I love their balance sheet and cash flow statement. It shows that the company had repaying their debt. 75million of cash and only 105 million of total liabilities. Net cash company soon. Can buy in now and keep another quarter.
its good result compared to its corresponding quarter. but if compared to the quarter before this, the EPS is still at a slight downtrend. and to some of investors, the good results is still "below expectation". probably this explains the situation?
25. Dividends (a) The Board of Directors has approved an interim single-tier dividend of 0.25 sen per ordinary share in respect of the financial year ended 31 December 2015. The entitlement date is fixed on 31 March 2016 and payment will be made on 15 April 2016. (b) The Board of Directors has proposed a final single-tier dividend of 0.25 sen per ordinary share for the financial year ended 31 December 2015 (“the Final Dividend”). The Final Dividend is subject to the Shareholders’ approval at the forthcoming Annual General Meeting. The dates of entitlement and payment for the Final Dividend shall be determined by the Board of Directors at a later date
They are already net cash RM50m. According to CIMB, they are making RM40m cash inflow after capital expenditure a year. The 0.005 sen dividend only cost them around RM6.6m. Could have easily declared more.
No need to operate. Just increase the dividend to at least 1 sen per share or less than RM13m and the price will move up naturally. Company went from net debt of RM6m at end 2014 to net cash of RM50m at end 2015. So much cash coming in. Don't just increase your own salary. Times are hard. Share the goodies around.
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....
mhchai
589 posts
Posted by mhchai > 2016-02-19 16:26 | Report Abuse
I think YES