[%PUHC%]

N2N summary (part 1)

Borrowings = 0

1. Marketable securities @ RM 60.866mil
2. Cash @ RM 92.370mil
Total = RM 153.236mil

Net cash per share = RM0.275

20th AGM Meeting Minutes:
[%DuYu%]
*Company cash reserve practices range from 120-140mil. Balance for the dividend.

(a) The annual dividend base will be 2 sen per year.

(b) Potential for an extra dividend as of Q3 FY2023's cash level
= RM153 - 140 = RM 13mil
= 13 / (NOSH 558.204)
= 2.3sen

If the company management walks their talk, dividend is possible paying up to 4sen a year. If they are not paying more dividends, perhaps they are reserving huge amounts of cash for meaningful M&A going forward.

$KLSE-N2N

N2N summary (part 1)

Borrowings = 0

1. Marketable securities @ RM 60.866mil
2. Cash @ RM 92.370mil
Total = RM 153.236mil

Net cash per share = RM0.275

20th AGM Meeting Minutes:
https://www.n2nconnect.com/pdf/ar2021/N2N-Minutes-of-20th-AGM.pdf
*Company cash reserve practices range from 120-140mil. Balance for the dividend.

(a) The annual dividend base will be 2 sen per year.

(b) Potential for an extra dividend as of Q3 FY2023's cash level
= RM153 - 140 = RM 13mil
= 13 / (NOSH 558.204)
= 2.3sen

If the company management walks their talk, dividend is possible paying up to 4sen a year. If they are not paying more dividends, perhaps they are reserving huge amounts of cash for meaningful M&A going forward.