YHI International

[bargainhunter]

Have all the bros here sold out?  At the current price of $0.41, YHI is trading at 0.47x price to book value and even if dividends are just $0.015 (unlikely to be so low), it is trading at 3.66% dividend yield.  Does anyone think that the trade tensions are going to be a huge negative?  Management seems nimble and been doing the right things the past few years.

Is there any reason why you might think we have sold out? Just curious. I am still vested. The margin of safety in terms of the balance sheet + recurring dividend yield makes this a comfortable hold for me.

The Chairman buying 2m shares is a good indication as well of his confidence in the firm.

haha, because usually you are very enthusiastic every quarter to dissect the results but this quarter you were so quiet.  

Saw that you made the post so just left it as is. Kinda caught up with other stuff so didn't really read deep into it. I guess the Chairman's purchase of that sizable amount of shares at $0.42 left me quite comfortable with holding the stock and didn't take the time to delve into it yet. Just read through headline figures.

YHI’s Past Performance:

1) Last 3 years’ Net Profits:
2016 ~ $8M
2017 ~ $4M
2018 ~ $9M
 
2) Last 3 Years’ Dividend:
2016 ~ $0.0142
2017 ~ $0.0064
2018 ~ $0.0150
 
3) Last 2 years’ NAV:
2016 ~ Consolidated, 2 to 1 (19th January 2016)
2016 ~ $0.84
2017 ~ $0.85
 
4) The Estimated Average Yield for the last 3 years:
Add up last 3 years’ Dividends divide by 3 then divide by Current price
($0.0142 + $0.0064 + $0.0150)/3 then divide by $0.41 x 100 = 2.89%
 
5) Historic High & Historic Low
The adjusted historic Low on 11.03.09 was $0.17 per share
The adjusted historic High on 08.04.12 was $0.74 per share

6) The Current share price is $0.41

I think the price is below its value. (Price is what we pay, Value is what we get)

Note: Past Performance is not necessarily indicative of its future performance but may serve as a good guide.


If you have Invested in:

Stock:    YHI

Year:      2016 (2 years ago)

Price:     $0.37 on 5th May 2016 (After Consolidation)

Assuming Amount Invested, $37,000 ($0.37 x 100,000 units)

Current Price:                    $0.41 on 15th Aug 2018

Current Value:                   $41,000 ($0.41 x 100,000 units)

Dividends Collected:           $3,560 (From 2016 to 2018)

Profit = $7,560 (Current Value + Dividends Collected- Amount Invested)

Profit divide by Amount Invested then divide by 2 years = 10.2% PA (Simple Interest)

E & OE.

not bad returns for a small cap and the best part is that fundamentals have improved but the share price hasn't caught up.