Hafary

More
12 years 7 months ago #7076 by Rich
I never imagined a tile distributor can make so good profit. Hafary is worth tracking.

At the price of 25 cents, it is v attractive – but can it sustain its profitability ??? That’s what I want to know…..

For FY2011 ended June, Hafary’s revenue shot up 57% ---> $60.4 m

Net profit up 125% ---> $6.8 m

Net profit margin = 11.2%.

Dividend ---> 0.9 cents in FY11, more than double the 0.4 cents in FY10.

Dividend yield now is so-so, nothing to shout about ---> 0.9 divided by 25 cts = 3.6%

Please Log in or Create an account to join the conversation.

More
12 years 7 months ago #7107 by Rich
Replied by Rich on topic Re:Hafary
Oh, the BT article is avail on the Net: www.businesstimes.com.sg/sub/companies/s...,4574,455340,00.html ?

Please Log in or Create an account to join the conversation.

More
12 years 2 months ago #8126 by Joes
Replied by Joes on topic Re:Hafary
I have been trying to find analyst reports on Hafary but without success. This business is not, at first glance, an exciting one, but the profit track record makes me sit up and take notice. In addition, recently, they sold an entire industrial project for a one-off profit (one-off becos it is not their core business).

NextInsight has a recent story: HAFARY wins outsized property gain, FORTUNE REIT to acquire 2 HK properties

After a long lunch meeting, I checked just now and saw the counter today has already 444,000 shares traded compared to usually NIL. The price is unchanged at 25 cents.

Please Log in or Create an account to join the conversation.

More
12 years 2 months ago #8237 by Joes
Replied by Joes on topic Re:Hafary
Stirring.....

Please Log in or Create an account to join the conversation.

  • Esther
  • Visitor
  • Visitor
11 years 7 months ago #10514 by Esther
Replied by Esther on topic Re:Hafary : The 10% yield stock
congrats to those who hold this !
The dividend yield is 10% for all who bought in the past year -- cos the stock stayed stable at around 23-25 cents.

Interim 1 cent dividend, now final dividend is 1.5 cents.
2.5 cents total.

I am quite sure it will go up because they have a large profit to book in the new FY from the sale of an industrial development project.

Please Log in or Create an account to join the conversation.

  • Esther
  • Visitor
  • Visitor
11 years 7 months ago #10536 by Esther
Replied by Esther on topic Re:Hafary
Big things start small, eh?
Look at the sizzling dividend growth.

fy 10: 0.4 cent
fy 11: 0.9 cent
fy 12: 2.5 cent.

fy13: ?? 3.5 cents ??? :-)

Please Log in or Create an account to join the conversation.

Time to create page: 0.223 seconds
Powered by Kunena Forum
 

We have 245 guests and one member online

rss_2 NextInsight - Latest News