During the pandemic and the locked down period, the products of this company were in demand. People trapped in their houses were buying the products for home use and entertainment. Will need to watch the next 2 quarters to see if the business of this company is fine or facing challenges.
Seems like this year will get 20 mil disposal gain. Around 8cents per share. Plus normal operating profit around 13 cents. Dividend should be around 12 cents
The key message is not the sale of the land. It is the usage of the proceed. 20mil for working capital and 11mil to invest in research for AI Smart speaker in a timeframe of 6-12 months. That mean there should be a very high potential of a order is coming to fpi for smart speaker
I am expecting full year dividend to be at least 16 Sen. Last 2 years paid 20 and 21 Sen. It sits on a ton of net cash of RM1.40, so, sharing some of that massive cash with say 16-20 sen is sustainable for a long time.
FPI 2.73. Nice. When I bought the DY was 6.5% which was nice. Now at market price, the DY has dropped to 6% due to price gains. Still decent. Looking to take small partial profit near next resistance.
Everyone wants green solutions but green extremists think only what they say is true, and aren't evidence based lead.
In their extremism they just want to shut everything down no matter how many lives gets destroyed, they justify it in their sick head thinking if we don't the world is going to end in 5years or 10years.
They should stick to what they do best expose the oil companies or other special interests groups lobbyists who profit by keeping carbon based economy, corrupt political dealings etc without being extreme careless ideologues.
I heard from a girl originally from the Philippines with a teaching degree, she was offered a job in a small kansas town. The school paid to bring her here to be a teacher for them. She went from the slums of a third world country to working as a teacher, bought a house, bought a new car and is living the dream. From an actual slum, no running water, limited electric, a rough life for sure, to middle class in less than 2 years and is completely set up. If you are not willing to make changes and make better choices, then someone else will. There's many American teachers that could have taken that job... But they didn't, think about that. Life is choices, make better ones...
Early last year goreng goreng till 3.70+, and then annouced a very ugly Q4 result n div 21 cents...1 cent higher than 2021, then price plunged till 3.10+
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....
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
13,181 posts
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 2023-05-31 16:28 | Report Abuse
During the pandemic and the locked down period, the products of this company were in demand. People trapped in their houses were buying the products for home use and entertainment. Will need to watch the next 2 quarters to see if the business of this company is fine or facing challenges.