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05-03-2012, 07:51 PM
Just checked my bank account and noted a very nice credit from Casa's $0.01/share Final dividend for FY11 (ended 30Sep11). Feeling good!
Based on Casa's 30Sep11 B/S.....
http://info.sgx.com/webcoranncatth.nsf/V...7002BFE7A/$file/Casa.Full.Year.Results.30.09.11.pdf?openelement
the group should still have approx. $6.5m in net cash balance after accounting for the latest dividend. The balance could well be a lot higher since Casa would have received an approx. $1.0m dividend from Fiamma and also collected a big portion of the $8.278m trade and other receivables balance as at 30Sep11.
I wonder if Casa would pay out an Interim dividend when the company reports its 1H (ending 31Mar12) interim result in May?
Based on Casa's 30Sep11 B/S.....
http://info.sgx.com/webcoranncatth.nsf/V...7002BFE7A/$file/Casa.Full.Year.Results.30.09.11.pdf?openelement
the group should still have approx. $6.5m in net cash balance after accounting for the latest dividend. The balance could well be a lot higher since Casa would have received an approx. $1.0m dividend from Fiamma and also collected a big portion of the $8.278m trade and other receivables balance as at 30Sep11.
I wonder if Casa would pay out an Interim dividend when the company reports its 1H (ending 31Mar12) interim result in May?