On 26 Sep 2016, TTJ Holdings Ltd announced the latest full year financial results for 2016. Share price has since fallen 15% the next day.
So here is a summary of the financials:
- Significant increase in revenue and also increase net profit
- Slight reduction in investment property and fixed asset
- Was able to maintain cash amount from 2015 to 2016, despite giving an 8 cents dividend in 2016.
- Slight increase in liabilities but without any bank borrowing!
- With such rosy financials, the only negative seem to be that dividend was reduced to 1.7 cents.
So how does it fare against the Enhanced Triple S Scorecard with Dividend Scorecard Portion? (Based on the share price $0.395):
The Enhanced Triple S Scorecard continued to pass with flying colours. But the Dividend Scorecard failed.
1 passed. 1 failed. Why?
Dividend Scorecard Portion failed because Price to ......