CASH RICH REXP

Yahapalanaya · 1 CASH RICH REXP Fri Feb 15, 2019 7:19 am

Yahapalanaya

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Excellant performance as expected.

181Million net profit in this quarter(86% increased from same quarter last year).
P/B 1.5
PE 4

350Million cash available.Could we expect 20rs dividend... Razz

nishjaya · 2 Re: CASH RICH REXP Fri Feb 15, 2019 9:57 am

nishjaya

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Could we expect not 20 rs it will be 30rs dividend.

Cricketman · 3 Re: CASH RICH REXP Wed Feb 20, 2019 5:21 am

Cricketman

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Rs.20-22 is highly likely.
What matters in giving divi is retained earnings not cash though.
REXP retained earnings around 1.1B

arun.cse · 4 CASH RICH REXP Tue Mar 05, 2019 5:54 am

arun.cse

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EPS may be around 55-60. REXP will move up easily to 280 level.

Yahapalanaya · 5 Re: CASH RICH REXP Thu Mar 14, 2019 6:09 pm

Yahapalanaya

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Date of Announcement: - 14.Mar.2019
Rate of Dividend: - Rs.18.00 per share (Interim Dividend)
Financial Year: - 2018/2019
Shareholder Approval: - Not Required
XD: - 26.Mar.2019
Payment: - 29.Mar.201

Dividend increased from 16 to 18.