02-09-2011, 09:06 AM
Casa's 27.39%-owned (32.301m shares) listed Malaysian associate Fiamma Holdings Bhd posted a set of highly commendable Q3 (ended 30Jun11) results recently.....
http://announcements.bursamalaysia.com/E...enDocument
More info on FHB from its FY10 AR.....
http://announcements.bursamalaysia.com/E...600306aee/$FILE/FIAMMA-AnnualReport2010%20(2.1MB).pdf
As FHB is poised to post record full-year profits for FY11 (ending 30Sep11), Casa should benefit from equity accounting its share of FHB's NP and hopefully also a higher Final dividend payout (last FY10: MYR0.055/share; amounting to approx. $710k).
Based on Casa's also highly commendable 1H (ended 31Mar11) results.....
http://info.sgx.com/webcoranncatth.nsf/V...C002E41EB/$file/Result.Annoucement.March.2011.final.pdf?openelement
I guess it is also reasonable to expect the company to post at least a decent increase in NP in the FY11 (ending 30Sep11) full-year results due by end-Nov. Is it reasonable to also expect a higher FY11 Final dividend (last FY10: $0.01/share)?
http://announcements.bursamalaysia.com/E...enDocument
More info on FHB from its FY10 AR.....
http://announcements.bursamalaysia.com/E...600306aee/$FILE/FIAMMA-AnnualReport2010%20(2.1MB).pdf
As FHB is poised to post record full-year profits for FY11 (ending 30Sep11), Casa should benefit from equity accounting its share of FHB's NP and hopefully also a higher Final dividend payout (last FY10: MYR0.055/share; amounting to approx. $710k).
Based on Casa's also highly commendable 1H (ended 31Mar11) results.....
http://info.sgx.com/webcoranncatth.nsf/V...C002E41EB/$file/Result.Annoucement.March.2011.final.pdf?openelement
I guess it is also reasonable to expect the company to post at least a decent increase in NP in the FY11 (ending 30Sep11) full-year results due by end-Nov. Is it reasonable to also expect a higher FY11 Final dividend (last FY10: $0.01/share)?