Annual dividend of 1 cent is about 6% is reasonable ..... let the company grow n eventually we can expect better yield later ...... hv a nice weekend ..... cheers ......
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.
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....
firdausjumaran
2 posts
Posted by firdausjumaran > 2016-08-11 15:01 | Report Abuse
Is it ok if i want to buy this stock right now? Have sugestion? Im newbei..