Harbour-Link Group Bhd has announced to give out 5.5% of first and final dividend

I will just point it out in point form format, so that it will be easier for you guys to understand. :)

1. The dividend has increased from 2.50 cents to 5.50 cents which is more than double. 

     2.  The dividend has been continuously increased since 2007.

     3.  Dividend indicates the earning of the company. As the company earns more, it will be                         more like to give out more dividends.

     

   

   4.  This is the first time ever Harbour pays 5.50cents dividend.

   5.  Every quarter report, Harbour has always shown higher earning compared to previous                   quarter report.

 
 

   All the information above is just for reference only, trade at your own risk.

HARBOUR_LINK GROUP BHD

Harbour-Link Group Bhd

40 years of growth

Harbour-Link Group Berhad (2062, HARBOUR)  is a Malaysia-based investment holding company engaged in the provision of management services to the subsidiaries. The principal activities of the subsidiaries include:

1. Integrated Logistic services

2. Shipping and Marine services

3. Engineering and Construction works

4. Heavy Lifting and Haulage services

5. Property development

Quarter report for the last two years

Harbour-Link Group Bhd is a growing company where its revenue and profit have been increased from quarters to quarters. NTA is getting higher, which is from 1.17 to 1.54. NTA ( Net Tangible Asset) refers to the total asset minus all the liabilities and intangible assets that the company owns.  

Next, the net profit of the recent quarter report is RM15,583,000, which means the profit has been increased about 30% compare to last year. 

Look at the P/E ratio is only 8.11 and the Earning Per Share is 28.62.

This is a growing company and the stock price is undervalue. 

In my opinion, i would like to give RM 2.80 as my target price when the PE reaches 10. 

THANK YOU