Keep INVESTING Simple and Safe (KISS)
****Investment Philosophy, Strategy and various Valuation Methods****
The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Scientex proposes 8 sen dividend for FY ended July 2012
Published: Tuesday October 23, 2012 MYT 5:09:00 PM
KUALA LUMPUR: Industrial packaging manufacturer and property developer Scientex Bhd has proposed a final single-tier dividend of 8.0 sen per share for its financial year ended July 31, 2012 (FY12).
The company said on Tuesday the final dividend would be paid on Jan 31 next year, when approved by shareholders at its AGM. This was in addition to a single-tier interim dividend of 6 sen per share paid on July 27, 2012.
Scientex said the total dividends of FY12 amounted to 14 sen per share, or a payout of RM30.1mil, which was 36% of Scientex's net profit of RM83.9 million for the year.
Scientex's group net profit rose 8.6% to RM83.9mil while group revenues increased by 9.6%to RM881.0mil, boosted by strong Asia-Pacific export sales experienced by the Group's manufacturing division, and the continued high margins and favourable product mix enjoyed by its property division.