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Baker Tech

Baker Tech

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camelking Offline
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#31
18-02-2013, 10:12 PM
rotational play plus anticipation of good dividend....

vested
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camelking Offline
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#32
22-02-2013, 11:16 AM
Trading halted. Company is supposed to announce financial results after trading hours today.
Something more important than Financial results???
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Retired@52 Offline
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#33
22-02-2013, 10:36 PM
Dividend $0.015 + special dividend $0.085 = Total $0.1
What a wind fall!

I applied for 5 Million warrants but was given only 58,000
What a miss!

When I wanted to buy the rights to the warrants @ $0.05, my golfing friends asked me whether I was mad. I told them that the provision for the lawsuit money was already in the kitty but they doubted. Emotionally I also got affected, didn’t buy more.
What a waist!

Nevertheless, I shall still receive a 5-figure dividend.
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camelking Offline
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#34
22-02-2013, 10:37 PM
10cents dividend!
The directors know how to play the game well.... using 10 cents to attract 27cents from warrant conversion.

Vested rather happily....
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freedom Offline
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#35
23-02-2013, 10:08 AM (This post was last modified: 23-02-2013, 11:24 AM by freedom.)
I doubt that the management will exercise their warrants. The only difference between exercising the warrant and not exercising is the 1.5 cent normal dividend. Is it worth to put in 27 cents to just get 1.5 cents extra?

the warrant is a good leveraged financial instrument.
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shn Offline
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#36
23-02-2013, 11:09 AM
Congrats!

(Not vested)
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old friend Offline
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#37
25-02-2013, 01:39 PM
congrats!
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kayhian Offline
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#38
25-02-2013, 04:03 PM
loaded some more at $0.450. the special dividend is too tempting to me.
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Ferns Offline
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#39
04-09-2013, 11:54 PM
I was taking a look at the charts for Baker Tech and I noticed that it usually spikes in April and then takes a drastic drop. Is there any reason why? Is it purely because of the dividend?
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FatBoi Offline
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#40
12-09-2013, 12:32 AM
(04-09-2013, 11:54 PM)Ferns Wrote: I was taking a look at the charts for Baker Tech and I noticed that it usually spikes in April and then takes a drastic drop. Is there any reason why? Is it purely because of the dividend?

Depends on how far back your charts go, since 2010, usually full year results for Baker Tech announced in Feb but approval for final dividends happen during AGM in April and the counter goes XD in May.

This might explain the spike and fall you noted.

Any VB has a view if Baker is undervalued now?
I think interest has cooled big time since the special dividend payout.
A stock well bought is half sold - Ben Graham
Price is the most important factor to use in relation to value - Walter Schloss
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