Been holding for 2 years, dividen given already covered my small paper loss, now onwards dividen at least 6%=my profit..hehe..yes it is slow but surely
Why yesterday jumped to 1.97?? Due good results for Q1 (29.2.2012) and insider buy first? Based on 60% dividend policy, next dividend may be more than 3sen. (I guess)
despite the global economic outlook is fragile, Huang DBS Vickers Securities Research is expected to speed far Group (Zhulian, 5131, consumer goods group) will achieve a higher profit in fiscal year 2012 performance, maintaining its "buy" rating and target price2.30 ringgit.
Wong Securities, said: "in the first quarter of fiscal year 2012, the speed is far Group achieved the profitability of $ 8.4 million ringgit (by 22% year-on-year; quarterly by 1.4%), which is reflected 27% of our full-year forecast. "
The securities firms added speed far from the Group's first quarter turnover of 100 million 12 million ringgit (30% annual growth; quarterly by 29%), mainly by domestic (food and beverage and nutritional product demand is high) and export sales (especially Thailand), the contribution of driven two blocks respectively Quarterly sales jumped 24 and 34%.
At the same time, the speed far Group delivery of the first interim single-layer dividend of 3 cents per share, equivalent to a net dividend yield of 1.6%.
The Huang Securities added: "The speed far from the Group's net cash as of the end of February, 100 million to $ 1.6 million ringgit (RM 100 million to $ 7.7 million in fiscal 2011), or equal to 28.6 cents per share."
I am selling today, not because it is not good but I have bought too much earlier, now need to re-balance my portfolio and gearing. Will enter if price drop later after the ex-date(I estimate 50% chance)...
Fantastic result. EPS 6.34 if annualise RM2.53, based on current price RM2.10 the stock is only trading around p/e 8+ compare with Haio p/E 12 and Amway p/e 17. Good dividend yield at 5.3%
Najib, i think soon you will have a big following. You are very perceptive and i like the way you do your valuation. Well done bro. We need more people like you! :)
KC, thanks a lot for your compliments. We need to be responsible when we put up our comments here. If we recommend stocks that lack of fundamental like Ariantec,Metronic Global, we will be cursed by people if at the end they loss money. The forum here should be utilised as a platform that promotes good and undervalued stocks that will benefit the forumer here.
Good posting and comments by Najib Zamry. We take full responsibilities of our posting and recommendations write-up. That is the best spirit we must have in here. We compliments each other and we comprehend each other. Again, thanks NZ for the valuable posting. :)
I think this is the place we can share our thought! Nice to meet you all. I like Zhu Lian for the sustainability in earning and dividend. Anyway, I will only buy if the share drop back to RM2 as the price to increase in this share is limited in my opinion. If long term player, shd be a good counter,
bro Najib have been reading your take on this counter, steady and good, based on fundamentals, this seems to be a cash cow, and plus dividend this 30/7 and coming hari raya celebs with plenty of buying power by zhulian customers, will go higher. Would you think so?
Namoyaki,Zhulian is still one of my favourite stocks as the growth remain intact and the company is cash rich with high dividend yield. However as election is around the corner, I would advocate sell half and keep half strategy. Frankly speaking, I see limited upside for Malayisa's blue chip stock as the p/e is relatively high. Now it is time to keep more cash.
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....
Fat Cat Tim Buddy
2,340 posts
Posted by Fat Cat Tim Buddy > 2011-12-12 16:43 | Report Abuse
the stock chart is cacat?