More towards fake queue. They want to accumulate. Look closely the exchange rate difference between March - May and June - August . This may benefit homeritz in their coming report.
if quarter result good, then sure GAP UP gaolat liao lo.... last 3 quarters already almost the last year full year (FY15) result.... one thing we can assure is FY16 will definitely beat FY15. Only thing is to see whether QOQ and YOY can be beaten or not... if yes... cheers more
HOMERIZ : A good proxy to high dividend yield seekers.
The less favourable result for Q4FY2016 was attributed to the reduction in volume sold of 8% compared with Q4FY2015.
The volume sold declined, arising from reduction of manpower (the shortage of foreign workers) stemming from the government’s decision to temporarily freeze the intake of foreign workers for all sector announced in February 2016.
1)The company would benefit from strong US$.
2)Strong balance sheet with healthy net cash position of 18.8sen/share as at 31 August 2016 to support progressive dividend payment.
3)Dividend yield for HOMERIZ is one of the highest in the sector. The total dividend declared for FY16 to 5sen (FY15:4sen), implying an attractive yield of 5.2% ( share price 95.5sen), based on more than 50% payout ratio. Expect the share price to be supported by the group’s dividend yield of 5%.
整合一年的业绩表现 Net Profit margin 17.79% still very high shows competitive advantage. Revenue YoY grow 7.6% and profit 9.1% show it is still growing. This year profit Rm28 million / Equity RM116 million= ROE 24% Cash flow is good. Holding Cash Rm 57million. No borrowings. Dividend 5 sen / 0.955 = 5.23% Homeritz is a super cash cow.
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....
Johnnybong
8 posts
Posted by Johnnybong > 2016-10-13 09:27 | Report Abuse
Bullish moment, potential to hit 1.00 today