Best World

Hi, when will be the best world half year resuits? Tks

Look out for this counter....Another Lion coming....

Punter Lim wrote:

Look out for this counter....Another Lion coming....

Unlock the potential of the 36m CASH....I\'m sure this Lion will roar!!

Did not follow this counter in the past. So, happy if someone can confirm is it already ex-div for FY2009? If not, when etc. thanks

1-cent final dividend for 2009 not yet paid, not yet xd. Date for xd is sometime in May. by the way, anyone going to the AGM on April 30? Please ask management to set aside a special dividend to celebrate 30th anniversary of Best World this year. It is sitting on too much cash : about $36 million. Not meaningful especially when the business generates strong free cashflow with little need for capex. They should study the positive effects on the share price when a special div is declared, such as for the case of Lion Asiapac, Hwa Hong, Sinopipe, Bright World Precision etc etc, and even Innotek with its big 5-c div payout. These companies are shareholder-friendly.

neontet wrote:

1-cent final dividend for 2009 not yet paid, not yet xd. Date for xd is sometime in May. by the way, anyone going to the AGM on April 30? Please ask management to set aside a special dividend to celebrate 30th anniversary of Best World this year. It is sitting on too much cash : about $36 million. Not meaningful especially when the business generates strong free cashflow with little need for capex. They should study the positive effects on the share price when a special div is declared, such as for the case of Lion Asiapac, Hwa Hong, Sinopipe, Bright World Precision etc etc, and even Innotek with its big 5-c div payout. These companies are shareholder-friendly.

Yes. Serious investors should question what is the management plan for the 36m CASH. This is one of the main reason why the share cannot perform while other are already well into the rally mode!