That is like what we see in some Chinese language drama.
“I’ve excellent news and unhealthy information. Which one do you wish to hear first?”
Sure, I do know!
Dangerous AK! Dangerous AK!
As common, I simply zoom in on what issues to me.
Common readers know that AK is just too lazy to do full analyses.
In my protection, I’d say that it’s like placing collectively a jigsaw puzzle.
We don’t must have each single piece to be in place to see the image.
We simply must put probably the most very important items of the puzzle collectively.
Within the case of Wilmar, I largely give attention to their working money flows and the capital expenditure or CAPEX.
Wilmar remains to be rising its companies.
Sure, within the plural.
They’ve many companies that are rising and they’re always investing in them.
So, if they’ve robust working money circulate however use all of the money in CAPEX, there can be nothing left to pay dividends.
See why I take a look at working money circulate and CAPEX now?
As a retiree investor for revenue, dividends are very important to me.
In 1H2023, Wilmar generated US$3.19 billion in working money circulate whereas CAPEX was US$1.16 billion.
Additionally they used US$142.2 million for the acquisition of subsidiaries, joint ventures and associates.
So, if we do the sums, Wilmar might simply pay a dividend although its revenue lowered 10%.
6c DPS quantities to US$542.6 million.
In any case this, Wilmar remains to be free money circulate constructive!
Any investor would like to see this.
As Wilmar is one among my largest investments, I’m trying ahead to the dividend which might be paid on 30 August.
Huat ah!
If you’re curious how a lot my 3Q 2023 passive revenue goes to be, you aren’t alone?
If AK can do it, so are you able to!
P.S. A brand new YouTube video I produced at present will go LIVE at 7pm this night.
You possibly can go to my YouTube channel and set a reminder underneath “Notify Me” if you need to look at the video along with me.
