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China Aviation Oil
08-01-2015, 06:17 PM,
Post: #31
RE: China Aviation Oil
http://businesstimes.com.sg/companies-ma...and-fy2014

China Aviation Oil expects lower profits for Q4 2014 and FY2014
By Teh Shi Ning tshining@sph.com.sg @TehShiNingBT
8 Jan 6:08 PM
CHINA Aviation Oil (Singapore) Corporation (CAO) said on Thursday that the group's financial performance will be poorer for Q4 2014, compared to Q3 2014. Its full-year 2014 financial results would also be weaker compared to FY2013's....

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18-02-2016, 01:31 PM,
Post: #32
RE: China Aviation Oil
This state owned company seems to be neglected these few years.

PE is only 6x, stock trades reasonably below bv

quite a good margin of safety.

Got stake in shanghai pudong aviation oil.

It is slowly reducing its petrochem business, and focusing back to aviation oil. China is planning to build 66 airports (source: WSJ) until 2020. With tourism sector doing well (domestic passenger up 10% and int passenger up 27% last year), CAO should do reasonably well these few years

Vested.

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27-02-2016, 01:15 PM,
Post: #33
RE: China Aviation Oil
After 5 years of $0.02 dividend, company finally increased it to $0.03. Company also announced a new dividend policy:

In order to afford shareholders a more direct participation in the Group’s earnings growth, the Board of Directors has approved the adoption of a dividend policy based on a growth-based dividend payout formula. Commencing from FY2015, CAO intends to declare dividends comprising 30% of CAO’s annual consolidated net profits attributable to shareholders (one-tier, tax exempt) for each financial year.

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23-04-2016, 10:38 AM, (This post was last modified: 23-04-2016, 12:21 PM by fundamentalman.)
Post: #34
RE: China Aviation Oil
(27-02-2016, 01:15 PM)touzi Wrote: After 5 years of $0.02 dividend, company finally increased it to $0.03. Company also announced a new dividend policy:

In order to afford shareholders a more direct participation in the Group’s earnings growth, the Board of Directors has approved the adoption of a dividend policy based on a growth-based dividend payout formula. Commencing from FY2015, CAO intends to declare dividends comprising 30% of CAO’s annual consolidated net profits attributable to shareholders (one-tier, tax exempt) for each financial year.

really good news, thanks for the update. Big Grin

ytd, the chinese outbound tourism growth rate is still quite high yoy... should be positive for cao going forward

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23-04-2016, 12:28 PM,
Post: #35
RE: China Aviation Oil
good result in q1 2016

q1 2016 result :
3m eps usd 2.81c (q1-15: 1.67c) (up largely due to 46% increase in profit in its subsidiary, shanghai pudong int arprt avi fuel)
nav usd 71.98c

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29-05-2016, 04:01 PM,
Post: #36
RE: China Aviation Oil
http://www.nextinsight.net/index.php/sto...ion-growth

Article on China Aviation Oil - For your Reading Only.

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01-04-2017, 11:11 PM,
Post: #37
RE: China Aviation Oil
Dividend increases again. This time to S$0.045.

http://infopub.sgx.com/Apps?A=COW_CorpAn...30b8405343

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17-05-2017, 06:13 PM,
Post: #38
RE: China Aviation Oil
China Aviation Oil (Singapore) Corporation Ltd, the largest physical jet fuel trader in the Asia Pacific region, is pleased to announce that CAO will be added to the Morgan Stanley Capital International (“MSCI”) Singapore Small Cap Index, effective after the close of market trading on 31 May 2017.
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
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17-05-2017, 07:23 PM,
Post: #39
RE: China Aviation Oil
(29-05-2016, 04:01 PM)Retired@52 Wrote: http://www.nextinsight.net/index.php/sto...ion-growth

Article on China Aviation Oil - For your Reading Only.

When I put up the above Link on 29th May 2016, the Share Price was $1.04

Today the Price closed @ $1.64 + $0.045 Dividend ~ Up by 62% in One year.

Congratulations to those who took action.

Today's Announcement, see the Link.

http://infopub.sgx.com/Apps?A=COW_CorpAn...0Index.pdf

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