Hotung Investment (和通)

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#11
(26-12-2012, 05:48 PM)ngcheeki Wrote: Daily Share buyback of 900 lots between $0.15 to $0.151. The last share buyback was in 15 Nov 2012 1 Day after their 3Q result announcement.

http://info.sgx.com/webcorannc.nsf/Annou...endocument

Quite insignificant volume.
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#12
Substantial shareholder open market sales on 2 Jan 13:

http://info.sgx.com/webcoranncatth.nsf/V...80031C9E8/$file/OAMDeclarationForm3.pdf?openelement
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#13
(03-01-2013, 07:06 PM)greengiraffe Wrote: Substantial shareholder open market sales on 2 Jan 13:

http://info.sgx.com/webcoranncatth.nsf/V...80031C9E8/$file/OAMDeclarationForm3.pdf?openelement

Fund repositioning itself during new year?
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#14
(03-01-2013, 09:58 PM)Share Investor Wrote:
(03-01-2013, 07:06 PM)greengiraffe Wrote: Substantial shareholder open market sales on 2 Jan 13:

http://info.sgx.com/webcoranncatth.nsf/V...80031C9E8/$file/OAMDeclarationForm3.pdf?openelement

Fund repositioning itself during new year?


That fund has been wanting to cashout for some time.
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#15
Hotung can be defined as an investment holding company. However, it is focused on the venture capital segment. In this aspect, it is more difficult to appreciate and understand than traditional closed-end fund like UIS.

As there is limited analyst coverage on the company and Hotung is sitting on net cash (30% of book value is backed by cash and regularly conducting open market buybacks), there is little needs for Hotung to stay listed and try to engage in costly (? - really doubt that the company is trying anything at all) investor relationship effort.

Given all the typical characteristic of a delisting candidate - we just have to wait for the day that shareholders are shown the exit door.
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#16
(04-01-2013, 04:47 PM)greengiraffe Wrote: Hotung can be defined as an investment holding company. However, it is focused on the venture capital segment. In this aspect, it is more difficult to appreciate and understand than traditional closed-end fund like UIS.

As there is limited analyst coverage on the company and Hotung is sitting on net cash (30% of book value is backed by cash and regularly conducting open market buybacks), there is little needs for Hotung to stay listed and try to engage in costly (? - really doubt that the company is trying anything at all) investor relationship effort.

Given all the typical characteristic of a delisting candidate - we just have to wait for the day that shareholders are shown the exit door.

Hope not too soon if company still giving out good dividend.
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#17
Shareholders who are interested to find out more about Hotung and meeting the company management are advised to take a plane trip to Taiwan and check themselves in at the Taipei Landis Hotel. Its the Lady CEO's favourite place.

But do not expect much info, the taiwanese usually prefer to speak 1 on 1 than to address queries in front of a crowd.
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#18
(05-01-2013, 01:04 AM)propertyinvestor Wrote: Shareholders who are interested to find out more about Hotung and meeting the company management are advised to take a plane trip to Taiwan and check themselves in at the Taipei Landis Hotel. Its the Lady CEO's favourite place.

But do not expect much info, the taiwanese usually prefer to speak 1 on 1 than to address queries in front of a crowd.

Wow! U have spoken before? Can share? Big Grin
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#19
(05-01-2013, 01:04 AM)propertyinvestor Wrote: Shareholders who are interested to find out more about Hotung and meeting the company management are advised to take a plane trip to Taiwan and check themselves in at the Taipei Landis Hotel. Its the Lady CEO's favourite place.

But do not expect much info, the taiwanese usually prefer to speak 1 on 1 than to address queries in front of a crowd.

Hi property investor,
Appreciate that you share your views on this counter. Are you vested? Just curious?Cool

oinkoink
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#20
Market sale of 2,700 lots by Major shareholder, Tai Lung Capital Inc. Not a positive sign!!

http://info.sgx.com/webcoranncatth.nsf/V...7003CA4C5/$file/TaiLung20130118.pdf?openelement
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