Telco. Maxis.

Still like telco although they are going thru corrections.
Buy Maxis at RM 6.66 levels. If it slides further to 6.40 then double your purchase..!

CPO price continues to slide

Price of CPO plunges to USD 800.
And dive s further to USD 760 ( RM 2,330 )
IJM Plant shares price dips ...

DIGI. What's up.?

DIGI making big moves these few days, from 4.90 to 5.30 ...
There has been talk on capital repayment of putting RM509m + RM495m back into the shareholder's pocket but the exercise date has yet to be determined ..
Dividing the amount over 7,775m shares, that works out 6.5 sen + 6.4 sen

Coupled with the estimated regular dv of 6sen x 4 quarters = 24 sen, the whole thing amounts to 37 sen
Yield = 37 / 530 = 7 percent
Analysts are generally positive on DIGI growth prospect and earnings despite intense competition.

Let's watch other telcos ...

CPO price reverses gain.

CPO price tumbled more than 4 % to USD 933 ( x 3.06 = RM 2,860 ) as Fed's stimulus rally fizzles ..
Watch out, plantation stocks ...

Share prices of TH Plant, Swk Plant, TDM, KLK and PPB weakening ..

Maybank. Johotin, Luxchem. Tomypak. Latexx

Some of the shares counters worth accumulating:

Maybank (nta 466, QQ 15.5/ 17.2/ 17.6/ 18.6sen ) Qeps improved slightly.
Announces Dv 32 sen going e. 20th Sept. Annual dv (32+36) / 915 = 7.4 % dv yield ..!

JohoTin (nta 157, QQ 3/ 0.3/ 10.2/ 5.2/ 7.5 sen) Qeps up.
Proposed rights issue with warrants

LuxChem (nta 100, QQ 4.6/ 4.3/ 3.9/ 4.9/ 4.4sen ) Qeps flat.
Annual Dv 9c/ price 126 = 7.1 % dv yield

TomyPak (nta 088, QQ 2.5/ 3.1/ 2.1/ 3.2 sen)
Annual dv 6.5c / price 100 = 6.5 % dv yield

Latexx (nta 123, QQ 7.9/ 5.2/ 0.4/ 3.7 sen)
Glovemaker with the lowest PE

GenM. HS Plant. Maxis. TM. MWE.

GenM (nta 226, Q/Q 5.5/ 6.1// 6.2/ 4.8/ 8.8sen latest) Qeps improved.
Share price surged from RM3.30 to 3.53 last week. Dv 3.8 sen going ex. on 26th Sept

HS Plant (nta 234, QQ 9.5/ 8.3/ 6.6// 5.4/ 3.9 sen) Qeps of plantation companies generally weak
Dv 6 sen going ex. 12th Sept

Maxis (nta 098, QQ 7.3/ 7.2/ 12/ 7.6/ 6.2 sen) Latest Qeps declined
Announced Dv 8 sen ex. on 12th Sept

TM (nta 234, QQ 9.5/ 8.3/ 16.7/ 7/ 9.7 ) Latest Qeps improved on HSBB Unifi
Dv 9.8 sen going ex. 12th Sept

MWE (nta 211, QQ 5.3/ 5.4/ 4.8/ 5.1/ 5.1sen) Qeps flat
Dv 6 sen ex. 5th Sept

Gratitude

Selamat Hari Raya. Berhati hati Di Jalan raya

Telcos. Digi. Maxis.

Looks like there's no stopping Digi as its share prices continue to edge up in the month of August. After a two weeks climb from RM4.50 at the beginning of the month,  the share settled at RM5.00 per piece with a gain of 50 sen or  more than 11 percent.
I'm amazed by the ascent : in such a rapid movement of almost 1 percent per day session that I quickly accumulated Digi shares, almost daily ...

What if you have missed out on this mini rally in Digi ..?
Buy some now but be prepared to average down if market turns against you ...

Maxis share prices made similar decent gain of 40 sen ( more than 6 percent <= 6.80/ 6.40) in the same two weeks period ... Phew I was right about this one when I asked some friends to buy at RM6.30 - 6.40 range and hold ...
Maxis is expected to announce its earning next week. If earnings improved with another 8 sen dividend, then watch it surpass RM 7.00 mark. Else share price may tumble.
And that's when we will be picking the shares again ...

Watch other telcos : TM and Axiata ...