JD also posted some great results. The stock is trading almost at the same level as before the news of irregularities a few months ago. I don’t really have a strong opinion about the business itself. The stock looks somewhat cheap here, but there are more interesting bargains to be found. JD also posted some great results. The stock is trading almost at the same level as before the news of irregularities a few months ago. I don’t really have a strong opinion about the business itself. The stock looks somewhat cheap here, but there are more interesting bargains to be found.
how are you getting a 30% yield on Nameson? I see 10.1 cents LTM dividends. All I know about the NTM is that TIKR is telling me is that ebit going from 545m to 551m fy24 to fy25 according to one sellside analyst. Now, a nearly 20% yield is nothing to sneeze at, but just trying to understand you DPS estimate here. Thanks
To own Nameson (1982.HK) for its future dividends stream, we have to be comfortable with:
a/ 57% of revenue coming from one customer: Uniqlo.
b/ Knitted sweaters being a apparel staple.
c/ Having the Wong Family Trust controlling 3/4 of the shares.
https://doc.irasia.com/listco/hk/nameson/cpresent/pre231124.pdf
Do you mean JD 9618 ? What irregularities?
JD also posted some great results. The stock is trading almost at the same level as before the news of irregularities a few months ago. I don’t really have a strong opinion about the business itself. The stock looks somewhat cheap here, but there are more interesting bargains to be found. JD also posted some great results. The stock is trading almost at the same level as before the news of irregularities a few months ago. I don’t really have a strong opinion about the business itself. The stock looks somewhat cheap here, but there are more interesting bargains to be found.
how are you getting a 30% yield on Nameson? I see 10.1 cents LTM dividends. All I know about the NTM is that TIKR is telling me is that ebit going from 545m to 551m fy24 to fy25 according to one sellside analyst. Now, a nearly 20% yield is nothing to sneeze at, but just trying to understand you DPS estimate here. Thanks