Company Background
Frencken Group Limited, an investment holding company, operates as a capital and consumer equipment service provider primarily in Asia and Europe. The company offers integrated one-stop outsourcing solutions. It operates in two divisions, Mechatronics and Integrated Manufacturing Services (IMS).
Dividend Information
2012: 0.0061
2013: 0.005
2014: 0.014
This wouldn’t be a dividend play in my opinion. The 0.014 dividend in 2014 doesn’t seem sustainable. I feel that the company would do better by keeping the money and growing the company instead. Holding onto a good sizeable amount of cash would be better for them seeing that their cash holdings is low and if they could reduce their debt levels, even better!
Price Trend
6-year: Uptrend
1-year: Downtrend
Currently price is at 6-year trendline support level (0.21). This is the third time the support line is being tested. Trend channel is visible with resistance ......