ITC Corp (0372)

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#21
should watch out for PYI results. May pay dividends to ITC Corp.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Reply
#22
ITC ( 00372.HK) in Nov 2009, had issued 5% loan notes ( with conversion rights at $0.30 / share ) were due to expire in Nov 2013.

The recent monthly returns to HKSE shows the "loan notes holders" have opted for conversion to ordinary shares which now trade over $0.50+

The record of total issued shares are :

927,600,100 at 31 May 2013

1070,933,941 at 31 Jul 2013

1,257,600,092 at 30 Aug 2013.
Reply
#23
Shell King probably 从良 after becoming TVB co-owner. That is an important catalyst.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Reply
#24
Next announcement for Interim Results is probably due around Nov 27th.
Reply
#25
Ya. Gimme special dividends.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Reply
#26
Last month the company announced that its subsidiary Rosedale Hotels ( No. 01189.hk) has been approached by a party interested in the 29% stake held by ITC. But there has been only silence since the announcement .

Then last week, SCMP newspaper issue dated 17th Jan 2014, printed a report forecasting the number of tourists to Hong Kong could rise from 54 Mil last year to reach 70 million in 2017.

Today ITC share price suddenly rose from 52 cents to 54 cents for no reason. I just wonder if this is a positive signal for us small investors ?
Reply
#27
(23-01-2014, 10:40 PM)soros Wrote: Last month the company announced that its subsidiary Rosedale Hotels ( No. 01189.hk) has been approached by a party interested in the 29% stake held by ITC. But there has been only silence since the announcement .

Then last week, SCMP newspaper issue dated 17th Jan 2014, printed a report forecasting the number of tourists to Hong Kong could rise from 54 Mil last year to reach 70 million in 2017.

Today ITC share price suddenly rose from 52 cents to 54 cents for no reason. I just wonder if this is a positive signal for us small investors ?

No special dividends leh. Just a regular 1 cent interim div nia. Div paid out today.

Rosedale may be be sold as a RTO shell, similar to PYE (now known as Louis XIII).

Previously trying to RTO Legendary JV into PYE. But failed to raise enough money coz bad market. Legendary JV (Legendary USA + HuaYi Bros) is movie making venture for PRC. Maybe inject into Rosedale instead. 炒冷饭
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Reply
#28
What is RTO shell ?
Reply
#29
(24-01-2014, 09:41 PM)soros Wrote: What is RTO shell ?

Reverse takeover shell. See annc for Louis XIII for example.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Reply
#30
Seems like something is brewing for ITC :

http://www.aastocks.com/EN/ltp/LTP_RT_Qu...95244.html
Reply


Forum Jump:


Users browsing this thread: 4 Guest(s)