14.64 /1.07 = 13 % return in 2 months
|Masterskill up on interim dividend|
|Business & Markets 2012|
|Written by Surin Murugiah of theedgemalaysia.com|
|Tuesday, 29 May 2012 10:31|
At 10.17am, MEGB was up seven sen to RM1.08 with 773,100 shares done.
MEGB posted a net loss of RM2.92 million for the first quarter ended March 31, 2012 from net profit RM22.59 million a year earlier, due mainly to lower student enrolment as a result of high level of competition in the market.
The company said on Monday that its revenue for the quarter fell to RM44.11 million from RM73.68 million in 2011.
Loss per share was 0.71 sen compared to earnings per share of 6 sen, while net assets per share was RM1.25.