HustleThis is too much,used our M'sia investors money RM450,000 to rewards for the arrest of the Ming Pao ex-editor attacker, duration of the rewards will be effective for 10 years. Our M'sia investors really looks like soh hai by the Hongkee.
wplounThis company 3 year dividend increase, mean company earn money. Dividend (2013) = 46,15cent, Dividend (2012)= 8.33cent, Dividend (2011) = 6cent. Can hold for longterm ????
Hustlewploun seems like you forget to type -40sen at the 2013 dividend :)
Base on the China Press daily reporting, seems like the ex HK editor already conduct some conflict with the HK thugs, hope that it won't affect their oversea business.
Patrick Ngianthat's why he has been replaced..i don't believe there is no true freedom to speech now in hong kong... at least china won't allow them to say or disclose anything they want..
vaentecBalance sheet looks ugly. Everything else is fine.
vaentecI think..many people has been fooled by the dividend paid out of 41 cents. Dividend paid out was borrowed from others. There should be no increase in the intrinsic value of the stock but as decrease of 41 cents. Plus the long term effect of the high debt will doom this company. An increase of interest will see this company fall and it is very likely there will be interest rates hike by2017. IIt's a good business model but the financial position is just too risky an investment.
rlchLatest quarterly report has shown net gearing reduce from 33% to current 21% so expect reduction in interest expense going forward. Those buying now is not a fool as downside risk is limited as it is supported by attractive dividend yield above 5%.
Patrick NgianInterest rate increase will be good for the company. But not good for the bond holder as price of bond will drop. And they already issued Aa1 bond to pay back their short term borrowing. It will reflect on the next financial report.
vaentecFrankly, i am eyeing on this company as it has some kind of monopoly on Chinese media in malaysia,however, my criteria for a stock is for it to have very low debt. Would love to own this company but for now, i need to see improvement on the financial position before i am comfortable to invest heavily. Good luck.