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@slstock wrote:You sure? Even before the 5:1 split+ Bonus , Div was around Rs 10 or less.
@UKboy wrote:@slstock wrote:You sure? Even before the 5:1 split+ Bonus , Div was around Rs 10 or less.
Those days their earning were not good as nowadays but dividend payout was pretty good. And also share price was trading at a better price (overall) . I had this counter for sometimes.
Rumours of Aloysius mudalai’s family buyings lead the share price to hit new heights those days.
This is one of very few companies in the market has shown continuous growth .
Don’t have any shares now but I think this counter will go up with any news of reducing their stake in NTB. Risk of a painful right issue is also very very low.
@trader911 wrote:this is like comparing apples with nelli,cfin is the king of all shares with 3bn net income for 2013 who cares abt divident ,there balance sheet is phenomenal and no exposure to gold like lfin or alli one of the few share if not only share with year on year growth for past 10years...
@Richie wrote:Useless as always, they never look after minority share holders, someone pl enlighten and check ,they must be paying deemed dividend tax instead without declaring minimum amount.
Last edited by sriranga on Tue Jun 11, 2013 3:49 pm; edited 1 time in total
@raptor wrote:I spoke to the CEO today, the delay was due to new CB rules. They had to go to their Audit committee, then to the board, then to the CB and then back to the board to get approval for dividend payments. Its the same for all leasing companies. Thats why there was a delay. A dividen of 1.25 is great, at my all in cost its about a 14% yield which is fabulous.
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