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23-02-2014, 10:08 PM
Just chanced upon this counter while looking for undervalued stocks..
- Huge amount of cash
- 16% dividends (4+1 cents) based on 30 cents
- Revenue and profits seems to be dwindling year after year
- No mention of how they are going to revive or improve their current business? Just relying on acquisitions? (which brings me to the next point)
- Management seems to have certain acumen in investing/acquiring businesses
Will need to research deeper. Interesting history with all the legal tussle with sembcorp and 10c dividends, etc..
- Huge amount of cash
- 16% dividends (4+1 cents) based on 30 cents
- Revenue and profits seems to be dwindling year after year
- No mention of how they are going to revive or improve their current business? Just relying on acquisitions? (which brings me to the next point)
- Management seems to have certain acumen in investing/acquiring businesses
Will need to research deeper. Interesting history with all the legal tussle with sembcorp and 10c dividends, etc..
Winston Churchill:-
“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”
"The farther backward you can look, the farther forward you are likely to see."
“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”
"The farther backward you can look, the farther forward you are likely to see."