China Flexible Packaging

This company looks interesting... strong operating cash, relatively large size, possible dividend declaration, high margin

Risk
- Product differentiation?
- Rising raw material cost - oil price

High dividend yield stocks

1. SMRT
2. Singpost
3. Bright Orient
4. SGX
5. SBS Transit

Setting Criteria

1. ROE > 15%
2. PE <>
3. Dividend yield > 5%
4. Consistent and predictable earnings
5. Positive operating cashflow, net cash position, minimum debts

e.g. Vicom