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Nothing special n exciting about so call dividends of 33 & 6% last year n just declared 6% n another ?% for this year 2024 & another ?% in 2025 purportedly reducing share capital but instead giving back money to us. Bought at IPO price at Rm1.20 went up to 1.26 n then gradually slid down to very low price despite houses selling very good n making huge profits but no dividends issued for years but only recently. After giving out price of 0.70 then dropped to 0.30. Now it’s 0.32! Price until now can’t go back to Rm1.20 IPO price. Add 0.33+6+6+?+0.32= still below Rm1.00. Learn that office management expenses are high n every year report was negative up till now
Give the management team a chance to prove themselves the next few years. It's debt free now; interest rates should gradually come down and property demand would probably increase in the next two years
not happy mah sell lo.. easy to comment when it's not us managing a multi billion business. put only a few grand in stock market and suddenly as a minor shareholder can start comment this n that. my view is always simple. if not happy performance, sell it.. if not happy with dividend or price, sell it.. don't hold while commenting negative sentiments and then what u hope to achieve through this act ? sell fear ?
