New Risk • Jul 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$230.1m market cap, or US$29.4m). New Risk • Jul 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$218.0m market cap, or US$27.8m). New Risk • Jul 01
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$218.0m market cap, or US$27.8m). Reported Earnings • Jul 01
Full year 2026 earnings released: HK$0.08 loss per share (vs HK$0.056 profit in FY 2025) Full year 2026 results: HK$0.08 loss per share (down from HK$0.056 profit in FY 2025). Revenue: HK$1.43b (up 7.4% from FY 2025). Net loss: HK$34.2m (down 251% from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Jun 30
Telecom Digital Holdings Limited, Annual General Meeting, Aug 27, 2026 Telecom Digital Holdings Limited, Annual General Meeting, Aug 27, 2026. New Risk • Jun 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks High level of debt (113% net debt to equity). Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (HK$218.0m market cap, or US$27.8m). Reported Earnings • Nov 30
First half 2026 earnings released: EPS: HK$0.01 (vs HK$0.056 in 1H 2025) First half 2026 results: EPS: HK$0.01 (down from HK$0.056 in 1H 2025). Revenue: HK$498.2m (down 7.5% from 1H 2025). Net income: HK$3.98m (down 83% from 1H 2025). Profit margin: 0.8% (down from 4.2% in 1H 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Announcement • Nov 29
Telecom Digital Holdings Limited Resolves Not to Declare Any Interim Dividend for the Six Months Ended September 30, 2025 Telecom Digital Holdings Limited announced that at a meeting held on 28 November 2025, the Board resolved not to declare any interim dividend in respect of the period ended 30 September 2025 (2024: second quarter interim dividend of HKD 0.03 per share). Announcement • Nov 08
Telecom Digital Holdings Limited to Report First Half, 2026 Results on Nov 28, 2025 Telecom Digital Holdings Limited announced that they will report first half, 2026 results on Nov 28, 2025 Upcoming Dividend • Sep 25
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 02 October 2025. Payment date: 17 October 2025. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 7.0%. Within top quartile of Hong Kong dividend payers (6.7%). Higher than average of industry peers (2.0%). Announcement • Jun 30
Telecom Digital Holdings Limited Resolves to Declare A Fourth Quarter Interim Dividend for the Year Ended 31 March 2025, Payable on 17 October 2025 Telecom Digital Holdings Limited announced at a meeting held on 27 June 2025, the Board resolved to declare a fourth quarter interim dividend of HKD 0.02 per Share (2024: HKD 0.04 per Share) in cash, amounting to approximately HKD 8.08 million for the year ended 31 March 2025, which is expected to be payable on 17 October 2025 to Shareholders whose names appear on the Register of members of the Company on 8 October 2025. Reported Earnings • Jun 28
Full year 2025 earnings released: EPS: HK$0.06 (vs HK$0.14 in FY 2024) Full year 2025 results: EPS: HK$0.06 (down from HK$0.14 in FY 2024). Revenue: HK$1.33b (down 3.0% from FY 2024). Net income: HK$22.6m (down 60% from FY 2024). Profit margin: 1.7% (down from 4.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Announcement • Jun 27
Telecom Digital Holdings Limited, Annual General Meeting, Sep 25, 2025 Telecom Digital Holdings Limited, Annual General Meeting, Sep 25, 2025. Announcement • Jun 20
Telecom Digital Holdings Limited Announces Board and Committee Changes, Effective 18 June 2025 The board of Telecom Digital Holdings Limited has appointed Ms. MOK Ngan Chu, an executive Director, as additional member of the nomination committee of the Company with effect from 18 June 2025. Ms. Mok will continue to hold her existing role on the Board without any change. Following the above change, the NC comprises one executive Director (namely, Ms. MOK Ngan Chu) and three independent nonexecutive Directors (namely Messes. LAM Yu Lung, LAU Hing Wah and LO Kam Wing), and has one Director of a different gender. Mr. LO Kam Wing is the chairman of the NC. The board has designated Mr. LAM Yu Lung, an independent non-executive Director, to assume the position of the lead independent non-executive Director with effect from 18 June 2025. The Lead INED is not an executive position in the Company and does not have any management role in the Group. The above appointment and designation are implemented in response to the amended Corporate Governance Code as contained in Appendix C1 to the Listing Rules, which will come into effect on 1 July 2025. The Board considers that sound corporate governance plays a vital role in the overall performance of the Company and believes that implementing these changes could strengthen the Board's effectiveness and diversity, and further enhance good corporate governance practices across the Company. Announcement • Jun 11
Telecom Digital Holdings Limited to Report Fiscal Year 2025 Results on Jun 27, 2025 Telecom Digital Holdings Limited announced that they will report fiscal year 2025 results on Jun 27, 2025 Upcoming Dividend • Dec 05
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 12 December 2024. Payment date: 13 January 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.7%. Lower than top quartile of Hong Kong dividend payers (8.1%). Higher than average of industry peers (4.6%). Reported Earnings • Nov 30
First half 2025 earnings released: EPS: HK$0.056 (vs HK$0.14 in 1H 2024) First half 2025 results: EPS: HK$0.056 (down from HK$0.14 in 1H 2024). Revenue: HK$538.7m (down 16% from 1H 2024). Net income: HK$22.8m (down 61% from 1H 2024). Profit margin: 4.2% (down from 9.1% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year whereas the company’s share price has fallen by 38% per year. New Risk • Nov 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (95% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (HK$282.6m market cap, or US$36.3m). Announcement • Nov 29
Telecom Digital Holdings Limited Declares Second Quarter Interim Dividend for the Period Ended 30 September 2024, Payable on 13 January 2025 The Board Telecom Digital Holdings Limited has resolved to declare the second quarter interim dividend of HKD 0.03 per share in respect of the period ended 30 September 2024. Ex-dividend date is 12 December 2024; Record date is 18 December 2024; Payment date is 13 January 2025. Announcement • Nov 14
Telecom Digital Holdings Limited to Report First Half, 2025 Results on Nov 28, 2024 Telecom Digital Holdings Limited announced that they will report first half, 2025 results on Nov 28, 2024 Upcoming Dividend • Jul 04
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 11 July 2024. Payment date: 26 July 2024. Trailing yield: 21%. Within top quartile of Hong Kong dividend payers (8.0%). Higher than average of industry peers (6.0%). Announcement • Jun 27
Telecom Digital Holdings Limited, Annual General Meeting, Sep 20, 2024 Telecom Digital Holdings Limited, Annual General Meeting, Sep 20, 2024. Reported Earnings • Jun 27
Full year 2024 earnings released: EPS: HK$0.14 (vs HK$0.19 in FY 2023) Full year 2024 results: EPS: HK$0.14 (down from HK$0.19 in FY 2023). Revenue: HK$1.37b (down 11% from FY 2023). Net income: HK$56.4m (down 25% from FY 2023). Profit margin: 4.1% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Announcement • Jun 26
Telecom Digital Holdings Limited Announces Fourth Quarter Dividend for the Year Ending 31 March 2024, Payable on 26 July 2024 Telecom Digital Holdings Limited announced fourth Quarter Dividend for the year ending 31 March 2024. Dividend declared: HKD 0.04 per share. Ex-dividend date: 111 July 2024. Record date: 16 July 2024. Payment date: 26 July 2024. Announcement • Jun 15
Telecom Digital Holdings Limited to Report Fiscal Year 2024 Results on Jun 26, 2024 Telecom Digital Holdings Limited announced that they will report fiscal year 2024 results on Jun 26, 2024 Reported Earnings • Nov 30
First half 2024 earnings released: EPS: HK$0.14 (vs HK$0.12 in 1H 2023) First half 2024 results: EPS: HK$0.14 (up from HK$0.12 in 1H 2023). Revenue: HK$641.8m (down 5.7% from 1H 2023). Net income: HK$58.1m (up 25% from 1H 2023). Profit margin: 9.1% (up from 6.8% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Sep 12
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 19 September 2023. Payment date: 05 October 2023. The company last paid an ordinary dividend in November 2014. The average dividend yield among industry peers is 4.5%. Announcement • Aug 18
Telecom Digital Holdings Limited Announces First Quarter Dividend for the Year Ending 31 March 2023, Payable on 05 October 2023 Telecom Digital Holdings Limited announced First Quarter Dividend for the year ending 31 March 2023. Dividend declared: HKD 0.03 per share. Ex-dividend date: 19 September 2023. Record date: 22 September 2023. Payment date: 05 October 2023. Announcement • Aug 08
Telecom Digital Holdings Limited to Report Q1, 2024 Results on Aug 17, 2023 Telecom Digital Holdings Limited announced that they will report Q1, 2024 results on Aug 17, 2023 Announcement • Jun 28
Telecom Digital Holdings Limited, Annual General Meeting, Aug 17, 2023 Telecom Digital Holdings Limited, Annual General Meeting, Aug 17, 2023. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: HK$0.19 (vs HK$0.28 in FY 2022) Full year 2023 results: EPS: HK$0.19 (down from HK$0.28 in FY 2022). Revenue: HK$1.54b (up 2.0% from FY 2022). Net income: HK$75.6m (down 33% from FY 2022). Profit margin: 4.9% (down from 7.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Announcement • Jun 15
Telecom Digital Holdings Limited Provides Group Earnings Guidance for the Year Ending 31 March 2023 Telecom Digital Holdings Limited provided group earnings guidance for the year ending 31 March 2023. For the year, the group is expected to record a decrease in profit attributable to the owners of the Company to not less than HKD 74 million for the Year (2022: approximately HKD 113 million). Announcement • Jun 14
Telecom Digital Holdings Limited to Report Fiscal Year 2023 Results on Jun 27, 2023 Telecom Digital Holdings Limited announced that they will report fiscal year 2023 results on Jun 27, 2023 Buying Opportunity • Feb 27
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 7.9%. The fair value is estimated to be HK$2.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 3.8%. Buying Opportunity • Jan 31
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.2%. The fair value is estimated to be HK$2.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 3.8%. Buying Opportunity • Jan 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.0%. The fair value is estimated to be HK$2.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 3.8%. Reported Earnings • Dec 30
First half 2023 earnings released: EPS: HK$0.12 (vs HK$0.14 in 1H 2022) First half 2023 results: EPS: HK$0.12 (down from HK$0.14 in 1H 2022). Revenue: HK$680.6m (flat on 1H 2022). Net income: HK$46.5m (down 19% from 1H 2022). Profit margin: 6.8% (down from 8.5% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 30
First half 2023 earnings released First half 2023 results: Revenue: HK$680.6m (flat on 1H 2022). Net income: HK$46.5m (down 19% from 1H 2022). Profit margin: 6.8% (down from 8.5% in 1H 2022). Announcement • Nov 17
Telecom Digital Holdings Limited to Report First Half, 2023 Results on Nov 29, 2022 Telecom Digital Holdings Limited announced that they will report first half, 2023 results on Nov 29, 2022 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Kam Wing Lo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Oct 18
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 25 October 2022. Payment date: 11 November 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 10.0%. Within top quartile of Hong Kong dividend payers (9.1%). Higher than average of industry peers (4.4%). Upcoming Dividend • Aug 04
Upcoming dividend of HK$0.06 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 05 September 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 9.8%. Within top quartile of Hong Kong dividend payers (8.4%). Higher than average of industry peers (3.8%). Reported Earnings • Jun 26
Full year 2022 earnings released: EPS: HK$0.28 (vs HK$0.34 in FY 2021) Full year 2022 results: EPS: HK$0.28 (down from HK$0.34 in FY 2021). Revenue: HK$1.51b (up 45% from FY 2021). Net income: HK$113.1m (down 16% from FY 2021). Profit margin: 7.5% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Announcement • Jun 14
Telecom Digital Holdings Limited to Report Fiscal Year 2022 Results on Jun 24, 2022 Telecom Digital Holdings Limited announced that they will report fiscal year 2022 results on Jun 24, 2022 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Kam Wing Lo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 05
Telecom Digital Holdings Limited Resolves Not to Declare the Interim Dividend for the Year Ending March 31, 2022 in the Meeting of the Board Held on March 3, 2022 Telecom Digital Holdings Limited resolved not to declare the interim dividend for the year ending March 31, 2022 in the meeting of the Board held on March 3, 2022. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 19% share price decline to HK$2.86, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 10x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 30% over the past three years. Upcoming Dividend • Dec 07
Upcoming dividend of HK$0.07 per share Eligible shareholders must have bought the stock before 14 December 2021. Payment date: 24 December 2021. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 7.7%. Within top quartile of Hong Kong dividend payers (7.2%). Higher than average of industry peers (2.2%). Reported Earnings • Nov 29
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.14 (down from HK$0.19 in 1H 2021). Revenue: HK$677.7m (up 31% from 1H 2021). Net income: HK$57.3m (down 24% from 1H 2021). Profit margin: 8.5% (down from 14% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Oct 04
Upcoming dividend of HK$0.06 per share Eligible shareholders must have bought the stock before 11 October 2021. Payment date: 22 October 2021. Trailing yield: 8.0%. Within top quartile of Hong Kong dividend payers (6.8%). Higher than average of industry peers (2.1%). Upcoming Dividend • Jul 01
Upcoming dividend of HK$0.08 per share Eligible shareholders must have bought the stock before 08 July 2021. Payment date: 19 July 2021. Trailing yield: 8.4%. Within top quartile of Hong Kong dividend payers (6.1%). Higher than average of industry peers (1.8%). Reported Earnings • Jun 26
Full year 2021 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$1.04b (down 4.4% from FY 2020). Net income: HK$135.2m (up 69% from FY 2020). Profit margin: 13% (up from 7.4% in FY 2020). Upcoming Dividend • Mar 02
Upcoming Dividend of HK$0.06 Per Share Will be paid on the 19th of March to those who are registered shareholders by the 9th of March. The trailing yield of 9.1% is in the top quartile of Hong Kong dividend payers (6.2%), and it is higher than industry peers (1.7%). Is New 90 Day High Low • Feb 22
New 90-day high: HK$2.36 The company is up 2.0% from its price of HK$2.31 on 24 November 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 25
New 90-day low: HK$2.14 The company is down 2.0% from its price of HK$2.18 on 27 October 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Specialty Retail industry, which is also down 2.0% over the same period. Recent Insider Transactions • Jan 06
Executive Chairman recently bought HK$327k worth of stock On the 30th of December, King Shek Cheung bought around 150k shares on-market at roughly HK$2.18 per share. This was the largest purchase by an insider in the last 3 months. King Shek has been a buyer over the last 12 months, purchasing a net total of HK$701k worth in shares. Is New 90 Day High Low • Jan 05
New 90-day low: HK$2.17 The company is down 4.0% from its price of HK$2.25 on 07 October 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 6.0% over the same period. Announcement • Dec 31
Telecom Digital Holdings Limited Announces Board and Committee Changes The board of directors of Telecom Digital Holdings Limited announced that Mr. LO Kam Wing ("Mr. Lo") has been appointed as independent non-executive director and members of the audit committee and remuneration committee of the Company on 30 December 2020 with effect from 1 January 2021. Mr. Lo, aged 74, is currently the consultant of Wing Shing Land Investment Limited. Mr. Lo has more than 50 years of investment and real estate development related experience in the real estate industry, and has been involved in the financial business for over 40 years with outstanding achievements. Mr. Lo completed his secondary school education in the People's Republic of China. The Board also announced that Mr. LAM Yu Lung ("Mr. Lam") resigned as the chairman of the nomination committee of the Company with effect from 1 January 2021. Mr. Lam will continue to serve as member of the nomination committee of the Company. Reported Earnings • Dec 19
First half 2021 earnings released: EPS HK$0.19 The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$517.9m (down 13% from 1H 2020). Net income: HK$75.1m (up 56% from 1H 2020). Profit margin: 14% (up from 8.1% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Upcoming Dividend • Dec 01
Upcoming Dividend of HK$0.06 Per Share Will be paid on the 21st of December to those who are registered shareholders by the 8th of December. The trailing yield of 9.6% is in the top quartile of Hong Kong dividend payers (6.6%), and it is higher than industry peers (1.6%). Reported Earnings • Nov 22
First half 2021 earnings released: EPS HK$0.19 The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$517.9m (down 13% from 1H 2020). Net income: HK$75.1m (up 56% from 1H 2020). Profit margin: 14% (up from 8.1% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year. Announcement • Nov 07
Telecom Digital Holdings Limited to Report First Half, 2021 Results on Nov 20, 2020 Telecom Digital Holdings Limited announced that they will report first half, 2021 results on Nov 20, 2020 Announcement • Oct 16
Telecom Digital Holdings Limited Announces Management Changes The board of directors (the "Board") of Telecom Digital Holdings Limited (the "Company") announced that Mr. CHAN Yuk Ming ("Mr. Chan") will resign as an independent non-executive director, the chairman of nomination committee, members of audit committee and the remuneration committee of the Company, with effect from 19 October 2020 as he would like to devote more time to his personal commitments. The Board further announces that Mr. LAM Yu Lung, the independent non-executive director of the Company, will be appointed as the chairman of the nomination committee of the Company with effect from 19 October 2020. Is New 90 Day High Low • Oct 12
New 90-day high: HK$2.31 The company is up 3.0% from its price of HK$2.24 on 14 July 2020. The Hong Kong market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 13% over the same period. Upcoming Dividend • Oct 08
Upcoming Dividend of HK$0.06 Per Share Will be paid on the 27th of October to those who are registered shareholders by the 15th of October. The trailing yield of 9.6% is in the top quartile of Hong Kong dividend payers (6.9%), and it is higher than industry peers (1.8%). 
