5. Dividends By the date of this report, the Board is yet to make a decision on dividend payment for the financial period ended 31 December 2017.
Board holds most of the registered shares, hopefully the Div can be decided soon. $6m profit in last financial year only 85m shares on issue , so 4c div per share is fair.
In addition: "With increase in the plantation area of 131 hectares and 135 new vegetables green house, it is expected that the Group will achieve a steady increase in vegetable yield volume and a significant increase in sales revenue in the current financial year." looking forward to more profits coming this year. From 6 to $8-10M per year ?
JJF Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
