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11-02-2012, 09:51 AM
(10-02-2012, 10:56 PM)ngcheeki Wrote: Nam Lee Q12012 result is out!!
http://info.sgx.com/webcoranncatth.nsf/V...0001405A4/$file/Q1Results2012.pdf?openelement
Net profit attribute to owner $3,423.00K
Net cash per share increase to $0.1427
EPS per share $0.0151
NAV per share $0.4535
Price to Book based on last closing price of $0.26 = 0.57
I'm wondering why the company still want to issue scrip dividend as the company piggy banks are expanding. Why does the company need some much cash!!
my view is that since nam lee is so good at making use of its retained earnings to generate extra NP, it makes sense for them to conserve/retain the earnings with the firm rather than pay out part of the earnings as dividends. the cash raised from scrip dividend could hv a snowballing effect on retained earnings
after their agm, how come no mention when they r paying out 1.5 cts dividend?
To be simple is the best thing in the world; to be modest is the next best thing. I am not sure about being quiet.- G.K. Chesterton
Do not condemn the judgment of another because it differs from your own. You may both be wrong.- Dandemis
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt.- Bertrand Russell
Do not condemn the judgment of another because it differs from your own. You may both be wrong.- Dandemis
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt.- Bertrand Russell