Posted by shortinvestor77 > 2017-05-01 11:50 | Report Abuse

No way. Can't compare with Dutch Lady.

Posted by calvintaneng > 2017-05-01 12:08 | Report Abuse

Haha!

If Harrison can reach 1/4 of DLady it will be a Blue Chip at over Rm10.00

Now Calvin thinks if there is a will there is a way for Harrison.

How?

1) By using more of the Rm80 million surplus & increase dividend

from

2017 --- 25 sen

to

2018 -- 32 sen

then

2019 --- 40 sen dividend

After Cash runs out? No need cash buffer for NTA since DLady also don't have

Then from 2020 (Dispose Lands/Warehouse & lease them back) With extra Cash and then can boost dividend further

2020 --- Dividend jumped to 60 sen


Just think - what will Harrison share price be if dividend raised to 60 sen by year 2020?

Posted by charlie chia > 2017-05-01 12:33 | Report Abuse

Your projection is good
But fulfilling is another question
No good management company would declare such a jump in dividend every years
They have to be a bit conservative
They need to back up for bad times if suddenly economy drop

Posted by calvintaneng > 2017-05-01 13:23 | Report Abuse

Go study Dutchlady accounts.
Sale of milo, maggee mee and coca cola is recession proof.

Posted by CUTLOSS > 2017-05-01 13:31 | Report Abuse

Can show proof product Harison selling like Dutch Lady here? Scan or weblink please.

Posted by calvintaneng > 2017-05-01 13:45 | Report Abuse

Go see www.harrisons.com.my

Posted by CUTLOSS > 2017-05-01 13:52 | Report Abuse

If now buy RM 4.08 later become RM 3-3.5 I must jump from KLCC?

Posted by calvintaneng > 2017-05-01 13:54 | Report Abuse

Don't buy if doubtful.
Go buy Drb as FSP will be next on the agenda.

Posted by leegates > 2017-05-01 16:33 | Report Abuse

Dutch lady and Harrisons different business model, Harrisons more like Yeelee in East Malaysia, a distributors, very low profit margin, but stable income, depending on . Dutch Lady have product brand and able to raise produce price . Can Harrisons raise price from his principle-dutch lady, nestle, and the products they distribute? From history record, Harrisons do pay good dividend.

Posted by ckkhen > 2017-05-01 23:47 | Report Abuse

From dividend history, at 15sen Harison is worth 3.40. If raised to 25sen and maintained for a few yrs, it is already worth 5.60.

Posted by MG9231 > 2017-05-02 07:47 | Report Abuse

If one to starts holding this stock in 2004 , market price was around $1.20 with dividend of 6 sen to be received in 2005, dividend yield then was 5% .
He receives $1.51 normal dividend and $0.50 special dividend ,total $201 dividend within 13 years up to 2016.
In other words, his cost was $ 1.20 ,he is already receiving more than what has been invested.
At current price of $4.08, he can just lock it up in his safe..
Now, at current rate of 6.1% dividend yield, will history repeat itself?

Posted by MG9231 > 2017-05-02 09:48 | Report Abuse

put it in simple calculation:
2004 cost 1.20
up to 2016 Dividend received $2.01
Plus capital appreciation $$2.88($4.08-$1.20)
=$4.89
total return for 12 years $4.89/1.2= 4.075 times
about 3 years double your capital

Posted by calvintaneng > 2020-02-23 12:07 | Report Abuse

Harrison got most but not dlady

So if you have dlady now must quickly sell all

Best advise now

Sell dlady and switch to Netx at 2 sen

Opcom at 69 sen also far better than Dlady

Redtone at 50 sen also better than Dlady

Posted by calvintaneng > 2020-02-23 12:07 | Report Abuse

Harrison got moat