Hey! Today, R-Table will be covering $SHL(6017.MY) - SHL Consolidated Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.
Final Dividend of RM0.09 per share is proposed by the Board, translating into a dividend yield of approx. 4.9% at current share price of RM1.82 per share..
SHL's financial condition was also one of the healthiest among property players, with approx. RM1.26 net cash per share. Current share price of RM1.82 per share seems to be low. Dividend payout should go up if current performance is sustained or improved moving forward.
An excellent quarter for SHL. 4Q23 EPS: 0.0898, FY23 EPS: 0.2239. Coupled with a net cash of RM1.40 per share and net asset of RM3.66 per share, the current share price of RM1.90 seems to be undervalued.
Final dividend RM0.12 per share going ex on 10/10/23, pay on 25/10/23. This gives rise to 5.66% in dividend yield based on current share price of RM2.12...
At current price 2.44, The average 5years payout ratio is 60%. Let's assume company will continue this payout ratio. 60% of 30.9EPS = 18.5sen , this is equivalent to 7.6% dividend yield
If taking 5% dividend yield(still better than FD), the stock price should value at $3.70 Dont you think this stock is undervalue? And this stock has consistently growth for past 4 years and this year profit has break 7years record high. Keep collecting some in every month.😁
Going by the past records the Co will most likely announce the next AGM earliest by Friday, 26.7.24 and latest by Monday, 29.7.24. One of the resolutions to be tabled will be declaration of a final dividend for FY2024.
The candlestick chart pattern shows a bullish gap up today accompanied by a relatively high volume. I hope the bullish momentum will sustain until the last cum dividend date.
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....
aquila
33 posts
Posted by aquila > 2016-03-17 17:26 | Report Abuse
Can SHL repeat its FY2015 performance? Spread just 25%, boss controls.