wonder what is the reason for the special diivy at times of falling profits and increasing costs, and 'negative outlook going forward' as they themselves said it. just 'too much cash' too hold?
The ongoing deterioration in the operating environment as a consequence of the drop in value of the Malaysian Ringgit is expected to negatively impact on the Company’s performance for the remaining quarters of the financial year.
The Group is closely monitoring the conditions and will take appropriate measures within its control to mitigate and insulate the Group’s businesses against these challenging conditions.
Current qtr eps is 3.53...previous qtr is 2.56. Last year 2qtr is 2.79. This company lots of cash and no wonder this year they paid RM24mil as special 20sen dividend. Still had a balance of RM68mil of cash in the bank. Borrowing only RM1.5mil. Every qtr profitable as they produce cement bags and this bags not recyclable.
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....
uzi440
164 posts
Posted by uzi440 > 2015-08-31 21:32 | Report Abuse
after payout, then what?