These directors need to get themselves better tax consultants. High tax free dividends, most of which go back to themselves, are better than high taxable pay.
first wave contrarians could've throw in the towel assuming they entered on monday. lets see whether the next batch of big retailers are coming on or the operators decided to give it the next push. :)
No doubt Duterte's hard stance against druglords could reduce the number of high rollers, but RGB's expertise is in slot machine, which I think target mass market. So I dont think RGB will be affected.
haha, bruce5113 - average price 15.5sens (hi syndicates, are you reading this? while you were silently accumulating, I am doing so also, bluek!), targetting around 20% gain, iIthink it will be tough break 20sens though in the near term.
No real need for operators. Just need the management to show some respect to their small shareholders and declare dividends when they release their results later this month. This is a listed company, not some private bank account.
Dividend for FY2015 is 0.5 cent, 100% increase if compared against FY2014 dividend of 0.25 cent. Dividend payout was doubled even though the company was determined to repay the long term loans earlier than required.
IMO the management has clearly demonstrated their intention to reward the shareholders. Let's be patience and wait for another 2 - 3 weeks :)
Don't know what they want to do,0.17 look like got strong support but .175 can't break. Think to buy somo more but really scare about the Philipine politic issue.
yes, higher dividends should start with the soon to be out results. Too low compared with their pay and stock options. Might as well renamed the company 1RGB.
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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....
GoodBoy
6,594 posts
Posted by GoodBoy > 2016-08-02 22:02 | Report Abuse
As long as 0.16 or below consider good price to hold ...... cheers .....