01-02-2011, 10:47 AM
Adampak will soon announce the FY10 (ended 31Dec10) full-year results. [Last FY09, it was made on 26Feb10.] Based on the solid 1st 3Q's performance.....
http://info.sgx.com/webcoranncatth.nsf/V...80031C004/$file/ResultsQ3_2010.pdf?openelement
, there should be little surprise in having a set of very good full-year numbers (including the B/S).
As usual, there should be also a good Final dividend. [Last FY09: $0.015/share] Bearing in mind Adampak already had a large nett cash reserve as at 30Sep10 - giving a nett cash per share of $0.05 - and the expected big increase in the full-year NP (vs. FY09), I am hoping for at least $0.02/share this time round. I am optimistic here, as Adampak's CEO Chua has said before that it is not the management's desire to want to keep too much excess capital/cash in the company as this would lower its recurrent ROE. Let's see how far he will go on this score and to reward shareholders as well.
http://info.sgx.com/webcoranncatth.nsf/V...80031C004/$file/ResultsQ3_2010.pdf?openelement
, there should be little surprise in having a set of very good full-year numbers (including the B/S).
As usual, there should be also a good Final dividend. [Last FY09: $0.015/share] Bearing in mind Adampak already had a large nett cash reserve as at 30Sep10 - giving a nett cash per share of $0.05 - and the expected big increase in the full-year NP (vs. FY09), I am hoping for at least $0.02/share this time round. I am optimistic here, as Adampak's CEO Chua has said before that it is not the management's desire to want to keep too much excess capital/cash in the company as this would lower its recurrent ROE. Let's see how far he will go on this score and to reward shareholders as well.