This forum is for people to share thoughts, everybody is entitled to their views. No need to call people names. Do people who promote the counter trying to con people so they can sell at higher price?
Whoever wants to hold, just hold; whoever want to throw, just throw; whoever wants to buy, just buy, don't call people name. And a small reminder, that Mr. Lim Chee Khoon has thrown quite a lot of his shares just before the quaterly report was out
I believe CSC is one of counter can withstand the impact of Fed rate up, the RM may touches 4.5 or even 4.6, since 80% is from US market, 10% fromEurope(compare with semiconductor depend on world market)..will benefit from rm drop and market is still there for CSC!
2015 RESULTS AND PROFITS ARE SATISFACTORY. DIVIDENDS WILL ALSO BE HIGH WITH AT LEAST 8 SENS OR RM80 PER 1000 SHARES. THE 4 Q RESULTS SHOULD BE BETTER WITH MUCH OF ITS FX HEDGING CONTRACTS BEING WOUND DOWN. ( WHILE THESE CAN PROTECT ITS REVENUE AND PROFIT MARGINS , THEY HAD ALSO CAUSED IT TO MISS A GOOD PART OF THE FOREIGN CURRENCY GAINS DUE TO THE FALL IN OUR RINGGIT). HENCE WE CAN EXPECT ITS 2016 AND FUTURE YEARS PROFITS TO HAVE GOOD GROWTH WITH THE FULL BENEFIT OF FOREX GAINS, THEN WE CAN GET EVEN HIGHER DIVIDENDS, EVEN ON A QUARTERLY BASIS
STRONG BUYING MOMENTUM FOR CLASSIC SCENIC Author: ong88888 | Publish date: Thu, 25 Feb 2016, 09:05 PM
This article first appeared in The Edge Financial daily yesterday
Classic Scenic (Fundamental: 2.25/3, Valuation: 1.4/3) triggered our momentum algorithm yesterday as the share price jumped 3.88% to close at RM1.34 yesterday, with 1.33 million shares traded, which is high relative to its 200-days average volume of 107,754.5. Its market capitalisation stood at RM161.47 million.
The group is expected to announce its last quarter earnings for FY15 this week. The group has been paying dividend consistently for the last 10 years with an average yield of about 11.38%.
balvin71 Only concern is Mr. Lim Chee Khoon keep selling. 29/02/2016 09:08
Yes, brother, the price had gone up more than 11 cents just 1 month back, on this day the share price was around 1.22 cent, so now perhaps giving high dividend will attract buyers & increase in share price and maybe, just maybe,too the opportunity of the boss to dispose his shares? So now buy it's not worth as dividend is included in the price too.
INCREASED PROFITS BY 11.5M OR 14% IS A POSITIVE FACTOR POINTING TO HIGHER PROFITABILITY IN FUTURE YEARS. THE POSITVE BENEFIT OF INCREASING EXPORT REVENUES IN FOREIGN CURRENCIES HAD JUST STARTED TO FLOW IN AFTER ITS FX HEDGING CONTRACTS WERE WOUND DOWN. ANOTHER PLUS FACTOR IS ITS HIGHER CASH DIVIDENDS THIS CURRENT YEAR.NOTE THAT IT IS NOW PAYING 2nd INTERIM D FOR ITS 4Q RESULTS. ANOTHER DIVIDEND AS A FINAL D IS VERY LIKELY. TWO ANALYSTS HAD GIVEN ITS PRICE TARGETS OF 2.06 n 2.16
HIGH DIVIDEND YIELD STOCK. EXPECTING EVEN HIGHER DIVIDENDS IN THIS CURRENT FINANCIAL YEAR AS THE PAYMENT OF ANOTHER DIVIDEND AS A "FINAL DIVIDEND" IS VERY LIKELY (noticed that its current 6 sen payout is declared as 2nd Interim from its 4Q profits). WITH ITS INCREASING PROFITS, STRONG CASH BALANCES, IT IS POSITIONING ITSELF TO GIVE 4 QUARTERLY DIVIDENDS + A FINAL DIVIDEND. A GOOD HIGH YIELDING STOCK WITH MUCH HIGHER CASH RETURNS THAN BANK FIXED DEPOSITS N EVEN EXCEEDING EPF's RATE. A SAFE INVESTMENT GRADE SHARE GIVING HIGH DIVIDENDS. CIMB GIVES IT A FAIR VALUE TARGET OFB2.16
PAYING 7.52 % CSCENIC IS THE TOP 3 AMONG TOP DIVIDEND YIELD STOCKS BASED ON FREE CAS FLOWS (cash cows) PER SHARE. LIKELY TO RANK HIGHER WITH GOOD PROSPECTS OF A FINAL DIVIDEND PAYOUT FOR THE FINACIAL YEAR ENDING 31/12/15
(NOTE THAT SCENIC'S CURRENT YTD DIVIDEND YIELD OF 7.52% IS BASED ON 2 INTERIM, DIVIDENDS TOTALLING 10 SEN.. IF THE LIKELY PROSPECTIVE FINAL DIVIDEND IS DECLARED , THE ITS TOTAL DIVIDENDS AND THEREFORE YIELD WILL EVEN BE HIGHER)
a prospective Final Dividend is likely as part of the Board of Directors corporate strategy to make Cscenic into a VERY HIGH DIVIDEND YIELD STOCK to attract institutional investors. Note that it declared the current 2nd dividend as "interim" from its 4Q profits. it did Not classified it as "Final". Hence the Directors can always opt to pay ANOTHER as its Final dividend. After all, Cscenic is cash rich and is making increasing profits. It has strong free cash flow (as it business model do not need heavy capital expenditures (CAPEX). I am optimistic of getting a Final D which will be a very good corporate policy to adopt
EX DIVIDEND AND PAYMENTS DATES FIXED AT 28 APRIL AND 18 MAY ARE A BIT TOO FAR AWAY. HOPE DIRECTORS CAN IN FUTURE SET SUCH DIVIDEND DATES NEARER SO THAT WE DON'T HAVE TO WAIT THAT LONG.
STRONG FUNDAMENTALS. VERY HIGH DIVIDEND YIELD AND GOING EVEN HIGHER SUPPORTED BY INCREASING PROFITS AND FREE CASH FLOWS (leading world exporter where its products dominate a niche market n where its business model is based on precision designs , quality n skills) DUE TO LOW CAPITAL EXPENDITURE (CAPEX) NEEDS THUS FREEING UP CASH FOR MORE DIVIDEND PAYOUTS. CURRENTLY VERY UNDERVALUED . TWO ANALYSTS (including CIMB INVESTMENT BANK) give price targets of 2.06 and 2.16
INSIDER ASIA ANNUALLY PICKS 10 STOCKS WHICH IT ANALYSED TO PERFORM WELL. ITS PAST YEARS' SELECTIONS HAD MOSTLY PERFORMED VERY WELL. ITS 2016 SELECTION INCLUDE "CSCENIC". IT OCCUPIES 3RD SPOT IN ITS 10 STOCK PICKS. CIMB INVESTMENT BANK ALSO EVALUATED IT WELL AND HAD GIVEN IT A FAIR VALUE PRICE TARGET OF 2.16. INCREASING PROFITS AND HIGH DIVIDEND YIELDS
2ND INTERIM DIVIDEND TO GO EX NEXT MONTH HAD BEEN CLASSIFIED AS "INTERIM" ANNOUNCED DURING THE RELEASE OF ITS 4TH QUARTER CUM FULL YEAR RESULTS FY ENDING 31/12/15. AFTER THIS INTERIM D PAYMENT, IT WILL BE ANNOUNCING IT'S 1ST QUARTER RESULTS FOR 2016. THERE ARE GOOD PROSPECTS OF ANOTHER DIVIDEND IN THE FORM "THE FINAL DIVIDEND " BEING DECLARED FOR FYE 2015. THIS WILL REALLY MAKE CSCENIC INTO A VERY HIGH DIVIDEND YIELD STOCK.
You don't tell the truth. Its revenues have been dropping 3 Q for QoQ comparison. 4th Q 15801k to 15087k, 3rd Q 12686k to 11428k and 2nd Q 17414k to13530k. Now if Ringgit gets stronger but sells dropping, profit will be a lot less.
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....
mtr27
443 posts
Posted by mtr27 > 2015-08-20 13:58 | Report Abuse
Whoever throw now will regret later..u hv been conned by shark