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That AGM day when a few VBs and others were surrounding Senior Yen, and he mentioned that SAH will announce soon that he will be acting CEO, you should see everyone's eyes lighting up like light bulbs. Strange to me but I think there are some relationships out there between SAH and New Toyo that we cannot understand. Like how SAH actually allows Senior Yen to be the CEO when New Toyo is its 34% shareholder and when Senior Yen himself is the greatest shareholder in New Toyo. Dont we all love such unexplainable stuff. So long as it works to New Toyo's shareholders' benefit, I guess no one will really complain.
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01-05-2012, 06:23 PM
(This post was last modified: 01-05-2012, 06:27 PM by Curiousparty.)
Company already said that the asset transactions have been completed and 50% of the net proceeds will be paid out, the method of which will be decided by 2Q 2012.
So, the wait will not be long
****
(24-02-2012, 02:38 PM)psolhawk Wrote: I think the special dividend will be given half a year later. Underdogger what do you think? I think SAH is a wasting financial resources in adopting this wait and see attitude.
There are many other behind-the-scenes relationships which none of us would fully grasp.
What we see are the manifestations or outcomes - how did it come to such a stage, no one knows...
(01-05-2012, 04:12 PM)psolhawk Wrote: That AGM day when a few VBs and others were surrounding Senior Yen, and he mentioned that SAH will announce soon that he will be acting CEO, you should see everyone's eyes lighting up like light bulbs. Strange to me but I think there are some relationships out there between SAH and New Toyo that we cannot understand. Like how SAH actually allows Senior Yen to be the CEO when New Toyo is its 34% shareholder and when Senior Yen himself is the greatest shareholder in New Toyo. Dont we all love such unexplainable stuff. So long as it works to New Toyo's shareholders' benefit, I guess no one will really complain.
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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My guess is that New Toyo not interested in dividend until SAH gets Yen onboard and its alrdy happening!
The New Toyo vol. is picking up. Ppl are starting to position themselves for something exciting ahead.
My buddies all believe it could be mid year dividend, with most Co. wanting to keep the news in suspend to excite newbies taking a stake in this stale business.
Let see what Snr. Yen can do in SAH that will stirr up excitement for both Co!!
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Maybe similar to SAH which is sold off on the cheap, New Toyo might suffer the same fate?
(01-05-2012, 04:12 PM)psolhawk Wrote: That AGM day when a few VBs and others were surrounding Senior Yen, and he mentioned that SAH will announce soon that he will be acting CEO, you should see everyone's eyes lighting up like light bulbs. Strange to me but I think
there are some relationships out there between SAH and New Toyo that we cannot understand.
Like how SAH actually allows Senior Yen to be the CEO when New Toyo is its 34% shareholder and when Senior Yen himself is the greatest shareholder in New Toyo. Dont we all love such unexplainable stuff. So long as it works to New Toyo's shareholders' benefit, I guess no one will really complain.
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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One should not forget that New Toyo was IPOed at 80 cents back then. Even after adjusting for rights issue, 50 cents is the fair value.
It is still a fair cry from that...
(02-05-2012, 09:11 AM)Curiousparty Wrote: Maybe similar to SAH which is sold off on the cheap, New Toyo might suffer the same fate?
(01-05-2012, 04:12 PM)psolhawk Wrote: That AGM day when a few VBs and others were surrounding Senior Yen, and he mentioned that SAH will announce soon that he will be acting CEO, you should see everyone's eyes lighting up like light bulbs. Strange to me but I think
there are some relationships out there between SAH and New Toyo that we cannot understand.
Like how SAH actually allows Senior Yen to be the CEO when New Toyo is its 34% shareholder and when Senior Yen himself is the greatest shareholder in New Toyo. Dont we all love such unexplainable stuff. So long as it works to New Toyo's shareholders' benefit, I guess no one will really complain.
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New Toyo cannot even break thru the 32 cents resistance, despite the fact that SAH is going to pay out the first tranche of dividend..
What more can we expect ?
(02-05-2012, 09:28 AM)Underdogger Wrote: One should not forget that New Toyo was IPOed at 80 cents back then. Even after adjusting for rights issue, 50 cents is the fair value.
It is still a fair cry from that...
(02-05-2012, 09:11 AM)Curiousparty Wrote: Maybe similar to SAH which is sold off on the cheap, New Toyo might suffer the same fate?
(01-05-2012, 04:12 PM)psolhawk Wrote: That AGM day when a few VBs and others were surrounding Senior Yen, and he mentioned that SAH will announce soon that he will be acting CEO, you should see everyone's eyes lighting up like light bulbs. Strange to me but I think
there are some relationships out there between SAH and New Toyo that we cannot understand.
Like how SAH actually allows Senior Yen to be the CEO when New Toyo is its 34% shareholder and when Senior Yen himself is the greatest shareholder in New Toyo. Dont we all love such unexplainable stuff. So long as it works to New Toyo's shareholders' benefit, I guess no one will really complain.
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Some friends ask me what is New Toyo doing with so much investment properties lying around in its book...Its core business is printing, not property development...
Rental income = $1.623mil (2011); $1.665mil (2010)
MV = $25.64mil (2011)
BV = $12.3mil (2011)
A return of 13.2% from rental income based on BV.
or 6.3% based on MV.
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Well a lot of sellers are gathering at 30.5 cents due to the uncertainty surrounding SAH and the possible outcomes..
Will SAH turn out to be a liability and drag New Toyo down...
it is anyone's guess now...
(02-05-2012, 09:47 AM)potatolover Wrote: New Toyo cannot even break thru the 32 cents resistance, despite the fact that SAH is going to pay out the first tranche of dividend..
What more can we expect ?
(02-05-2012, 09:28 AM)Underdogger Wrote: One should not forget that New Toyo was IPOed at 80 cents back then. Even after adjusting for rights issue, 50 cents is the fair value.
It is still a fair cry from that...
(02-05-2012, 09:11 AM)Curiousparty Wrote: Maybe similar to SAH which is sold off on the cheap, New Toyo might suffer the same fate?
(01-05-2012, 04:12 PM)psolhawk Wrote: That AGM day when a few VBs and others were surrounding Senior Yen, and he mentioned that SAH will announce soon that he will be acting CEO, you should see everyone's eyes lighting up like light bulbs. Strange to me but I think
there are some relationships out there between SAH and New Toyo that we cannot understand.
Like how SAH actually allows Senior Yen to be the CEO when New Toyo is its 34% shareholder and when Senior Yen himself is the greatest shareholder in New Toyo. Dont we all love such unexplainable stuff. So long as it works to New Toyo's shareholders' benefit, I guess no one will really complain.
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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If special dividend payment from SAH has already been factored into current share price, it might drop back to the early 20 cents level.
(02-05-2012, 10:57 AM)Curiousparty Wrote: Well a lot of sellers are gathering at 30.5 cents due to the uncertainty surrounding SAH and the possible outcomes..
Will SAH turn out to be a liability and drag New Toyo down...
it is anyone's guess now...
(02-05-2012, 09:47 AM)potatolover Wrote: New Toyo cannot even break thru the 32 cents resistance, despite the fact that SAH is going to pay out the first tranche of dividend..
What more can we expect ?
(02-05-2012, 09:28 AM)Underdogger Wrote: One should not forget that New Toyo was IPOed at 80 cents back then. Even after adjusting for rights issue, 50 cents is the fair value.
It is still a fair cry from that...
(02-05-2012, 09:11 AM)Curiousparty Wrote: Maybe similar to SAH which is sold off on the cheap, New Toyo might suffer the same fate?
(01-05-2012, 04:12 PM)psolhawk Wrote: That AGM day when a few VBs and others were surrounding Senior Yen, and he mentioned that SAH will announce soon that he will be acting CEO, you should see everyone's eyes lighting up like light bulbs. Strange to me but I think
there are some relationships out there between SAH and New Toyo that we cannot understand.
Like how SAH actually allows Senior Yen to be the CEO when New Toyo is its 34% shareholder and when Senior Yen himself is the greatest shareholder in New Toyo. Dont we all love such unexplainable stuff. So long as it works to New Toyo's shareholders' benefit, I guess no one will really complain.
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02-05-2012, 03:28 PM
(This post was last modified: 02-05-2012, 03:42 PM by Underdogger.)
These investment properties are a drag on overall financial performance and should be gotten rid of asap...
Marginal returns compared to printing operations?
Still need to pay for upkeeping and maintenance...
(02-05-2012, 09:56 AM)Stockerman Wrote: Some friends ask me what is New Toyo doing with so much investment properties lying around in its book...Its core business is printing, not property development...
Rental income = $1.623mil (2011); $1.665mil (2010)
MV = $25.64mil (2011)
BV = $12.3mil (2011)
A return of 13.2% from rental income based on BV.
or 6.3% based on MV.
Minority shareholders have no way to get their grievance heard , sad to say. It is basically up to New Toyo and Hongji now.
(01-05-2012, 04:12 PM)psolhawk Wrote: That AGM day when a few VBs and others were surrounding Senior Yen, and he mentioned that SAH will announce soon that he will be acting CEO, you should see everyone's eyes lighting up like light bulbs. Strange to me but I think there are some relationships out there between SAH and New Toyo that we cannot understand. Like how SAH actually allows Senior Yen to be the CEO when New Toyo is its 34% shareholder and when Senior Yen himself is the greatest shareholder in New Toyo. Dont we all love such unexplainable stuff. So long as it works to New Toyo's shareholders' benefit, I guess no one will really complain.
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