there are very few stocks that can match such performance Qingmei’s IPO price was 31 cts. Its record high & low were 36.5 cts and 15.5 cts respectively. With FY10 earnings of 39.1 cts(RMB) per share and dividend payout of 11.72 cts(RMB); and FY11 earnings of 43.1 cts(RMB) per share and dividend payout of 12.92 cts(RMB), there are very few stocks that can match such performance. At the current price of around 19.5 cts (close to its bottom), there is very low downside risk but high potential upside capital gain -(provided the bull market returns and rotational interest comes into the penny stocks). I added more to my holdings recently at the current price level and bad market sentiments.
2019-07-18 06:01
安仪
这文章可信度不高 以下这两段： The total payout in those two years adds up to 24.64 RMB cents. Given the issued share capital of 640 million shares, the company would be paying out RMB157.7 m in total, or about S$30 million. To put this S$30 million in perspective, it comes up to about 75% of the IPO net proceeds of S$44 million, which suggests that the cash on the company's balance sheet is real.
程达晶
there are very few stocks that can match such performance
Qingmei’s IPO price was 31 cts. Its record high & low were 36.5 cts and 15.5 cts respectively. With FY10 earnings of 39.1 cts(RMB) per share and dividend payout of 11.72 cts(RMB); and FY11 earnings of 43.1 cts(RMB) per share and dividend payout of 12.92 cts(RMB), there are very few stocks that can match such performance. At the current price of around 19.5 cts (close to its bottom), there is very low downside risk but high potential upside capital gain -(provided the bull market returns and rotational interest comes into the penny stocks). I added more to my holdings recently at the current price level and bad market sentiments.