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Those attending AGM, can you please suggest to the director to have online AGM concurrently. I wrote to them but no response. Last AGM is a physical 1 n it is in Kedah. Super far for many to attend.
Since 22 Sept till today, epf has been disposing about 18m shares. That will entitle about Rm4mil dividend if they hold till end of today. Puzzling....
Hi Fool, did you manage to ask what is their mitigation or strategy to overcome the drop it sales and the tax,? example, substitute the sugar with stevia. will that reduce the tax? and will the tax saving cover the stevia material cost?
Thank you for your sharing and if I can share some of my opinions as well.
1. Revenue down mainly due to covid and middle east business affected due to sugar tax. Hence drop,
2. Cost of goods went up due to hike in coffee price, sugar and shipping cost went skyrocketed. So getting raw material and exporting final products to ovoverseasncrease tremendously and it is likely to continue.
3. Dividend likely to continue to be low because they have distributed much of their profits previously and hence the retained earning is low. The nThey to rely on their profit to give more dividdividendsdue to resreasonand 2, they will not be able to do so.
4. Annual EPS per share will be around 3 to 5c (estimate) for 2022. Base on historical records this eps, share price should be around RM1.