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The dividend is around 5%. not bad at all for a cheap stock. Buying more.
Super slow is good. treat it as a savings account.
I dont really agree cos UOB and UOBKH is considered Quasi government. Hell all local banks in Singapore is Quasi government. So its doesnt have an owner only direction giver. I dont like SPH cos the person running the show isnt suitable doesnt have the background on running such a big company like Ho Ching. I dont care how many experts they can hire it still boils down to the man or woman running the show and giving directions not the " EXPERTS" .
Example Toyota is owned by the japanese FAMILY but the persons running the show is americans directions given by the grandfather of the family. How i know. Cos one of his grandson in law is a class mate of mine. His father in law told him on his wedding day that he will have share in Toyota but will never have a say in the company. Thats how it should be not by appiontment but by merits and strengthes.
Juzztrade ( Date: 31-Mar-2011 12:16) Posted:
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For retirement supplementary income, sph is not bad
Dun buy company which has a owner
My opinion only
alianto1969 ( Date: 31-Mar-2011 11:29) Posted:
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This counter to me is a retirement fund counter cos it doesnt stop its dividend payments and its stable also it has uob as mountain back. But too bad its movement is supoer slow hehehe. Bought quite a no in 2009.
lol
What do you guys think of this counter? got potential? CD also coming soon. 9 cents.
why?
Anyone bought this counter?