Corston Smith Asset Management's Datuk Shireen - has been appointed non-independent director. Oddly though I don't see the fund's name in the top 30 largest shareholders
Day 56 of Fundamental Daily, YAPSS will be covering Apollo Food Holdings Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #ApolloFoodHoldingsBerhad
Everywhere you go you are shouting TP 1.00. What authority do you have? Who the heck are you? You sound stupid. Perhaps you are really STUPID. If you're really that stupid, don't let people know that you are stupid. That's the stupidest thing to do. Damn you!
Below expectations. Apollo recorded 2QFY20 core net profit of MYR3.15m (-9.2% YoY, +5.6% QoQ), bringing 1HFY20 core net profit to MYR6.4m (-31% YoY). This is below our expectations, accounting for just 37% of our previous full-year forecast. The group’s topline was lower than expected, which we believe was affected by a challenging environment and intense competition. No dividend was declared.
Apollo remains a wonderful company which generates consistent dividends for its investors. Its lack of growth and innovation is troubling but I believe the company could easily sustain its dividends and cash flows for another 10 years and hopefully more.
The impending dividend and an expected good QR later in the month should see this counter being one of the many companies emerging handsomely post-covid. Accumulation is a no brainer.
The share price was forced down by a quantum of more than the declared dividends due to the huge persistent selling by Amanah Saham of 2.328 million shares throughout 9 Nov to 9 Dec period. Guess why? Cos Amanah Saham had to find every single penny to pay the annual dividend before 31 Dec 2020. Honestly it doesn't make sense for Amanah Saham to sell before such lucrative dvd going ex. Unless they had to cos of cashflow...
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Posted by sheldon > 2018-02-05 09:56 | Report Abuse
Corston Smith Asset Management's Datuk Shireen - has been appointed non-independent director. Oddly though I don't see the fund's name in the top 30 largest shareholders