Net cash company with high free cashflows. Free cashflow yield is high too. Strong ability to expand and pay dividend now and in future. Enhancing shareholders value company.
1 month countdown for 4th quarter release, hope for dividend to reward their investor, usually last month of a profitable company their share price should be start run before the next result release. Last report shown 11.63M cash on hand, paying 1 sen as dividend equal to 2.06M total, which is just ~17% of their cash. 1 sen dividend based on 0.28 share price, reflect ~3.5% dividend yield of year, which is quite fair for investor. A profitable company which pay dividend, should stand above PE 15. Last quarter report said lower revenue was due to holiday season, if they record higher revenue this quarter which the same sustainable profit margin, EPS 0.08 should not be a problem. Based on 0.08x4=0.32, fair value = 0.32 (PEx10). If all of the above statement correct, before FOMC September meeting, its share price could should stand above 0.40 (for anti-ESCERAM supporter...don't fire me please).
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HupSengBiscuit
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Posted by HupSengBiscuit > 2015-06-03 15:40 | Report Abuse
Anyone got any comment on this counter?