I agree with your observation : Nowaday stock markets are full of anti-intellectualism.
But this provides long run investors good/cheap prices to buy "relatively better" stocks for long run dividends income.
Just noted 113.HK touching >HK$4.20.(Last week investors can easily bought 113.HK at <HK$4.10 while it "may" have dividend yield of 13.x%p.a. ... while many investors liked 398.HK and 1830.HK more.)
If this time 113.HK also pays special div. @HK$0.20/share, I think its share price may go up to HK$4.87 ... because at HK$4.87 it will still have ex. div. yield of 12.5%p.a.,
Billy Sir,
回覆刪除Good Morning! Good Day!^^
I agree with your observation : Nowaday stock markets are full of anti-intellectualism.
But this provides long run investors good/cheap prices to buy "relatively better" stocks for long run dividends income.
Just noted 113.HK touching >HK$4.20.(Last week investors can easily bought 113.HK at <HK$4.10 while it "may" have dividend yield of 13.x%p.a. ... while many investors liked 398.HK and 1830.HK more.)
P.S.
刪除Just guessing:~
If this time 113.HK also pays special div. @HK$0.20/share, I think its share price may go up to HK$4.87 ... because at HK$4.87 it will still have ex. div. yield of 12.5%p.a.,
HK$0.55/(HKHK$4.87 - HK$0.47) x 100% = 12.5%p.a.
Other selling points of 113.HK:~
刪除1. It can be privatized by the major shareholder: Sir Dickson Poon. 113.HK is attractive cause it is "cash rich".
2. it may declare to exercise "share buybacks" again. It had done so over past few years.
thanks
刪除373.HK has "positive profit alert" ... because of 086.HK's 4-months plentiful operating results.^^
回覆刪除P.S.
刪除I prefer 086.HK rather than 373.HK.
086.HK may pay more dividends in this year, maybe HK$0.14 + HK$0.16 = HK$0.30/share.
If so, 086.HK may touch HK$5 or even standing at >HK$5. Its expected dividend yield would be HK$0.30/HK$5.00 x 100% = 6%p.a.
I predict 086.HK's NAV shall be at HK12~13/share at end of 2021.
Thanks again
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