PCI

Don't mean to spam but posting here too since there is a section on PCI as well as FEG's offer for CH Offshore:
http://stockresearchasia.com/1/post/2015...ging1.html

Hopefully we are now looking at a turnaround point for its manufacturing business.
Would be great if can transform its cash hoard into earning a decent return.

http://infopub.sgx.com/FileOpen/Incorpor...eID=341258

INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY

The Board of Directors of PCI Limited (the “Company”) wishes to announce that its whollyowned
subsidiary, PCI China Private Limited, has incorporated the following wholly-owned
subsidiary:
(1) Name of the Subsidiary: PCI Kunshan Electronics Company., Ltd
(2) Date of Incorporation: 31 March 2015
(3) Country of Incorporation: People’s Republic of China
(4) Registered Capital : USD 2.8 million
(5) Principal Activities: Production of new electronic components and new instrumentation
devices, sale of products and provision of related technical services
..

3rd Quarter results 11 May 2015

Completion of the Acquisition of 35 Pioneer Road North, Singapore 628475

Thought to mention, disposal of their singapore HQ site has brought in USD 10m+ increasing NAV to SGD 56c and a huge boost to earnings for this year. EMS business still profitable but lacklustre with very low margins and increasing cost.

Very thinly traded but managed to load up some more today as net cash is now >80% of Mcap. Barring unforseen circumstances, expect another big special dividend end of this year in addition to their usual 3cents.

3 cents first & final dividend + 2 cents special dividends, total 5 cents, for financial year ended 30 June 2015.
http://infopub.sgx.com/Apps?A=COW_CorpAn...uddies.com

<vested>

Chuan Hup seems determined to squeeze every cents out from PCI

(14-08-2015, 07:40 PM)SLC81 Wrote: Chuan Hup seems determined to squeeze every cents out from PCI

exactly why PCI makes a good investment whilst there is still a load of cash in the company. They will continue to payout to CHH. Major SSH interests are aligned with OPMI interest

It seems that this quarter earnings is also pretty good. Hopefully spike in share price next week.

-v-

How come this type of thing alway happen after I sold at 0.460

(16-08-2015, 12:15 PM)GiraffeValue Wrote: How come this type of thing alway happen after I sold at 0.460

becoz you no wait for it to go up hahaha...

Already known that PCI made big money this year and gonna give special dividend what..

I just visited your blog, didn't know you quite active nowadays, some more so many chio bu pictures. You have just given me one more reason to frequent your blog. Keep it up!

(16-08-2015, 02:31 PM)GiraffeValue Wrote: I just visited your blog, didn't know you quite active nowadays, some more so many chio bu pictures. You have just given me one more reason to frequent your blog. Keep it up!

thanks for visiting Have added yours to my blogroll too.

just try to do some basic post on my favourite counters then later will just do updates to them thats all and occasionally on new counter that make it into my valuation list.

PCI seems to be holding up well amidst the market drops. Still waiting for it to hit 60c. Hopefully CHH can steady a bit quickly make general offer again for it. Then I can divest and have some $$ to buy CHH.