you invest 41.5 sen and get EPS 1.14 sen = 2.74% earning. 30%dividend policy should pay out dividend 0.82% .But company need to reinvest so no dividend payout and you get 0% for this year. No gain on stock price as well.
This is an old article. But I bet it has not changed much, ie the status of the pipes. Three years down, more pipes will need changing. Can fitters gain from this, anyone?
i think the result is within expectation, considering the poor market sentiment moreover they're turning around PVC-O and Renewable energy division One or two good contracts, that's all it takes///and that's all it didn't get, for now
With gov focusing on construction and infrastructure, who's there to say fitters won't get good contracts to improve the non-revenue water problem...STAY POSITIVE =]
Lol.. for me, this QR is considered very bad. PVC segment also losing money, hopeless company. I do not have any share of fitters. Just passed by and leave a comment. Those interested in this fitters, can continue your dream, dun shoot me, haha.
Regardless of the drop, one should examine its outstanding shares. The past one year it had been buying back, whether loss or gain, there is not going to be much floating around compared to last year although loss is tremendous.
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....
BoomBoomChak
100 posts
Posted by BoomBoomChak > 2016-09-25 21:11 | Report Abuse
Fitters fitters.....i m selling u if u r still so inactive