| KLSE : CSCENIC || || CLASSIC SCENIC BHD |
|Last Price ||Today's Change || Day's Range || Trading Volume |
|1.87 || +0.02 (1.08%) || 1.84 - 1.87 || 74,100 |
|Market Cap: || 225 Million |
|NOSH: || 120 Million |
|P/E | EY: || 14.47 | 6.91% |
|DY | Payout %: || 6.42% | 92.79% |
|NAPS | P/NAPS: || 0.78 | 2.40 |
|Avg Volume (4 weeks):||62,800|
|4 Weeks Range:||1.75 - 1.87|
|52 Weeks Range:||1.20 - 1.91|
|Average Price Target: || 1.30 |
|Price Target Upside/Downside: || -0.57 |
ramunia I think , this is going to goreng soon, most probably tomorrow will see the uptrend.
Xu Yu Fu 8% dividend is how much?
ken law This is old man stock. very slow moving. Good only dividend high.
michaelwong Boh lat liao ! ........end game.......habis .
darrenliew 2015 RESULTS AND PROFITS ARE SATISFACTORY. DIVIDENDS WILL ALSO BE HIGH WITH AT LEAST 8 SENS OR RM80 PER 1000 SHARES. THE 4 Q RESULTS SHOULD BE BETTER WITH MUCH OF ITS FX HEDGING CONTRACTS BEING WOUND DOWN.
( WHILE THESE CAN PROTECT ITS REVENUE AND PROFIT MARGINS , THEY HAD ALSO CAUSED IT TO MISS A GOOD PART OF THE FOREIGN CURRENCY GAINS DUE TO THE FALL IN OUR RINGGIT).
HENCE WE CAN EXPECT ITS 2016 AND FUTURE YEARS PROFITS TO HAVE GOOD GROWTH WITH THE FULL BENEFIT OF FOREX GAINS, THEN WE CAN GET EVEN HIGHER DIVIDENDS, EVEN ON A QUARTERLY BASIS
darrenliew STRONG BUYING MOMENTUM FOR CLASSIC SCENIC
Author: ong88888 | Publish date: Thu, 25 Feb 2016, 09:05 PM
This article first appeared in The Edge Financial daily yesterday
Classic Scenic (Fundamental: 2.25/3, Valuation: 1.4/3) triggered our momentum algorithm yesterday as the share price jumped 3.88% to close at RM1.34 yesterday, with 1.33 million shares traded, which is high relative to its 200-days average volume of 107,754.5. Its market capitalisation stood at RM161.47 million.
The group is expected to announce its last quarter earnings for FY15 this week. The group has been paying dividend consistently for the last 10 years with an average yield of about 11.38%.
michaelwong Good dividend payout , but share price not impressive and movable .
balvin71 Good results. Excellent dividends. Just went in today.
balvin71 Only concern is Mr. Lim Chee Khoon keep selling.
supermix2 balvin71 Only concern is Mr. Lim Chee Khoon keep selling.
Yes, brother, the price had gone up more than 11 cents just 1 month back, on this day the share price was around 1.22 cent, so now perhaps giving high dividend will attract buyers & increase in share price and maybe, just maybe,too the opportunity of the boss to dispose his shares? So now buy it's not worth as dividend is included in the price too.
darrenliew INCREASED PROFITS BY 11.5M OR 14% IS A POSITIVE FACTOR POINTING TO HIGHER PROFITABILITY IN FUTURE YEARS. THE POSITVE BENEFIT OF INCREASING EXPORT REVENUES IN FOREIGN CURRENCIES HAD JUST STARTED TO FLOW IN AFTER ITS FX HEDGING CONTRACTS WERE WOUND DOWN.
ANOTHER PLUS FACTOR IS ITS HIGHER CASH DIVIDENDS THIS CURRENT YEAR.NOTE THAT IT IS NOW PAYING 2nd INTERIM D FOR ITS 4Q RESULTS. ANOTHER DIVIDEND AS A FINAL D IS VERY LIKELY.
TWO ANALYSTS HAD GIVEN ITS PRICE TARGETS OF 2.06 n 2.16
darrenliew ALREADY CASH RICH WITH INCREASING PROFITS
AND ZERO BORROWINGS IT CAN AFFORD TO PAY MORE DIVIDENDS
darrenliew HIGH DIVIDEND YIELD STOCK.
EXPECTING EVEN HIGHER DIVIDENDS IN THIS CURRENT FINANCIAL YEAR AS THE PAYMENT OF ANOTHER DIVIDEND AS A "FINAL DIVIDEND" IS VERY LIKELY (noticed that its current 6 sen payout is declared as 2nd Interim from its 4Q profits).
WITH ITS INCREASING PROFITS, STRONG CASH BALANCES, IT IS POSITIONING ITSELF TO GIVE 4 QUARTERLY DIVIDENDS + A FINAL DIVIDEND.
A GOOD HIGH YIELDING STOCK WITH MUCH HIGHER CASH RETURNS THAN BANK FIXED DEPOSITS N EVEN EXCEEDING EPF's RATE.
A SAFE INVESTMENT GRADE SHARE GIVING HIGH DIVIDENDS.
CIMB GIVES IT A FAIR VALUE TARGET OFB2.16
darrenliew PAYING 7.52 % CSCENIC IS THE TOP 3 AMONG TOP DIVIDEND YIELD STOCKS BASED ON FREE CAS FLOWS (cash cows) PER SHARE.
LIKELY TO RANK HIGHER WITH GOOD PROSPECTS OF A FINAL DIVIDEND PAYOUT FOR THE FINACIAL YEAR ENDING 31/12/15
darrenliew SO FAR PAID/PAYING 2INTERIM DIVIDENDS TOTALLING 10 SEN/1.33 = 7.52% YIELD.WILL BE HIGHER IF GIVE A FINAL DIVIDEND
darrenliew Top Dividend Yield Stocks (Cash Cows) Based on Free Cash Flow Per Share
Author: fast | Publish date: Thu, 3 Mar 2016, 09:57 AM
Company Share Price Free Cash Flow Per Share Dividend per Share Yield
JCY RM0.66 RM0.0734 RM0.0675 10.23%
YTLE RM0.53 RM0.0432 RM0.04 7.55%
Cscenic RM1.33 RM0.1143 RM0.1 7.52%
Media RM1.36 RM0.0817 RM0.1 7.35%
Star RM2.45 RM0.2648 RM0.18 7.35%
Huayang RM1.8 RM0.282 RM0.13 7.22%
YTLPowr RM1.47 RM0.1005 RM0.1 6.8%
TienWah RM2.71 RM0.2618 RM0.18 6.64%
Maybank RM8.79 RM1.3839 RM0.57 6.48%
Haio RM2.38 RM0.2509 RM0.15 6.3%
UOADev RM2.12 RM0.1664 RM0.13 6.13%
YTL RM1.58 RM0.1204 RM0.095 6.01%
FLBhd RM2.43 RM0.2883 RM0.15 6.17%
(NOTE THAT SCENIC'S CURRENT YTD DIVIDEND YIELD OF 7.52% IS BASED ON 2 INTERIM, DIVIDENDS TOTALLING 10 SEN.. IF THE LIKELY PROSPECTIVE FINAL DIVIDEND IS DECLARED , THE ITS TOTAL DIVIDENDS AND THEREFORE YIELD WILL EVEN BE HIGHER)
shortinvestor77 No more final div, this 6 cents is last one.
shortinvestor77 The into is inaccurate. For instance div yield for Uoadev is 15 cents, not 13 cents as mentioned.
darrenliew a prospective Final Dividend is likely as part of the Board of Directors corporate strategy to make Cscenic into a VERY HIGH DIVIDEND YIELD STOCK to attract institutional investors.
Note that it declared the current 2nd dividend as "interim" from its 4Q profits. it did Not classified it as "Final". Hence the Directors can always opt to pay ANOTHER as its Final dividend.
After all, Cscenic is cash rich and is making increasing profits. It has strong free cash flow (as it business model do not need heavy capital expenditures (CAPEX). I am optimistic of getting a Final D which will be a very good corporate policy to adopt
spaghetti After dividen .it will drop back to 1.08 cent.
darrenliew EX DIVIDEND AND PAYMENTS DATES FIXED AT 28 APRIL AND 18 MAY ARE A BIT TOO FAR AWAY. HOPE DIRECTORS CAN IN FUTURE SET SUCH DIVIDEND DATES NEARER SO THAT WE DON'T HAVE TO WAIT THAT LONG.
GTMS will drop back to 1.20 ~
darrenliew STRONG FUNDAMENTALS. VERY HIGH DIVIDEND YIELD AND GOING EVEN HIGHER SUPPORTED BY INCREASING PROFITS AND FREE CASH FLOWS (leading world exporter where its products dominate a niche market n where its business model is based on precision designs , quality n skills) DUE TO LOW CAPITAL EXPENDITURE (CAPEX) NEEDS THUS FREEING UP CASH FOR MORE DIVIDEND PAYOUTS.
CURRENTLY VERY UNDERVALUED . TWO ANALYSTS (including CIMB INVESTMENT BANK) give price targets of 2.06 and 2.16
darrenliew INSIDER ASIA ANNUALLY PICKS 10 STOCKS WHICH IT ANALYSED TO PERFORM WELL.
ITS PAST YEARS' SELECTIONS HAD MOSTLY PERFORMED VERY WELL.
ITS 2016 SELECTION INCLUDE "CSCENIC". IT OCCUPIES 3RD SPOT IN ITS 10 STOCK PICKS.
CIMB INVESTMENT BANK ALSO EVALUATED IT WELL AND HAD GIVEN IT A FAIR VALUE PRICE TARGET OF 2.16.
INCREASING PROFITS AND HIGH DIVIDEND YIELDS
darrenliew 2ND INTERIM DIVIDEND TO GO EX NEXT MONTH HAD BEEN CLASSIFIED AS "INTERIM" ANNOUNCED DURING THE RELEASE OF ITS 4TH QUARTER CUM FULL YEAR RESULTS FY ENDING 31/12/15. AFTER THIS INTERIM D PAYMENT, IT WILL BE ANNOUNCING IT'S 1ST QUARTER RESULTS FOR 2016. THERE ARE GOOD PROSPECTS OF ANOTHER DIVIDEND IN THE FORM "THE FINAL DIVIDEND " BEING DECLARED FOR FYE 2015.
THIS WILL REALLY MAKE CSCENIC INTO A VERY HIGH DIVIDEND YIELD STOCK.
shortinvestor77 You don't tell the truth. Its revenues have been dropping 3 Q for QoQ comparison. 4th Q 15801k to 15087k, 3rd Q 12686k to 11428k and 2nd Q 17414k to13530k. Now if Ringgit gets stronger but sells dropping, profit will be a lot less.
77huat77 Cash rich dividend rich roe show no growth and pe high also
eriktan Strange no one talk about this counter even move up 20 cts ???
Alex Tan http://www.valueinvestingstock.com/single-post/2016/06/23/6-Things-I-Learned-From-Classic-Scenics-Visit
Investeye Disposed all CSC..
traderman good. once weak holder dispose it will go 2.0
Investeye Have held for a year plus from rm1.30+, good return but the price is quite stagnant most of the time. ... will collect back when the price down again.
nelsonlai82 bought it at 1.35..
the reason i bought it because my dad hold for few years, and get a really really good dividend every year..and the director is one of my dad friend in the church..nthing much..just feel quite confident to this company
muscular Fairly valued oredi
nelsonlai82 US picture framing giant, Larson Juhl is Classic Scenic’s third-largest customer. Buffett bought Larson Juhl in 2002
Alex Tan http://www.valueinvestingstock.com/single-post/2016/10/12/How-I-Missed-40-Return-While-I-Was-Sucking-My-Thumb
stncws there are not medicine of regret!
Hanson Ng Good share to hold for long term.
wisdomtot tower top already... correction will last some time... can sell out and move to other counters.. revisit this after dust settled.
optimus9199 why go down so much this stock?
moneygame The Group's profit before tax was RM4.2 million, an increase of RM2.1 million or 100.0% as compared to RM2.1 million in the preceding year corresponding quarter ended 30 September 2015. The increase was mainly attributed to higher sales revenue and lower operating expenses as a result of lower fair value loss from foreign currency forward contracts.
moneygame Great results! more dividends next quarter