DPS: 2013=30c, 2014=35c, 2015=35c, 2016=38c, 2017=40c; even if the 2018 dividend is 35c, the return=5.35% based on today closing, judge for yourself; btw, today is the last day for 20c dividend date!
I am holding this counter........... I agree with the attractive dividend but I hope for more if price can appreciate at the same time can enjoy the dividend given
bad quarter report is dangerous..better stay away...fund need to slowly unload this fund now...is dangerous to collect their shit...wait at around 4.5-5.00
dividend payout may not be sustainable if the profit continues to go lower. looking at the high tin prices, more likely the profit continues to spiral downwards.
management already highlighted "operating environment to remain challenging and competitive due to greater presence of imports from overseas, in addition to the volatility of Ringgit Malaysia against the United States Dollar". This is a structural issue, i.e. heightened competition, whereby the company is unable to pass through the production cost hike to customer why may not be easily resolved. I foresee a period of lower profit
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....
paperplane2016
21,659 posts
Posted by paperplane2016 > 2017-08-01 13:47 | Report Abuse
walao eh. why suddenly....