one of the most stable stocks with high dividends... even without any growth in revenue or profit, with such dividend payout.. it is worth to buy...
and for this year.. management indicated there will be a high single digit revenue growth in USD... now that USD keeps strengthening, for Q3 & Q4... we will see more revenue and profit in MYR currency... just buy and hold...
COMMENTARY ON CURRENT YEAR PROSPECT To the best of our knowledge, based on our customers positive outlook on demand, the Group expects a high single digit of revenue growth in USD for the financial year ending December 31, 2018. We do not expect any significant changes in our principal geographical areas of distribution and product group contributions. Factors that will affect our performance include fluctuations in USD, material shortages or fluctuations in material prices and increasing labour costs. Nonetheless, the Group is confident that we will remain profitable and maintain a strong balance sheet.
Thanks Shines for your info that the company is paying another round of 7 cents dividend. Uchitect never fails to amazes me it is a money making machine. Congratulations to all shareholders.
Cheers folks, ini kali lah. High margin is the Co.'s trump card, sincere business, good stragedy and good costing controls all adds up to the final profits
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....
Sardin
840 posts
Posted by Sardin > 2018-08-09 22:52 | Report Abuse
RainT... don't forget another dividend in Dec