.

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Added on August 8, 2009, 12:53 pmHi Jordy,

Just to clarify, one would get free Genting vouchers by investing in Genting or GENM (formerly RESORTS)?

This post has been edited by DanielW: Aug 8 2009, 12:53 PM

Not sure about Genting. But I can assure you that by buying GenM you will have the vouchers. Got it few times oredi

I don really agree with the idea... invest in a company in order to get those "free vouchers" Actually if you think carefully .... you have to spend more after getting the voucher....

That's why just sell off the vouchers...

The voucher can sell at what price?