If management remuneration is partially depending on the dividends, that will be good. Profit without dividend is just like candy for kids to see but cannot eat. Anyway, saved 50% from this counter. Good luck everyone if the management didn't blame on weakening pound for a lower dividend.
This stock registered even higher earnings in last Aug-Oct'18 quarter but stock price kept coming down since then. Let's see if this quarter's improved earnings can drive the price upwards. This would depend on how market weight the negative factors, i.e. Brexit risk, poor property stock sentiment, vs positive factor, i.e. improved earnings.
A lot of people can forecast the improved earnings in this quarter and quarters to come. Thus, there is no surprise for this quarterly result. I suppose that explains why its stock price doesn't move much today. EWInt needs more than improved earnings to move its stock price. The weight of Brexit and poor sentiment for property stock in Malaysia are just too heavy.
Interpret it from different angle, management ask minority SHs to puasa till 2020 where dividends will be ready then. Uum, time to consider... Hopefully pound rebounds.
Sadly but true. UK is on its own now....... Very interesting now like drama, especially with Boris on the forefront now. Hahaha __
kinuxian Institute investors still shy away as brexit Oct 19 target still muddy by now. Just 5 weeks away but internal fight still non stop. On external front, no firm revised proposals table to EU.
Expect profit will be dragged by pound which the management remains silent but only keep on talking about booking in revenue in the coming quarters. Best for trading only.
Absence of end financing is the top reason for the higher number of unsold units in the first half of 2019 (1H19), according to Rehda..... bullshit. If today's houses priced below 300k, there will be no issues. Rising income discrepancy, over price properties, youngster have to serve ptptn, etc are the main reasons.
BoJo is a little bit overexcited... seriously heavily affected by his half clone brother from the mainland america... he kinda forget he, BoJo, is only a PM.... nothing close to a president! hahahahahahahahaha
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....
GoldenShares
3,543 posts
Posted by GoldenShares > 2019-09-19 23:18 | Report Abuse
up or down, it depends on brexit outcome, : )