Danco has 443mil share, and it has RM100mil cash in bank. Hopefully the boss can be generous announce 1.75sen dividend for this quarter (last year is 1.25sen), so make it annual dividend 2.5sen. 433mil x 1.75sen = RM7.5mil only (as Danco has RM100mil cash, so 7.5mil should not have any impact on its cash flow). Once the annual dividend become 2.5sen, then based on standard dividend yield of 4%, Danco share price should be around 60sen.
cant u guys see how strong the selling pressure is ? havent even perform selling pressure already so high, which is a very bad sign compare to most other stocks that can rocket up easily
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loneranger
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Posted by loneranger > 2024-02-22 17:08 | Report Abuse
Poor Roger, pity Roger...