By: La Papillion China milk 1Q09 Not sure if they are going to give interim dividends for the next 3 quarters. If they do, that will give an annualised dividend yield of around 3% at last closing price. Great growth from EPS - what's good is that they are not as badly hit by rising material cost as other companies. In fact, they played the inflation game pretty well. Read that they had to buy more fertillisers as they do not have enough generated internally - will this be a long term running cost for the company? Read more... Swiber 2Q08 results Swiber 2Q08 results From their foot notes, they mentioned their increase in revenue is the results of revenue derived from offshore construction projects. In 2Q08, Swiber executed 6 projects simultaneously over Brunei, M’sia, and Indonesia, compared to just 2 offshore construction projects in M’sia and Brunei in 2Q08. Two things to take from here – one is that Swiber’s capability and outreach is wider than a year ago with more operations in a wider area. The second is that the scope of their operations also widened over a span of a year. Read more...