It will be good if theres dividen announcement together with financial result 2morrow :D
FY13 results may come in above our expectation as a result of the higher than expected margins, thanks to a better network efficiency as well as cost synergies created from various collaborations. We have, thus, raised our Redtone’s FY13-FY14 GP margin assumptions by another 100 bps each to 42.4% and 41.5%, respectively. The higher GP margin assumptions have also led us to raise the group’s net profit forecast to RM25.5m in FY13 and RM26.5m in FY14 (from RM23.6m and RM25.0m previously). Meanwhile, the group’s FY13 dividend per share forecast has also been raised to 1.6 sen (from 1.5 sen previously) based on an unchanged 30% targeted payout ratio. Note that, Redtone has a formal dividend policy to distribute a minimum 25% of its net profit to reward shareholders.
viper88, is this another latest research from a research hse? Hopefully the result is really above the expectation. Really wait until the very last day only announced & I hope it is really worth the wait.
one good example for Today spritzer is down although financial is good enough. So dun be high expectation on good result that make price fly .high disappointed with high expectation
Dividen should be announced soon coz its the 4th Financial Qtrs. :D (group’s FY13 dividend per share forecast has also been raised to 1.6 sen (from 1.5 sen previously) based on an unchanged 30% targeted payout ratio)
Seller queue higher than buyer queue. Can see some light accumulation at 0.815. Not much buying strength yet. Normally during the last day bfr financial result annouce for some stocks, can see last strong push up the price by big players to cushion the next day profit taking seller impacts.
just take a look the history this counter dont hope for good news will kick out all the contra and short term player then start to move up high in near term !
For this counter my own opinion strategy is >>>>Dont expect much on TA but more weight on FA and Do A Reverse investors, the reverse operation to bring you the benefits. holding power at the end is the winner !
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ivan10
71 posts
Posted by Ivan10 > 2013-07-30 17:56 | Report Abuse
kenanga research said report tmr juz release?