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06-05-2013, 06:39 PM
I am quite sure many shareholders and potential investors will be going through the just released above-expectation FY13 (ended 31Mar13) full-year results with a fine comb.....
http://info.sgx.com/webcoranncatth.nsf/V...300330582/$file/MTQ_Announcement_06052013.pdf?openelement [result announcement]
http://info.sgx.com/webcoranncatth.nsf/V...300330582/$file/MTQ_FY2013_Press_Release_06052013.pdf?openelement [press release]
By simply annualizing the 4Q's key P&L numbers - which included/consolidated ASX-listed Neptune Marine Services Ltd ("Neptune") as a new 86.81%-owned subsidiary - MTQ is now a running enterprise with a yearly Revenue of close to $400.0m and PBT of close to $40.0m, before considering further business growth and full recovery of Neptune.
The proposed 1-for-4 bonus issue is a positive surprise! Coupled to it is a further positive surprise that the new bonus share shall be entitled to the unchanged $0.02/share Final dividend (with scrip option). As a shareholder I am already about to want to jump high and low! I think there is a high chance that Mr Market would get excited on MTQ right from the starting bell tomorrow morning!
http://info.sgx.com/webcoranncatth.nsf/V...300330582/$file/MTQ_Announcement_06052013.pdf?openelement [result announcement]
http://info.sgx.com/webcoranncatth.nsf/V...300330582/$file/MTQ_FY2013_Press_Release_06052013.pdf?openelement [press release]
By simply annualizing the 4Q's key P&L numbers - which included/consolidated ASX-listed Neptune Marine Services Ltd ("Neptune") as a new 86.81%-owned subsidiary - MTQ is now a running enterprise with a yearly Revenue of close to $400.0m and PBT of close to $40.0m, before considering further business growth and full recovery of Neptune.
The proposed 1-for-4 bonus issue is a positive surprise! Coupled to it is a further positive surprise that the new bonus share shall be entitled to the unchanged $0.02/share Final dividend (with scrip option). As a shareholder I am already about to want to jump high and low! I think there is a high chance that Mr Market would get excited on MTQ right from the starting bell tomorrow morning!