Tuesday, May 6, 2008

Bought ZHULIAN (5131) at 1.05

Just bought in ZHULIAN this morning at $1.05, considering the overall dividend yield at 15% and PE at 5.8. This really attract me for longterm dividend play. It 1Q net profit 15.315 million (increased 0.37%) look very healthy to me. I expect the EPS to sustain at around 18sen and may continue it generous dividend payout in every quarter.

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