5 cts dividend declared but net profit drop 21%, price may drop tomorrow?
As Breeze highlighted, you're buying a whole lot of cash, no debt and decent after tax profits.
I'd do the analysis differently based on estimated FY13 figures. Assuming full year comes in at $6 to 6.5mm after tax, Cash and Cash equivalents would be around $26-27million @ Dec 31st.
Thats actually 16cents of cash on the B/S. Current mid price is 22cents, means youre buying the cashflow annuity of $4-6mm (3cents a share) for   6 cents. 
Even after the run up   this year, its still a very cheap valuation. 
 
Breeze ( Date: 01-Feb-2014 23:03) Posted:
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1080 lot buying at .28 ct few mins ago, now disappear
last year results supposed to be out last week, but until now still not out yet, may have a better result than last year? or have more dividend or even to give bonus?   they gave bonus few times before
 
buyer buying for the   past few weeks, and price already above 20 cts now but volume still low, accumulation going on or what? 
 
anyone have this stock? 
closed at 23 ct, bbs very likely would push up on monday
whole afternoon not moving, bbs may not want to push it higher today, one more chance is after 4.30pm
if not wait for next monday
23 cts is blocked by bb, someone is buying, no much seller from 23.5 ct to 28 cts
Maybe follow G  invacom run up...50s
this stock very few people trade, and the no. of share in the market very limited, but easy for bbs to push up
 
how long you think can reach 25 cts, today or next week?
ALREADY told u have news coming
25 soon 
stockmarket ( Date: 07-Feb-2014 09:30) Posted:
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who is buying today? may have some good news coming?
  vol now is quite high
oh its half a cent... sorry
tea444u ( Date: 02-Feb-2014 00:00) Posted:
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dividend was 5 cents? in 2012 ah? 
Breeze ( Date: 01-Feb-2014 23:03) Posted:
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where got news?? I think news come from u !
PapaSmurf ( Date: 01-Feb-2014 23:08) Posted:
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got news
25 soon 
AP oil quite nap. Current price $0.21/-
Base on TA, The chart suggest an uptrend. 
Sg ppl no interest in ap oil. They only know old chang kee etc...
For FA, Yearly profitable.
Yr09- 5mio net profit, dividend 7.5cent
Yr10- 3.1mio , dividend 5cent
Yr11-4.2mio, dividend 5cent
Yr12-4.7mio, dividend 5cent
Yr13- ist half already 3.7mio. 
My own assumption is fy13 will come in at 6mio. 
From the yearly dividend payout, they usually distribute 20-25% of their net profit.
Since it will be a record year, i assume they will pay out 25% ie. 9cent.
At 0.21/ this will translate to a 4.2% dividend. Decent i guess.
Cash rich coy no debt. Cash per share 0.11
Effectively, you are buying their business at 10cent which can generate a income of 4-6 mio. Where to find? Only in AP oil. Haha
*hint. Bonus is the special dividend if any for their record yr.
Gd luck.
this stock long time never move, what happened today?
must wait for monday to see whether it can go up further
bought some at above 30-40 cts long time ago, but received div and few times bonus these few years
 
 
the GAP so big...
better dun touch.. i delete liao
johnng ( Date: 24-Jan-2014 14:17) Posted:
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One lot magic...
johnng ( Date: 24-Jan-2014 14:17) Posted:
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back at $0.25.....!!
bigman88 ( Date: 20-Feb-2013 11:13) Posted:
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