Entry price level at previous interim was lot higher. Therefore, the interest % wud be lower as calculated by hng33. Since then I have accumulated and also got the WA.
The demand focus for auto parts is still positive. Hope CAP is in the right sector. Look forward to share price touch 0.40c near month of August.
CAP got to sort out it's image. A sost effective way is to turn-up an impressive profit. Good utilisation of it's "extra" cash i.e. F.D. returns. With benefit of doubt (otherwise I won't invest) still making a profit and somewhat undervalue, this is how I see CAP being a dark horse. But, pls dun take years for the makeover.
would trade higher on Friday based on the latest financial report
For the current financial quarter, the Group recorded revenue of RMB179.6 million, down 3.1% compared to that of RMB185.4 million in the corresponding period last year. With overall volume remaining more or less the same, this decline was primarily due to the drop in the average selling prices of certain products by 5.7% to 7.0% on a year-on-year ("YoY") basis.As a consequence, the Group's gross margin was reduced by about 6.6% to 29.6% for the current financial quarter from that of 31.7% for the corresponding period last year. Despite the drop in revenue and gross margins, profit before tax ("PBT") increased by 25.4% to RMB47.2 million in the current financial quarter from that of RM37.7 million in the corresponding period last year. This increase was mainly due to one-off listing expenses of RMB11.3 million incurred in the preceding year as well as the YoY reduction in administrative expenses of RMB5.0 million.
listed as 68 cts.Makes tons of money but the share price drop and drop. check against CSL . Pattern the same.Give u divident 1 cts ,share drop 5 cts .....Just beware . Anyway,Is this owned by PRC (China ) people,just to confirm.
With some stock at RM1 giving 1 sen div I think CAP giving 1.55 sen for 31 sen is equivalent to more than 3 times or 4.5 sen. Actually about 5 sen for every one ringgit. Wondering why still so many shying away. Maybe still too far away
Final Dividend EX-date: 04 Aug 2014 Entitlement date: 06 Aug 2014 Entitlement description: Final dividend of RMB0.029 (equivalent to 1.518 sen) per share for the financial year ended 31 December 2013
better don't touch the China based company, their came here to collect your hard earn money; declared dividend for 1st & 2nd year only; later suddenly bad thing happens & factory burnt, then no more dividend payout; example Msports & CSL or mostly others China company not even pay you single cents! all same pattern & strategy, please avoid them. period.
Yah lor! Give out dividend also hv to wait till Sept '14 only can get. Dividend moni got to follow component parts by ship meh!!! This z internet age lah!!!
I believe a group of Chinese companies belonging to a syndicate is in South-East such as Hong Kong,S'pore and Malaysia to con innocent investors with fake cash and ficticious a/c and eventually impovish them of their life saving. It is prudent on the part of Bursa to stop these companies from listing bcos Bursa lacks the manpower/power to monitor them closely.
Agreed with u all...... therefore we have to cautious about the listed companies which are China based and also stay away from it. Our Bursa should put a full stop to all those to protect the local & foreign investors.
CAP price now at 30.5sen have limited downside risk, mainly supported by 1.518sen final dividend, yield at 5% nett yield. If take into account previous interim dividend 1 sen, total CAP dividend yield is 8.3% nett
229 (CAP) Final Dividend RMB0.029 (Equivalent to 1.518 Sen) 17-06-2014 07:00:09
Entitlement Details: Final dividend of RMB0.029 (equivalent to 1.518 sen) per share for the financial year ended 31 December 2013
Entitlement Type: Final Dividend Entitlement Date: 20140806170000 12:00AM Year Ending/Period Ending/Ended Date: 31-12-2013 EX Date: 04-08-2014 Payment Date: 05-09-2014
A depositor shall quantify for the entitlement in respect of: -Securities transferred into the Depositor's Security Account Before: 20140806170000 12:00AM in respect of ordinary transfers -Securities bought on BMSM on a cum entitlement basic according to the Rules of the BMSB
Just wanna say that if you look at CAP's dividend announcement is on 21st May.
But ex-date is sooo late in August and payment in September. If that's the case why not only announce dividend in August after another quarter of results.
Just things that make you wonder and look fishy, I also wish out of all these China companies 1 of them will be truly genuine profit generating business that benefits investors.
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....
focuz
1,447 posts
Posted by focuz > 2014-05-22 10:42 | Report Abuse
hng33: "CAP have declare first interim 1sen dividend, follow by latest final dividend of 1.518sen,"
Tis 1 sen dividend. I dun find tis news. Is tis from last year Nov?
Disappointed tat entitlement & payment waiting time so far out.