I will wait for AGM to see whether new mgmt is committed to dividend policy..the old mgmt lied did not give minimum 40% for year 2020...New mgmt must be honest about dividend policy.
MNRB - Notice of Book Closure Interim Single-Tier Dividend of 3.0 sen per ordinary share for the financial year ending 31 March 2021. Kindly be advised of the following : 1) The aboveCompany's securities will be traded and quoted "Ex - Dividend as from: 1 Oct2020 2) The last date of lodgment : 2 Oct 2020 3) Date Payable : 23 Oct 2020
Not many companies in klse achieved yoy revenue growth and strong earnings growth in april to june quarter. Mnrb managed to achieve this feat despite the lockdown period. Therefore, high possibility a sustain growth should be within reach in the coming quarters. In addition, yoy interim dividend increased from 2.5c to 3c despite covid pandemic induced economic shock. It just show last 2 years business remodeling is bearing fruits. Possible a strong hold for long term structural growth.
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....
hopetobecorrect
183 posts
Posted by hopetobecorrect > 2020-09-04 10:52 | Report Abuse
no matter how good the fundamental, as long as no dividend it will be always a penny stock. the company did not keep it promise