Wonder y no 1 look at this counter?? It is so cheap now at 0.09. Now Malaysia is opening their state border and people allow to travel. Duty will definitely gain their business back, just like airasia, Duty's business was hit badly by MCO and ban to fly. Now, with the inter country vol, i believe Duty business will soon back to their glory day.
Duty is net cash with RM200mil, no gearing and their div is superb amongst all sgx counters. Using their lowest div 1.8c as reference which is b4 covid time, div yield >20% at current level. It may get up to 35% div yield coz Duty will increase payout ratio once on every 3 yrs, they paid 3.5c and 2.5c on 2014 & 2017. Fantastic stock to hold for 5 yrs and get for free on following yrs...
Duty is incredible cheap just like GEO energy when it is traded at 0.25c with >2 FPE. While Duty will be the cheapest in term of Div return, price is trading at 5 times over div... crazy world...
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jimmy Song
31 posts
Posted by Jimmy Song > 2016-10-20 17:10 | Report Abuse
http://www.bfm.my/mw-andrew-chow-uob-kayhian-singapore-dfi-eyes-regional-expansion.html