Always looking for the best yields
Followers
0
Following
0
Blog Posts
0
Threads
1,406
Blogs
Threads
Portfolio
Follower
Following
2015-09-04 10:27 | Report Abuse
At 3.30 as the latest research report says is getting cheaper. The duck is getting fatter with profits made but no dividends. The price though is not revised. In my opinion the price is not acceptable. To objectively derive a fair price, they should apply the following formula.
The price of 3.30 (agreed long ago) compounded monthly at say 3.15% per annum (monthly FD rate) for the duration of the delay + the future value of dividends they normally would have paid but did not during the intervening period (i.e. between the date of agreement & the date the deal is settled) compounded monthly by the same rate.
That's fair - not a penny more or a penny less.
2015-08-28 15:28 | Report Abuse
Profit for the year improved by 8.6% & EPS improved 8.9% but share price going south
2015-08-28 09:59 | Report Abuse
Although good news from Philippines, B.Toto has political risk exposure.
2015-08-25 10:29 | Report Abuse
The latest quarterly results show no top-line growth. The net profit however increased not because of management capability but due to luck. The large increase in MGS yield caused a reduction in contingent liabilities.
In summary, the management is inept and the major shareholders seem to allow it to drift into oblivion. How long do they want to wait before taking any action? Take the bull by the horns - do something!!
2013-10-31 11:08 | Report Abuse
yes my concern as well. Is it due to the impending quarterly?
Stock: [KIANJOO]: KIAN JOO CAN FACTORY BHD
2015-09-04 16:36 | Report Abuse
I wonder what will happen on 30 Sep - another extension?