December 12, 2011

GAB: It has been One Great Year!



For the minority shareholders of GAB, every year has been a good year of cheers. 

Not only is GAB bringing in great results, they have been generous with their door gifts at every AGM with beer and stout overflowing at the end of the meeting.

But that is not all; they have been giving good dividends as well. 

Like this year, after having paid a single tier final year dividend ending 30 June 2011 of 44 sen, they surprised everyone by giving a bumper! A special dividend of another 60 sen for every 50 sen share held. Wow!!

And GAB’s price has also been good. Except for the months of September and October when weak holders sold down GAB’s price below RM10.00, the month of December has certainly brought out loud guffaws as GAB’s price sailed beyond RM13.00 on this day,13 December 2011.

If you have bought GAB at RM10.00, you would have netted a profit of RM3.00 gross per share.

Anyone for an Anchor, Guinness or even an Anglia?

Also Perfect Finish

PS: GAB closed at RM12.98 for a 70 sen gain.