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The reason people still keep for the 3sen dividend is no longer there.
Quarter profit dropped to below 25m
What’s the reason to continue holding? Don’t let loss aversion from not sellling at above 35sen to keep holding back down to below 20c.
2.25sen dividend declared. 10% dividend yield for 20sen entry.
Now at 30sen, don’t miss RM 265m payout in August. Another 10%. For those buy below 20sen, that’s 25% on dividend alone for less than one year holding.