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Dropped due to dividends falling from 6.6c to 2.25c, caused by the huge CAPEX required for the Sg Rasau project - expected to complete in Q1 2027. Taliworks' business is mainly water treatment, highway operation, waste management and solar farm, which is not affected by the war. Once Sg Rasau project is completed, cash flow will normalize, dividends go back up and so will the share price. At the current price of 0.42 and if dividend goes back up to 0.04 in 2027, the yield will be 9.5%!
I have already explained so clearly above and it's also in their QR - dividend and hence, share price will normalize after Sg Rasau project completion in Q1 2027!
Take this opportunity to buy now at fire sale price from impatient investors and get paid 0.03 dividends while waiting for Q1 2027. Look at the repeated selling of 60 lot trades - it's algo selling by an institutional seller.
Nobody knows where the bottom is - not even Warren Buffet buys at the absolute bottom. If you believe that the dividend can go back to 0.04 in 2027, then buying at the current price will give you >10% dividend yield - you don't need to buy at the absolute bottom.
Then maybe you shouldn't invest and should just put your money in EPF or fixed price ASM unit trust - less stressful. Because even if it drops to 0.05, it can still drop to a new bottom if Iran suddenly launches a nuclear bomb.
