TB8 0.00% 13.0¢ tianmei beverage group corporation limited

Ann: Appendix 4C, page-18

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  1. 12,194 Posts.
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    Usually a dividend comes from profit and usually from from profit within the immediately preceding financial period (full year of half year) but in order to generate a profit they will need to do something and generate sales.

    They don't have a plant for water yet, they don't have any dairy deals yet, they don't have much at all really, so where is the profit going to come from and if, a big if, there is suddenly a rush of sales to make June 30th then don't expect any dividend to be of significance or include franking credits.

    This one is a WAG at best that maybe will get a price spike beyond the IPO price to allow punters to sell up and move on. If you want what TB8 are touting you would be better off trying BFC or the pokies.
 
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