darrenliewINCREASED 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
darrenliewALREADY CASH RICH WITH INCREASING PROFITS AND ZERO BORROWINGS IT CAN AFFORD TO PAY MORE DIVIDENDS
darrenliewHIGH 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
darrenliewPAYING 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
darrenliewSO FAR PAID/PAYING 2INTERIM DIVIDENDS TOTALLING 10 SEN/1.33 = 7.52% YIELD.WILL BE HIGHER IF GIVE A FINAL DIVIDEND
darrenliewTop Dividend Yield Stocks (Cash Cows) Based on Free Cash Flow Per Share Author: fast | Publish date: Thu, 3 Mar 2016, 09:57 AM
(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)
shortinvestor77The into is inaccurate. For instance div yield for Uoadev is 15 cents, not 13 cents as mentioned.
darrenliewa 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
spaghettiAfter dividen .it will drop back to 1.08 cent.
darrenliewEX 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.
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.
nelsonlai82bought 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
moneygameThe 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.
moneygameGreat results! more dividends next quarter
RainTGood result ????? Year on year and quarter and quarter also drop !
KensingtonResult is bad because of 4 consecutive quarters reporting lower profit before tax. So the recent run-up in the share price doesn't seem justified. Let's see what's the reaction of the investing public on Monday.
RainTAfter my further investigation Profit drop due to loss on forex forward contract This is non operating items
RainTAnd actually the GP margin still maintain high at 44% which show that the operating side is good If exclude the loss forex forward contract ....the core profit will be 4million , quite similar compare with YoY and QoQ
RainTSo can buy when the price down And based on the quarter report, the management seem confident FY2017 will be another good year