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HLIND Hong Leong Industrial is full of cash and can't finish the interest

HLIND Hong Leong Industrial is full of cash and can't finish the interest
#HLIND丰隆工业现金历史新高
#特别股息50分推高股价6年新高
#有钱不派息股价很难涨

At the end of 2016, I attended HLIND's shareholders' meeting. At that time, the average age of most shareholders ranged from 50 to 60. The company's Net Cash grew tenfold from RM169 mil in 8 and a half years to RM1,691 mil now. The ability to save money is amazing. As a result, many of the investors who bought at low prices in the early days held dividends, but the increase in stock prices has been relatively poor in the past few years, and only this year has ushered in a turning point.

After the profit broke through the RM300 mil mark in 2018-19, the stock price broke through a record high of RM12.30 in 2018. Unfortunately, profits have not been able to break through RM300 mil after the pandemic, so the stock price has remained stuck at RM9-10.

In fact, Harry has been calling for HLIND to pay a special dividend on FB Live for the past few years, but unfortunately Hong Leong Management didn't see it. It's really difficult for stock prices to rise if you have money without expanding and not paying special dividends. Recently, the company sold its subsidiaries to receive additional cash. Coupled with the company's cash increasing to a new high level of close to RM1.7 billion each year, the company was finally willing to pay a special dividend of 50 cents.

As soon as a special dividend was paid, profits grew slightly. In the past, the stock prices of such companies all moved north. Examples include the previous PANAMY, Uand RCECAP in recent years, and APOLLO and HLIND this year.

As soon as HLIND announced the distribution of 50 points of special leniency, the stock price began to advance northward at RM9.50. After the 50 cent dividend was removed, today the stock price continued to break through a 6-year high to a new intraday high of RM11.20, and closed at RM11.00. In the past two months, I earned 20% off, including dividends. However, there have been no signs or hints that HLIND will pay a special dividend until now. Unless dividend investors who have held shares before can eat a whole piece of meat, they will earn less if they chase higher amounts.

HLIND paid a dividend of 57 points in FY23 fiscal year, which is already a record high. F24 will pay a 20-point interim dividend plus a special dividend of 50 points in the first half of the year. Assuming that a 30-minute Second Interim Dividend is distributed in May, the annual dividend may reach RM1.

Assuming that HLIND is the same as Uin the future, there will be a special dividend every 2-3 years, and profits will grow 5-8% every year. The future will have an opportunity to challenge record highs.

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    投资座右铭:价值为主,技术为辅,心态之上 在股市拥有超过10年的经验,主要是通过科技以及制造出口领域累积财富。
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