Dream International (1126)

[Gaudente]

Plush stuffed toys manufacturer , at current prices around 1 HKD offers a dividend yield of 8% , a P/E of 6.5 and a 24% discount to book value.

[soros]

The interim results announced in Aug 2014 reported turnover up but net profit down 38% and EPS was 4.6 cts & Int Div at 3 cts.

It does not match up to a " dream investment ".

[LLS]

a cheap stock that could get cheaper

[Gaudente]

Int Div at 3 cts.

which is exactly the same paid previous year, therefore confirming expectation of same final dividend of 5 cents and overall dividend yield of 8%.
Remember being this a toy manufacturer most profit is done in second half with Christmas sales.

[Gaudente]

a cheap stock that could get cheaper

is there anything that couldn't ?

[Gaudente]

anyway, after getting as cheaper as 86 cents , Dream Int rebounded and today I sold half my position (50,000) at 1.17 . The other half I keep in case the yearly results are good and the stock gets back to the 1.20-1.30 area.

[Terry]

http://www.dream-i.com.hk/english/e_repo...180328.pdf

annual report just out.

rev : 000
2016 : 2,151,268
2017 : 2,896,435

eps :
2016 :HK43.66¢
2017 : HK60.03¢

current PE 6.6 . rising profit

[Gaudente]

I don't even remember at what price I disposed of the remaining 50,000 shares (around 1.30 I guess) ... actually I did not remember ever trading this ticker before receiving an update e-mail from the forum....
so just out of curiosity I checked today's price and realized that if I had kept my 100,000 shares purchased at 1 $ I would have gained 300,000 HKD.... oh well