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23-02-2015, 08:57 PM
Last year, Valuetronics started their dividend policy of paying out 30-50% of their profit. Based on the results so far, the dividend should be around 12-20 HK cents. Is this good enough for you?
The raise in the share price is likely due to 3 factors,
1. The successful positioning of the company future in Industrial & Commercial products, and the increase in the number of customers from this area.
1. The lower dependency on Phillips to overall revenue/profit. This is the main reason for the drop last year, so with the fear gone, the price is recovering.
2. The raising US$. The reporting is in HK$, which is tied to US$. So the result and dividend are naturally better if convert to SGD, which is the trading currency.
The raise in the share price is likely due to 3 factors,
1. The successful positioning of the company future in Industrial & Commercial products, and the increase in the number of customers from this area.
1. The lower dependency on Phillips to overall revenue/profit. This is the main reason for the drop last year, so with the fear gone, the price is recovering.
2. The raising US$. The reporting is in HK$, which is tied to US$. So the result and dividend are naturally better if convert to SGD, which is the trading currency.
I have nothing else to say.