08-03-2015, 03:29 PM
Why are you reading this ?
The fact that you want to read about this boring and slow counter shows that you understand the hidden vale in Koh Bros.
If you don't have the extra funds or time, pls stay clear.
This is a slow and steady counter.
The continuous Share-buy-back eliminate the chance of its down side.
31. cts sellers have dried up, followed by 31.5 cts. SBB recently continue to follow through at 32 cts.
Very Slowly Crippling up.
They are extremely patient in their accumulation and many just can't beat their patience and gave up.
Dividend history have been conservative but slightly better than FD rates.
My wild guess is that their borrowing cost can't be lower than their div yield .
So how do they justify their share-buy-back ?
More interestingly, they rather spend their cash on SBB than to give better div.
It is a sound and profitable company trading at a biggest discount to NAV among its peers.
Is this a strategy to keep share price low ?
Is this a sign towards privatization ?
The fact that you want to read about this boring and slow counter shows that you understand the hidden vale in Koh Bros.
If you don't have the extra funds or time, pls stay clear.
This is a slow and steady counter.
The continuous Share-buy-back eliminate the chance of its down side.
31. cts sellers have dried up, followed by 31.5 cts. SBB recently continue to follow through at 32 cts.
Very Slowly Crippling up.
They are extremely patient in their accumulation and many just can't beat their patience and gave up.
Dividend history have been conservative but slightly better than FD rates.
My wild guess is that their borrowing cost can't be lower than their div yield .
So how do they justify their share-buy-back ?
More interestingly, they rather spend their cash on SBB than to give better div.
It is a sound and profitable company trading at a biggest discount to NAV among its peers.
Is this a strategy to keep share price low ?
Is this a sign towards privatization ?