Well...here's the facts.

Yalor... me better post before all the Homeroids come after me.   

For the Q to Q net profit comparison.

2014 Q4 was 6.689 million - 2013 Q4 7.987 million.

profits decreased by 1.298 million. ie profits dropped by 16.2%

Verdict?

Fiscal year end performance?

fy 2013 -- 17.941 million net profit
fy 2014 -- 24.303 million net profit

Net profit increased by 6.362 millon ie the company recorded an annual growth of 35.4%.

Verdict?

Dividends.

FY 2013. Homer paid 3.75 sen. (or a total dividends of 7.5 million )

Today Homer announced its proposing a 3.1 sen dividend for the quarter.
This brings total dividends for fy 2014 to be 5.1 sen ( or a total dividends of 10.2 million )

Dividends increased by 36%!

Verdict?

With increased of dividends, one should ask if the dividends is sustainable or not?

Last year, 2013, Homer showed that it had 34.7 million in its banks.
Today's report, Homer showed that it had 51.586 million in its banks.

Cash in the bank increased by 16.886 million or by 48.6% !!!!

Who was it that said that this was a cash printing machine??
Who?


Final verdict?