@Collin Soo I think its more accurate to calculate the EPS based on individual quarters as the results in each quarter are fluctuate alot (Dufu has a generally weak Q2 eps).
Assuming that the other quarters remain the same EPS, the total EPS this financial year will be 3.8+0.96+3.39+8.87 = 17.02 cents. With your PE 10x assumption, the price should be at RM 1.7
Revenue for the quarter ended 31 March 2017 decreased by RMl.3 million or 2.8% while profit before taxation decreased by RMI 1.6 million or 58.7% for the current quarter as compared to the preceding quarter. The decrease in profit before taxation was mainly attributable to gain on dissolution of subsidiary of RM3.7 million, reversal of impairment loss on loans and receivables of RM l.2 million and reversal of inventories written down of RMl.2 million recorded in the preceding quarter. In addition, there was an unrealized foreign exchange gain of RM0.5 million registered in the preceding quarter compared to unrealized foreign exchange loss of RM0.7 million recorded in current quarter.
should compare the result of same quarter in preceding year...not the previous quarter. If compare with the preceding year's quarter, the result is impressive!
@hmmhmm7 i not sure is 50% or not.. but if take last QR EPS is 8sen the dividend should be 4sen right? I need expert to explain why they only give 3.5 sen instead of 4sen.. :-)
@hmmhmm7 if i use the stock hunter apps, the dividend policy for DUFU there written 50%.. and i not sure i calculate correct or not.. so i take all the dividend for 4 quarters add all up will be:
2sens +1.1sen+ 1sen +3.5sen = 7.6sen Total EPS last 4 quarter before 1Q17 is 15.82sen
7.6/15.82x100=48.04%
Around that figure? haha.. i not sure bro... any expert? XD
The Board of Directors of DUFU wishes to inform that the Company has on April 30, 2013, adopted the following as Dividend Policy with immediate effect:-
“Our Board intends to pay at least 50% of the Company’s Profit After Tax (PAT) after taking consideration of the Company’s Retained Profits, cash flow as well as the funding requirement of our Group. It is a policy of our Board in recommending dividends to allow shareholders to participate in the profits of our Group whilst retaining adequate reserves for its future expansion. Notwithstanding the above, actual dividends proposed and declared may vary depending on the financial performance, cash flow and funding requirements of our Group, and may be waived if the payment of the dividends would adversely affect the cash flow and operations of our Group.”
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....
Chean Yeh
199 posts
Posted by Chean Yeh > 2017-05-24 19:35 | Report Abuse
just my small anlaysis for DUFU Q1 : ]
http://xxscyehxx.blogspot.tw/2017/05/dufu.html