Easily hit rm2. The two q generate EPS both 4 and 5. Calculation the next q atbeps 5 and 6 . the total EPS is 20 sen and taking PE as 10 , it will be rm2 at least . the USD and Sarawak election will boost the share
Hi athan88, no such thing as fair value in my dictionary, I shall play by ear, of course first target price is around 1.60 to 1.70, most people is unsure of the sustainability of the quarter ended Sept 2015, this latest quarter shall provide some comfort level to those that based their research on the timber extraction, as long as USD to RM stay above RM4, I think new few quarters might be good as well, this counter is just at the onset of long term momentum, why put your money into counters that has surged few hundred percent like geshen, petronM, hevea and many more
The Board of Directors of W T K Holdings Berhad recommended a final single-tier dividend of 4.98% or 2.49 sen net per share of RM0.50 each in respect of the financial year ended 31 December 2015 ("Proposed Final Dividend") for shareholders' approval at the forthcoming Annual General Meeting.
The entitlement and payment dates for the Proposed Final Dividend have yet to be decided and shall be announced at a later date.
The division I most worry about is oil & gas, WTK eventually proven it can make money from oil & gas, this quarter has made 5m ringgit compare to break even in the previous quarter. As WTK is juz providing boats and engineering services to Petronas, hopefully this division will become a stable cash cow of WTK.
" The loss before tax for this quarter was mainly due to one-time write off of expenses amounting to RM7.4 million previously capitalized in addition to low FFB yield coupled with weak CPO prices to cover the operational costs as the palms are still at its early production life cycle."
This is the common practice of WTK, tend to write down all the expenses first, so can pay less tax right now, it is considered bitter first, sweetness after. (先苦后甜)
" Once the disposal of this parcel is completed, the Group would then recognise the gain on disposal of approximately RM6 million in the financial year December 31, 2016. With the exception of the above parcel, the remaining parcels of properties signed in the SPAs were successfully completed and a disposal gain of RM9.9 million was recognized in the financial year ended 31 December 2015."
That's mean there will be a 6m ringgits gain from wisma central can be juiced out in the next quarter.
And the most important, the managment is willing the share the gain with shareholders by paying 2.5cents, dividend yoy has grown 37%!
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....
susuMilk
29 posts
Posted by susuMilk > 2016-02-23 11:59 | Report Abuse
5 months bonus? how much salary o?