Hotung Investment (和通）

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This hotung will rise late Jan/Early Feb and reaches 16+ cents in around March/April when dividend is announced.

3Q results so far indicates as usual 0.31NT dividend coming.

So buy now at around 15 cents and sell at 16+ cents or take dividend.
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Hopefully different this year since the 20cent rule is coming ;-)

Underlying valuation increasing too since some ventures up after ipo but not sold.

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(04-02-2015, 07:59 PM)BlueKelah Wrote: Hopefully different this year since the 20cent rule is coming ;-)

Underlying valuation increasing too since some ventures up after ipo but not sold.

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How we know if hotung has offloaded those listed investments?

(04-02-2015, 11:05 PM)desmondxyz Wrote:

(04-02-2015, 07:59 PM)BlueKelah Wrote: Hopefully different this year since the 20cent rule is coming ;-)

Underlying valuation increasing too since some ventures up after ipo but not sold.

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How we know if hotung has offloaded those listed investments?

Good lo.. if offloaded then will huat becos got more profit and special dividends lo

(04-02-2015, 11:05 PM)desmondxyz Wrote:

(04-02-2015, 07:59 PM)BlueKelah Wrote: Hopefully different this year since the 20cent rule is coming ;-)

Underlying valuation increasing too since some ventures up after ipo but not sold.

-- via Xperia Z1 with tapatalk

How we know if hotung has offloaded those listed investments?

you will know when there is a spike in quarterly earnings and if its a major divestment the company should be announcing it as well just like they announced the investment in La Kaffa last month.

4th Q actions: Oct 2014-Dec 2014


1)Hotung Group has invested in Enterex since September 2013 to assist Enterex in stock diversification to conform to the relevant regulations of Taiwan Stock Exchange Corporation (“TWSE”). The 2013 consolidated audited sales revenues of Enterex reached NT$4.3 billion (US$143 million), which was a 15% growth year-on-year. Enterex has been approved by TWSE and plans to debuton TWSE on the 16th of October 2014.


2)Hotung Group has invested in SynCore since March 2013. SynCore has been approved by Taiwan GreTai Securities Market (“GTSM”) and plans to debut on GTSM on the 28th of October 2014.


Hope this 2 are significant contributor to the profit

I expect this year dividend will be more.. why? becos Taiwan currency appreciated against sing dollars.

If u look at 3Q2014 results. 2014 Sept: Exchange rate S$1 = NT 23.90, 2013 Dec: S$1 = NT 23.58
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But the latest Sing dollar has depreciated due to MAS easing policy. Latest exchange rate:
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So it means Taiwanese dollar has strengthened against sing dollars and Hotung earning is in taiwan dollars, so translate to higher sing dollars.

Hope I am correct .. keeping fingers crossed

results shd be out in exactly 2 weeks time, ie: 27 Feb. Price should hit 15.6-15.8 cents on 27 feb. Once results out and dividend declared is at least 1.29 cents, then it will hit 16.x cents. It will then peak again in around May, the day before XD.

lousy result....NT 0.258 div announced, ~SGD 0.011

http://infopub.sgx.com/FileOpen/2014%20f...eID=335388

(17-02-2015, 05:15 PM)desmondxyz Wrote: lousy result....NT 0.258 div announced, ~SGD 0.011

http://infopub.sgx.com/FileOpen/2014%20f...eID=335388

The gains on sale of available-for-sale investments is less for 2014.

2013 $528,635
2014 $284,257

But, lousy is kind of harsh since the yield is 7.2% with no debt at group level and NAV of 30cts?