anybody can confirm dividend will not be reduced? maybe market is anticipating a drop in dividend due to poor results... calculating based on previous payout is just a smokescreen to investors
Tipster, no one will know if the dividend will be reduced, but at least for sure dividend announced 2.5cents will not reduced. My concern is that the EPS is lower than DPS, but still holding & adding hoping good news in 1-2years. I think the drop is not over yet.
good news is coffee powder drop, but instant coffee maybe not drop, sugar price might drop in qr1 2019. now eps 2-3 qr, 8-12 sen p.a. price 1.20-1.80, if drop to 0.80, confirm very cheap. i might all in if business not affected. hehe
The dividends in the last 2 quarters or the last FY istill good. However, the cash generated from the business in the last 2 quarters was not enough to pay for the dividend declared.
It seems that the costs of raw materials increased and marketing expenses also increased... Competition is keen... It is still very challenging.. Watch closely if the profits would return otherwise the dividend payment might not be sustainable...
The business has good potential... But it is uncertain now due to the underperformance in the last 2 quarters...
wow, let's see how low can it go, I only need few hundreds per month to maintain my daily expenses, I'm not sure how much the Director's/owners/top managements need to maintain theirs =)
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....
warren22
97 posts
Posted by warren22 > 2018-03-09 12:27 | Report Abuse
today high volume also. should be Mr low sell again.