simplesimon123

simplesimon123 | Joined since 2016-10-20

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2016-10-20 11:42 | Report Abuse

RM13m or 1 sen dividend will go a long way to keeping your shareholders happy and is not going to make a dent in the company's balance sheet or derail its investment plans.

Stock

2016-10-20 11:11 | Report Abuse

They are net cash RM70m with more than RM60m coming in every year before capital expenditure of less than RM20m. They already have so much cash. What is wrong with a 1 sen dividend? That is just RM13m. Last year the dividends was just RM6.6m Compare that with how much they pay themselves and esos too.

Stock

2016-10-20 10:48 | Report Abuse

If the management is serious about increasing their own wealth and that of their shareholders, they must increase the dividends to more than 1 sen. The current 0.5 sen dividend is only enough to support the price at current levels.

Paying themselves high salaries only make J Loh happy. More money to pay for his parties. Dividends are tax free. Increase it. You can't take it to your grave with you.