@SJSOON, you are likely to be right. However, I don't think they will be giving too much dividend as they would want to use their proceed for future projects.
@Jester: As the Board said they intended to give out 20% of EPS. Suppose diluted EPS is 0.36, the dividend payout will be 0.07 which marks a dividend growth. To long-term investor like me, this is very well done.
Of course, Gadang so far does not have dividend policy. However, since FY 2016 is another record year, there is no reason why they do not rewards investors with dividend.
@SJSOON, yes I agree with you. I'm a long term investor as well. Of course I'm game with them giving dividends :) but I'm just thinking that this time around they might not give too much. But 0.07 is good enough for me.
MRT Line 2 Viaducts Contracts: V201, V202, V203 and V210 were awarded for the past two months. I guess there are V204 to V209 contracts are yet to be awarded. It is just a matter of time Gadang will secure the contract.This month another two contracts will be released.
ascending triangle break out already with high volume, investors remain cautious with us interest rate, thats why we see a few doji, but the price stand above support 2.15 which is a good sign.
Holding steadily despite the last 2 days uptrend with less profits taking . Slow and steady win the race . Standing at the price which I bought some time ago . Chances to recover my losses is quite closed to winning streak . .....haha !
Please tell all your friends and foes to vote to remove current Government to get fresh hands which are still clean, at least for nest 5 years to form next government
Controlling supply of money is not a foolproof. So is Keynesian approach. I believe in laissez-faire. A further intervention will lead to distortion. Can you say QE really save the whole world? The problem facing us now is that all of us trap in this vicious cycle of printing money. The real problem is being delayed delayed and delayed. One or two years from now, you will see a bigger disaster. You are the one who is so silly to believe the US way of "solving" problem, aren't you?
enning22: Please read Economics Thoughts 101 and conduct comparison study about the policy tools of different schools first before you justify that I mislead others.
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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....
SJSOON
2,576 posts
Posted by SJSOON > 2016-06-09 11:21 | Report Abuse
Next quarterly report will certainly announce the dividend payout for FY2016. Stay tuned.