If the management is serious about increasing their own wealth and that of their shareholders, they must increase the dividends to more than 1 sen. The current 0.5 sen dividend is only enough to support the price at current levels.
Paying themselves high salaries only make J Loh happy. More money to pay for his parties. Dividends are tax free. Increase it. You can't take it to your grave with you.
increase dividend will only increase few percent of share, why not keep some cash for bigger plan, that one will increase company share price few hundred percent
They are net cash RM70m with more than RM60m coming in every year before capital expenditure of less than RM20m. They already have so much cash. What is wrong with a 1 sen dividend? That is just RM13m. Last year the dividends was just RM6.6m Compare that with how much they pay themselves and esos too.
Some people think RM70million is a lot, with 10% return will generate RM7 million only. Extra RM7 million profit will not increase the company share price for few hundred percent..I prefer company keep the cash and look for bigger investment.
RM13m or 1 sen dividend will go a long way to keeping your shareholders happy and is not going to make a dent in the company's balance sheet or derail its investment plans.
If you want to make extra few million every year, then RM70 million should enough. If want more profit like 20 million to 30 million extra, then you need more money for bigger business...
Benjamin... we have seen more than enough of directors and big bosses who made empty promises... haha... can we trust someone who is engaged in a gambling business? haha... leave it to you... i dun think 60sen is too possible... that is a "holland bank cheque" with no date for encashment... haha
KESM - meagre dividend yield despite huge war chest, a lot of its cash was spent on capex and acquiring more of its subsidiary in 2014-2015. Many forumers also question on the seemingly high director fees back then. Share price was eventually double this year.
PADINI - share price at one point drop below RM1.50 last year due to stiff competition from new entrants (H&M and Uniqlo). However the biz continues generate good cash flow and allows high dividend payout. Share price eventually shoot to RM3 this year.
Therefore I believe both strategies could work for shareholders in long term. Question is can you ignore the noises and focus on the fundamental of the company and its intrinsic value? Just my 2 cents :)
another thing is... the total outstanding shares are too huge... too many speculators buy and sell daily ... same like Bornoil... it is very hard to go up significantly due to the profit taking approach by the daily traders... Bornoil reached RM0.20 before (from 0.15) and it now retreats to RM0.17... for those who entered at 0.20, they are stuck now... similar thing seems to be happening for RGB... too many big sharks goreng and wait for chance to sell and once they are gone, it will go back to square one...
MRapolo, at 0.19, the company is valued at RM250m. Do you think this is a fair value and what are the steps that the management can take to increase the company's valuation?
i dont think i am better than the management. With RM180 million capital (RM250 million - RM70 million cash), i dont think i am capable to make RM26 million a year.
RM26m divided by RM180m gives a return of 14.4%. Pretty high which also implies that the stock is undervalued. So do you have any advice for the management as to how they can increase the company's value?
Everyone here hopes that the market will recognize the commendable efforts that the management has put in. It is just that the current share price does not reflect the existing value and growth potential of the company.
That is why some have suggested a share buyback, others called for a share consolidation and many others want the dividends to be increased.
Overvalued NTA only 13 sen. M'sia is Islamic country so will try to curb gambling activities. Police will step up enforcement to curb illegal gambling.
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....
kennykein
22 posts
Posted by kennykein > 2016-10-19 11:12 | Report Abuse
这股需要时间 ,要收割也要接下来的每季报告都有正增长 。希望他TSM的业绩能被菲律宾越来越多的赌场进驻而受惠 。短期美元的汇率应该会让他有不错的财报 。