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Though I am holding Scientex, but this dividend won't be able to lift the stock too much. The company must perform better especially the packaging sector.
Land acquisition comes at a cost. The interest, the cost of holding the land will continue to increase unless the economy recovers
Susan dear. Unlikely for PJ to pump the share price to 400c and beyond. Momentum vanishing. More likely for share prices to slide to previous low. Trade with caution. Cheers
yes, the support at 30 september (RM3.60) has been broken and now becomes a resistance. trade with caution. I have cleared my position last week and continue to observe.
When can get dividend? Have to hold the stock till at least on ex-date (7/1/2026). Then u are entitled to. U will get paid on 23/7/2026. Depends on your broker. May delay 1-2 working days
The mgt under Lim Peng Cheong is under going a bad patch and he has a hard time to rejuvenate the co to its former self , strong , aggressive in her approach to new business
model apart from the old method of conservative approach !
Scientex has 2 streams of income . One from packaging n the other is from property development. Income from both has strengthened Scientex financial position h
It has dropped from 4.66 to the present level just becoz its packaging is going thru a bad patch . Property is doing well but can’t compensate the loss in manufacturing! Thus its stock price plummeted to its ebb !
