Excellent set of results that is within my expectation. Its best set of results since listing in 2004. Highest dividend payout at a ratio of 36.6%. PEG for 3 years is a mere 0.08. Taiwan continues to provide the growth with China catching up. The following are the opinions of the management on their two main markets:
1. Management opines that China will be our fastest growing market for at least the next three to five years, barring any unforeseen circumstances.
2. The management remains cautiously optimistic that growth in Taiwan will sustain for FY2017.
2. The management remains cautiously optimistic that growth in Taiwan will sustain for FY2017.
Will continue to hold on to my stake to participate in the growth of this company. And expect dividend continue to increase with the growth as it has a dividend policy of paying out at least 30%.
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