Do not catch a falling knife
$Aztech Gbl (8AZ.SG)$ IPO price was 1.28 and hardly stayed above this price. The accumulated dividend is 0.245 over 4-5 years. Management’s earning guidance for Q4 and 2025 is less than optimistic, this may impact the dividend payment. Dividend seeking investors are likely to reallocate their fund.
All things being equal (ie earning and management intact) its first support value for 4-5% return will be 0.70. Of course we are all seeking a much better value 😃
Another worrying sign: Huge trading volume (the 2nd highest since its listing) with steep price drop.
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Munge : too late... already got cut
韭菜小散户 : Already bleeding