Early morning trading pushed the prise of this logistics company to RM1.94 before the share retreated to RM1.87. There is not really many buyers for this stock even though dividend has gone up to 10%.
A cursory analysis shows the biggest lot done is 3,0000 shares, indicating very small buyers are nibbling on the counter.
I think TASCO is a good stock to have in one's portfolio if it continues with its profit and dividend performance. I am also incline to believe that the Malaysian-Japanese management is doing one fine job efficiently in a challenging sector.
TASCO ended at RM1.90 for a 5 sen gain.
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