13 Dec
Posted by spBlogger as Stock
As expected… Tanjong 3rd quarter revenue is about the same as last year ~ RM985,175,000 (RM986,513,000 on year 2008). However the net profit @ RM177,763,000 compare to year 2008 @ RM97,127,000. And Tanjong declares same dividend at 17.50 cents.

Tanjong stock price from 1 October 2009 to 11 December 2009
I mentioned that Tanjong plc can go pass RM16.00 on last quarter result announcement. I did not manage to buy it again after sold at RM16.66. Will Tanjong go up again? Should I buy again like last time?
By the way, the latest dividend info.
Entitlement Date and Time: 04/01/2010 05:00 PM
EX Date: 30/12/2009
Payment Date: 15/01/2010
Tags: Stock, Tanjong, Tanjong Plc
With the PE of more than 10 and if it sustains its earning in next quater, I guess it would go up > RM18.00… just my 2 cents.. ha
I will go in when the PE is at below 14, meaning that the when the price is at rm16.10, it shall trigger a BUY call for me.
Yeah… Let’s wait for it. Will buy again when it below RM16.00. Even better below RM15.50 (but this price hard to reach if no temp economy crisis)
rm16 before the dividend ex-date will be a good buy. Let see.