Sell @ $0.52, $0.525
Contra off a recent buy and sell a previous Q bet for Yield Rotations Play… 😀
KIT @ $0.51
FCOT @ $1.3483
F&N @ $2.19
Sell @ $2.19
FY15 results were out last Friday…. didn't notice till I was alerted by the cd sign next to share price today… Div = 3ct maintained… 😀
Decided to sell as I'd bought recently as a bet for a better Div… was hoping for a tiny increase despite their previous news release stating that they intend to reinvest the proceeds from sale of Myanmar Brewery…
FY15 (Continuing biz) EPS = 4.4ct, down from 6.8ct… Big drop from Beverages due to Foreign Currencies weakness and Higher Marketing & Admin Expenses (new product launches such as Oishi & Coco Life cited)… PE = 50 (35 ex-cash) don't look good… Cash = 67ct / share will be the main reason to provide price support… unless their EPS recovers… or increases from new acquisitions…
UMS @ $0.51
Buy @ $0.51
Make a bet that coming Q3 results will be good… worst case, Div = 1ct ought to be mainatined and provide some share price support… 😀
Results were announced after mkt closed… EPS = 1.99ct, much better yoy (1.27ct) but last year was not a good Q… On qoq, only slightly better, vs 1.93ct… Not up to my expectation, when compared to Industry BB… but, according to their release, it's as per their guidance of a flat Q3… Forward guidance for Q4 is weaker…
9M EPS = 5.67ct ; FCF = 5.24ct. As long as Q4 stays positive for both EPS & FCF, the likelihood of maintaining Div = 3ct for Q4 is good… Shares Buy-Back still MIA…