Looks like a steal, I'm especially attracted to the high dividend yields and relatively low p/b. I like cash flow position to, the overreaction in price due to bonus seems like a great opportunity to make some money from arbitrage type strategies.
Will be interesting to see what happens once it goes ex-div and ex-bonus.
Pre-bonus
Issued Shares 58,500,000
Profit 95,254,000
EPS 1.63
Equity 434,320,000
BVPS 7.42
Price 15.00
p/b 2.02
DPS 2.00
Div yield 13.33%
Post Bonus
Issued Shares 146,250,000
EPS 0.65
BVPS 2.97
Price (p/b method) 6.00
Price (Div method) 6.00
p/b 2.02
DPS 0.80
Div Yield 13.33%
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation - Robert Rhea