Cinderella Media Group (0550)

[Gaudente]

P/E 5 and 10% dividend yield (even higher if computing also special dividend)

[pianist]

interesting company, thanks for introducing here...

[LLI]

interesting company, thanks for introducing here...

My 2 cent worth, since 550 is a company that I was screening as well.

Might need to be careful with this company.
Their main business of airline magazine is facing some headwinds. They just lost the right to China Air. And CFO mentions that there might be some structural changes to the airline magz business in China as more airlines moving to do it in house. Furthermore the margin is only good in China, for oversea market, the margins are too low to worth the expansion.

So management is saying their main growth is coming from 1010 Printing, and a printing company shouldnt be valued too highly.

[Jacmar]

This company reminds me of REITs. Pay high dividends and then raise rights issue to take it all back. Their business model is also at risk. I mean with every seat in the plane/train having a display in front of the passenger, why is there a need for inflight mags that adds weight to the plane. Invest with your eyes open!

[Dividend Warrior]

This company reminds me of REITs. Pay high dividends and then raise rights issue to take it all back. Their business model is also at risk. I mean with every seat in the plane/train having a display in front of the passenger, why is there a need for inflight mags that adds weight to the plane. Invest with your eyes open!

Good point.

[Gaudente]

http://www.hkexnews.hk/listedco/listcone...151198.pdf the company confirms previous half year results and dividend: 0.20 HKD EPS and 0.08 HKD interim dividend

[Gaudente]

counter up to 2.70 today , it completely recovered the ex 0.30 dividend slump of past April