Apr 9 2009, 11:18 AM
QUOTE(cherroy @ Apr 9 2009, 11:50 AM)
Yup, I am looking at Chin Tek, a super duper boring counter, but dividend is steady throughout, so not bad as dividend stock.
Without special dividend, consistent dividend based on profit is around 40-50 cents, this year should be at lower end. Still at lower end, it translates more than 7% yield.
Cashflow generation every year around 10-20 million can be expected if without major new investment.
Debt free, sitting with 170 million cash, which translate about 2.50 cash per share.
Singaporean own and management.
Can't buy too much, below hundred lot still ok, more than that difficult to buy and sell, seldom trade, liquidity is low
PE is around 11 based on lasteset Q earning of 14 cents.
Don't expect much from it as it is a boring counter, even when CPO reached 4000 time, its share was around 8+ only. As it won't be fund managers targetted stock due to its low liquidity.
Yup chin tek is one of the best high yield plantation counter Without special dividend, consistent dividend based on profit is around 40-50 cents, this year should be at lower end. Still at lower end, it translates more than 7% yield.
Cashflow generation every year around 10-20 million can be expected if without major new investment.
Debt free, sitting with 170 million cash, which translate about 2.50 cash per share.
Singaporean own and management.
Can't buy too much, below hundred lot still ok, more than that difficult to buy and sell, seldom trade, liquidity is low
PE is around 11 based on lasteset Q earning of 14 cents.
Don't expect much from it as it is a boring counter, even when CPO reached 4000 time, its share was around 8+ only. As it won't be fund managers targetted stock due to its low liquidity.
I tot no one notice it 
This post has been edited by darkknight81: Apr 9 2009, 11:22 AM
Quote
Quite a number of them from Sinkapo also...
However, I didn't buy any 
as I'm just waiting at the sidelines at the moment... 
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