Posted by albertlaw > 2014-01-02 18:26 | Report Abuse

Last year when the CEO and one of the directors sold a bulk at about 22.5cts it never crossed 23cts and headed downards-the co has stopped its losing licensing biz and on path to achive record profits for FYE 31 March 2014..long time never cross 30cts liao..good luck to those still vestedlast year those who bought can only hope for dividends,this year maybe capital gains too 1. Consistent high dividend . The dividend paid outs are as follow : Year 2013 : HK 8.0 cts per share Year 2012 : HK 16.0 per share plus special dividend of HK 1.0 cts Total HK 17.0 cts per share. Year 2011 HK 14.0 cts per share. 2. High payout ratio. Year 2013 : 36.5 % Year 2012 : 46.6 % Year 2011 : 40.9 3. Expect high dividend payout of 2.23 singapore cts per share. this financial year Half year profit .. HK 72,901,000. Assuming the same level of profit is maintained the full year profit would be HK 145,802,000. Assuming a payout ratio of 35% (low estimate) the total payout would be HK 51,030,000. The payout per share would then be total payout amount divided by the number of shares. HK 51,030,000 divided 365,188,750 shares = HK 13.97 cts. In S$ terms n based on exchange rate of 1$HK to S$0.1629, the dividend per share in Singapore currency would be 2.23 cts.