darrenliewSTRONG 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
darrenliewINSIDER 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
darrenliew2ND 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.
shortinvestor77You 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.