Yes...catching a falling knife. Is that not what you are discussing here?

Yes. Yes. i bought during the fall. And yeah you need some capital. PLus holding power and patience.

Rm4.8

Not sure what crisis prices will be.

Yeah....no need to be so gung ho. It has not really corrected like last time. Biting a bit here and there wont hurt.

No...traded some at Rm 9

my only issue here is the reaction to the impending bad quarters due to Covid 19.

And the P/NAV is still pretty high.

That's from 2009 plus reinvesting the dividends through the years.

Actually timing was great.
I was out of the market since for a bit. So there was savings to mop up some nice shares at the sell off.

Always good to have a warchest ready always.
Therefore, took some off the table at Rm9.

Balls...yeah. Did I tell you I bought my first shares with HSBC HK in 1989 during Tiananmen massacre? Think it was like HKD4 then.

This post has been edited by prophetjul: Aug 5 2020, 07:20 PM

Be careful. Utd plantation is wrong. They did a bonus split.

MBB is the next glove counter! LOL

Maybe down to 10 cents from the previous 25 cents. Its been bad 1st half.

This is afterall an interim dividend. They could always up the final dividend if their finances permits.
If i managing, i would be pragmatic. But then, GLC is never pragmatic.

This is interim. They can adjust to that later. And i do not think its a rule. Rather a guide.

Yeah. That's the reason. Politics.

Never imagine that i would be paying interest of only 3.18% on my loan! LOL

High? What's the going rate now?

Its not so much different.

Mines is BLR 5.49 - 2.35 = 3.14% now

What bank are you using? Right now with 3.14%, i can earn much more than that with the money>

And i do not intend to be having the loan for 30 years....mostly OD any way.

This post has been edited by prophetjul: Aug 19 2020, 01:53 PM

Think people buy it for the steady dividends. Bank growth is pretty slow nowadays.

For retirees like me...steady dividends whose yields are higher than EPF and FDs.