Sunday, August 14, 2011

P.I.E









P.I.E  is giving consistent dividend 35 cents every year since year 2008, which translate to 9.7% base on current trading price RM 3.60

I am not sure whether there are others company can pay you such high dividend or not in the market, but I am sure this dividend yield is good enough to give a good return already. For those cannot take high risk in investment, maybe you can consider this company.

Based on P.I.E director's statement inside annual report 2010, they are respecting a growth from current world economy, the order starting to pick up and the result already shown in the latest quarter report, 30/6/2011. There is an increase of revenue by around 18% if compare with previous quarter report, 31/3/2011.

Beside that, there are two factories bought in at year 2010, which are expected to give contribution on year 2012. So, we can expect there will have a boost on earning at year 2012 unless there is very serious crisis happen at that time.

Conclusion, if you are a low risk investor, P.I.E definitely is a good investment stock for you with a return yield 9.7% plus a growth in these coming year. However, the market is not focusing on him, you can see its share price in these few years, no much movement for it, so please do not respect a capital appreciation from it as well.


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Please note that all data given are merely blogger's opinion. It is strongly recommended that you do your own analysis and research before investing.