seems that they skipped the dividend for the quarter , the announcement was due in july
thinking to sell this and buy PI Industries
If you've been tracking developments in this company, after their JV with Sourcecorp effective May 2011, I don't think interim dividends were expected in July or anytime till they announce annual consolidated results (which may come around Feb-2012 now that they have CY as their FY).
Hereafter, they will announce only standalone results on quarterly basis which reveal very little info. In any case, this stock is not intended to be a dividend play, this is a very high risk stock with a complex corporate structure. They may still announce decent dividends we can't say but one should be holding it only if one's risk profile permits.
As a disclosure, I added more sometime back.
Someone’s sitting in shade today because someone planted a tree long time ago.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Here's why members would love to be a part of theequitydesk.com
Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
Live discussion forum wherein members can discuss the current Indian share Market trend,
BSE Sensex or the Nifty Index.
Have huge cache of information on Indian and World Share Market.
Analysis of Indian stock market, Global events, Investing insights, portfolio
management strategies and thoughts,
Meet investors from round the globe check their investing strategies share experiences and learn
for their experiences on stocks and shares, evaluate opinions on investing in India.
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
