Tuesday, September 25, 2012

Pantech (Stock Code: 5125) Website: http://www.pantechPantech (Stock Code: 5125) Website: http://www.pantech-group.com

For the fiscal year ended 29.2.12, Pantech paid 3 times dividend totaling 3.5 sen per share. 

For fiscal year ended 28.2.13, it should pay more. This is because the company is doing very well. Its 1Q ended 31.5.12 shows earnings of 2.77 sen per share. In the corresponding period of the previous year, the EPS was 1.38 sen. This is an improvement of over 100%!

Assuming that it pays a total dividend of 5 sen per share for the current fiscal year, the dividend-yield works out to be 8%. This is based on the present price of 62.5 sen per share. 

The stock is now traded on a cum-basis of 1sen dividend, The x-date is Oct 5, 2012. If dividend is your priority, don't miss on this one.

As usual, you buy at your own risk.

Sunday, September 23, 2012

Tip of the day

"The individual investor should act consistently as an investor and not as a speculator. This means ... that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase."
-- Benjamin Graham
One way to interpret this is to take advantage of the market when it wants to sell $1 worth of value at $0.50. Within our portfolio, we look at this quote a little differently. We want to invest $1 worth of capital in companies that can ultimately deliver $5 or $10 worth of value over the years.

Monday, September 10, 2012

MNRB Merits Attention

For fiscal year ended 31.3.2013, the 1Q result EPS is reported to be 23.7 sen per share. This figure when annualized, works out to be 94.8 sen per share. At the just traded price of 3.19, the forward PE is 3.19. This is indeed very cheap for a stock like MNRB. 

What's more enticing is that the company is paying a dividend of 17 sen less tax on Oct 26, 12. The x-date for this dividend is Oct 02,12. 

The NTA of the stock has improved to RM5.35 per share as at June 30, 2012. I have just bought in  some shares of this stock at 3.19. I believe the price will move up in the near future.