4863 TM

TM is Malaysia's leading integrated information and communications group, offers a comprehensive range of communication services and solutions in broadband, data and fixed-line; main focus on the establishment, maintenance and provision of telecommunications and related services.
TM has been a consistently profit performer and distributing dividends to shareholders (based on recent financial reports); some of which are listed below.


DIVIDENDS

• FY2012 Nett ___sen
• FY2011 Nett 19.6sen (Final ST 9.8sen, Interim ST 9.8sen)
• FY2010 Nett 48.6sen (Final 13.1sen less tax, Interim 13sen less tax, Cap distribution 29sen)
• FY2009 Nett 19.75sen (Final 13sen less tax, Interim TE 10sen)

RETAINED EARNINGS (Distributable Only)

• 1Q2012: RM3932M
• FY2011: RM3681M   FY2010: RM2719M   FY2009: RM2222M   FY2008: RM2303

OTHERS

• 1Q2012 : EPS: 7sen   NTA: 216sen   PE: 19.3   Price: RM5.40 @01Jun12 
• Dividend Policy of 90%

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. Telekom has a dividend policy of returning 90% of nett profit to shareholders; this is one of the highest dividend policy in the country.
11Jul12: price rallied to high 5.85 last week, today closed 5.74; again capital gain plus dividend


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