免責聲明:

免責聲明:本網誌純屬個人文章, 所有評論全是表達個人意見, 絕對不應視作為投資見議. 本人同時不能保證文章內容的確實性. 讀者必須自行判斷和研究. 至於讀者的一切投資決定, 不論成敗得失. 一概與本人無關.

2019年6月25日星期二

高息股

東方表行(398)最大賣點是現金充足,持有10.85億元*,對比公司市值僅13億元,比例超高。董事會亦十分慷慨。全年共派息33仙,以現價2.28元計,股息率高達14.47%**。
業務前景亦非無忍憂,經濟放緩,收入減少,利率波動,高股息欠穩定性,亦極須注意。
*銀行貸款0.63億元   **含特別息

8 則留言:

  1. Billy Sir,

    398.HK's interim dividends were HK$0.028 + HK$0.087(Special).

    So, total yearly dividends declared were:
    HK$(0.028+0.087) + HK$(0.08+0.135) = HK$0.33

    And so, 2018/19's dividend yield =HK0.33/HK2.28 x 100% =14.47%!

    Thanks 398.HK! (P.S. I got it.)

    Good Night Sir!

    ^_^

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  2. 不過E隻野係上年先慷慨~~ 再對上幾年都係派0.幾仙~~~

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    1. 近兩年係好囉~如果追番去2016之前~~ 佢都只係派3仙幾~ 以現價計圍番都係得1.5%, 如果KEEP 住緊係好~ 最怕就係佢又掉番轉頭派~

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    2. My confidence comes from its relatively high NAV(i.e. low PB) and "Net Cash Per Share".

      Besides, it has earned around HK$0.24/share per annum over past two years. I expect that it will have enough money to pay high dividends in coming years.

      ^_^

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  3. Other than 398.HK, I also have 113.HK ... both are retail cash cows.

    For 113.HK:~

    NAV per share = HK$6.3
    Cash per share= HK$4.3

    (Yesterday market price closed at HK$4.32)

    From aastocks.com, I see Sir Dickson Poon(Chairman) has been willing to pay high dividends over past years.

    Besides, he has bought more 3.33M shares @HK$4.44 in open market on 6Jun2019.

    ^_^

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