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well, i hope price will not go lower than rm1.20. based on pe 10, gkent should worth rm 2.20. at current price, DY is 6%. and I believe value investor will buy now. then price should reverse.
@Harapan Trader, my opinion is that...investment is partly about risk management. I believe GKENT has potential overseas as well. at this price, we get reasonable dividend. so myself only put in 2k out of 30k capital. when I invest, I expect the worst and hope for the best. so use 2k to earn 5% dividend each year, and price might back to its peak @ 4. if price go down, I am willing to top up if business is still good. it is just people over react. I also diversify into other companies as well.