Tailwinds coming
With Ringgit against greenback bound to strengthen after Federal Reserve lower the interest rate, the cost of import will give the bottomline a boost in the coming quarters. Also, their JV investment with Hyundai is set to provide some positive numbers given the improved car sales in Indonesia.
Personally, i am looking at improved dividend from 18 sen last year to 20 sen this year, translating 11% increase.
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Started share investing since 18 years old, still honing the skills for greater good in days to come.
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