Hirotako bhd
HIROTAKO bhd...
this is one of the major automobile component manufacturer in Malaysia...
its manufacture mainly all the safety component especially the airbag...
2012, all car must have 2 airbag...
btw, HIRO produces airbag for perodua d...
its post a good financial position...
but the only drawback is low dividend payout which is the reason i sold it out from my portfolio 2 years ago...
3 years ago,
i bought it around 90cent...
its DY only around 2% but HIRO offer treasury share quite often...
i sold it out around 1.10~1.20 right before its share price jumped to 1.90...
thn went down to around 0.80 after split 1-2 and bonus share 1-4...
lastly, take over deal from MBMR...
we going to lose another good company in BURSA...
kinda sad...
i still have 70 odd lot of HIRO...
which i cant sell it off because its not a complete 1 lot size...
have to find another good company into my watchlist dy...
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