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Bisaam Jebat
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Looking forward to Sorento鈥檚 transfer to Main Board this year 馃憤
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Divine
hope next quarter able to distribute dividend too
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Lemonpie
they gt dividend payout policy, i think they will distribute
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Aubree Yap
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Sorento got RM50.6 million cash on hand, but only RM3.3 million debt. Balance sheet very solid, can say relatively safe investment
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Tai Chin Fang
After moving to the main board, maybe can see 75 cents or higher
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Aubree Yap
This could be a good time to pick up some shares
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Dorothy Ling
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This counter may have some good movement coming in August
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Dorothy Ling
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Nice momentum. Looks like breakout has begun
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Divine
bought it at 0.630 yesterday add up
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Dorothy Ling
Price correction after a rally. Normal stock price movement
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Tai Chin Fang
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Hope 65 cents can hold up well and act as solid support this round
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Handie Sam
Doesn't look like there's much selling left. No retracement also, should be alright
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Aubree Yap
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Dividend received, can top up some more already
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Divine
every quarter also distributing dividend, good stock
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Tai Chin Fang
Sorento is sticking to its dividend policy of paying out 30% of its annual net profit as dividends
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Dorothy Ling
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The Q3 report was out. Revenue and net profit came in slightly lower, mainly due to longer business closures during the Chinese New Year and Hari Raya festive seasons, along with higher operating expenses
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Previous replies (8)
Lemonpie
The dividend payment date is on 26 june
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Divine
waiting to receive dividend money and reinvest again
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Divine
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waiting for descending triangle breakout at 0.660
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Divine
starting to rise back up, is it going to break the triangle line?
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Ketchup
yes and it鈥檚 time to back to 0.700 let鈥檚 go
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Tai Chin Fang
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A stronger Ringgit is good for Sorento because most of its inventory components are imported from China, so the company can enjoy lower procurement costs
https://www.thestar.com.my/business/business-news/2026/06/19/ringgit-opens-higher-against-us-dollar
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Aubree Yap
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Seems like Sorento is in the consolidation mode currently
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Ketchup
i dont think it will happen cause the company earning still very stable
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Aubree Yap
Don't see any downside risk now. Should be quite stable above 60 cents for now
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