AUPU (0477)

I wonder if anybody here studied this company. To play the large wave of urbanization in PRC, it seems interesting to me.
Taifook did a report on it in october 2010. I am a bit confused with what they say about coming div.
To me, at HK$1,36 today, it is still interesting, but without any margin of safety. With a correction at about HK$1,2, I would probably buy.

Now you can buy , as during last 3 months the share price has tumbled and closed at $1.13 on friday 4th Mar.

(04-11-2010, 11:11 PM)stilicon Wrote: I wonder if anybody here studied this company. To play the large wave of urbanization in PRC, it seems interesting to me.
Taifook did a report on it in october 2010. I am a bit confused with what they say about coming div.
To me, at HK$1,36 today, it is still interesting, but without any margin of safety. With a correction at about HK$1,2, I would probably buy.

I spent lots of time in Aupu. In my opinion, it will grow rapidly in next few years, for the urbanization. But to much copetive in this area

Surprise buy back of 14 mil shares at $0.80 on 17th Oct has been reported .

Share price is now back at $1.36 after declaring int dividend rise from 3 cts to 6 cts.

The annual results for the year ended 31 December 2014. Revenue mounted 26.4% yearly to RMB784 million.

Net profit amounted to RMB170 million, up 108%. EPS was 16 fen. A final dividend of HK10 cents was declared. A full-year dividend totaled HK16 cents was announced.

( Info posted on aastocks website )

The company was delisted in late 2016 by privatisation and cash offer at $2.71 per share to investors .

The shares were offered at $0.82 by IPO listing in 2010 and so long term investors should have made a decent profit.