never dropped below RM1 over last 10 years but Zhulian dipped below RM1 during MCO and just claw back to break RM1. cash rich and strong financially. 1st QR should be good
The Group’s business is closely linked to the sentiments of general consumer market and the fluctuating foreign currency exchange. Strengthening or weakening of Ringgit Malaysia against United States Dollar (“USD”) will have an impact on the Group’s performance as all export revenue are transacted in USD.
The Group adapts to the ever-changing market demands where possible while remain cautious to potential risks, such as the recent pandemic that is impacting macro-economy, to ensure its business long term survival.
The Group is committed to continuously improve its’ business operational efficiency and maintain sufficient cash flows in the year 2020.
This company is one of the most under value in Bursa ! High DY, growth in profit, sustanable or even better business modal during incoming recession !! TP easily 1.50 then 2.00 !!
PE 9.75, DY 10 % plus, cash rich , MLM business sure growing during recession ! 2.00 TP still considered cheap !! Buy at 1.05 you can sleep very well !!
Wow can still buy? Thinking of canceling my FD shitty rate better buy this for 10% yield! Just notice that zhulian is actually listed...my family always buy zhulian jewelry...quality products and good price
@volks2. zhulian declared dividend of 3 sen in the 1st Q, usually the following quarters follow same amt. there is plenty of cash RM188 million to support such pmt. 12 sen plus special dividend!
agree with Patrick. Zhulian holding much more cash. to support dividend payout ratio exceed 100% last financial yr and years to come. bulk of sales to Thailand/Burma in US dollar. note that eldest brother with 62.76% share has resigned as President n CEO. He seems to favoour high dividend payout.
** Current year prospects The Group’s business is closely linked to the sentiments of general consumer market and the fluctuating foreign currency exchange. Strengthening or weakening of Ringgit Malaysia against United States Dollar (“USD”) will have an impact on the Group’s performance as all export revenue are transacted in USD.
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patrick2
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Posted by patrick2 > 2020-04-15 16:47 | Report Abuse
Heavily profit taking today...