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very strange why this type of stock is not moving at all...
giving dividend every yr....but the price is stagnant for so long
Hi, Nera Tel had declared a dividend of S$0.03 on 13 February 2007 (payable 18 May 2007). The stock price is now at S$0.385. Anybody here does a coverage for this stock? I suppose to depend on capital gain for this stock is not too bright because it's price has been stagnant at this level for quite some time already but, the dividend yield of about 7.8% is quite attractive. Any comments?
