GL Limited (formerly: Guoco Leisure)

(22-08-2012, 07:48 PM)Stocker Wrote: Just buy and wait for enbloc. FY result should be out latest by next week. Hope dividend will not be less than 2 cents.

30th Aug

Dividend only 1.6 US cent/ share

But NAV stated on balance sheet should be up abit to 88USD cents...

(22-08-2012, 09:38 PM)propertyinvestor Wrote:

(22-08-2012, 07:48 PM)Stocker Wrote: Just buy and wait for enbloc. FY result should be out latest by next week. Hope dividend will not be less than 2 cents.

30th Aug

Dividend only 1.6 US cent/ share

But NAV stated on balance sheet should be up abit to 88USD cents...

Wow! mate you have insider info ?

1.6 US cent/share......

That is not very good news.....

(22-08-2012, 09:38 PM)propertyinvestor Wrote:

(22-08-2012, 07:48 PM)Stocker Wrote: Just buy and wait for enbloc. FY result should be out latest by next week. Hope dividend will not be less than 2 cents.

30th Aug

Dividend only 1.6 US cent/ share

But NAV stated on balance sheet should be up abit to 88USD cents...

(22-08-2012, 09:53 PM)Stocker Wrote:

(22-08-2012, 09:38 PM)propertyinvestor Wrote:

(22-08-2012, 07:48 PM)Stocker Wrote: Just buy and wait for enbloc. FY result should be out latest by next week. Hope dividend will not be less than 2 cents.

30th Aug

Dividend only 1.6 US cent/ share

But NAV stated on balance sheet should be up abit to 88USD cents...

Wow! mate you have insider info ?

Thats just my estimate. Its somewhere in the region of 1.6 -2.5 USD cents.

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(22-08-2012, 11:25 PM)cliffordng888 Wrote: 1.6 US cent/share......

That is not very good news.....

(22-08-2012, 09:38 PM)propertyinvestor Wrote:

(22-08-2012, 07:48 PM)Stocker Wrote: Just buy and wait for enbloc. FY result should be out latest by next week. Hope dividend will not be less than 2 cents.

30th Aug

Dividend only 1.6 US cent/ share

But NAV stated on balance sheet should be up abit to 88USD cents...

Nobody buys this for dividend yield anyway. Lets be honest about this stock. We are buying it for its DEEP VALUE. Dont expect QLC to dig money out of this company when more than 30% are still in the hands of the public.

(23-08-2012, 07:16 AM)propertyinvestor Wrote:
Nobody buys this for dividend yield anyway. Lets be honest about this stock. We are buying it for its DEEP VALUE. Dont expect QLC to dig money out of this company when more than 30% are still in the hands of the public.

your statement does not make any sense.

why would QLC dig money out of the company?

If there is stuff he is interested in, he can let GuocoLeisure buy for him. Is there a need for him to dig money first?

(23-08-2012, 08:14 AM)freedom Wrote:

(23-08-2012, 07:16 AM)propertyinvestor Wrote:
Nobody buys this for dividend yield anyway. Lets be honest about this stock. We are buying it for its DEEP VALUE. Dont expect QLC to dig money out of this company when more than 30% are still in the hands of the public.

your statement does not make any sense.

why would QLC dig money out of the company?

If there is stuff he is interested in, he can let GuocoLeisure buy for him. Is there a need for him to dig money first?

My point is, its unlikely for him to dig money out of the company to reward shareholders unless Guoco Group needs money or cashflow at the group level.

Earlier on you mentioned something about QLC being interested in BEA. Its probably likely GL, HLB and GG may make a joint bid for BEA if that ever materialises.

(21-08-2012, 09:56 PM)thleong Wrote: Jeeny Chua retires from Capitaland as Chief Corporate Officer.
Joins Guco Leisure as Director.

I hope she can help influence QLC to sell some hotels like what she did to Raffles Hotel in 2005

Buying seems persistent today. Hope it will follow thru.

(23-08-2012, 04:16 PM)Stocker Wrote: Buying seems persistent today. Hope it will follow thru.

How many lots have you bought? 10000?

(23-08-2012, 04:59 PM)propertyinvestor Wrote:

(23-08-2012, 04:16 PM)Stocker Wrote: Buying seems persistent today. Hope it will follow thru.

How many lots have you bought? 10000?

2 lots .