QUOTE(panasonic88 @ Mar 8 2008, 12:29 PM)
thanks for you guys input, appreciate it, as i am still hesitating:
1. is BURSA worth keeping? (as mid term investment)
2. is the current price OK to buy?
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got some info here...
can use it as a reference
like i said before, BURSA price follows CI movement
CODE
06/2005 RM 3.40 KLCI 870
12/2005 RM 3.70 KLCI 895
06/2006 RM 5.50 KLCI 930
12/2006 RM 7.00 KLCI 1090
06/2007 RM 12.00 KLCI 1360
10/2007 RM 16.00 KLCI 1411
Bursa share price has high correlation with the stock market movement and volume. So if one think the market will have a bull run in near future, (as bul run always associated with volume increment), then it might be a good buy. But if in near future, stock market is drifting lower one, then it has more room for the down side.
Don't look at its previous dividend for the dividend yield calculation as previous there are some special dividend or more accurately capital repayment which make the total 'dividend' higher. We should look at its EPS as a future guide of potential dividend.
This post has been edited by cherroy: Mar 8 2008, 03:43 PM