I think this share is good if compare to FD. I think next year dividend on March shd be ard 5 to 6 sen, equal to around 8% to 10% at the price of RM0.62. Those who want to earn dividend, can consider this share. The return is higher than REITS. With cash around RM0.36, i believe the company will continue reward the shareholder with dividend. The downside is the EPS not showing uptrend, ard 4 to 10 sen for last few years. Anyway, this half year already earn 4 sen. So, if this share can earn another 4 sen, 6 sen dividend should be no problem.
We just can guess from the previous years history, u can check on last five years from annual report or research. Just my guess. This is a Taiwan company, like to give dividend so that they can bring back the money.
Then we should avoid PIE as well... Just check the dividend five years back. I am not saying this is a wonderful stock, but I think this is a better than F.D. counter which can give you more than 7% at the price of RM0.62.
Acoustech is cash rich company, its net cash is 38sen/share, with estimate EPS at 6.5sen, PE 10x, Acoustech afford to payout most of its earning as dividend.
Normally, Acoustech will declare dividend in Feb together with its Q4 result, if Acostech maintain last year payout 5sen TE, the dividend yield is 8% nett
Why not Formosa Prosonic, its subsidiary. Pays 7 sen. Currently .775. Price wise not much movement. Has been in a range of .65-80 sen for the last 52 weeks.
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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....
Jian Bin Siew
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Posted by Jian Bin Siew > 2012-08-24 09:33 | Report Abuse
I think this share is good if compare to FD. I think next year dividend on March shd be ard 5 to 6 sen, equal to around 8% to 10% at the price of RM0.62. Those who want to earn dividend, can consider this share. The return is higher than REITS. With cash around RM0.36, i believe the company will continue reward the shareholder with dividend. The downside is the EPS not showing uptrend, ard 4 to 10 sen for last few years. Anyway, this half year already earn 4 sen. So, if this share can earn another 4 sen, 6 sen dividend should be no problem.