Lee metals report a poor set of results. I am not panicking yet. The poor comparison of YOY results is due to Lee metals locking in Austville profits in 2Q in 2014. Without this one-off item, the fall in profits would be less than 30% Dividends was maintained. After the bumper years of 2013 and 2014, I expect 2 cents dividends from Lee metals for the rough years ahead. QoQ profits is relatively stable at 4 mio, or close to 1 cent EPS. To maintain dividends, Lee metals need to pay 50-60% of earnings, assuming the 1 EPS can be maintained. I predict Lee metals would pay either 1.5 - 2 cents dividends in total for 2015. Next, with the exception of Sin Ghee Huat, which is in the niche Nickel steel segment, Asia Enterprise, Hupsteel reported or going to report loss for the current quarter. BRC is still ......