Jan 22 Performance

SHARES ADDED

• Hevea (average down)
• MagniTech
• WellCall (Top up @ RM1.20)
• CSC Steel (@RM1.30)

PACKAGING

Packaging generally flat. Hopefully Q4 results will be good and expecting some dividen from both companies.

 

FURNITURE

LiiHen sprang a surprise by annoucing bonus issue of 2 for 1. Share price jumped 30 cents from RM2.70 when bonuse issue was announced.  Poh Huat remain flat. Hevea is still hovering around 46 cents. Price seems to be stable at this range and hence decided to average down by adding some more shares.

PLANTATION

Both INNOPRISE and HSPlant look good as dividen is coming soon. HSPlant may annouce higher dividen as profit is reaching record high.  

OTHER

SamChem is good for technical play. Price is trending up and will take profit when reach RM1.00.

CSC Steel is another technical play with 7 cent dividen coming. WellCall has pulled back after appreciated about 30%. Price down to RM1.20 and managed to top up some at this level. Since then price going up again to RM1.26. WellCall is constantly paying out dividen. ATRIUM has annouced Q4 results and 2.55 cent dividen. 

FINANCE

This sector is flat. RCE has been dropping after bonus issue. Takaful is no change but 12 cents dividen has been received in January 2022.