Boustead. TM.

Boustead's dividend payout record: 5 sen on 26th June 2009, 5 sen on 13th Sept 2009, 7.5 sen on 11th Dec 2009, final 10 sen on16th Mar 2010. Recent payout 5 sen on 15th Jun.
I think we can expect another 5 sen come early Sept.
TM's dividend payout: 10 sen on 8th Sept 2009. Recent payout 13 sen on 18th May.
Expecting a minimum 10 sen end Sept.

Sime vs. IOI

Sime (Last four Q eps 16/11/7/ -5 sen). Quarterly earnings decline with the recent at a loss. Sold my holding much earlier when I saw the earning drop from 11 sen to 7. What's the fair value to buy in again..? Assuming becomes profitable in the next two quarters at Q eps 7 sen, then fair value Fv (with annualised PER 10) = 7 x 4 x 10 = RM2.80
Current price of Sime = RM7.49 ie. at 2.67 times over its fair value of PER 10

Check IOI (Q eps 8.2/8.0/7.7/8.6 sen recent) Fair value Fv = 8.6 x 4 x 10 = RM3.44
Current price of IOI = RM4.95
Ratio 495/ 344 = 1.44, so IOI is currently priced at 14.4 PER
Applying same ratio, Sime should be priced at 1.44 x RM2.80 = RM4.04
For now, IOI seems to have better value than Sime

June's Job Losses Up, May's Factory Orders Drop

The US economy lost 125,000 jobs in June, more than financial market and economist's forecast of 110,000 as thousands of temporary census jobs ended and private hiring grew less than expected.

With unemployment stubbornly high, household spending has turned sluggish in recent months, threatening to create a vicious cycle that stock market investors and some analysts worry could tip the economy back into recession.

The Federal Reserve is also in a bind. It has held benchmark overnight interest rates close to zero since December 2008 and has pumped more than $1 trillion into the economy.
Fed officials believe a sustainable recovery has taken hold, but are watching cautiously.

Orders to U.S. factories declined broadly in May after nine straight months of gains, raising new concerns that the recovery is stalling. The Commerce Department said Friday that orders for manufactured goods decreased 1.4 percent in May. It was the biggest drop since March 2009.