Roy Ng's comment on LBS. All Comments
Roy Ng
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Can go youtube to see lbs generated highest returns for shares holders in the last three years, 2017, 2018, 2019. Hold on first, they going to sell an asset in China to pay out very big special returns to shareholders. This happened in year 2013, can check their total dividends payout at internet.
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4 years · translate ·
Andreew
understand that even with the disposal, the money is just enough to cover part of the debts, dont expect good dividend payout
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Roy Ng
Bro, let's wait for the result. I am quite sure they will reward for shareholders, including themselves.
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Roy Ng
The disposal money 30% will be given out as dividends. Dividend policy is 30%.
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思思
When result coming out ya
1 Like · 4 years · translate
Roy Ng
normally two to three months after momentum of understanding
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Roy Ng
Last time year 2013, I held LBS shares and they had sold an asset in China and declared special dividends 32 sens to shareholders over 5 years. Share price then was 38 sens and rose to 78 sens within 6 months.
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Roy Ng
I guess this is maybe one of the reason why top Glove boss buying LBS shares in March.
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Leslie Lee Yoke Chai
Top Glove boss bought Lbs, because Lbs not doing well and need aid financially. Maybe any expansion of top glove factory later that related consunction will be benefit LBS..
1 Like · 4 years · translate