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 High Dividend Counters, Better than putting in FD

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NewB-MX
post Mar 28 2012, 12:38 AM

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QUOTE(NeN51 @ Mar 16 2012, 05:04 PM)
which divvy counter has the best prospects for now? I am looking at PANAMY biggrin.gif
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Has anyone considered or any views on the following :-

(b) SEGi - growth potential with its continuous expansion, very good numbers for 2011 (increased enrollment, increased profits), and very good div

© TDM - solid and stable profits from oil palm and healthcare businesses with good div too.
NewB-MX
post Apr 25 2012, 10:35 AM

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QUOTE(skiddtrader @ Mar 28 2012, 01:14 AM)
All I can say is TDM is a great buy if you bought it below RM3. Currently quite expensive in terms of their historical valuations and will only stay this high as long as the CPO price does not collapse below RM3000. Just announced 18.5 sens dividend.
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Thanks for your views. But even at the current price TDM is still trading at a low PE of <10. Do u feel that it wouldnt be able to maintain its current good performance going forward? What about RSawit - is it a better bet than TDM?
NewB-MX
post May 15 2012, 09:19 PM

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QUOTE(skiddtrader @ Apr 26 2012, 03:01 PM)
TDM aren't really planting new fields for expansion although they have plans to do so. Meaning their profit growth is due to CPO price. So as long as CPO prices hold, they can maintain their profits but it won't grow without reason.
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U were spot on, bro. TDM just released its last Q results and sure enough profit dropped due to lower CPO prices.

Quite a number of good plantation counters have been beaten down a fair bit the past 1 weeks (like Jtiasa, SOP, TSH, THPlant & TDM). I wonder if it's a good time to load up some for med-long term holding. Any views?
NewB-MX
post May 16 2012, 07:49 PM

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QUOTE(skiddtrader @ May 15 2012, 09:42 PM)
Yeah expected results to be lower because if you checked their 3 months production from Jan to March, it is lower than last years Jan to March production. Also prices are softer then, but this quarter might see some improvement as prices have stayed above RM3200, only left to see their production figures.

If you are looking to buy TDM, you might timed it after their dividend Ex-date because prices ex dividned tend to be weaker for some reason as investors lose interest in it and traders start dumping if no activity. So there is a chance Share will dip below RM4.20 range ex dividend.
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Your words are quite prophetic although by different circumstances. Looks like plantation counters are being sold down a bit.

Hmm...it might be a bit OT but do you think that TSH has more visible earnings growth in the next few years compared to TDM? I cant quite decide which to go for. Due to limited bullets I have to choose one and in any way buying 2 in the same sector might be a bit too risky for me. Appreciate your views.

 

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