Tuesday, April 20, 2010

Now , It's Time to Focus On Good Dividend Stocks!(KLSE Stock)

After steep lost in Wall Street on Monday, there is a little breath, when the stocks slowly recovered. But there is still not enough to convince some of the investors.Everybody now is looking for the next upside resistance some where around 11,150, that is for the Dow Jones Industrial Average(DJIA). They also waiting for no news that is bad news.
Our Klse also standing on look and see. No fresh leads to trigger the investors. After all some of them has already grapped profits when the Composite Index  touched  the highest level on April the 7th 2010. On that day the highest it achieved was 1147.61 before closed at 1345.09. The closing index for yesterday was 1335.90. Another 10 pts more to overtake 1345.07, the nearest resistance forecast. The volume was small and only a few counters that was actively played!
Most counters looked bearish, and some few are still on the safe border. But still has no power such as Hirotako, Arank, Cscstel, MMC Coperation, Natbio,Nstp,Mulphal, JCY and may be a few others that are not in my list.
I just want to focus on a counter, like Cscstel (5094), because this counter is going to give good dividends some time on 12 th July. The last date to collect the script is on 28th of June 2010. After deduction of tax , the qualified some that we could get per share is approximately RM150.00. I don't know whether, this is the right time to buy or not, but the next focus is 1.98. Today(11.54 a.m) 1 unit was bought at that price, who ever the buyer is, that is very funny. The Klse should endorse that! The sellers are great at 2.00(3929).
The indications look strange and anonymous!

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