Goodness, just looked at the balance sheet of LCT. The company has no debt, but also with cash pile of RM 4.7 Billion. Their financial strength undoubtedly still very sound despite the pandemic. Now with this level of Q1 PAT and EPS. Q1 EPS already close to 20 sen. They only made EPS 6.5 sen for whole of 2020.
Now that the projection has materialises, from now on its all upward trajectory in share prices with intermittent swings, at least for the next two qtrs. That should gives at least 35 sen dividend for the year or discounted DRS. At current prices, that’s almost 10% dividend yield alone.
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investingbasics
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Posted by investingbasics > 2021-04-28 13:04 | Report Abuse
logically speaking, next quarter we should see about another 400m also