7155 SKPRES

SKPRES is mainly involved in the manufacturing of plastic parts and components, contract manufacturing, precision mould making, the sub-assembly of electronic and electrical equipment and other secondary processes.

SKPRES has been a profit performer and also distributing dividends to shareholders (based on recent financial reports); some of which are listed below.

DIVIDENDS/BONUS

• Dividend Policy 50% of its audited consolidated profit after taxation
• 4Q2012 Net 1.05sen First ST ex-date 22oct12
• FY2012 Net 1.55sen
• 2Q2012 Bonus Share Issues 1:2 plus Free Warrant Share Issues 1:5
• FY2011 Net 2.0sen
• FY2010 Net 0.5sen

RETAINED EARNINGS (Distributable Only)

• FY2012: RM121M   FY2011: RM98M   FY2010: RM81M   FY2009: RM70M

OTHERS

• 4Q2012 : EPS: 2sen   NTA: 30sen   PE: 4.2   Price: RM0.335 @3Aug12
• http://www.skpres.com/

MY TAKE: SKPRES profitability have been bumper jumping and in February 2012 released the minimum 50% dividend policy and the bonus and free warrant issued in June 2012. For the last 2 years, patient shareholders have rewarded with bumper dividend and bonus/warrant share issues. Given the ever-increasing retained earning, SKPRES is a must share to keep in milo tins, until and/or changes to it's business environment.

note: data from local exchange website and pix from googled images, and for any error here refer to local exchange and/or website for accuracy and/or authencity. all analysis herewith is for personal purposes only

9741 TECNIC

TECNIC's subsidiaries are involved in plastic mold design & fabrication, plastic injection & blow molding, provision of secondary and assembly services for the manufacturing of plastic products. The main industry for the plastic products supplies are automotive, electrical & electronic, industrial packaging and consumer packaging.
TECNIC has been a profit performer and also distributing dividends to shareholders (based on recent financial reports); some of which are listed below.
DIVIDENDS

• FY2012 Nett __sen
• FY2011 Nett 25sen (Final 25% TE ex-date on 16Jul12)
• FY2010 Nett 20sen (Interim 10% TE, Final 10% TE)
• FY2009 Nett 16sen (Final 16% TE)

RETAINED EARNINGS (Distributable Only)

• FY2012: RM56M @30/5/12
• FY2011: RM52M   FY2010: RM40M   FY2009: RM30M

OTHERS

• 1Q2012 : EPS: 9.82sen   NTA: 239sen   PE: 9.6   Price: RM3.78 @15Jun12 
• Dividend Policy 50%
• http://www.tecnic.com.my/

MY TAKE: Given the price movement over the last 4 years (2009-2012), a consistent pattern with price hike after the big fat dividend announcement. TECNIC is maintaining a minimum of 50% dividend policy with the current 25sen TE dividend due ex-date on 16Jul12.
11July: Price rallied from 3.78 on 15June to 4.11 at morning close 11July

note: data from local exchange website and pix from googled images, and for any error here refer to local exchange and/or website for accuracy and/or authencity. all analysis herewith is for personal purposes only