Think the dividend payout this round will NOT be better than the  preceding year which is (HKD0.17).
Based on last 9mths group performance ended 31Dec2012. Vested.
Seems like start moving again.
Unless there is a change in the management, otherwise the dividends should still be there. As they have been consistently payout the dividend.
2012        HKD 0.17
2011          HKD 0.14
2010        HKD 0.07
2009          HKD 0.045
2008        HKD 0.078
2007        HKD 0.063
 
tea444u ( Date: 10-Apr-2013 17:09) Posted:
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but his one donno whether gibing dividends or not this year...and how much? if not more than 2 cents then how? judging from profits ,maybe not more than 2 cents ? i bought this before...not bad...generous coy...anyone can opine? 
FINALLY RUN UP.........VALUTRONICS....$0.215
Get in another 50lots two days ago.
Volume seems picking up.
Seems like I am only the few that is continously picking up on this counter. Yesterday have just get another 44lots at 0.205.
Divident for 2012, 2011, 2010, 2009 are 0.17,0.14,0.07,0.045 HKD, for current price of S$0.205, 0.17HKD will turn up to be a yield of 13.1%. This is a very high divident yield. Can this be substantable? To my believe it is a yes. The EPS for half quarter is 0.185HKD, but due to the ceasation of unprofit branch the payout reduce the EPS to 0.08HKD, as the earning for the second quarter is still profit even after deduct the ceasation we know that, earning per shares  is improving for the last quarter, which is more then 0.105 HKD.  If we maintain the same earning for 3rd and 4th quarter then the EPS should be around 0.4HKD, thus if they payout 50% of their earning as divident then it will be around 0.2HKD. But bear in mind that the China  PMI is improving, they should be able to get more order since during the bad times they earning is continously improving. The share price did not move up much even with the divident and earning continously improve, thus this is a good investment in the long terms.
Attached from investing.businessweek.com.
Hi thank you very much for both reply:). Btw what do you mean by hongkie company and not a S chip means? Thks.
Yes it would be good investment for long terms, as performance is continously improving except this year. Where they close down the lossing session, thus the future performance should be much better.
http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=VALUE:SP
Buy it as a dividend yielding stock for there won't be much capital appreciation.... Also it is a Hongkie Company and not a S Chip.
Can anyone advice on this counter? Worth to invest for long term? Thks.
The 2nd quarter perform much better then 1Q, thus have pick up 20lots, if price further decline will continue to pick up.
Hi Oldflying fox,
Actually the price might still decline somemore after the Q2 2013 result. I will pickup some more if Q2 is not as bad as what most have expected. Q2 2013 will have 28million HK$ need to absorb for the ceasation of the licensing unit. Thus if it is still profitable for Q2, that implies that the company is doing extremely well even with the cost of the ceasation. If it making a lost within 5million HK$, then it performance maintain, so in long run it is still a good choice. If it lost more the 5million for Q2, then better reconsider.
The company performance have been stable and increasing, just from the dividend issue you will notice. FY 2009 4.5HKcts, FY 2010 7HKcts, FY 2011 14HKcts, FY 2012 17 HKcts. If FY2013 dividend can maintain then it will be around 14% based on current share price.
As mention in the financial report, the losses in licensing unit for FY 2011 and 2012, are 11.4M HK$ and 23.7M HK$, that means the expenditure for the unit for FY 2011 and 2012 is 114M HK$ and 44.8M HK$ respectively. Contribution to revenue for FY 2011 and 2012 is 1.7% and 3.8%, but the contribution to expenditure is even more significant, FY 2011 and FY 2012, which is 2.4% and 5.1% respectively. For the Q1 2013 the revenue is only 7M HK$, the expenditure is not mention. Thus if a business continue to incure loss, casesation is a wise decision to stop then continue to eat into your resources.
oldflyingfox ( Date: 23-Oct-2012 18:07) Posted:
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now is 0.205, is it a good buy for it's high dividend?
What is the expected next dividend like, higher, same or lower.
Hi is it advisable to sell now as i still holding some stocks,thks
starlene ( Date: 13-Aug-2012 23:36) Posted:
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What a joke!   Downgrade by research house   to SELL with T/P 0.16 !?