Q2 result with declaration of DPS 2cts . 33.3% up from 1.5cts& retained profit hit 82mil. Sales hit historical high and healthy pipelines will be materialised in Q3&Q4 FY2022. Cash & balance up not yet include money market fund closes above 40mil. Zero debt and DY is at 6.6% based on forward DPS 2x4.
To be honest, my holding in Scicom is only 80% of my allocation for Scicom, I hope to get more at cheaper price as I believe Scicom is safe place for mid term investment (2-3 years).
I have no idea what?s the point for these people to come here, contributing nothing but keep on talking price down lah, fake lah, drop lah, trap lah
Indeed, I will appreciate if these people can point out the real weaknesses in their business or financial reports with supporting REAL facts, of which I may have overlooked
limited growth? Unless I am seeing something different, I think they just achieved ATH revenue per quarter and this does not even include the soon to return foreign students. So from that perspective, 6-7% yield with a 15% growth per annum appears attractive at current valuations. My 2 cents
I personally don?t look good on construction counters but I do respect those who choose to believe in certain construction companies and I will never try to act smart or give any prophetic words in any construction stocks forum, because it will make me look ?IDl0T? or ?M0R0N?
I am very happy with the manangement for delivering good result & keeping the trandition to have dividend payout almost 80% EVERY QUARTER for more than 10 years.
I have been accumulating since last year whenever SCICOM price was weak & not sell a single share until now, I have confidence in SCICOM & the Management
No matter how loud you shout or promote, it won't go up just because you did that It also won't go down just because you or many are cursing it in the forum
Because we are all ikan bilis
all we can do is to do our best in our homework to make the right & best decision for our own money, that's it.
At present price of 1.32, forecast yearly dividend should around 7-7.5cents. So the dividend yield would come up to be 5.3-5.7%. At present low fixed deposit rate, investing in this sure with good prospect and profit Scicom, is a wise step if comparing with keeping your money in the bank.
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....
dingleehing
63 posts
Posted by dingleehing > 2022-02-28 19:52 | Report Abuse
No bad scicom dividend this time 2 cents and a least QR and profit green
.....++