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Quarter result will be crap, you can wait for that and buy when it drops further. Cash rich company, consistent dividends, auto sector will recover second half.
We have to ask ourselves, will you buy car now? Or in the next 6 months? If majority say no, then the car demand will not be good bcos everyone is worried about if they can secure the job for next 6 months. I like this stock but, we have to observe the market.
Automobile won't be good for this year but this company is generous to distribute attractive DY to shareholders, that's the reason ppl like to give an eye of it