Hotung Investment (和通)

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#31
(17-02-2013, 02:06 PM)vicom76 Wrote: I was looking at the dividend payout.

Anyone can advise why it paid in USD, SGD and even TW $?

Why is it inconsistent?

It depends on how much of each currency they have in spare. TW$ was paid out because that was the currency they had loads of when they divested MStar shares 2 years back. Hotung does not want to convert currencies at the group level Unnecessarily to avoid forex losses.
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#32
Results should be released soon. I am interested in the dividend payout. The management has had a good track record.

(Vested)
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#33
I'm vested too.

Quite late result still not out...
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#34
(22-02-2013, 08:12 PM)vicom76 Wrote: I'm vested too.

Quite late result still not out...

There are instances when results are announced on 1 mar. I notice company always announce on Friday, at least for the past few years. Next fri happens to be 1mar. Big Grin
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#35
I am surprised that SGX my gateway economic calendar did not forecast hotung results next week too.
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#36
Results announced. NT$0.31 dividend. Translate to about S$0.013.
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#37
Woohoo 7.8% yield based on last done price!
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#38
(27-02-2013, 06:01 PM)mrEngineer Wrote: Woohoo 7.8% yield based on last done price!

I was expecting better results and thus better dividend. Nevertheless glad that company still paying close to 100% profit as dividend. And the remuneration management pay themselves is not too high.
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#39
More selling by CEO. Huh
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#40
How does Hotung end up with so much cash when they are distributing most of the profit? Is this generous dividend policy a recent year trend?

Btw, anyone know if Third Avenue still has any stake in Hotung?

Thanks.
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