CIMB Research report : management said annual capex at RM15m - RM20m. Annual Report 2015 showed EBITDA RM62.3m. Should be higher this year since company is now not only debt free but has interest income from their cash pile which according to the recent Star article stands at more than RM60m.
Net cash inflow after capex ( even assuming at the top end ) is easily more than RM43m. All this is after the directors remuneration of RM4m.
Conclusion : Every 1 sen dividend is only RM13m. Can easily pay more.
Stock: [RGB]: RGB INTERNATIONAL BHD
2016-08-13 15:25 | Report Abuse
CIMB Research report : management said annual capex at RM15m - RM20m. Annual Report 2015 showed EBITDA RM62.3m. Should be higher this year since company is now not only debt free but has interest income from their cash pile which according to the recent Star article stands at more than RM60m.
Net cash inflow after capex ( even assuming at the top end ) is easily more than RM43m. All this is after the directors remuneration of RM4m.
Conclusion : Every 1 sen dividend is only RM13m. Can easily pay more.