dividend not sure. last yr they paid 10c div in May. either they payout div next Q and give higher div rather than spread out over 4 Qtrs. because the last Feb div was also a surprise div. btw, kudos to those that have patient and hold on to the company shares despite the market noises. now we can go back to sleep again. while the company generates cash for us. Gudnite peeps !
becoz inventory lvl increased and payable decreased. why are they trying to keep stock? is it a strategic idea? due to cheap feedstock? :) but dont worry. free cash flow/revenue still ~8.5%. still healthy.
Cash in bank decreased due to dividend paid. cash flow decrease cause they are holding inventories. probably raw material as their sales is not bad this quarter. the current concern for now is poor sentimental in US and Euro. once they are cured, this stock will surely jump!
Homeritz Corporation (BUY ) 2QFY15 Results Homeritz’s 1HFY15 revenue of RM71.2m (+11% yoy) translated into PATAMI of RM10.8m and accounted for 44% of our full year estimation (versus average of 42% of full year).. We deem the earnings in line with our expectations as 2Q has always been the weakest quarter for the group due to seasonality. Historically, 2Q represents on average 19% of full year earnings (versus 26% of our full year estimation for the current quarter). Despite recent strengthening in ringgit against USD, the group could still benefit from strong USD as our base case forecast for revenue and net profit for FYE15 assumes an average exchange rate of RM3.50/USD vs average of RM3.24/USD achieved in FY14. We maintain our BUY call on Homeritz with a target price of RM1.54, based on 10x P/E which is premium to the furniture industry average P/E of 8x as we forecast the Group’s CAGR growth at 14%.
boonboon. no need top up. if you have 2000 units, they will award you with 1000 units. if you have 7000 units so u get extra 3500 units of shares. total you will have 10,500 units of shares. so u take the number of shares u hv, divide by 2....
best to hv even numbers. warrant is 1 for 4. based on my example above 10,500 units divided by 4 your will entitle to get 2625 units of warrants. odd number...
What do you mean by dilute earning? Can you provide the link to the news? Homeriz show a good result If Homeriz is not good enough then tell me any counter that is better to be awarded.
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....
Christensen
219 posts
Posted by Christensen > 2015-04-29 18:52 | Report Abuse
I so hope to buy more at 80 90 cent
Why no one sell to me