1. 1Q2012 net income increased by 17% to RM9.93m. Accordingly, EPS up by 17% to 3.54 sen per share.
2. The better result was attributed to higher average occupancy rate of Menara HLA as a result of new tenancies and renewal of existing tenancies.
3. At yesterday closing price of RM1.42 and FY11 total dividend of 10.85 sen, historical dividend yield is 7.6%.
4. Conclusion: not a very sexy stock, but worth to keep for long run to enjoy the dividend yield.
ONLINE STORE - salvadordali
1 month ago
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