$VICOM(WJP.SI)$ I am bullish o

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bernardtayet
2022-08-11

$VICOM(WJP.SI)$ I am bullish on this stock for a number of reasons. The rising COE for new car has driven many to buy pre-owned car. This meant more business for VICOM as cars three years and above need to undergo compulsory inspection. Second its other non testing businesses relating to oil and gas, manufacturing and construction will benefits with economic recovery, albeit slowly. Third it has strong balance sheet, cash rich, free flow, little or no debts and paid good yearly dividends,paying a full year dividend of $0.0828 per share in 2021. It recent interim dividend per share is 0.0332, ex dividend on 18 Aug this month. Lastly this stock seems immune to slower growth or recession.

To me EV car does not affect this business in the near future. Who knows EV may also need inspection. Grab the dividend for a few years and buy myself Christmas gifts or Chinese New year's Red Packet cash.

Just sharing that I am bullish on this stock, have bought into it for passive income.

Please do your own research and reason for investing. Best wishes

# 💰 Stocks to watch today?(24 Apr)

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Kiyosumi
·2022-08-11
I also own vicom stock, up up to the moon
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- bernardtayet:
  [Happy] [smile]
  2022-08-11
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tkltkl
·2022-08-26
for Dividends yes
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- bernardtayet:
  Yes
  2022-08-27
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LMSunshine
·2022-08-13
Nice thinking!
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- bernardtayet:
  Thanks
  2022-08-14
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Pinky310
·2022-08-11
[smile]
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WEE Yang
·2022-08-11
Ok
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WillsonToh
·2022-08-11
Lol
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- bernardtayet:
  Ha ha
  2022-08-11
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Ted1209
·2022-08-11
[smile]
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WillsonToh
·2022-08-11
K
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- bernardtayet:
  Great
  2022-08-15
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kuppi
·2022-08-11
good
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- bernardtayet:
  Thanks
  2022-08-12
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It recent interim dividend per share is 0.0332, ex dividend on 18 Aug this month. Lastly this stock seems immune to slower growth or recession.To me EV car does not affect this business in the near future. Who&nbsp;knows EV may also need inspection.&nbsp;Grab the dividend for a few years and buy myself Christmas gifts or Chinese New year's Red Packet cash.&nbsp;Just sharing that I am bullish on this stock, have bought into it for passive income.&nbsp;Please do your own research and reason for investing. Best wishes&nbsp;</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/WJP.SI\">$VICOM(WJP.SI)$</a>&nbsp;I am bullish on this stock for a number of reasons. The rising COE for new car has driven many to buy pre-owned car. This meant more business for VICOM as cars three years and above need to undergo compulsory inspection. Second its other non testing businesses relating to oil and gas, manufacturing and construction will benefits with economic recovery, albeit slowly. Third it has strong balance sheet, cash rich, free flow, little or no debts&nbsp;and paid good yearly&nbsp;dividends,paying a full year dividend of $0.0828 per share in 2021. It recent interim dividend per share is 0.0332, ex dividend on 18 Aug this month. Lastly this stock seems immune to slower growth or recession.To me EV car does not affect this business in the near future. Who&nbsp;knows EV may also need inspection.&nbsp;Grab the dividend for a few years and buy myself Christmas gifts or Chinese New year's Red Packet cash.&nbsp;Just sharing that I am bullish on this stock, have bought into it for passive income.&nbsp;Please do your own research and reason for investing. Best wishes&nbsp;</body></html>","text":"$VICOM(WJP.SI)$ I am bullish on this stock for a number of reasons. The rising COE for new car has driven many to buy pre-owned car. This meant more business for VICOM as cars three years and above need to undergo compulsory inspection. Second its other non testing businesses relating to oil and gas, manufacturing and construction will benefits with economic recovery, albeit slowly. Third it has strong balance sheet, cash rich, free flow, little or no debts and paid good yearly dividends,paying a full year dividend of $0.0828 per share in 2021. It recent interim dividend per share is 0.0332, ex dividend on 18 Aug this month. Lastly this stock seems immune to slower growth or recession. To me EV car does not affect this business in the near future. Who knows EV may also need inspection. Grab the dividend for a few years and buy myself Christmas gifts or Chinese New year's Red Packet cash. Just sharing that I am bullish on this stock, have bought into it for passive income. Please do your own research and reason for investing. 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