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Tuesday 4 March 2014

2014.02.26 - IGB(怡保花园)业绩公布与宣布派息!



SUMMARY OF KEY FINANCIAL INFORMATION


31/12/2013

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2013
31/12/2012
31/12/2013
31/12/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
314,457
268,937
1,091,131
993,851
2Profit/(loss) before tax
89,356
80,627
404,559
366,198
3Profit/(loss) for the period
67,270
49,431
307,540
222,044
4Profit/(loss) attributable to ordinary equity holders of the parent
43,828
29,270
210,079
180,190
5Basic earnings/(loss) per share (Subunit)
3.15
2.03
15.08
12.47
6Proposed/Declared dividend per share (Subunit)
2.50
7.50
7.50
7.50


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7Net assets per share attributable to ordinary equity holders of the parent ($$)
3.2505
2.9191


1)如季报上所写,IGB的净利从去年的2亿2千2百万提升至3亿7百5十万!升幅接近40%!原因有可能是因为把Mid Valley转换成产业信托,税务较低……

2)而EPS也从12.47仙跃升至15.08仙,相等于20%增幅!除了业绩亮丽,不过这可能是因为去年年尾的注销库存股所致(2013.11.29 - IGB 通告 - 这应该是注销库存股吧??

3)每股价值为RM3.25,而市价为RM2.59!显然股价并没有反映真正的内在价值!不过考虑到它属于“半间”控股公司,(通过旗下产业投资膀臂IGBReit控制着两间商场!)还有股息偏低(2.5%),不获得投资者的青睐也是正常的!所以,我打算等累积足够的IGBReit之后,就开始加码母公司~

3)是次宣布的股息为2.5仙!5,000股乘以2.5仙等于RM125!等于1%股息回酬,唯一较理想的是这股息是单层税务的!不用再扣25%。除权日是3月12日,派息日则是3月28日!与IGBReit相差一个月!

4)全年股息维持7.5仙,(原以为股息会稍微提高……)5仙是要扣25% 税的,2.5仙是单层税务!我的回酬为2.5%!

5)现在手持5,000股IGB,目标是今年以内达到10,000股!

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