QUOTE(simplesmile @ Mar 27 2009, 04:07 PM)
I think ppl rushing to buy Uchi for its 6 sen tax exempt dividend.
If price is RM1.00, then the dividend will yield 6%
Look at Maybulk, dividend 30 sen, after 26% tax will receive 22.2 sen.
At price RM3.00, then the dividend will yield 7.4%
So... you still want to rush to buy Uchi? Why never consider Maybulk?
I missed out on the Maybulk boat a few months back when it was trading around 2.1x. I was waiting for it to drop to 2.00 before I buy. But the price just kept shooting up.
it's single tier FYI if i'm not mistaken... so the yield is 10% even @3 If price is RM1.00, then the dividend will yield 6%
Look at Maybulk, dividend 30 sen, after 26% tax will receive 22.2 sen.
At price RM3.00, then the dividend will yield 7.4%
So... you still want to rush to buy Uchi? Why never consider Maybulk?
I missed out on the Maybulk boat a few months back when it was trading around 2.1x. I was waiting for it to drop to 2.00 before I buy. But the price just kept shooting up.
Mar 27 2009, 04:25 PM

Quote
0.0202sec
0.14
7 queries
GZIP Disabled