8 responses to “(ACH) Alumium Corp of China: dividend yield 5%, Revenue growth 79%, Earning growth 44%. How can I resist?”

1. 

   deminvest

   March 20, 2007

   I bough 40 (ACH) Alumium Corp of China shares.
   I paid $25,21per share.
   I paid a total of $1008.4.

   Let the force be with ACH!

   Reply
2. 

   mckinnonjake

   March 21, 2007

   what is the real dividend yield and when are dividend pay dates for ACH?

   Reply
3. 

   deminvest

   March 21, 2007

   I am confused myself mckinnonjake.

   On Yahoo Finance they say:

   Forward Annual Dividend Rate: 3.04
   Forward Annual Dividend Yield: 12.30%
   Trailing Annual Dividend Rate: 1.25
   Trailing Annual Dividend Yield: 4.10%

   I have done some research. I didn’t find any evidence about this future Dividend hike.

   I ended up believing that maybe Yahoo Finance made a mistake.

   The mistake for Forward Dividend Yield is probably connected with the fact that some foreign companies pay dividends only twice a year while US companies usually pay them quarterly. Actually ACH seems to pay them out yearly.

   Those should be the dates of recent dividend payouts, according to someone anonymous who posted on yahoo finance boards:

   SEEMS LIKE THEY PAY THEIR DIVIDENDS ONCE A YEAR OR MAYBE NOW EVERY 6 MONTHS

   DIVIDEND DATES
   SEPT 08 2006 0.5893 –
   APRIL 05 2006 0.6658
   APRIL 29 2004 0.29
   MAY 07 2003 0.136
   MAY 07 2002 0.0512

   According to this, it seems that they paid: $0.59 + $0.66 = $1.25 in 2006.

   Since 1.25 is 5% of 25, I titled this post with 5% Yield. I have no Idea of how Yahoo came out with $3 dividend. I think they must be wrong.

   What is also a bit strange is that September’s dividend is lower than April’s. I hope it does not mean they are lowering…

   Reply
4. 

   Sanity For Sale

   March 21, 2007

   well the reason you probably shouldnt is because the workers are probably being only paid 20 cents a day and also probably becuase they have got a gun/cow prod pointing at them…. the chinese economy is based on exploitation…check it out

   http://sanityforsale.wordpress.com/2007/02/05/santas-workshop-inside-chinas-slave-labor-toy-factories/

   Reply
5. 

   deminvest

   March 21, 2007

   You are right. But what can we do about that?

   1) We can stop buying China made products. But that would trigger depression which, in a still poor country, would bring starvation to hundreds of thousands.

   2) We can do our best to help freedom fighters in China

   3) We, the people, can take control of those Chinese corporations to make them better. In a very imperfect way, most US large corporations are owned by the people, unfortunately indirectly, trough our pension funds, trough our funds and our ETFs, but still this people ownership makes them better than they were 200 years ago when they did belong to few capitalists.

   I think 2) and 3) are the best solutions.

   What do you think?

   Reply
6. 

   Leonard Shulkin

   May 18, 2007

   China is the new internet bubble. 90% of the population shares their home with chickens. Yea, if fifty years it might, might be a viable place to invest — but it’s a greed magnet now.

   Reply
7. 

   deminvest

   May 20, 2007

   I totally disagree. China is already one of the largest economies in the world. Its companies have great earnings and excellent growth.

   The fact that Chinese companies still have the opportunity to employ large masses of low wage excellent workers is just one more opportunity for them to contiue fast growth and amazing earnings.

   Maybe it is not very ethical to invest in China today, but I think it is a very good deal.

   Reply
8. 

   RHW

   August 14, 2008

   With the plunge in China stocks over the past year, some really attractive deals are surfacing:

   http://seekingalpha.com/article/90737-six-reasons-to-buy-china-soon

   For instance: ACH hit 90, is now around 20, P/E around 7.

   Happy Hunting!

   Reply