To sumarise up , what does that meant to minority shareholders like us about the circular and noticed to shareholders . Share split is also on the way .
The soon to be released quarterly report will reflect a brand new and exciting Taliwork in term of :-
i) Exit from loss making China venture - Taliwork will book one off gain and reduced gearing, hence save on finance cost.
ii) Acquisition of SWM is earning accretive, provides steady earning growth in future quarters.
iii) Management has promised 75% dividend payout policy and expect this year payout is at least on par with last year (8 cnts / 5+% dividend yield at current price).
iv) One of the beneficiaries of water restructuring exercise by government.
Taliworks has been dormant for quite some time. With the recent CIMB's TP and a positive QR just announced.. its a matter of time when it will be noticed and the price may trend up. Gudluck everyone ya.
Just look up a few lines.. kai already shared the link. Initially resistances will be very high bcoz of high profit takings after holding for some time. We shall see uptrend or downtrend later..
Taliworks is fundamentally sound with recent superb QR. Accumulation in progress.. hence the roadblocks. These usually dissapear once the market makers hv enuf and then.. the boat floats away. So relax ya.. patience.. this counter has been in dormant state for quite some time too..
Accumulation started since partnership with EPF was announced in May. I wont be surprised if EPF itself / other unit trust funds are accumulating given its defensive biz nature & attractive yield.
i have went through it with PRIVA ctr. close to the ex date dividend dunno where the buyer comin. 23 aug 2016 is the ex date for interim dividend. special dividend dunno when?
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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....
michaelwong
3,072 posts
Posted by michaelwong > 2016-04-29 15:19 | Report Abuse
To sumarise up , what does that meant to minority shareholders like us about the circular and noticed to shareholders . Share split is also on the way .