Transcorp Holdings (Formerly: Transview Holdings)

[Harvest Time]

Look for hint. Question will be timing.

The Board is exploring business opportunities that will enhance value for Shareholders over
the long term and will make further announcements when there are further developments on
the same

[Harvest Time]

12 cents dividend.

[pianist]

12cent also swee la
against my purchase of 0.09xx recently, how can I complain?

[safetyfirst]

12cent also swee la
against my purchase of 0.09xx recently, how can I complain?

wow that's really a good return, i am hoping that it will drop closer to 20 cents then i will make my entry

[dydx]

The $0.12/share super-big dividend will be paid on 8Jul14…..
http://infopub.sgx.com/Apps?A=COW_CorpAn...6QPalwWHwI
with the 'XD' date fixed for 26Jun14

[BlueKelah]

maybe its not 12 cents its 1.2 cents...

[Harvest Time]

It is 12 cents dividend
Net cash inflow from disposal of biz is $25.918m.
Total shares is 179.28m.

Cash $27.033m
Short term deposits $1.606m
Escrow account $2.8m

Total dividend ==> $21.5136m (for 12 cents dividend)

After payout dividend
Cash $5.519m
Short term deposits $1.606m
Escrow account $2.8m
==> around $9.925m in cash equiv & escrow

[Harvest Time]

The 3 storey semi-detach factory at Chang Charn Road (near Ikea, near Alexandra, Leng) is worth much more than the book value.
Book value is $1.918m. Still have 42.7 years lease (till Jan 2057).

Other buildings at that area can build 6 storeys. Hence if they dispose this property, may able to get alot of money. Trancorp has 4 properites (1 in Singapore, 2 in Malaysia and 1 in Hong Kong). After the sale of golf biz, the properties are classified as investment properties.

[ersteam]

I bot Transcorp at 24 cents. Not sure whether I bot at too high a price? Anyone can advise?

[Harvest Time]

ersteam
Now Transcorp is 16.2 cents (if include 12 cents dividend, now is 28.2 cents)

Reaching my estimated RNAV, unless the 3 storey semi-detach factory at Chang Charn Road can fetch higher price or other good news coming.