What's with the directors? Interim dividend 2.8 cents (20% profit) declared after decent 4Q results but no final dividend despite biggest profit in 10 years. You fellas should give better guidance to shareholders. Would have preferred 1.4 sen interim after 2Q results plus at least another 1.4 sen final, if not 2.8 sen, which the company can easily afford. Make some effort to compensate for no dividends the last few years.
I'll also like to see less related party transactions and judicious use of share buybacks when the share price is beaten down, like now, when sentiment is weak despite clearer indications of continuing future profits. This will give confidence to longer term investors that management is on the ball and have their interest at heart as well.
@calvin; Read and comprehend; no final dividend was declared fy2022. Stop your simplistic error strewn analysis of company results if you can't even get basic facts right. Better still, go back to face your critics in TSH thread.
Frankly i am nearly to give up on Jtiasa. However i don't want to take any more losses. Inspire of declaring a fairly good dividend the share price is stagnant. Should have concentrated on other shares. Mistake buying Jtiasa. Sorry if it is a negative post but it makes me sad looking at Jtiasa. Cheers.
Granted, Jtiasa is a disappointing investment which can be laid directly at the doorstep of its management. They are weak at investor relations and forward guidance. But at 60 sen and dividend resumption following return to profitability, the downside is limited even if earnings may decline the next two years with lower CPO prices.
it's debts pared down from over Rm800 millions to just above Rm300 millions currently
It has declared a very nice 2.8 sen dividend
Plus Jtiasa can also follow Bplant, Simedarby plant and Tsh's examples in disposing assets to clear off all remaining debts to be a debt free cash rich entity
it has industrial lands bought at rock bottom prices still reported at low book value not yet revalued
Dr Neoh Soon Kean of Dynaquest is in top 30 of Jtiasa
Dr Tan Chong Koay has two Pheim funds in Top 30 of Jtiasa
at this bombed out price we can collect cheap and safe with dividend support
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....
eric8168
99 posts
Posted by eric8168 > 2022-08-30 07:18 | Report Abuse
Finally finally after 7 years , dividend resume 4.8%. Dy