simple as this, if u take ulicorp 7133 for example, it declared dividen of 3 sen and current price 82sen, which equivalent to ROI of 0.03/0.82 = 3.7% same as FD rate..if chuan huat declare 2.5 sen dividend which is around june as proposed on 26 feb 2013, and assuming the price can reach 60sen, ROI shud be 0.025/0.60 = 4% well above FD rate...moreover at 60sen, PE is still attractive at 8x...
but no worry, if you r a value trader u know 0.535 is still worth price, as the net current asset per share is 0.54 according to my calculation. so just keep it ba
The Board of Directors of Chuan Huat Resources Berhad ("CHRB") wishes to inform that all the resolutions as set out in the Notice of the Nineteenth Annual General Meeting ("AGM") dated 3 June 2013 were duly passed and approved by the shareholders of CHRB at the AGM held today.
when u buy the share u buy the potential of the company, why so short sighted to sell it? Aim long for more gain. If u r a speculator but not a value trader, this is not a counter for you.
the company is having positive cash flow as compared to the previous quarter, net asset per share of 0.97, which include 0.54 of current asset per share, PE 5+ and dividend yield of 5+%, isn't it already undervalue in the market?
Chuan huat resources bhd(7016) recently declared its first and final dividend of 2.5c for YE 31/12/2012..better play safe and buy this fundamental strong counter..
simple as this, if u take ulicorp 7133 for example, it declared dividen of 3 sen and current price 82sen, which equivalent to ROI of 0.03/0.82 = 3.7% same as FD rate..as for chuan huat 7016 it declared 2.5 sen dividend on 3 july 2013, and assuming the price can reach 60sen, ROI shud be 0.025/0.60 = 4% well above FD rate...moreover at 60sen, PE is still attractive at 8x...
the part of return of dividend does not hold truth, as although chuan declared 2.5 sen of dividend but don't forget it need to be taxed 25%, which result into 1.875 sen of dividend. Take 0.01875/0.5(roughly price) = 3.75%, which is more or less FD....
All the veterans, apek, nyonya, pakcik n makcik want to chase for the annual dividend which will go ex on this 29 july...u will miss buying at lower price if u didn't buy now
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....
necro
4,726 posts
Posted by necro > 2012-06-12 17:26 | Report Abuse
3.5 cent dividen