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Another listing of hotung investment. Hotung has been invested in this company since 2010, hopefully it reaped a good return... looking forward to Q4 result....
ps: CEO purchased 895 lots from open market from 0.130 - 0.134 before Q3 result annoucement....
LISTING OF AN INVESTEE COMPANY – RICHWAVE TECHNOLOGY CORPORATION
The Board of Directors of Hotung Investment Holdings Limited (the “Company”, and
together with its subsidiaries, the “Group”) wishes to announce the expected listing of one
of its investee companies, RichWave Technology Corporation (“RichWave”), on the Taiwan
Stock Exchange Corporation on 13 November 2015.
The Group had invested in RichWave in April 2010.
http://infopub.sgx.com/FileOpen/RichWave...eID=378186
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Consolidation happening from 4th Dec.
NOTICE IS HEREBY GIVEN that the Register of Members and share transfer books of the
Company will be closed at 5.00 p.m. on 8 December 2015 (the “Books Closure Date”) for
the purpose of determining the entitlements of Shareholders under the Proposed Share
Consolidation.
On the Books Closure Date, every ten (10) existing Shares of par value NT$5.00 each
registered in the name of each Shareholder, or standing to the credit of the CDP securities
account of each Depositor (as the case may be), will be consolidated to constitute one (1)
Consolidated Share of par value NT$50.00.
Shares will begin trading in board lots of 100 Consolidated Shares from 9.00 a.m. on 4
December 2015 (the “Effective Trading Date”), on the SGX-ST. Accordingly, ten (10)
existing Shares of par value NT$5.00 each as at 5.00 p.m. on the Market Day immediately
preceding the Effective Trading Date will represent one (1) Consolidated Share with effect
from 9.00 a.m. on the Effective Trading Date. Trading in the existing Shares of par value
NT$5.00 each will cease after 5.00 p.m. on the Market Day immediately preceding the
Effective Trading Date.
The Proposed Share Consolidation shall be effective from 9.00 a.m. on 9 December 2015
(the “Share Consolidation Effective Date”), being the Market Day immediately following the
Books Closure Date, whereupon the Register of Members of the Company and the
Depository Register will be updated to reflect the number of Consolidated Shares held by
each Shareholder and Depositor respectively based on the number of existing Shares held by
them as at the Books Closure Date.
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
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Listing of an Investee company of Hotung : Nien Made enterprise Co., Ltd.
The Board of Directors of Hotung Investment Holdings Limited wishes to announce the expected listing of one of its investee companies, Nien Made Enterprise Co., Ltd., on the Taiwan Stock Exchange Corporation on 22 December 2015.
The Group had invested in Nien Made in December 2014.
Information on Nien Made
Website : http://www.nienmade.com.tw/
Nien Made is one of the world’s leading and best-in-class total solution providers for hard/soft window fashions, a position established after four decades in the industry. Nien Made is the largest fabricator of readymade products, as well as the single largest custommade shutter provider globally. Nien Made is the leading supplier to dealers and major retailers such as Home Depot, Walmart, HD Supply and J.C. Penney. Nien Made owns numerous premium brands such as "Norman", "Woodlore", "Woodbury", "Normandy" and "Sussex". The flagship brand "Norman" is the second most recognized window fashion brand in the U.S.
...
For the financial year ended 31 December 2014, Nien Made recorded net profit of NT$1.93 billion (approximately US$61 million) on the back of NT$13.86 billion (approximately US$439 million) revenue. It achieved a revenue growth of 21% year-on-year to NT$12.16 billion (approximately US$371 million) and net profit growth of 36% year-on-year to NT$1.89 billion (approximately US$58 million) for the nine-month period ending 30 September 2015.
Note:
Based on the exchange rate of US$1.00 : NT$31.60 as at 31 December 2014 and US$1.00 : NT$32.82 as at 30 September 2015, respectively.
Specuvestor: Asset - Business - Structure.
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(22-12-2015, 05:51 PM)cyclone Wrote: Listing of an Investee company of Hotung : Nien Made enterprise Co., Ltd.
The Board of Directors of Hotung Investment Holdings Limited wishes to announce the expected listing of one of its investee companies, Nien Made Enterprise Co., Ltd., on the Taiwan Stock Exchange Corporation on 22 December 2015.
The Group had invested in Nien Made in December 2014.
Information on Nien Made
Website : http://www.nienmade.com.tw/
Nien Made is one of the world’s leading and best-in-class total solution providers for hard/soft window fashions, a position established after four decades in the industry. Nien Made is the largest fabricator of readymade products, as well as the single largest custommade shutter provider globally. Nien Made is the leading supplier to dealers and major retailers such as Home Depot, Walmart, HD Supply and J.C. Penney. Nien Made owns numerous premium brands such as "Norman", "Woodlore", "Woodbury", "Normandy" and "Sussex". The flagship brand "Norman" is the second most recognized window fashion brand in the U.S.
...
For the financial year ended 31 December 2014, Nien Made recorded net profit of NT$1.93 billion (approximately US$61 million) on the back of NT$13.86 billion (approximately US$439 million) revenue. It achieved a revenue growth of 21% year-on-year to NT$12.16 billion (approximately US$371 million) and net profit growth of 36% year-on-year to NT$1.89 billion (approximately US$58 million) for the nine-month period ending 30 September 2015.
Note:
Based on the exchange rate of US$1.00 : NT$31.60 as at 31 December 2014 and US$1.00 : NT$32.82 as at 30 September 2015, respectively.
GIC also invested in this company with shareholding of 9% according to the latest AR.
主要股東名稱 持 有 股 數 持 股 比 例
粘耿豪 24,577,547 10.82%
粘肇紘 24,577,547 10.82%
粘凱隆 24,577,547 10.82%
莊錫欽 22,325,216 9.83%
莊錫榮 22,071,693 9.72%
新加坡商新加坡政府投資有限公司 20,446,875 9.00%
上海商銀受託保管復華東大證券信託基金專戶 17,039,063 7.50%
英屬維京群島商TEMPLESON 13,347,266 5.88%
國泰人壽保險股份有限公司 11,359,374 5.00%
英屬維京群島商BEST FAITH GL 4,576,360 2.01%
As usual, Hotung never show how much they invested. Hopefully they are more transparent in their investment.
(Vested)
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22-12-2015, 07:09 PM
(This post was last modified: 22-12-2015, 07:10 PM by BlueKelah.)
dun think nien made was listed in their annual report as their venture company. Most likely they bought some pre-IPO shares and stake is small. They are not even in the list of top shareholders??
desmond perhaps try email their investor PR and see what you can dig out?
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(22-12-2015, 07:09 PM)BlueKelah Wrote: dun think nien made was listed in their annual report as their venture company. Most likely they bought some pre-IPO shares and stake is small. They are not even in the list of top shareholders??
desmond perhaps try email their investor PR and see what you can dig out?
Before 2012, Hotung used to disclose their top 10 investments and the amount in each investment. But they stop doing this since 2012 AR, not sure what is the reason behind.
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24-12-2015, 12:08 AM
(This post was last modified: 24-12-2015, 12:11 AM by desmondxyz.)
(22-12-2015, 07:09 PM)BlueKelah Wrote: dun think nien made was listed in their annual report as their venture company. Most likely they bought some pre-IPO shares and stake is small. They are not even in the list of top shareholders??
desmond perhaps try email their investor PR and see what you can dig out?
@BlueKelah, this is the answer from them :
Regarding your question in previous email, it is better for the company not to disclose the top 10 investments since the highly competitive industry conditions in venture capital business.
Thank you.
Regards,
Emmy Chen Investor Relations
HOTUNG GROUP
[email=Email%3Aemmy.chen@equity.com.tw]Email:emmy.chen@equity.com.tw[/email] | DID:+886 2 2518 7220 | Fax:+886 2 2502 9716
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24-12-2015, 11:41 AM
(This post was last modified: 24-12-2015, 12:05 PM by BlueKelah.)
thanks desmond for getting that info,
from the reply it sounds like this IPO is going to bring in quite a bit of revaluation gains for next quarter since its a Top 10 / Core investment. Including the recent IPO of Richwave which makes the wireless chips maybe a bumper result coming next quarter?
Could this be the impetus causing boss Tsui to collect from open market around $1.33+- post share consolidation this december? Note : she even bought one lot of only 2600 shares for $3000+, looks like she is trying to mop up any loose shares at this level before the next financial statement? If she buys anymore next month will be a confirmation. next quarterly result is in February.
UNfortunately not much volume since Hotung had the share price consolidation, i think it really knocked out the traders.
--v -> will be collecting more with boss if anyone selling after christmas ;P--
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the piece of junk is further plunging down to 1.25 today... any news or as usual someone has seen the yearly results before we poor fools and is running to sell ?
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02-02-2016, 03:27 PM
(This post was last modified: 02-02-2016, 03:31 PM by ksir.)
Just an interesting yet curious observation.
It seems to me that the quality of a company is perceived by its stock price. When it's up, it's called Gem. When it's down, it's Junk.
Whenever I heard the latter, it prompts my intension to buy.
But of course after much further drill in.
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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