Results out this week. Let's hope for a much improved dividend payout. No point telling the world how well you are doing if you are just going to pay 50 sen for every 1,000 shares. It's time to have a dividend payout policy.
It will go, go, go only if the results are good and the management pays out a decent dividend to support the share price. Otherwise, it will just be another 3 day show.
A good FY 2014 performance. Strong balance sheet with almost zero net debt. The 0.25 sen dividend translates to a 1.5% yield. A higher dividend payout ratio for FY 2015 will drive the yield up and the stock price higher.
As the good Dato says, this is a growth stock and we shall hold him to his words.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shan75
319 posts
Posted by shan75 > 2015-02-18 11:53 | Report Abuse
U turn started !