As posted in my previous post that predicts TM will distribute the special dividend, TM announced its 29 sen capital distribution and 13.1 sen dividend.
My take on TM:
1. If my investment time horizon is short term, it's time to take profit since the news already out.
2. But if you are long time investor, just keep this share since it kees giving dividend year in year out. Gross dividend yearly about 26 sen, should maintain at least for the next 2 years.
3. Long term growth coming from UniFi, this high speed broadband thing should be successful for TM due to Malaysian hunger for speed. With more and more people addicted to Facebook and Youtube, there seems like the demand is there for TM.
This blog is related to observations regarding stocks traded in Malaysia. Disclaimer: The company analysis that appear in this blog is merely facts gathered from different sources and the author's personal view. It is not a buy or sell recommendation. The author do not guarantee the accuracy of the facts being presented. Please consult your investment advisors before acting on any information provided by the analysis above.
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