$CHINA COMM CONS(01800)$ This is part of a very fishy group of stocks. If the profits are real and the pe is indeed less than 3, why is it that the dividend payout ratio is so low? And since the dividend payout ratio is low, won't the company have accumulated cash many times over the current share price? And if the profits were reinvested to grow the business, won't the statements show year-on-year growth? Anyone please enlighten.
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Not sure…