Bakertech special dividend again this year?

I expect Bakertech to give special dividends due to it's huge cash pile.


Look at last year FY results, the EPS is 2.29 cents, but it still declared special dividend of 4 cents.






So this year I expect it to declare special dividend of perhaps 2 cents + 1 cents dividend = 3 cents dividend. Hope I am correct

If 3 cents dividend, then yield is more than 10%. Can or not? Wish you luck in any case

1. Out of its 25.5 cent share price, 16.4 cents is pure cash (Baker has zero debt & S$149 million cash).

2. Every year, Baker has given generously:

FY14: ?
FY13: 5 cents div.
FY12: 10 cents div.
FY11: 1 cent div + 2 for 5 warrant issue @ 1 cent each.
FY10: 3 cents div.
FY09: 2.25 cents div.

yucks. only 1 cent for fy2014.

Sincerity, what's your take?

As at June 30, 2015 Baker held $172 million in cash and it has no borrowings.
Add in $8.3 m of investments in corporate bonds..... solid balance sheet.... ie 18 cents per share.
Traded stock price is only 21 cents, in comparison.

Caveat: However, its 2Q was just break-even. Will it dip into a loss in 3Q & 4Q?