New Risk • Jun 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 51% 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 Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (RM124.8m market cap, or US$31.5m). Reported Earnings • May 28
Full year 2026 earnings released: EPS: RM0.16 (vs RM0.16 in FY 2025) Full year 2026 results: EPS: RM0.16 (down from RM0.16 in FY 2025). Revenue: RM926.4m (up 10% from FY 2025). Net income: RM26.5m (down 2.3% from FY 2025). Profit margin: 2.9% (down from 3.2% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 28
Third quarter dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 11th March 2026 Payment date: 27th March 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 26
Third quarter 2026 earnings released: EPS: RM0.037 (vs RM0.083 in 3Q 2025) Third quarter 2026 results: EPS: RM0.037 (down from RM0.083 in 3Q 2025). Revenue: RM240.5m (up 7.3% from 3Q 2025). Net income: RM6.12m (down 56% from 3Q 2025). Profit margin: 2.5% (down from 6.2% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Nov 28
Dominant Enterprise Berhad Announces Single Tier Second Interim Dividend for the Financial Year Ending March 31, 2026, Payable on December 24, 2025 Dominant Enterprise Berhad announced Single Tier Second Interim Dividend of 1.0 sen per share for financial year ending 31 March 2026. Ex-Date is December 9, 2025. Entitlement date is December 10, 2025. Payment Date is December 24, 2025. Declared Dividend • Nov 27
Second quarter dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 9th December 2025 Payment date: 24th December 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 26
Second quarter 2026 earnings released: EPS: RM0.027 (vs RM0.028 in 2Q 2025) Second quarter 2026 results: EPS: RM0.027 (down from RM0.028 in 2Q 2025). Revenue: RM228.7m (up 15% from 2Q 2025). Net income: RM4.47m (down 3.7% from 2Q 2025). Profit margin: 2.0% (down from 2.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • Sep 25
Dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 1st October 2025 Payment date: 23rd October 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Sep 25
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 01 October 2025. Payment date: 23 October 2025. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Malaysian dividend payers (5.5%). In line with average of industry peers (4.8%). Upcoming Dividend • Aug 28
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 24 September 2025. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Malaysian dividend payers (5.5%). In line with average of industry peers (4.8%). Reported Earnings • Aug 27
First quarter 2026 earnings released: EPS: RM0.024 (vs RM0.026 in 1Q 2025) First quarter 2026 results: EPS: RM0.024 (down from RM0.026 in 1Q 2025). Revenue: RM235.5m (up 15% from 1Q 2025). Net income: RM4.01m (down 7.4% from 1Q 2025). Profit margin: 1.7% (down from 2.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Aug 27
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (RM129.7m market cap, or US$30.7m). Reported Earnings • Jul 28
Full year 2025 earnings released: EPS: RM0.16 (vs RM0.10 in FY 2024) Full year 2025 results: EPS: RM0.16 (up from RM0.10 in FY 2024). Revenue: RM840.0m (down 4.3% from FY 2024). Net income: RM27.1m (up 64% from FY 2024). Profit margin: 3.2% (up from 1.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Announcement • Jul 24
Dominant Enterprise Berhad, Annual General Meeting, Aug 25, 2025 Dominant Enterprise Berhad, Annual General Meeting, Aug 25, 2025, at 10:00 Singapore Standard Time. Location: holiday villa hotel, ruby 5, level 8, no. 260, jalan dato` sulaiman, taman abad, 80250 johor bahru, Malaysia Declared Dividend • Jul 04
Fourth quarter dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 4th September 2025 Payment date: 24th September 2025 Dividend yield will be 5.0%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jun 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 52% 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: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (RM134.7m market cap, or US$31.7m). Announcement • May 30
Dominant Enterprise Berhad Proposes Single Tier Final Dividend for the Financial Year Ended 31 March 2025 The Board of Directors of Dominant Enterprise Berhad announced that DOMINAN has proposed a Single Tier Final Dividend of 1.0 sen per share in respect of the financial year ended 31 March 2025. The proposed final dividend will be subject to the shareholders' approval at the forthcoming 33rd Annual General Meeting of DOMINAN. The entitlement and payment dates of the final dividend will be announced at a later date. Reported Earnings • May 29
Full year 2025 earnings released: EPS: RM0.16 (vs RM0.10 in FY 2024) Full year 2025 results: EPS: RM0.16 (up from RM0.10 in FY 2024). Revenue: RM839.0m (down 4.4% from FY 2024). Net income: RM27.1m (up 64% from FY 2024). Profit margin: 3.2% (up from 1.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Declared Dividend • Feb 28
Third quarter dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 12th March 2025 Payment date: 28th March 2025 Dividend yield will be 4.8%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 1.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 27
Third quarter 2025 earnings released: EPS: RM0.084 (vs RM0.029 in 3Q 2024) Third quarter 2025 results: EPS: RM0.084 (up from RM0.029 in 3Q 2024). Revenue: RM224.1m (down 4.6% from 3Q 2024). Net income: RM13.8m (up 193% from 3Q 2024). Profit margin: 6.2% (up from 2.0% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Feb 26
Dominant Enterprise Berhad Declares of Single Tier Third Interim Dividend in Respect of Financial Year Ending 31 March 2025, Payable on 28 March 2025 Dominant Enterprise Berhad announced that a Single Tier Third Interim Dividend of 1.0 sen per share in respect of financial ending 31 March 2025 has been declared payable on 28 March 2025 to shareholders whose names appear in the Record of Depositors on 13 March 2025. Declared Dividend • Nov 28
Second quarter dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 10th December 2024 Payment date: 20th December 2024 Dividend yield will be 4.9%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 1.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Nov 27
Second quarter 2025 earnings released: EPS: RM0.028 (vs RM0.014 in 2Q 2024) Second quarter 2025 results: EPS: RM0.028 (up from RM0.014 in 2Q 2024). Revenue: RM199.6m (down 9.2% from 2Q 2024). Net income: RM4.64m (up 103% from 2Q 2024). Profit margin: 2.3% (up from 1.0% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Nov 26
Dominant Enterprise Berhad Announces Single Tier Second Interim Dividend for the Financial Year Ending 31 March 2025 , Payable December 20, 2024 Dominant Enterprise Berhad announced that a Single Tier Second Interim Dividend of 1.0 sen per share in respect of financial ending 31 March 2025 has been declared payable on 20 December 2024 to shareholders whose names appear in the Record of Depositors on 11 December 2024. Upcoming Dividend • Sep 25
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 02 October 2024. Payment date: 24 October 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Malaysian dividend payers (4.7%). Lower than average of industry peers (5.8%). Declared Dividend • Sep 06
Dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 2nd October 2024 Payment date: 24th October 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 1.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 58% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.4% EPS decline seen over the last 5 years. Upcoming Dividend • Aug 29
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 05 September 2024. Payment date: 25 September 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Malaysian dividend payers (4.6%). In line with average of industry peers (5.0%). Reported Earnings • Aug 27
First quarter 2025 earnings released: EPS: RM0.026 (vs RM0.021 in 1Q 2024) First quarter 2025 results: EPS: RM0.026 (up from RM0.021 in 1Q 2024). Revenue: RM205.6m (flat on 1Q 2024). Net income: RM4.33m (up 23% from 1Q 2024). Profit margin: 2.1% (up from 1.7% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 31
Full year 2024 earnings released: EPS: RM0.10 (vs RM0.065 in FY 2023) Full year 2024 results: EPS: RM0.10 (up from RM0.065 in FY 2023). Revenue: RM877.6m (up 11% from FY 2023). Net income: RM16.5m (up 52% from FY 2023). Profit margin: 1.9% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jul 25
Dominant Enterprise Berhad, Annual General Meeting, Aug 26, 2024 Dominant Enterprise Berhad, Annual General Meeting, Aug 26, 2024, at 10:00 Singapore Standard Time. Location: holiday villa hotel, ruby 5, level 8, no. 260, jalan dato` sulaiman, taman abad, 80250 johor bahru, Malaysia Declared Dividend • Jul 05
Fourth quarter dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 5th September 2024 Payment date: 25th September 2024 Dividend yield will be 4.6%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 55% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.8% EPS decline seen over the last 5 years. Announcement • Jul 04
Dominant Enterprise Berhad Announces Single Tier Final Dividend for Financial Year Ended 31 March 2024, Payable on September 25, 2024 Dominant Enterprise Berhad announced that Single Tier Final Dividend of 1.0 sen per share for financial year ended 31 March 2024. Ex-Date 05 September 2024, Entitlement date 06 September 2024, Payment Date 25 September 2024. Reported Earnings • May 30
Full year 2024 earnings released: EPS: RM0.10 (vs RM0.065 in FY 2023) Full year 2024 results: EPS: RM0.10 (up from RM0.065 in FY 2023). Revenue: RM876.7m (up 11% from FY 2023). Net income: RM16.5m (up 52% from FY 2023). Profit margin: 1.9% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. New Risk • Mar 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x 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 (2.9x net interest cover). Earnings have declined by 4.9% 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 (RM124.8m market cap, or US$26.4m). Upcoming Dividend • Mar 05
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 12 March 2024. Payment date: 27 March 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Malaysian dividend payers (4.9%). In line with average of industry peers (4.0%). Declared Dividend • Feb 29
Third quarter dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 12th March 2024 Payment date: 27th March 2024 Dividend yield will be 5.3%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 88% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years. Announcement • Feb 28
Dominant Enterprise Berhad Announces Single Tier Third Interim Dividend in Respect of Financial Ending 31 March 2024, Payable on 27 March 2024 The Board of Directors of Dominant Enterprise Berhad announced that a Single Tier Third Interim Dividend of 1.0 sen per share in respect of financial ending 31 March 2024 has been declared payable on 27 March 2024 to shareholders whose names appear in the Record of Depositors on 13 March 2024. Reported Earnings • Feb 28
Third quarter 2024 earnings released: EPS: RM0.029 (vs RM0.011 in 3Q 2023) Third quarter 2024 results: EPS: RM0.029 (up from RM0.011 in 3Q 2023). Revenue: RM234.9m (up 15% from 3Q 2023). Net income: RM4.71m (up 158% from 3Q 2023). Profit margin: 2.0% (up from 0.9% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 30
Upcoming dividend of RM0.01 per share at 3.9% yield Eligible shareholders must have bought the stock before 07 December 2023. Payment date: 21 December 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Malaysian dividend payers (5.1%). Lower than average of industry peers (4.6%). Announcement • Nov 24
Dominant Enterprise Berhad Announces Single Tier Second Interim Dividend for Financial Year Ending 31 March 2024, Payable on December 21, 2023 Dominant Enterprise Berhad announced Single Tier Second Interim Dividend of 1.0 sen per share for financial year ending 31 March 2024, payable on December 21, 2023. Ex-Date is December 7, 2023. Entitlement date is December 8, 2023. Reported Earnings • Nov 24
Second quarter 2024 earnings released: EPS: RM0.014 (vs RM0.003 in 2Q 2023) Second quarter 2024 results: EPS: RM0.014 (up from RM0.003 in 2Q 2023). Revenue: RM219.9m (up 17% from 2Q 2023). Net income: RM2.29m (up 300% from 2Q 2023). Profit margin: 1.0% (up from 0.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year and the company’s share price has also fallen by 1% per year. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Executive Director Shi Cha was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 22
Upcoming dividend of RM0.01 per share at 3.9% yield Eligible shareholders must have bought the stock before 29 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Malaysian dividend payers (5.1%). Lower than average of industry peers (4.7%). Upcoming Dividend • Aug 31
Upcoming dividend of RM0.01 per share at 4.0% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Malaysian dividend payers (5.1%). Lower than average of industry peers (5.0%). Announcement • Aug 29
Dominant Enterprise Berhad Announces Single Tier First Interim Dividend for Financial Year Ending 31 March 2024, Payable on October 26, 2023 Dominant Enterprise Berhad announced single Tier First Interim Dividend of 1.0 sen per share for financial year ending 31 March 2024. Ex-date is September 29, 2023. Entitlement date is October 2, 2023 and Payment Date is October 26, 2023. Reported Earnings • Jul 30
Full year 2023 earnings released: EPS: RM0.065 (vs RM0.20 in FY 2022) Full year 2023 results: EPS: RM0.065 (down from RM0.20 in FY 2022). Revenue: RM792.1m (up 19% from FY 2022). Net income: RM10.8m (down 68% from FY 2022). Profit margin: 1.4% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
Dominant Enterprise Berhad, Annual General Meeting, Aug 28, 2023 Dominant Enterprise Berhad, Annual General Meeting, Aug 28, 2023, at 10:00 Singapore Standard Time. Location: Holiday Villa Hotel, Ruby 5, Level 8, Holiday Villa Hotel, Ruby 5, Level 8 Taman Abad, 80250 Johor Bahru Malaysia Malaysia Agenda: To receive the audited financial statements for the financial year ended 31 march 2023 and the reports of the directors and auditors thereon; to approve the payment of a single tier final dividend of 1.0 sen per share in respect of the financial year ended 31 march 2023; to approve the directors' fee; to approve the payment of directors benefits payable up to an amount of rm30,000 from the close of 31st annual general meeting until conclusion of the 32nd annual general meeting in year 2024; to re-appoint messrs. bdo plt as auditors of the company for the financial year ending 31 march 2024 and to authorise the board of directors to fix their remuneration; to waiver of pre-emptive rights under section 85 of the companies act 2016; to issue and allot shares of the company pursuant to sections 75 and 76 of the companies act 2016. Announcement • Jul 06
Dominant Enterprise Berhad Announces Single Tier Final Dividend for Financial Year Ended 31 March 2023, Payment Date 27 Sep 2023 Dominant Enterprise Berhad announced Single Tier Final Dividend of 1.0 sen per share for financial year ended 31 March 2023, Ex-Date 07 Sep 2023, Entitlement date 08 Sep 2023 and Payment Date 27 Sep 2023. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: RM0.066 (vs RM0.20 in FY 2022) Full year 2023 results: EPS: RM0.066 (down from RM0.20 in FY 2022). Revenue: RM791.6m (up 19% from FY 2022). Net income: RM10.8m (down 68% from FY 2022). Profit margin: 1.4% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
Third quarter 2023 earnings released: EPS: RM0.011 (vs RM0.084 in 3Q 2022) Third quarter 2023 results: EPS: RM0.011 (down from RM0.084 in 3Q 2022). Revenue: RM204.3m (down 1.6% from 3Q 2022). Net income: RM1.83m (down 87% from 3Q 2022). Profit margin: 0.9% (down from 6.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Nov 25
Dominant Enterprise Berhad Declares Single Tier Second Interim Dividend in Respect of Financial Year Ending 31 March 2023, Payable on 22 December 2022 The Board of Directors of Dominant Enterprise Berhad announced that a Single Tier Second Interim Dividend of 0.5 sen per share in respect of financial ending 31 March 2023 has been declared payable on 22 December 2022 to shareholders whose names appear in the Record of Depositors on 9 December 2022. Reported Earnings • Nov 25
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: RM187.5m (up 53% from 2Q 2022). Net income: RM572.0k (down 72% from 2Q 2022). Profit margin: 0.3% (down from 1.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 23
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 30 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Malaysian dividend payers (5.1%). Lower than average of industry peers (5.7%). Upcoming Dividend • Sep 01
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 22 September 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Malaysian dividend payers (4.9%). In line with average of industry peers (4.8%). Announcement • Aug 30
Dominant Enterprise Berhad Declares Single Tier First Interim Dividend for the Year Ending 31 March 2023, Payable on 27 October 2022 The Board of Directors of Dominant Enterprise Berhad announce that a Single Tier First Interim Dividend of 1.0 sen per share in respect of financial ending 31 March 2023 has been declared payable on 27 October 2022 to shareholders whose names appear in the Record of Depositors on 3 October 2022. Ex-Date is September 30, 2022. Reported Earnings • Aug 02
Full year 2022 earnings released: EPS: RM0.20 (vs RM0.091 in FY 2021) Full year 2022 results: EPS: RM0.20 (up from RM0.091 in FY 2021). Revenue: RM666.2m (up 11% from FY 2021). Net income: RM33.4m (up 123% from FY 2021). Profit margin: 5.0% (up from 2.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Dominant Enterprise Berhad, Annual General Meeting, Aug 29, 2022 Dominant Enterprise Berhad, Annual General Meeting, Aug 29, 2022, at 10:00 Singapore Standard Time. Location: Holiday Villa Hotel, Ruby 5, Level 8, No. 260, Jalan Dato' Sulaiman, Taman Abad, 80250 Johor Bahru Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31March 2022 and the Reports of the Directors and Auditors thereon;to approve the payment of a Single Tier Final Dividend of 1.0 sen per share in respect of the financial year ended 31 March 2022;to approve the payment of a Single Tier Special Final Dividend of 1.0 sen per share in respect of the financial year ended 31 March2022;to approve the Directors 'fee of RM100,000 payable to Waldersee Chan Chung Ching,the Non-Executive Chairman for the financial year ended 31 March 2022;to approve the payment of Directors' Benefits payable up to an amount of RM30,000 from the close of 30th Annual General Meeting until conclusion of the 31st Annual General Meeting in year2023;to re-elect the Directors;to re-appoint Messrs. BDOPLT as Auditors of the Company for the financial year ending 31 March2023 and to authorize the Board of Directors to fix their remuneration;and to consider other matters. Reported Earnings • Jun 01
Full year 2022 earnings released: EPS: RM0.20 (vs RM0.091 in FY 2021) Full year 2022 results: EPS: RM0.20 (up from RM0.091 in FY 2021). Revenue: RM665.0m (up 10% from FY 2021). Net income: RM33.4m (up 123% from FY 2021). Profit margin: 5.0% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jun 01
Dominant Enterprise Berhad Proposes Single Tier Final Dividend for the Financial Year Ended 31 March 2022 The Board of Directors of Dominant Enterprise Berhad announced that DOMINAN has proposed a Single Tier Final Dividend of 1.0 sen per share in respect of the financial year ended 31 March 2022. The proposed final dividend will be subject to the shareholders' approval at the forthcoming 30th Annual General Meeting of DOMINAN. Upcoming Dividend • Mar 02
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 09 March 2022. Payment date: 25 March 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Malaysian dividend payers (4.5%). Lower than average of industry peers (5.2%). Reported Earnings • Feb 27
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: RM0.084 (up from RM0.054 in 3Q 2021). Revenue: RM207.7m (up 13% from 3Q 2021). Net income: RM13.8m (up 54% from 3Q 2021). Profit margin: 6.6% (up from 4.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 18% share price gain to RM1.20, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 20x in the Forestry industry in Malaysia. Total returns to shareholders of 2.1% over the past three years. Upcoming Dividend • Dec 02
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 09 December 2021. Payment date: 24 December 2021. Trailing yield: 3.3%. Lower than top quartile of Malaysian dividend payers (4.6%). Lower than average of industry peers (7.1%). Reported Earnings • Nov 26
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: RM0.012 (down from RM0.026 in 2Q 2021). Revenue: RM122.3m (down 30% from 2Q 2021). Net income: RM2.05m (down 52% from 2Q 2021). Profit margin: 1.7% (down from 2.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 23
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 30 September 2021. Payment date: 22 October 2021. Trailing yield: 4.6%. Within top quartile of Malaysian dividend payers (4.2%). In line with average of industry peers (4.5%). Board Change • Sep 13
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent & Non-Executive Director Yin Tan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 12
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent & Non-Executive Director Yin Tan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 09
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent & Non-Executive Director Yin Tan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Sep 07
Executive Director Soon Chai has left the company On the 1st of September, Soon Chai's tenure as Executive Director ended. As of June 2021, Soon still personally held 1.03m shares (RM849k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years. Upcoming Dividend • Sep 02
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 23 September 2021. Trailing yield: 4.7%. Within top quartile of Malaysian dividend payers (4.1%). In line with average of industry peers (4.5%). Reported Earnings • Jul 27
Full year 2021 earnings released: EPS RM0.091 (vs RM0.079 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: RM602.6m (down 11% from FY 2020). Net income: RM15.0m (up 14% from FY 2020). Profit margin: 2.5% (up from 1.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • May 29
Full year 2021 earnings released: EPS RM0.091 (vs RM0.079 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: RM601.0m (down 11% from FY 2020). Net income: RM15.0m (up 14% from FY 2020). Profit margin: 2.5% (up from 1.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. 