Nam Lee Pressed Metal

[BlueKelah]

Anyone still vested heavily in this stock? Thinking of picking up some this month. Seems like they are on track for anothet profita le year

Hi BlueKelah, would love to hear your thoughts on their FY results. How do you view the cut in dividends for the full year from 2.5 to 2 cents?

Nothing to be excited about i guess. Drop in revenue largely.in line with challenging global trade conditions and not too bad. Locally also conditions not that great. 

Since they made 4c eps , 2c is quite reasonable. At current prices still 5%+ yield which is not too bad.

If tradr war continues next year eps might drop further but no worries holding this solid small cap. Eps will improve when global trade recovers.