Now with 0.36 price, after deduct 12.9 sen cash per share it on hand, means u buy with 23.1sen per share, which also means PE 5 only, sometime ready don't know how people think.
GDB 1st halve is making about 15mil profits! I expect full year about 30mil profits! With a 30% dividend policy, you can expect 9mil as dividend. Divide 9mil by 625mil shares, you will get 0.0144 per share!
Depend on what price you buy GDB, dividend yield is about 4.2% at today closed at 35sen!
With the remaining 70% of profits plough into business to expand the business, you can expect earnings to improve to increase bottom line! Improving bottom line will support share price in 2 to 3 years!
Hap Seng Land have many projects! I am sure GDB is doing tendering with Hap Seng Land! Great to hear that GDB is having good chance in getting another one!
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....
Francisco García Paramés
87 posts
Posted by Francisco García Paramés > 2018-03-28 01:08 | Report Abuse
13x PE construction .. Got people want to buy meh ? There are plenty of 5x-8x PE construction company with good orderbook and unbilled sales