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Ocean Sky Intl    Last:0.026   -

Interim Dividend of 13 cents

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gavinl
    28-Aug-2013 11:11  
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Did you guys noticed that whenever 0.310 is being buy up,another fresh queue to sell at 0.310 appear?
 
 
Octavia
    28-Aug-2013 11:00  
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Seemed to be holding well at 30.5c.More buying than selling from market depth.
 
 
KepoChicken
    28-Aug-2013 07:54  
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Pls la... Play share ... no ppl talk abt logic la.

i.e. Blumount share now ( yesterday 1.84 highest) even higher than genting singapore and few mths back this share only 0.1

you got say logic?

I create this forum... this share only 0.20 and some one here already say after dividend paid it will cut the share price by 13 cents become 7 cents...

with dividend of 13 cents + proposed business acquisition + fund raising... this share now hardly drop.

those shortist if want to try luck.. can be killed easily as the player for this couter is not alot.  

Tipster789      ( Date: 28-Aug-2013 02:16) Posted:



logic . someone talks about logic. let's talk about logic then.

share price : 30 - 33 cts

dividends : 13 cts per share

% yield : more than 30%

this thing is OPEN, if so good, think all the tycoons, banks, global sovereign funds, fund management companies and even Mr Warren Buffet will rush in here to buy up this share. Within 2 wks can get INTEREST more than 30%. WHERE to find ? Right ? : )

So, say I saw this news, I excited, market opens I choped at 39 cts (dividends still 13 cts...WAAAAA....so goooood .....33% interest gains....SHIOK SHIOK).......5 Sep (Ex dividend).....i have 1 mil shares, they pay me $ 130 K . very shiok.

When market opens on 5 Sep, share price still 30++ cts ?  If share price becomes 10 cts, you get 13 cts, you still lose 16 cts per share.

So, those who bought below 25 cts , should be quite SAFE.

It seems like company CASHING-OUT ? Selling assets for CASH and company becomes " more empty" ?

HONESTLY, I dont know - all we can do is to anyhow guess tikam tikam act smart lor. 







 

 
Tipster789
    28-Aug-2013 02:16  
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logic . someone talks about logic. let's talk about logic then.

share price : 30 - 33 cts

dividends : 13 cts per share

% yield : more than 30%

this thing is OPEN, if so good, think all the tycoons, banks, global sovereign funds, fund management companies and even Mr Warren Buffet will rush in here to buy up this share. Within 2 wks can get INTEREST more than 30%. WHERE to find ? Right ? : )

So, say I saw this news, I excited, market opens I choped at 39 cts (dividends still 13 cts...WAAAAA....so goooood .....33% interest gains....SHIOK SHIOK).......5 Sep (Ex dividend).....i have 1 mil shares, they pay me $ 130 K . very shiok.

When market opens on 5 Sep, share price still 30++ cts ?  If share price becomes 10 cts, you get 13 cts, you still lose 16 cts per share.

So, those who bought below 25 cts , should be quite SAFE.

It seems like company CASHING-OUT ? Selling assets for CASH and company becomes " more empty" ?

HONESTLY, I dont know - all we can do is to anyhow guess tikam tikam act smart lor. 






 
 
interfact
    28-Aug-2013 00:17  
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Likely the market  will sell on news.

Octavia      ( Date: 27-Aug-2013 22:23) Posted:

NOTICE IS HEREBY GIVEN THAT the Share Transfer Books and Register of Members of the

Company will be closed on Thursday, 5 September 2013 for the purposes of determining shareholders?

entitlements to the one-tier tax-exempt Interim Dividend of 13 Singapore cents per ordinary share (the

?Dividend?) for the financial year ending 31 December 2013, and for the preparation of dividend

warrants.

Duly completed transfers received by the Company?s Share Registrar, Boardroom Corporate &

Advisory Services Pte. Ltd., at 50 Raffles Place, Singapore Land Tower, #32-01 Singapore 048623, up

to 5.00 p.m. on Wednesday, 4 September 2013 will be registered to determine shareholders?

entitlements to the Dividend.

Shareholders (being Depositors) whose securities accounts with The Central Depository (Pte) Limited

are credited with ordinary shares as at 5.00 p.m. on 4 September 2013 will be entitled to the Dividend.

The Dividend declared will be paid on Thursday, 12 September 2013.

BY ORDER OF THE BOARD

Chia Yau Leong

Company Secretary

27 August


WanSiTong      ( Date: 27-Aug-2013 17:54) Posted:



13c Dividend

  Record date : 4/9

Payment date : 12/9


 
 
tea444u
    27-Aug-2013 22:35  
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who they raising money from? Us?

veliscorin      ( Date: 27-Aug-2013 18:25) Posted:

Tricky thing is, why the need for fundraising...? I doubt the 13c will raise the share price alot higher than today's closing. This 13c should be already factored in when they released their results few weeks back. I may be wrong, it might be still possible to chase, but like the game of musical chairs, make sure you are not the last man standing! 

 

 
Octavia
    27-Aug-2013 22:23  
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NOTICE IS HEREBY GIVEN THAT the Share Transfer Books and Register of Members of the

Company will be closed on Thursday, 5 September 2013 for the purposes of determining shareholders?

entitlements to the one-tier tax-exempt Interim Dividend of 13 Singapore cents per ordinary share (the

?Dividend?) for the financial year ending 31 December 2013, and for the preparation of dividend

warrants.

Duly completed transfers received by the Company?s Share Registrar, Boardroom Corporate &

Advisory Services Pte. Ltd., at 50 Raffles Place, Singapore Land Tower, #32-01 Singapore 048623, up

to 5.00 p.m. on Wednesday, 4 September 2013 will be registered to determine shareholders?

entitlements to the Dividend.

Shareholders (being Depositors) whose securities accounts with The Central Depository (Pte) Limited

are credited with ordinary shares as at 5.00 p.m. on 4 September 2013 will be entitled to the Dividend.

The Dividend declared will be paid on Thursday, 12 September 2013.

BY ORDER OF THE BOARD

Chia Yau Leong

Company Secretary

27 August


WanSiTong      ( Date: 27-Aug-2013 17:54) Posted:



13c Dividend

  Record date : 4/9

Payment date : 12/9

 
 
veliscorin
    27-Aug-2013 18:25  
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Tricky thing is, why the need for fundraising...? I doubt the 13c will raise the share price alot higher than today's closing. This 13c should be already factored in when they released their results few weeks back. I may be wrong, it might be still possible to chase, but like the game of musical chairs, make sure you are not the last man standing! 
 
 
KepoChicken
    27-Aug-2013 18:24  
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YEs.. agree with you...

hope RTO and invest in Iskandar project 

chinton86      ( Date: 27-Aug-2013 17:44) Posted:

I believe will be a Reverse Take-Over. Give out all the moneies, sell all the assets, then print new shares placement to someone and do a RTO

 
 
WanSiTong
    27-Aug-2013 17:54  
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13c Dividend

  Record date : 4/9

Payment date : 12/9
 

 
tea444u
    27-Aug-2013 17:48  
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ic... i guess it wd be stg to do with construction a nd property?

chinton86      ( Date: 27-Aug-2013 17:44) Posted:

I believe will be a Reverse Take-Over. Give out all the moneies, sell all the assets, then print new shares placement to someone and do a RTO

 
 
chinton86
    27-Aug-2013 17:44  
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I believe will be a Reverse Take-Over. Give out all the moneies, sell all the assets, then print new shares placement to someone and do a RTO
 
 
tea444u
    27-Aug-2013 17:38  
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oh no they asked for money to raise cash??? i dont understand then why gib so high cash away in the first place??? sian...donno what to make of it...
 
 
KepoChicken
    27-Aug-2013 17:23  
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Harlo...

be logic a bit la..

if you are shareholders... I say I give u 13 cents.. dividend..

then u say i dun want ... I want to kept the money in the co..

funny right..? 

Tipster789      ( Date: 27-Aug-2013 17:08) Posted:



and 1 more thing :

proposed to declare dividends. not 100% confirmed yet.

if suddenly they vote to veto it, share price will go diving.

 
 
gavinl
    27-Aug-2013 17:20  
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Well, for this point, i still think the dividend is quite confirmed. If not, their reputation will be bigger hit than the share price.

Tipster789      ( Date: 27-Aug-2013 17:08) Posted:



and 1 more thing :

proposed to declare dividends. not 100% confirmed yet.

if suddenly they vote to veto it, share price will go diving.

 

 
Tipster789
    27-Aug-2013 17:08  
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and 1 more thing :

proposed to declare dividends. not 100% confirmed yet.

if suddenly they vote to veto it, share price will go diving.
 
 
WanSiTong
    27-Aug-2013 17:00  
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joseeng
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27-Aug-2013 15:47         About joseeng         Contact           Quote!                
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  ocean sky immediate resistance at 34.5c, followed by 38-38.5c......pls trade with caution as i dun understand why they need to raise funds and at the same time declared such high div......sounds weird to me.......my 2c
 
 
Tipster789
    27-Aug-2013 16:47  
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ocean sky sells this sells that (in HK) seems like 1 obvious thing : to CASH OUT ?

very dangerous. when something is too good to be true, be careful lor.


 
 
gavinl
    27-Aug-2013 16:43  
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Apologies. What i meant is the max price before dividend.

gavinl      ( Date: 27-Aug-2013 16:41) Posted:

Well said. Fair price should be around 0.32 to 0.34 max.

Tipster789      ( Date: 27-Aug-2013 16:37) Posted:



too good to be true. 

even blue chips dont pay such high % yield dividends. 

Once ex-dividends, share price may drop to below 15 cents.

Big Shareholders win-win : can sell shares at high price, can short - sell , + get cash from dividends.

those who bought earlier ok. but those who bought 32.5 cts very very dangerous.


 
 
gavinl
    27-Aug-2013 16:41  
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Well said. Fair price should be around 0.32 to 0.34 max.

Tipster789      ( Date: 27-Aug-2013 16:37) Posted:



too good to be true. 

even blue chips dont pay such high % yield dividends. 

Once ex-dividends, share price may drop to below 15 cents.

Big Shareholders win-win : can sell shares at high price, can short - sell , + get cash from dividends.

those who bought earlier ok. but those who bought 32.5 cts very very dangerous.

 
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