Shares & Derivatives
Tee International…..my latest Stock Pick delivers strong FY2011 results with net profit higher by 46.5% to S$16.7mn…..company also surprises with good dividend
By Kevin Scully-Financial Blog  •  July 18, 2011
Tee International.....my latest Stock Pick delivers strong FY2011 results with net profit higher by 46.5% to S$16.7mn.....company also surprises with good dividend Monday, 18 July, 2011 8:31 AM Posted by Kevin Scully Tee International, my latest Stock Pick, reported its FY2011 results today.  The numbers were slightly better than the forecasts by our analyst but the most interesting item in the results was its final dividend of S$1.25 cents and a bonus dividend of S$0.5 cents giving a total final dividend of S$1.75 cents - although this is lower than its FY2010 dividend of S$2.2 cents - its the same if we include its FY2011 interim dividend of S$0.5 cents.  While the dividend is the same - its actually double that in FY2010 following the stock split. Key points in the results worth noting: a) revenue rose 62.7% to ......
Read the full article
By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance