Thursday, July 15, 2010

scomi engineering bhd (scomien)

Scomien

Total liabilities                       = RM422,329,000
Deposits with licensed banks = RM47,104,000
Cash and bank balance         = RM2,729,000

Share issued                          = 280,000,000 ( lebih kurang)

Special Interim Dividend of 29.5 sen per ordinary share as follows:

(i) an interim dividend of 6 sen per ordinary share (gross) less 25% income tax;

(ii) an interim tax exempt dividend of 11 sen per ordinary share to be paid out of income exempted under Schedule 6 Paragraph 28 of the Income Tax Act, 1967 and is exempted from Income Tax in Malaysia in the hands of shareholders under Schedule 7A Paragraph 5(3) of the said Act; and

(iii) an interim single tier exempt dividend of 12.5 sen per ordinary share.


280million X 29.5sen = 280million X RM0.295 = RM82,600,000

一间全部 cash 只有 47,104,000 + 2,729,000 = RM49,833,000 的 scomien 公司,

可以付给它的股东股息高达 RM82,600,000

82,600,000 / 49,833,000 X100% = 166%

意思是说它给它股东的股息竟然是它所拥有的现金的 166%.

请问从那里找出多余的 66% 现金给股东 ?




诸位: 不知我有没有算错?

如果没算错, 那2010年第二季,也既是即将公布的新一季财报可能非常亮丽标青,

如是这样,不得不留意了这 乳神了 (cash cow)。

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