Stock market V21, Huge Stimulus Age
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 Feb 18 2009, 05:04 PM
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#1
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Staff
7,533 posts Joined: Sep 2005 From: Lowyat.net Malaysia Sex: Yes please  
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just wanna check, why people say KNM is pure goreng, correct me if i'm wrong.
Their dividend is 4 cents. So lets say i invest about RM 1k, per year i get 0.04 x 2400 = RM 96 RM 96 / RM 1000 = about 9% returns. Isnt that pretty good? compared to standard cash deposit's returns? This post has been edited by Baronic: Feb 18 2009, 05:05 PM |
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Feb 18 2009, 05:12 PM
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#2
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Staff
7,533 posts Joined: Sep 2005 From: Lowyat.net Malaysia Sex: Yes please
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QUOTE(panasonic88 @ Feb 18 2009, 05:10 PM) only if they could sustain the dividend payout. point taken. but they havent issued new shares or anything major like that right? would it be safe to assume that dividends will be at least 3 cents? if all goes well with the stimulus and all.note that they gave 4 sens during 2008, that time KNM price was around 1.80-2.00. you're getting 2% only, and that's before minus the 26% tax. KNM today's closing price is 0.42  This post has been edited by Baronic: Feb 18 2009, 05:13 PM |
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