Share price @ 40.5 cts if minus 4 cts dividend = 36.5 cts. Even going back to 2 cts dividend; yield is 5.5%. By looking at past year revenue and compareing to the order book with the expecting TOP of Ack@KB, HLS future looks promising but it may not match the outstanding performance of FY 2014.
FManager, I agree with you at this entry price probably good for a long term hold and get paid whilst waiting for catalyst like share buy backs or big project orders. Remember: Investing is about able to get pay and sleep well. Share price increase is a bonus.
Hock Lian Seng share price end this week at 60 cents. In spite of weak property market Hock Lian Seng share price had increased by 50%. If include last 2 dividend of 4 cents 2.5 cents, total gain of about 66%. The latest dividend declare of 2.5 cents plus special dividend of 10 cent will go ex on 5/5/2017 and pay on 19/5/2017.
