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

6947 DIGI

DIGI is part of the global telecommunications provider, Telenor Group and commenced operations in 1995 as the first digital mobile network in Malaysia. DIGI is today a leader in prepaid services, setting industry benchmarks and innovation to deliver quality voice and data services to retail and corporate users. 
DIGI 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 of at least 50% refer below link for rest of dividend history from 2005 to 2012
• http://www.digi.com.my/aboutus/digi_ir/financialReports_dividendPolicy.do

RETAINED EARNINGS

•                                            FY2011        FY2010       FY2009         FY2008
• RETAINED EARNINGS:   RM642M     RM577M     RM751M      RM1127M
• NETT INCOME:                RM1254M   RM1178M   RM1000M
• DIVIDEND PAID:              RM1189M   RM1353M   RM1376M

OTHERS

• 1Q2012 : EPS: 4.12sen   NTA: 16sen   PE: 24.2   Price: RM4.00 @15Jun12 

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. DIGI have been dishing out at least 100% dividend payout policy in the last 3 years and retained earnings have nearly halved what was in the books as end FY2008. Will DIGI continue to to dish out such dividend quantum in the future? Early indication is affirmative, given 1Q12 is giving 5.9sen (or 59sen before share-split) which is higher than last 2/3year corresponding quarter.
11July12: wow no need to wait for dividends, price rallied to 4.35 last week and today closed 4.30; capital gain 30sen from 15Jun


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