2771 BSTEAD

BSTEAD is involved in six main sectors namely plantations, heavey industries, properties, finance & investment, pharmaceutical and manufacturing & trading.
BSTEAD has been a profit performer and also distributing dividends to shareholders (based on recent financial reports); some of which are listed below

DIVIDENDS

• Dividend Policy 70% of its audited consolidated profit after taxation
• 1Q2012 Net 7.5sen First ST ex-date 13jun12
• FY2011 Gross 39sen + Bonus Issue 1:10
• FY2010 Gross 39sen
• FY2009 Gross 23.5sen

RETAINED EARNINGS (Distributable Only)

• 1Q2012: RM2248M @30/3/12
• FY2011: RM2210M   FY2010: RM2049M   FY2009: RM1874M   FY2008: RM1731M

OTHERS

• 1Q2012 : EPS: 13.98sen   NTA: 443sen   PE: 9.8   Price: RM5.47 @20Jul12
• http://www.boustead.com.my/

MY TAKE: BSTEAD have been dishing out bumper dividend. Last 2 years dividend averaging about 70% of net profit. Given continuous profitability and increasing retained earnings BSTEAD is set to continue its dividend policy

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

7811 SAPIND

SAPIND is an investment holding company with subsidiaries like Sapura Machining, Sapura Automotive, Sapura Brake Technologies, Asian Automotive Steels, Sapura Technical Centre and International Autoparts.

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

• FY2012 Net 17sen First/Final ST ex-date 20jul12
• FY2011 Net 13.8sen First/Final TE ex-date 13jul11
• FY2010

RETAINED EARNINGS (Distributable Only)

• 1Q2013: RM20M @30/4/12
• FY2012: RM14M   FY2011: RM2M   FY2010: (RM5M)

OTHERS

• 1Q2013 : EPS: 7.95sen   NTA: 131sen   PE: 5.6   Price: RM1.78 @15Jun12 http://www.sapura.com.my/

MY TAKE: SAPIND having turnaround in FY2011 and quickly dishing out dividend in 2011 and continue recently with another bumper dividend. Last 2 years dividend averaging about 55% of net profit. Given increasing profitability i.e. EPS and seemingly encouraging automotive market in the country, which augurs well for SAPIND to continue profitability and dividend.

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

5008 HARISON

HARRISONS is involved mainly in the promotions, sales, marketing, warehousing and distribution of products from a widespread of industry including consumer, building materials, engineering products, fine wines, agricultural and industrial chemicals, as well as the operation of shipping/logistics and travel agencies in Malaysia.
HARRISONS has represented major multi-nationals e.g. NESTLE for 75 years, GAB for 52 years, Malex for 42 years and Maerskline for 31 years. Some other household names that HARISON represents include SCA Hygiene (Drypers), Reckitt Benckiser (Dettol, Shieldtox), Kao (Biore, Laurier), Ngan Yin and Cocolin.
HARISON have been a consistently profit performer and distributing increasing dividends to shareholders (based on recent financial reports); some of which are listed below.
DIVIDENDS (Recent history only)

• FY2012 Nett __sen
• FY2011 Nett 57.5sen (Special Interim 50sen less tax, Final 20sen single tier ex-date: 04Jul12)
• FY2010 Nett 13.5sen (Final 18sen less tax)
• FY2009 Nett 11.25sen (Final 15sen less tax)

RETAINED EARNINGS (Distributable Only)

• 1Q2012 : RM211million
• FY2011 : RM201million     FY2010 : RM202million     FY2009 : RM173million 

OTHERS

• 1Q2012 : EPS: 11.48sen     NTA: 410sen     PE: 7.1     Price: RM3.25 at 29/5/12
• FY2011 : EPS: 49.47sen     NTA: 393sen     PE: 6.3     Price: RM3.10 @18/5/12

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. Take note that HARRISONS already have a proposed 20sen (for FY11) in progress, and which should be approved (hopefully) latest by 31May. The question now is will HARRISONS dish out another special dividend? If so, when? My take is the odds is high given the high amount in retained earnings.  
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