Saturday, 8 August 2015

RCE Capital Bhd, MFM

Weekly highlights 8/8/15:

Image result for RCERCE Capital Bhd, whose net profit in the financial year ended March 31, 2015 almost tripled to RM36.2mn, has announced a special dividend of 105% for the current year. In May the financial services provider had announced a final (and only) ordinary share dividend of 15% (1.5 sen) with respect to the last financial year. That was equal to the preceding year’s dividend. (Bursa Malaysia / StarBiz)



Image result for Malayan Flour Mills BhdMalayan Flour Mills Bhd (MFM)’s net profit slipped 6% to RM12.7mn for the second quarter ended June 30, 2015 (2QFY15) from RM13.6mn a year ago, on higher net interest expenses and higher share of loss on equity accounted joint venture. The loss incurred in the joint venture was attributed by the unfavourable product margins and weakening of the Indonesian rupiah against the US dollar in 2QFY15 which resulted in unrealised losses on foreign exchange on its US dollar borrowings, it said. (Bursa Malaysia / The Edge)


How good if I have bought RCE's share.. special divided of 105%, why put in Fixed Deposit??


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Sunway construction



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