Is there a thread already or nobody took notice of this good dividend counter?
Vested
sold. because I think its overhyped now.
Chip Eng Seng offers a higher yield and better prospects.
Never expected the payout to increase by 50%. Lesson learnt
Special one time dividend of 2.5c. But otherwise, the 5c is in line with the 20% dividend policy.
No one talking about this company? The fundamentals seems good?
2012 dividend yield of 8%! Even without the special div of 2.5c, it's still a respectable 5+%.
Doesn't seem to have any red flags in the reports.
(22-06-2013, 03:10 PM)TheMillennium Wrote: [ -> ]No one talking about this company? The fundamentals seems good?
2012 dividend yield of 8%! Even without the special div of 2.5c, it's still a respectable 5+%.
Doesn't seem to have any red flags in the reports.
Maybe becoz it is trading above nav already which may not seem like much of undervalued on this forum
after all this is not dividend buddies, it is value buddies
the dividend yield looks pretty attractive, however like what bluekelah pointed out.. since its trading above nav there may be no or little margin of safety.
just curious, would the property market bubble affect this industry ?