I have discussed those counters which are CASH RICH in bursa, as in this link : http://mybursatop10.blogspot.sg/. However, is cash rich is sufficient ?
Assume you are a girl and you have 2 admirers. The first admirer is Billionaire but who is rather timid. Even he own billion of assets, but he not willing to buy you even a simple luxurious cafe when you are in dating. He not willing to spend $$$$$ on you. However, another guy who is normal professional who is willing to spend considerable amount of money on you as long as you are happy.Thus, who you will marry with ?
A CASH RICH stock who is not willing to give any dividend is MEANINGLESS. The money they own can only read in FINANCIAL Report but not able to touch or to be used. However, a CASH RICH Stock with Generous Dividend is really can be considered as good buy.
Let us study the table below : -
| Cash on Hand (Million) |
Liability ( Million) |
Net Cash (Million) |
Outstanding Shares (Million) |
Net Cash per share ( RM) |
Price at 24 June (RM) |
Price / Net Cash Per Share Ratio |
Dividen Yield % 2014 | Dividen Yield % 2013 | Dividen Yield % 2012 | Average 3 Years | ||
| 1 | FACBIND | 148.45 | 0.00 | 148.45 | 83.00 | 1.79 | 1.06 | 0.59 | 1.80 | 0.00 | 0.00 | 0.60 |
| 2 | Farlim | 86.00 | 0.00 | 86.00 | 140.00 | 0.61 | 0.64 | 1.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| 4 | HIL | 128.5 | 0 | 128.50 | 276 | 0.47 | 0.815 | 1.75 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7 | EKSONS | 158.00 | 39 | 119.00 | 161.00 | 0.74 | 1.42 | 1.92 | 0.00 | 0.00 | 0.00 | 0.00 |
| 9 | LCTH | 85.00 | 0.00 | 85.00 | 360.00 | 0.24 | 0.53 | 2.22 | 0.00 | 0.00 | 0.00 | 0.00 |
| 17 | Weida | 176.00 | 101.4 | 74.60 | 127.00 | 0.59 | 1.57 | 2.67 | 0.00 | 0.00 | 0.00 | 0.00 |
| 22 | Solutn | 17.00 | 0.00 | 17.00 | 196.00 | 0.09 | 0.33 | 3.75 | 0.00 | 0.00 | 0.00 | 0.00 |
| 20 | SAM | 103.60 | 0 | 103.60 | 84 | 1.23 | 5.05 | 4.09 | 0.00 | 0.00 | 0.00 | 0.00 |
| 23 | Sanichi | 24.00 | 3.00 | 21.00 | 1144.00 | 0.02 | 0.08 | 4.36 | 0.00 | 0.00 | 0.00 | 0.00 |
| 34 | Penta Master | 9.90 | 0 | 9.90 | 133.24 | 0.07 | 0.75 | 10.09 | 0.00 | 0.00 | 0.00 | 0.00 |
| 36 | Prlexus | 34.00 | 10.409 | 23.59 | 134.24 | 0.18 | 2.14 | 12.18 | 0.00 | 0.00 | 0.00 | 0.00 |
| 40 | Kawan | 38.00 | 6.60 | 31.40 | 185.00 | 0.17 | 2.50 | 14.73 | 0 | 0.00 | 0.00 | 0.00 |
All the stocks above are CASH RICH Stocks. However, their dividen are sucks. Almost zero dividend paid out over the past 3 years and average dividend yield is zero or close to zero. Can you shows me where is the money ?
The content of this blog is intended to be used and must be used for informational purposes and discussion purpose only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. We will not responsible for any investment decision that you have made on your own judgment.
No comments:
Post a Comment