Today is a special day of the year, 12.12.12. However, it has no relation to the market performance.
After holding Glomac for 21 months, I have decided to sell off Glomac to increase my cash on hand. I sold it at 0.82, slightly lower than my entry price. In that 21 months, I received at least 3 times of dividend, yielding approximately 5% per year.
Showing posts with label Glomac. Show all posts
Showing posts with label Glomac. Show all posts
Wednesday, December 12, 2012
Tuesday, December 4, 2012
Received Glomac Dividend - 4th December 2012
It's almost the end of 2012 and today I received the taxable 2.75cents Glomac dividend. It just reported its 2nd quarter earnings which is slightly higher than previous year's 2nd quarter. Since the ex-date of the dividend, the share price of Glomac has dropped a few cents but overall is stable. This stock is definitely good for dividend hunters that are looking for yield higher than Fixed Deposit. Otherwise, one really needs a lot of patience if one is expecting capital gain.
Monday, June 25, 2012
Dividend Received in June
The KLSE has been very resilient against overall market in general. One can only attribute this to the strong support by EPF for the upcoming General Election.
For the month of June, I received 2 dividends, Gunung and Glomac. Gunung's single-tier dividend amounted to 1cent per share while Glomac's dividend amount to 2.75 cents per share less 25% tax.
My IPO application for Felda Global Ventures Holdings Berhad has also failed. The wait continues...
For the month of June, I received 2 dividends, Gunung and Glomac. Gunung's single-tier dividend amounted to 1cent per share while Glomac's dividend amount to 2.75 cents per share less 25% tax.
My IPO application for Felda Global Ventures Holdings Berhad has also failed. The wait continues...
Friday, October 14, 2011
Another dividend received - Glomac
Actually, I received the email notification on October 6th but unable to check my email as I was hospitalized due to high fever for the next one week. The dividend this time is by Glomac, a final dividend of 5cents per share less 25% income tax.
Shortly after the dividend, the share is subdivided into half, meaning if you own 1 share before the subdivision, you will now have 2 share after the subdivision, which also explains the price goes in half.
Shortly after the dividend, the share is subdivided into half, meaning if you own 1 share before the subdivision, you will now have 2 share after the subdivision, which also explains the price goes in half.
Thursday, February 24, 2011
Bought Glomac today, 24th February 2011
Another order got matched immediately, Glomac @ 1.72. In fact, due to network lag, it got double matched, means I bought double the volume of my original intention. Will try to contra off whenever opportunity arises.
Why Glomac ?
1. Low PE
2. The boss is actively buying
3. Growth
Why Glomac ?
1. Low PE
2. The boss is actively buying
3. Growth
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