ZNO 0.00% 2.8¢ zoono group limited

DIVIDEND, page-10

  1. 148 Posts.
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    The proposed dividend distribution indicate that the directors are confident that the demand for their product is on going and the business is sustainable. This is a very good thing to know. The distribution recommendation to the Directors is very much based on the NPAT taking into consideration the prior year losses and forecast profit for the up coming year as well as the cash in their bank account. It also depend on their distribution policy. If I am the CFO, the distribution would never be greater than 50% of NPAT and it is likely to be lower than 3 cents for now given that it is the first year that they made a profit. The fact that they are considering a distribution means that they are very confident that their revenue will continue to grow. It would be interesting to see what their guidance is for next year. I do not expect 3c distribution but it would be a bonus if they do.
 
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