TASCO's coming quarter results Q4 2015 EPS will be based on 50 sen after bonus issues, so the EPS will be much lower. As such, dividend yield will also be lower. Current EPS is based on RM1.00 per share.
Kindly be advised that trading in TASCO's shares has been halted with effect from 9.00 a.m., Tuesday, 24 January 2017. Trading in the above shares will resume with effect from 10.00 a.m., Tuesday, 24 January 2017.
Your attention is drawn to Tasco's announcement dated 24 January 2017.
TASCO BERHAD ("TASCO" OR THE "COMPANY") 1) PROPOSED ACQUISITION OF SIX (6) PARCELS OF LEASEHOLD LANDS FOR A CASH CONSIDERATION OF RM113,827,400; AND 2) PROPOSED ACQUISITION OF 3,000,000 ORDINARY SHARES OF RM1.00 EACH AND 2,800,000 REDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.10 EACH IN MILS COLD CHAIN LOGISTICS SDN. BHD. AS WELL AS THE ASSUMPTION OF LOANS FOR A TOTAL CASH CONSIDERATION OF RM29,925,100.
It is a good company, unfortunately they just brought in a worst customer to their distribution services earlier this year. Foresee it will impact the P&L.
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Posted by coolio > 2015-07-22 10:25 | Report Abuse
lai liao..kikiki