Sunday, April 12, 2009

Bought YTLPower


Bought YTLP 1.91 last thursday. Backhand?..i will scan the slip once i receive the mail. I like thier business, well managed and good dividend. Why now...my hey day already over..no time to monitor the market at the moment. Ytlp looks stable and protected with high dividend yield. Im monitoring NSTP and YHS since past few days. NSTP going to pay an attractive dividend by the end of this month. Hope i could buy at nice price. If market goes against me, holding NSTP is not a bad idea. NTA RM4.++ ,borrowing decreased from RM129m to RM29.8m. Sales of Berita Harian and Harian looks improving.Somemore recommended by grahamsmun in investlah.

TA wise..NSTP looks already broken above downtrend line.

Company Name
:
THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD
Stock Name
:
NSTP
Date Announced
:
07/04/2009


EX-date
:
28/04/2009
Entitlement date
:
30/04/2009
Entitlement time
:
05:00:00 PM
Entitlement subject
:
First and Final Dividend
Entitlement description
:
This first and final dividend of 8 sen per share less 25% tax for the financial year ended 31 December 2008 is subject to shareholders' approval at the Thirty-seventh Annual General Meeting to be held on 29 April 2009.




The last time im in Malaysia was last september 2007. One thing i've noticed is Yeo's brands nowday are everywhere. Could be bias thou since i love their soymilk.Dividend also looks attractive. No short term borrowing..hmmm.Share performance looks a bit coma..but better coma than kaput. YHS going to pay 0.06sen final dividend next week. too late i guess.


update: Just finished reading ZL"s latest post. SAAG also now under my radar.

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