2012 dividends 2011FY UAE stocks companies

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2012 dividends 2011FY UAE stocks companies

Postby ixtira » Sun 29 Jan 2012 18:12

Sharjah Islamic Bank (SIB) – 6%

Tamweel (TAMWEEL) – 5%

Abu Dhabi Commercial Bank (ADCB) – 20%
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Wild Speculations

Postby sam111sam » Sun 29 Jan 2012 19:33

DIB 15 fils
ENBD 20 FILS
UNB 15 FILS
FGB 1 Dhs
EMAAR 10 FILS
AA 4 FILS
DIC 5 fils
DFM -5FILS :lol:


Can Aldar, Sorouh or Tabreed surprise up with some cash ?
only in my dreams I guess
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Re: Wild Speculations

Postby MAGANG » Sun 29 Jan 2012 20:56

sam111sam wrote:Can Aldar, Sorouh or Tabreed surprise up with some cash ?

DFM? I don't think so, I guess they are in lose now, need your view on it, Sam

Another share DSI? I guess they will aslo give 5 to 7 files,

What do you think?
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Postby aerojack » Mon 30 Jan 2012 05:35

What about NBAD& waha capital dividend expectation?
OILC used to be a good company but no new now of it
We never have discussion on sorouh,whereas financially its better company then Aldar,never took govt money only doin govt contract jobs& getting paid for it
Any hope of its share price recovering?
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Re: Wild Speculations

Postby sam111sam » Mon 30 Jan 2012 11:02

MAGANG wrote:DFM? I don't think so, I guess they are in lose now, need your view on it, Sam


DFM -5Fils,
I was joking, I meant negative 5 Fils, They will borrow from the shareholder 5 fils

As for DSI, they can afford 5 Fils for sure, but they may want to keep the cash to use on the new projects they signed. Good company, but I like ARTC more.
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Re: Wild Speculations

Postby joeoma » Mon 30 Jan 2012 13:44

sam111sam wrote:As for DSI, they can afford 5 Fils for sure, but they may want to keep the cash to use on the new projects ...


I seem to recall the CEO of DSI making a statement sometime last year that DSI may pay dividend of 7 fils but I cannot find the reference.
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Re: Wild Speculations

Postby MAGANG » Mon 30 Jan 2012 14:36

sam111sam wrote:As for DSI, they can afford 5 Fils for sure, but they may want to keep the cash to use on the new projects ...


DIC announced 2011 result, they made 5.7 cents per share, less than last year's 23 cents.

not very bad result, but considering current situation, i think they are doing well, what is your idea Sam... you have been getting cash dividend from DIC in the past few years, i guess there is no cash dividend this year...
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DIC

Postby sam111sam » Mon 30 Jan 2012 20:03

MAGANG wrote:what is your idea Sam... you have been getting cash dividend from DIC in the past few years, i guess there is no cash dividend this year......


The 4Q results are a bit disappointing. I though they would make a small profit Dhs 50-80m. They ended up with small loss instead. Over the past 5 yrs I don't recall any loss in any Q, even at the worst times.
The CEO had warned at the end of 3Q that 2011 will be a tough year.

My information is that the company is rather conservative in its accounting. That's why it was not hit hard with huge fair value drop like UPP.

The company has been investing in more conservative industrial projects with rather low ROI. But give its huge capital (3.5B) and huge share holders equity (8.5B), Even a very low 5% ROI should generate Dhs 400m annual profit which would be 12 Fils per share or a P/E of 5.x
They have been also conservative in bank loans with total short + long term loans valued 3B with is 35% of shareholders' equity.

Worst year for DIC over the last 6 yrs, but still profitable and cleaner than many others. Good company for longer term investment. eventually this can be a company paying 6-10 fils every year.

Although their profit per share would be still much more that AirArabia, I don't think they will pay cash dividend this year, although they can afford it. A 5 Fils dividend would cost them Dhs180m, while they do have 1300m in cash (on Oct 1, 2011)
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One right and one ...wrong

Postby sam111sam » Mon 30 Jan 2012 20:11

sam111sam wrote:DIB 15 fils
ENBD 20 FILS
UNB 15 FILS
FGB 1 Dhs
EMAAR 10 FILS
AA 4 FILS
DIC 5 fils
DFM -5FILS


I got FGB right, they will pay Dhs1 in cash (plus 10% shares)

It seems I got DIC wrong, we don't know yet for sure but may be no cash.
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Postby aerojack » Tue 31 Jan 2012 21:13

i remember i think in 2008 DIC initialy decided not to pay any dividend
but during AGM and on demand of shareholders finaly they agreed to pay.
so u never know there might be stil some surprises
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Re: One right and one ...wrong

Postby samy2011 » Tue 31 Jan 2012 21:24

sam111sam wrote:It seems I got DIC wrong, we don't know yet for sure but may be no cash.

hi sam111sam,i am new here. i think FGB 100%cash +100%bonus share? may be i am wrong?please clarify me.i am not that good in english.Thanks sam111sam.
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Re: One right and one ...wrong

Postby samy2011 » Tue 31 Jan 2012 21:29

sam111sam wrote:It seems I got DIC wrong, we don't know yet for sure but may be no cash.

hi sam,RAKCC can give dividend.this co. is not in your dividend list.Thanks.
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What about ARTC pay out

Postby Cash King » Tue 31 Jan 2012 21:50

Hi,

I can't find any forecast for ARTC pay out for 2012.

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Re: What about ARTC pay out

Postby MAGANG » Tue 31 Jan 2012 22:07

Cash King wrote:I can't find any forecast for ARTC pay out for 2012.

last year Arabtect gave 25% bonus shares, and in 2008 it was 50% cash dividend.

i think they will not be able to offer cash bonus, maybe bonus shares again 15% ?
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Re: One right and one ...wrong

Postby Arsh » Tue 31 Jan 2012 23:48

samy2011 wrote:hi sam,RAKCC can give dividend.this co. is not in your dividend list.Thanks.


RAKCC is in loss from all the previous 3 quarters i think they can not offer any cash dividend.
but in long term this share is very good , their books are clean .
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Re: One right and one ...wrong

Postby samy2011 » Wed 01 Feb 2012 09:35

Arsh wrote:RAKCC is in loss from all the previous 3 quarters i think they can not offer any cash dividend.


Thanks mr.Arsh.
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Re: One right and one ...wrong

Postby samy2011 » Wed 01 Feb 2012 09:36

Arsh wrote:RAKCC is in loss from all the previous 3 quarters i think they can not offer any cash dividend.


Thanks mr.Arsh.
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Re: One right and one ...wrong

Postby sam111sam » Wed 01 Feb 2012 16:12

samy2011 wrote:hi sam111sam,i am new here. i think FGB 100%cash +100%bonus share? may be i am wrong?...


English is not my first language either :lol:

OK, let me put it this way:
100% cash of the face value of the share which is ONE Dhs, It is NOT 100% the price of the share which is 15-17 Dhs

100% shares does not really interest me because it is almost the same like share split..Yes , you will get in you account suddenly double the no of the shares, BUT the share price will most likely (99%) adjuect to be half the price in one day...So your portfolio value will not change (99% of the time)

As per RAKCC I have no clue... Typically in UAE, companies distribute 20-60% of their profits.. If they have not made any profit, then no dividend.
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And the Rally goes on and on

Postby sam111sam » Wed 01 Feb 2012 16:30

Today, we could see some resistance around 1450 which is 38% Fibo of the large down cycle started in April... (Index has recovered 38% of the drop) but it did not take much hesitation from the Bulls to proceed

Saudi and the world markets are still positive...Oil is not crashing anytime soon.

But we are coming closer to the real tough resistance levels at 1500-1550

Let's see the Blue Chips results (over the weekend ?) ENBD, Emaar, Aldar Sorouh

As Taj said these heavy weights can give the index real big push..

Two weeks ago when index was below 1300, who would have thought it will gain 12% in two weeks :?:
Some guys thought we are looking at 1100 soon, so let's sell now at any price and buy the same shares 30% cheaper at a later time. Well, may be we see 1100 but not now at least.
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Re: And the Rally goes on and on

Postby MAGANG » Wed 01 Feb 2012 18:57

sam111sam wrote:Today, we could see some resistance around 1450 which is 38% Fibo of the large down cycle started in ...


I am expecting Emaar profit for last year to be 24 to 27 cents per share, if they give 10 cents cash bonus, we can expect share to reach at least 3.3 dhs per share, and index to reach 1550,
What is your view on it? Sam
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Re: And the Rally goes on and on

Postby sam111sam » Wed 01 Feb 2012 23:35

MAGANG wrote:I am expecting Emaar profit for last year to be 24 to 27 cents per share, if they give 10 cents cash bonus, we can expect share to reach at least 3.3 dhs per share, and index to reach 1550,
What is your view on it? Sam...


My view is very close to yours
BUT
Emaar has surprised me so many times with sudden write off ...I don't touch it anymore..Not sure if will they write off their full investment in Amlak
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Re: And the Rally goes on and on

Postby MAGANG » Thu 02 Feb 2012 08:13

sam111sam wrote:Emaar has surprised me so many times with sudden write off ...I don't touch it anymore..Not sure if will ...


if they write off Amlak, we will have less than 10cents profit, that is going to be a bad news.

hope they are not going to write off, at least not Q4 2011.
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Re: Wild Speculations

Postby sam111sam » Thu 02 Feb 2012 16:59

sam111sam wrote:DIB 15 fils
ENBD 20 FILS
UNB 15 FILS
FGB 1 Dhs
EMAAR 10 FILS
AA 4 FILS
DIC 5 fils
DFM -5FILS


OK, DIB listens to my recommendations and did not let me down
15 Fils in cash is a good 7%+... Yet the share price went down today
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Re: Wild Speculations

Postby MAGANG » Thu 02 Feb 2012 17:28

sam111sam wrote:15 Fils in cash is a good 7%+... Yet the share price went down today


I Guess investors looking for 25 not 15.

Anyway, today's fall is normal, DIB has gone up 20% in two weeks, without DIB and meshraq bank' s big fall, I think index would not lose more than 4 points!

Let' s see what will happen next week, waiting for Emaar result!
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Re: One right and one ...wrong

Postby samy2011 » Fri 03 Feb 2012 20:18

Arsh wrote:RAKCC is in loss from all the previous 3 quarters i think they can not offer any cash dividend.


hi Mr.Arsh,as soon as u told about RAKCC i exited with little profit.Also entered UNB with good price at 3.12.Today RAKCC result may be negative.
Thanks Arsh.Right time u gave guidenc.
Last edited by samy2011 on Sat 04 Feb 2012 10:29, edited 1 time in total.
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