Roxy-Pacific   

Something is cooking up in this Roxy. Reasons :

Looks like a tomb here. I guess nobody is vested in this counter. Volume has been very low and showing lack of interest.

 

Does anyone know why this stock was so low 2-3 months ago at 25 cents and has now risen to over 60 cents?  

 

80% of profit will be pay out as dividend?

PrimusSam027      ( Date: 28-Jan-2013 13:15) Posted: 1. think management said about 80% of profits to pay as dividends ? 2. possible M& A (may switch from residential to mid-range class HOTELS business) 3. Roxy Property in Marine Parade worth hundreds of millions. 4. Acquired lands at low costs many years ago.

 

: ) Chinese Saying : " Here has no gold 300 tales "  

After I post this comment, some sold at $0.605. most probably some management staff who uses 0.00000001% of their shareholdings to do so so that 'not ttoo obvious'. RIGHT ?

 

1. think management said about 80% of profits to pay as dividends ?

2. possible M& A (may switch from residential to mid-range class HOTELS business)

3. Roxy Property in Marine Parade worth hundreds of millions.

4. Acquired lands at low costs many years ago.

 

 

 

1. Fragrance tycoon Koh 's wife bought quite a lot at $0.565

2. after that Roxy CEO ? bought some at $0.59 - $0.595

3. Low volumes can already drive up the price , if volumes increase price UP will be enormous