Daily Stock Analysis: Skyworth Group Limited

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Skyworth Group Ltd, bears the ticker symbol SWDHY, and this is my second mention of SWDHY for this Viking Portfolio. I have, however, never selected SWDHY for any of my previous seven dog of the week portfolios.

Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products.

The Group’s overall strategic direction for upgrading through reformation includes Multimedia Business, Smart Systems Technology Business, Smart Appliances Business, New Energy Business, and Modern Services Business.

It has operations in the People's Republic of China, the rest of Asia, Europe, the Middle East, the United States, Oceania, and Africa.

The company was formerly known as Skyworth Digital Holdings Limited and changed its name to Skyworth Group Limited in June 2019.

Skyworth Group Limited was founded in 1988 and is headquartered in Quarry Bay, Hong Kong.

Three key data points gauge Skyworth Group Ltd or any dividend-paying firm. They are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.
 

SWDHY Price

Skyworth’s price per share was $15.16 at Monday’s market close. In the past year, Skyworth Group Ltd’s share price fell $2.06 or about 12%.

If Skyworth’s stock trades in the range of $12 to $18.00 this next year, its recent $15.16 share price might rise to $17.00 by next year. It could go down about the same amount. My upside estimate of $1.84 is about $0,54 below the average annual price gain of $2.38 for Skyworth over the past three years. No analysts cover Skyworth’s stock for brokers. So average upside/downside is just the defect indicator.
 

SWDHY Dividend

Skyworth’s variable semi-annual dividend is projected by YCharts to be $0.99 as of its most recent October 11 payout to shareholders of record September 8, 2022. The next payout could be as soon as June 28 to shareholders on the board as of May 26.
 

SWDHY Returns

Adding a $0.99 estimated annual estimated Skyworth dividend to my $1.84  estimated price upside reveals a $2.83 potential gross gain per share for the coming year.

At Monday’s $15.16 closing price, a little under $1000 would buy 66 shares.

A $10 broker fee (if charged), paid half at purchase and half at the sale, might cost us about $0.15 per share.

Subtracting that maybe $0.15 brokerage cost from my estimated $2.83 gross gain estimate makes a net amount of $2.68 X 66 shares = $176.88 or a 17.7% net gain.

In the next year, our $1K investment in shares of SWDHY may generate about $65.60 in dividends. Furthermore, a single share of SWDHY at Monday’s $15.16 price is over four times less than the income estimated from $1000.00 invested.

So, by my dogcatcher ideal, this is a prime time to consider SWDHY shares, based on their dividends for 2023. The dividend from the $1k invested is 4.32 times greater than SWDHY’s single-share price. Consider yourself alerted.

All of the estimates above are speculation based on the past history of investment in shares of Skyworth Group Ltd. Only time and money invested in this stock will determine its future market value.


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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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KenGardener 11 months ago Member's comment

Good stock pick.