Apr 7 2009, 04:01 PM
QUOTE(cherroy @ Apr 7 2009, 03:59 PM)
It is not bit by bit.
The market suddenly at one time, people don't know why everyone rushing in, sky-rocketing a few counters just in matter of minute. Like 1,2,3 everyone go.
lol i guess people are like...The market suddenly at one time, people don't know why everyone rushing in, sky-rocketing a few counters just in matter of minute. Like 1,2,3 everyone go.
see smoke means fire...
no smoke means safe...
calm ocean means safe..
irony isnt it.
buying on impulse.
Added on April 7, 2009, 4:03 pm
QUOTE(simplesmile @ Apr 7 2009, 12:45 PM)
Hahahaha. Painful la.. so many WTF-ing me.
Anyway, I didn't jump into LCL blindly. I've started to notice LCL about 1 week ago, after I bought Maybulk. At that time, LCL was already off its low. I was waiting for it to go down again after the UMNO elections. But it shot up instead.. until yesterday. So, if I don't buy now, maybe later the boat will leave without me. Sold my Maybulk to buy LCL.
Looking at their annual reports, they have been paying dividends of 10 sen (pre-tax, non tax-exempt) under the old tax structure. In 2008, maybe they won't pay dividends to conserve cash. If going forward, they continue to pay 10 sen (tax-exempt under the single tier structure), then it would be 18% dividend yield.
If I didn't plan to buy a property in these few months, I would have bought another 54,900 shares, making it a nice total 90,000 shares. Wah.. imagine every year RM9k dividend. Better than my bonus.
i can hear someone laughing very loud now...Anyway, I didn't jump into LCL blindly. I've started to notice LCL about 1 week ago, after I bought Maybulk. At that time, LCL was already off its low. I was waiting for it to go down again after the UMNO elections. But it shot up instead.. until yesterday. So, if I don't buy now, maybe later the boat will leave without me. Sold my Maybulk to buy LCL.
Looking at their annual reports, they have been paying dividends of 10 sen (pre-tax, non tax-exempt) under the old tax structure. In 2008, maybe they won't pay dividends to conserve cash. If going forward, they continue to pay 10 sen (tax-exempt under the single tier structure), then it would be 18% dividend yield.
If I didn't plan to buy a property in these few months, I would have bought another 54,900 shares, making it a nice total 90,000 shares. Wah.. imagine every year RM9k dividend. Better than my bonus.
bought LCL 0.55 now already 0.58
3c gain of 35100 is RM 1053
Congrats , taking risk just paid off.
This post has been edited by aurora97: Apr 7 2009, 04:05 PM
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