Scientex Berhad – 2015 Annual Report

Scientex Berhad

Received a copy of my 2015 annual report in the mail for one of my favorite companies – Scientex Berhad.

Scientex Berhad Annual Report
It came in a CD.

I won’t bore you with their numbers and figures, you can have a look at their annual report yourself at the end of this post. I’ll upload it as they have yet to upload it onto their website last I checked.

Scientex Berhad Financial Highlights
Check out their 5-year performance as taken from their Annual Report

Anyway, I came across this little known company back in the year 2013, and added a small slice of the company to my humble portfolio back then. Since then, I’ve made two additional purchases and I’m thinking of purchasing more when the price is right. Scientex currently makes up around 11% of my overall portfolio.

So far, the dividends I’ve received from Scientex have been steadily increasing. With the 13 cents dividend per share declared by Scientex, my yield comes up to 3.75% for the year 2015. This is of course excluding the capital gain of 39%  over the past 2 years.

Scientex has been and will always be in the manufacturing industry. They’ve recently constructed a new plant in Melaka which is due to start production in December 2015 – which should see an increase in revenue.

Their venture into the property development industry was also a successful one. I have to admit, I was a little apprehensive when Scientex started pouring resources into developments but to my delight, it turned out to be a brilliant move. I’ve viewed their properties in Melaka and was quite impressed with the quality and also response from the buyers.

There it is, my short summary on one of the longest held shares in a company. The entire annual report can be found here: ScientexAR_2015

Enjoy and cheers!

2 Replies to “Scientex Berhad – 2015 Annual Report”

  1. Well done on your investment!

    Just wondering when did you top up your investment? The price now seems pretty high. Won’t be surprised they might implement either share bonus issues, share splits or even warrants.

    1. Thank you.

      Yes I agree that the price now is a too high, at RM8.20 per share, with the year’s dividend yield translates to almost 2.7%. What I like about Scientex is that they have a share buy back scheme in place. Which always adds to shareholder’s value.

      I wish to point out that not all my investments are that rosy. I will share a post on one of my more disappointing investments in due course.

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