This upcoming QR will determine whether this is still a undervalued investment or overvalued investment. The constant ESOS and warrant exercise coupled with buy back somehow makes an idea of the company is exchanging their own cash to let some small holders to cash out. Whereas who are the small holders, no idea.
For the second quarter alone, net profit was up by a slight 2.3% to RM16mil as a result of higher marketing spending and Esos expenses.
The group declared a second dividend payout of three sen a share, bringing its year-to-date payout to six sen a share.
In its analysis, RHB said it expects the encouraging growth momentum to sustain after taking into account the fundamental improvement in its marketing and distribution strength, effect of price increases and rising contribution from new products.
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....