Paying 1 sen dividend despite company hoarding so much cash is like insulting the other shareholders who have suffered so much for him over the years. The Yap fellow is indeed heartless!
Even Icap never pay 0.1 sen to 0.5 sen dividend loh!
Posted by Johnzhang > Jun 19, 2021 3:43 PM | Report Abuse
Paying 1 sen dividend despite company hoarding so much cash is like insulting the other shareholders who have suffered so much for him over the years. The Yap fellow is indeed heartless!
Paying $0.01 when cash per share is $0.60? The Yap fellow is too cunning and ungrateful to the minorities who have suffered huge capital loss for years . Of course he will keep it minimum to keep share price as low as possible for buybacks and eventual cheap privatisation! Ruthless!
Agreed. It’s a matter of when Duta Yap is going to take it private. It may be sooner than later amid extremely poor market sentiment which may make thing easier for him .
For many years the ROE of this company was hovering around the zero. From a fundamental perspective why would you want to invest when you have better Bursa plantation companies https://www.youtube.com/watch?v=9KhboTCMdEg
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Petronas
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Posted by Petronas > 2021-06-19 09:19 |
Post removed.Why?