price now RM 1.54, ROE near 10%, very attractive, buy now, target price RM2..last yr it proposed 13.8sen div on 31/3/2011, the next day, the price shoot up from 1.07 to 1.28, a wollap 21sen gain in 1 day! and it continue to climb further to 1.73 on 11/7/2011..this yr anybody who miss the boat would surely live in repentance
better buy this kind of safe div counters, rather than burning ur hard earned money in highly speculative and loss making penny counters...the shark r enjoying a big feast huhuhu
15sen div with 70mil share equivalent to RM11mil cash pay out, a prudent step towards good cash flow management since cash available at end 2011 was RM20mil...tak beli rugi brader!
The price of stock drop drastically after the ex date. I wonder of it is a growth stock that is suitable to be kept in long term to earn super return. Sigh, wish for the price rebound.
We refer to the our announcement released to Bursa Malaysia on 6 August 2012 and Bursa Malaysia Securities’ email dated 8 August 2012 requesting for the additional information on the abovementioned matter respectively.
1. The financial and operational impact of the allowed claim by Schulz Export GmbH (“Schulz Export”) against Sapura-Schulz Hydroforming Sdn Bhd (“SSHSB”) on Sapura Industrial Berhad (“SIB”) Group
2. The expected losses, if any arising from the allowed claim by Schulz Export against SSHSB
The response to Bursa’s request no. 1 and 2 above is as follows:
The allowed claim by Schulz Export against SSHSB is estimated at RM3.7 million excluding interest of RM1.0 million. The said claim will have a similar impact on the financial statements of SIB Group for the financial year ending 31 January 2013.
The operations of SIB Group are not affected by the allowed claim.
Please mind the last sentence. Litigation only has minor effect on the expected earning for coming quater or year. Yet, it doesn't not really wind up a company. Moreover, the company is one of the major autoparts suppliers in malaysia. In Malaysia, people can't live without car. Why should we worry such litigation but ignore the company's good prospects. Ask yourself, how many cars do you have? How many cars do your relatives have? I am sure you and they must have at least one each family, right? The company is backed by Sapura Group. There is no need to fear the liquidity contraint of the company. Plus, in case there exist any economic adversity,SAPIND's earnings are not influenced significantly as it focus primarily on domestic market.
Excellent. Dividend: 0.15+0.07=0.22,D/Y 14%. What do you think about the prospects for this company, amid lower net profit for FQ2,bro SJ SOON? Thanks.
Malaysian love to buy cars as the country doesn't provide good public transport system. So, how do you think of SAPIND, one of the largest auto parts producers?
i love sapind too until i look at the latest quarter report.. here some tips, if you love sapind kind of stock, have a look at nhfatt , you might like it too :)
It is a stable counter with good fundamental to support. Because it is not so hot that every speculator is interested to it, the price can change by much more amount for each transaction as the premium as required by buyers is always higher.
It;s all because of the bid-ask spread. Anyway, the current price is just at premium of 16%, the price-to-book ration is just 1.16, co considered fair. I bought this counter as it is rewarding in term of dividend.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3526 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
mtr27
443 posts
Posted by mtr27 > 2012-03-28 18:35 | Report Abuse
sapura industrial(sapind 7811) result came out today, NP increased 7%, proposed div 15sen/share..w/while looking at for div income in uncertain market