
That's because its a unique counter which they do not know how to rate?
ktlow08 ( Date: 15-Apr-2008 15:05) Posted:
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Time to wake up ! up all the way !!!
Cityspring has already completed the acquisition (100Pct) of Baslink months ago! Cheers!
News in the sgx reports
Trying to buy baslink
May issue more shares if price is ok
OCBC Securities reported on 8th April on Citispring:
8.8% dividend, 10% discount to NAV, 19% discount from IPO... but "not rated" yet
limhpp ( Date: 15-Apr-2008 08:37) Posted:
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thanks for the info limhpp... payday on 14th... :) kopi $$
Waiting and waiting for 0.70 .................
Dividends payout since it is listing........
Dividend Summary | ||||||||||||
Ex-Date | Payable Date | Amount | ||||||||||
2008-02-25 | 2008-03-14 | SGD 0.016 | ||||||||||
2007-11-26 | 2007-12-14 | SGD 0.016 | ||||||||||
2007-08-27 | 2007-09-14 | SGD 0.015 | ||||||||||
2007-05-25 | 2007-06-15 | SGD 0.008 |

I tot the dividends is paid quarterly. Therefore it was 1.6c each quarter. Cheers!
PS. maybe that will make soloman more happy now..hehehe.
Hi soloman, where did you get this piece of news? Thanks.
soloman ( Date: 14-Apr-2008 20:17) Posted:
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If they can pay 1.6 cts DPU every year, I would be happy already
Problem now is they want to raise shares for DPU to go to 1.7 and above
But current weak share price prevents that from happening
Same as asking 'Why CEOs are paid millions to run and manage Companies?' Cheers!
How come cityspring pay 66m for management fee last year???? this is not logic at all...
But the profit like ikan bilis .... few like buy at current level....
Same for me... It is paying dividend every 3 months... All the best for this counter...
I have been loading up this at 70 cts for my future retirement portfolio
Basically good stock with Temasek backing

wow 73 cents now....very tempting...
At the current price, the dividend is about 8.7%. Isn't it wonderful? Loading up soon at 0.700, about 9.1% return.