Kingsmen Creatives

Thread Rating:
  • 3 Vote(s) - 3.67 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Kingsmen dividend history:

$0.04 - FY 2011
$0.04 - FY 2012
$0.04 - FY 2013 
$0.04 - FY 2014

This then reduced to 

$0.03 - FY 2015
$0.025 - FY 2016
$0.025 - FY 2017 
$0.025 - FY 2018 

and then reduced further to 

$0.01 - FY2019 

before dividends stopped from FY 2020 to 2021 (due to Covid).

Thankfully they have been able to restart dividend payments @ $0.01 from FY 2022 & continued in FY 2023 (Though their bottom line took a hit).

I am hopeful like you and other long time KC holders that they will be able to go back to the glory of the old days  Smile
"You are right not because the world agrees or disagrees with you, rather you are right because your facts & reasoning are right."
Reply
(20-04-2024, 10:14 PM)sgmystique Wrote: Kingsmen dividend history:

$0.04 - FY 2011
$0.04 - FY 2012
$0.04 - FY 2013 
$0.04 - FY 2014

This then reduced to 

$0.03 - FY 2015
$0.025 - FY 2016
$0.025 - FY 2017 
$0.025 - FY 2018 

and then reduced further to 

$0.01 - FY2019 

before dividends stopped from FY 2020 to 2021 (due to Covid).

Thankfully they have been able to restart dividend payments @ $0.01 from FY 2022 & continued in FY 2023 (Though their bottom line took a hit).

I am hopeful like you and other long time KC holders that they will be able to go back to the glory of the old days  Smile

Might be worth comparing the investment merits with Pico Far East.

AR2023 - 5 yr financial summary pg24
https://www.hkexnews.hk/listedco/listcon...900282.pdf

Dividend History
http://www.aastocks.com/en/stocks/analys...mbol=00752
Reply
There will be an EGM on 15 May with 1 ordinary resolution as special business. This is to seek aproval for the disposal of the Malaysian property which was previously announced on 11 March.

So shareholders can get another opportunity to visit and talk to the guys again.

Btw, I got this info from this morning BusinessTimes.
Reply
A first SBB by Kingsmen Creatives in the last 9 years with ~30k spent buying at avg 45cents (which is significantly higher than at the start of the year). Kingsmen Creatives had flagged a good year is coming in 2025 and been relatively asset light (working capital is largely negligible), there may be excess capital to do SBB. And if earnings continue to improve in future, it will be seen as a value accretive move when one looks back. The only question would be why didn't the company start its SBB at much lower prices instead?

Share Buy-Back - Daily Share Buy-Back Notice

https://links.sgx.com/1.0.0/corporate-an...8eb5ab193a
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.
Reply


Forum Jump:


Users browsing this thread: 13 Guest(s)