OOIL reported its interim results during lunch last Friday (19th Aug). The
results were great in most counters, e.g. 31% QoQ, 101% YoY and then 70%
dividend pay-out ratio. But the top line report a month ago has already
suggested OOIL earnings may be up $1.2-1.3bn HoH, which is more of less what
OOIL report for the bottom line last Friday.
The dividend pay-out ratio now becomes a guestimate for its shareholders as OOIL
has paid out between 100% and 50% last two rounds. Having a net cash positi