In the old days where people were just having limited choice of RTM/TV3/TV8, that makes Astro the satellite TV a darling in almost every home. Now come to the era of broad band, high speed internet, IOT, 5G... Astro lost its shine as it stay in comfort zone for too long till they didnt see what is coming.
Keeping long or short, is very much depends on individual goal.
End of the day, what is the reason you buy a share? for making profit out from your investment. There will comes a time you need to cash out for own enjoyment, keeping long and endless is not making sense and you will just a slave to work for money but dont get to enjoy.
China EV industry already get hit by Tesla price cut, my bro They are now in very narrow profit margin just in order to survive, there was over 500 EV brands in China and now slowly reducing to just those who fit to survive.
the past attempt failed where UMW proposed to acquire mbmr 20% stake in Perodua, it was told that the other Japanese shareholder opposed the proposal as they do not want a single controlling shareholder. This is not because mbmr do not want to sell.
@ ChloeTai , you can read from the detail on entitlement for dividend.
you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on ex-Date. On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
@ James : Malaysia gov hv no extra money to support another failure of national car industry!
Today the gov is no longer needed to fork out money to support Proton, because it is now under Geely and they are already in profit and record sales with success in X90, X70 and X50. Perodua on the other hand, is top sales for local car brand, they are in huge profit since many years ago. Pls get your facts right.
@ James : With the high interest rate environment and heat up competition among other car markers, it is difficult for Perodua to break the previous peak of car sales
Perodua is no.1 in local car market due to affordability and low cost option for public. If high interest rate the one get hit first are probably those higher price car, not the reverse. Difficult economy environment may just boost more sales to Perodua due to the fact our public transport system are not as good as neighbor country.
we cannot take MSM to compare with MBMR, they are not in same industry my bro...personally i dont agree that monopoly business is outshine others. MSM pls look at bigger picture, in 10 yrs chart it actually dropped from peak RM4.90 to now RM1.31 ....DY was almost zero since 2017. If really want to just pick 1 stock among 2, i would rather chose MBMR on consistent dividend return. Dont get fooled by the word because it is monopoly so sure better. No such thing
it will not few years. Just few months. If you are Sime you have transact that much of money you wont wait that long also. UMW business is huge profitable, Toyota and Perodua already capture over 50% of car market.
that is just part of CSR social responsibility to sell low cost model for B40. This is not for making money. We should appreciate Perodua is kind enough to roll out affordable model, not even Proton able do that.
@ Go lucky Happy , i suggest you go understand the latest court case filed, what do you mean is outside matter between the CEO and Mi Technovation as it doesn't involved with the company? The latest court case is about inter-alia for Breach of Confidential Information, Copyright Infringement, Patent Infringement, Conspiracy to Injure and Unlawful Interference with Trade. 9 defendants been named as well as all EDELTEQ company and its subsidairies. This is no longer outside matter in between CEO and MI Technovation. On 27 July 2023, vide the Companies’ Notice of Application (ex-parte), the Penang High Court granted an Anton Piller Order allowing the Companies’ solicitors and independent experts to enter the Defendants’ corporate premises for the purposes of searching for listed items allowed by the Anton Piller Order. The said Order was executed and commenced on 31 July 2023 and is on-going. In simple terms the company been searching for evidence of copyright, patent infringement. As for normal investors, the advise is to step sideline as we never know what would be the next thing to happen.