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02-07-2014, 01:10 PM
When they do sell off the last 9M shares in PNE PCB, total sale price will be about 12M+ SGD.
Conservative payout of 50% will be 6M/336M shares=~0.0178 , thats more than 10% yield at todays' price.
I do suspect share price will spike again after next announcement of sale of last tranche of shares and spike again when special dividends are announced.
"The Company intends to use the sales proceeds for working capital of the Group.
The Company may consider declaring a special dividend upon completion or substantial
completion of the disposal of the remaining PCB shares depending on the aggregate
consideration received and the working capital requirements of the Group at that time."
-vested-
Conservative payout of 50% will be 6M/336M shares=~0.0178 , thats more than 10% yield at todays' price.
I do suspect share price will spike again after next announcement of sale of last tranche of shares and spike again when special dividends are announced.
"The Company intends to use the sales proceeds for working capital of the Group.
The Company may consider declaring a special dividend upon completion or substantial
completion of the disposal of the remaining PCB shares depending on the aggregate
consideration received and the working capital requirements of the Group at that time."
-vested-
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com