[quote=cherroy,Mar 15 2008, 05:56 PM]
I had checked the Uchitec history, seems like its high dividend yield is because of special dividend, quite similar to Shell case.
Its normal dividend is 12 cents (final + interim), 8 cents come from special dividend, so total 20 cents for lastest financial year.
One needs to look more in depth where the special dividend come from and where is the EPS come from.
J
ust like I had mentioned in Shell case. On paper, Shell's profit looks very good, but if one study more in depth, one will find out, things doesn't look at good as on the paper. That's why Shell share price does shoot to sky, even though reporting EPS of RM 1.50-2.00.

I don't know much about Uchitec, c

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Added on March 15, 2008, 6:59 pm[quote=cherroy,Mar 15 2008, 05:56 PM]
I had checked the Uchitec history, seems like its high dividend yield is because of special dividend, quite similar to Shell case.
Its normal dividend is 12 cents (final + interim), 8 cents come from special dividend, so total 20 cents for lastest financial year.
One needs to look more in depth where the special dividend come from and where is the EPS come from.
J
ust like I had mentioned in Shell case. On paper, Shell's profit looks very good, but if one study more in depth, one will find out, things doesn't look at good as on the paper. That's why Shell share price does shoot to sky, even though reporting EPS of RM 1.50-2.00.

I don't know much about Uchitec, can't comment much about it. So better find out more on it, if interested in it.
Look in depth, don't just look on the surface. Always focus on dividend that come from operaing business one which will be consistent over the long term.

Search through its P&L in details as well as cash flow statement to determine where the special dividend money come from to justify.

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Added on March 15, 2008, 5:57 pm

Based on its last year dividend of 27 cents, at 1.80, that's correct.
This year, 20 cents.

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Uchitec is a good co. Founder is a taiwanese. However, the company is heavily reliance on few customer. And recent USD plunge affects the company bottomline. That's why i still reluctant to buy this counter....

This post has been edited by keith_hjinhoh: Mar 15 2008, 06:59 PM

No point. You lose dividend if you sell your counter b4 ex-date. After ex-date it's re-adjusted.
The market is quite efficient, there's no way you can make extra-ordinary gain

This post has been edited by keith_hjinhoh: May 19 2008, 03:32 PM

Transactional cost would be too high isn't it?