We can expect better dividend this year...after 3 years, finally I see changes in the standard wordings in announcement:- "Barring any unforeseen circumstances, based on customers incoming orders which has been positive and encouraging,the Group expects revenue growth in USD in the mid to high single digit for the financial year ending December 31, 2017."
For the last 3 years, it was as below, they only change the year from 2014 to 2015, 2016 and even Q1 2017:- "To the best of our knowledge, in line with the volatile economic condition, the Group expects revenue in USD to remain flat for the financial year ending December 31, 2017."
ESOS is no longer popular in many big Co, due to share dilution and tendency for staff/management/board to pay excess obsession towards share price rather than financial performance. I personally think Uchi has too much of ESOS.
omg.... this really exceeds my expectation.. when i first bought it.. i wanted its dividend more than expecting its share price growth... but the recent growth in USD revenue (of new products) confirms that this dividend stock is also a "slowly" growing stock.. not bad though
actually i never thought this counter can go up so much! too bad that i bought very little for this counter.. just open cds account like 2 years ago.. with limited capital.. only manage buy 1 lot (1k units) before the bonus issue.. now having more than 50% unrealised gain.. my intention that time was dividend... now dy close to 2.50.. i think 2.50, a lot of ppl will take profit.. just hope the company will give another round of bonus issue + dividend like last year..
me 2 had been holding uchi for >5yrs. last time brought it solely because of the high div yield. Did not expect the share price will raise that much.
Own experience, those stock that i hold for yrs(mostly high div stock) with less trading end up earn a lot. on the other hand, those job that i actively trading end up lose a lot.
@sosfinance, not sure about this. Management and Directors should focus on growing their core business instead of market movement. If current price level is still lower than their intrinsic value then why offloading the treasury stock now and send mixed signal to the market ?
a) Excessive ESOS for staff/directors which diluted existing shareholder's interest b) Staff/directors exercised their ESOS and disposed off their share to take profit. c) Resold treasury share in open market instead of cancelling or giving back to existing shareholders
Start doubting what Uchi is doing, even though has being their loyal shareholder for a decade.
Definitely not complaining but still amazed at how Mr. Market is behaving. Uchi's market capital jumped from 846mil (early Aug) to 1.153bil (current) within 2 months.
Uchi Tech said the pioneer status was for the "design, development and manufacturing of real-time centralised energy measurement and control system, high precision hot fluid temperature control system, and ultra-low temperature and mass sensing control system for bio-chem equipment.
According to FY16 financial report, 99.2% of Uchi revenue was derived from "Touch screen advance display, high precision light measurement (optoelectronic) equipment and mix signal control system for centrifuge laboratory equipments".
Is this tax free pioneer status cover all products/services across the board or only limited to "bio-chem equipment", which the revenue contribution currently is neglect-able?
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....
Multibagger
155 posts
Posted by Multibagger > 2017-08-24 11:12 | Report Abuse
We can expect better dividend this year...after 3 years, finally I see changes in the standard wordings in announcement:-
"Barring any unforeseen circumstances, based on customers incoming orders which has been positive and encouraging,the Group expects revenue growth in USD in the mid to high single digit for the financial year ending December 31, 2017."
For the last 3 years, it was as below, they only change the year from 2014 to 2015, 2016 and even Q1 2017:-
"To the best of our knowledge, in line with the volatile economic condition, the Group expects revenue in USD to remain flat for the financial year ending December 31, 2017."