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.
zomg... lol definately have to put LCL under the microscope...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.
atm i am deciding what to buy OSK, LCL and Bjtoto (last option Bursa).. being less hassle, volume not an issue and some returns along the lines even when times are bad...
currently focusing just on two counters Reosrts & TM, this two are now on auto pilot very little attntion.
i think i can take on one more counter, just which one i don't know... yet.
Apr 7 2009, 12:50 PM

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