divads27, you are fast with the news! This stock is proving to be a steady dividend play. Not surprising if you look at the net profit and revenue -- steady, steady.
hi.. The management seems very willing to distribute their cash as dividend... ==> a good thing.. I bet the sale of ZON will yield special dividend. And hopefully they can venture into Myanmar since Myanmar duty free industrial is at the infant stage.. I already emailed Duty Free about this venturing in Myanmar Duty Free business.
Temasek Holdings eyes stake in $1.6b Johor project Published on Jul 11, 2012 Singapore state investment firm Temasek Holdings is in talks to buy a stake in a 4 billion ringgit (S$1.6 billion) project in Malaysia's southern state of Johor, the Business Times reported on Wednesday, citing sources. -- ST PHOTO: SAMUEL HE KUALA LUMPUR (REUTERS) - Singapore state investment firm Temasek Holdings is in talks to buy a stake in a 4 billion ringgit (S$1.6 billion) project in Malaysia's southern state of Johor, Malaysia's Business Times reported on Wednesday, citing sources. The Lido Boulevard project - a residential and commercial waterfront development overlooking the Straits of Johor that separates Malaysia from Singapore - is a joint venture between Central Malaysian Properties (CMP) and the Johor State Secretary Inc. The newspaper said Temasek is looking to buy part of billionaire businessman Vincent Tan's 47 per cent stake in CMP. Temasek officials were not immediately available for comment and Vincent Tan's office could not be reached Hmm.. Vincent Tan trying to buy over ZON. Vincent Tan increase it's stake in ATLAN and Duty Free International. Now Temasak interested in Vincent's Tan JB project... hmm..
Very fast gone x-d liao.
I got the 1 cent , yeh! stock price still firm at 32.5 cents .
More upside to come....
[hr]
[divads27 10-07-2012]:
info.sgx.com/webcorannc.nsf/Announcement...1D5F48257A37001B7196
? Just declared an interim dividend of 1 cent per share. Good dividend stock... Track record of giving dividends at least 3 times per financial year. Waiting for special dividend from the sale of ZON.
Volume not much.. this is a dividend stock. Even in recession, it is earning $$$, a cash cow... Wondering what happens to the discussion to merge with Kular Lumpum Airport duty free eraman... if bear fruits, the combined revenue is in excess of billion ringggit....