This counter do not need to monitor closely, healthy balance sheet with good dividend. Remember the share issue is just 157 mil, while Tsai family already holding big portion.
Those worst selling price is over, we will able to see the improve of ASP starting next Q and continue back to good dividend yield. For this price tag we can easily fetch a dividend yield of 7% + capital appreciation of 30% within 1 year.
Management proven for many years and good track record of dividend yield. The share issued is only 157 mil.
The operation of new factory has been delayed due to slow down in demand..This is no good and should be worry about. My advice is do not rush thing, observe longer on how they overcome those unfavorable external factors.
it's been quite a while since downturn for tongher..the rev was decreased, the profit margin also..company really need to embrace during this tough time..need another 2 quarter before can see what is the direction
if you were to look into the prospect forecast i dun see that the director bother to update their shareholder every quarter copy and paste .by the time they released the results,at least they know how the coming q perfomance.LOL
I believe many investors hold this counter for its dividend..
Now the question to be thought and analysed about, is how well Tongherr could fence off the challenges of other suppliers and rising raw material cost, which directly affect the net profit and dividend distribution.
For time being I dont see much coverage or info about their next action plan (including the exact date or new factory commencement). Or may anyone who attended AGM before share the info?
Directors are substantial holder, it make sense to save their own boat.
However shall retail investors jump into this boat now, when still unsure yet if it will keep sinking or rise again?
This counter has normal dividend of 30% n above. Assuming during this pandemic dividend of 20% it works out to 9%. It is a Taiwanese co n it gives high dividend. watch out subsequent q to gauge its financial performance. Now it is under value and it on upwards trend.
@donald770, thanks. Haven't been checking this counter, but now moving back up. Yes, some years pay dividend twice yearly, one around this period. Hope it happens again this year!
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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....
Battleman
53 posts
Posted by Battleman > 2019-06-14 01:27 | Report Abuse
so long the directors didn't dispose, otherwise something gonna be happen