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http://www.sharesinv.com/articles/2012/02/17/second-chance-a-billion-dollar-company/Given Salleh’s track record, the goal of being a billion company
based on market capitalisation by 2022 does not seem impossible to
achieve. So wouldn’t it be good for investors to consider one of
investment guru, Warren Buffett’s investment criteria ‘Find CEO’s who
have a good and long track record’?
Meanwhile, DMG & Partners Research (DMG) in its recent research
report said that Second Chance’s business is expected to continue
generating stable operating cash flows in which would help sustain the
research firm’s FY12 forecast dividend yield of 8.2 percent.
DMG also believes that as Second Chance is serving a niche market,
therefore, its core retail operations would remain healthy even though
global economic uncertainties are casting shadows over consumer
sentiment. DMG maintained ‘Buy’ for Second Chance on the back of good
dividend yield and issue a dividend discount model based target price of
$0.53.
Fyi on the dividend record:
Dividend Fin Year End
$0.033 (to be confirmed in Oct 2012) 30 Jun 2012 (given bonus warrants already, valued at $0.031)
$0.042
30 Jun 2011 (included bonus shares)
$0.038 30 Jun 2010
$0.035 30 Jun 2009
$0.030 30 Jun 2008
Fyi on the dividend record:
Dividend Fin Year End
$0.033 (to be confirmed in Oct 2012) 30 Jun 2012 (given bonus warrants already, valued at $0.031)
$0.042 30 Jun 2011 (included bonus shares)
$0.038 30 Jun 2010
$0.035 30 Jun 2009
$0.030 30 Jun 2008
http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/252494587FEF085048257A5A0030ACA3?opendocumentDaily Share Buy-Back Notice by 2nd Chance
Date of Purchase: 14 Aug 2012
Total number of shares purchased: 527,000 (82% of today's volume)
42 cents here we go!!!
very pro-shareholder... bonus lah, share buy backs lah, now a massive 3.3 cents dividend coming in october.. a whopping 8 -9 percent return on current share price??? and all three in this year alone... in fact every other year also very generous....haiz...where to find this kind of company.,..hope you prosper Second Chance!!!
http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/7F49CECFC33A95F448257A59002F1046?opendocumentOh man ! Another share buy back today !
Daily Share Buy-Back Notice by 2nd Chance
Date of Purchase: 13 Aug 2012
Total number of shares purchased: 3,043,000 (97.6% of today's volume)
Something's brewing ... and what is that ?
yesss!!! hopefully ...more...:)
1234567 ( Date: 12-Aug-2012 14:14) Posted:
39cts by end of the next week ?  |
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39cts by end of the next week ?
something's brewing ....?!! good...
http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/68DD8124B3510FFA48257A56003068D6?opendocumentShare Buy-Back by 2nd Chance on Aug 10 2012: 940,000 (77.8% of today's volume).
Something's brewing here ....
today's close: 0.385cts ...
joint venture with some other company ... for developing private housing soon? Me ... not sure ! Just speculating only !
u kidding? just highlighting... up to a person to buy or not... that was not very nice of you ....
oceangull ( Date: 06-Aug-2012 23:24) Posted:
| STI is rising, yet this stock is not moving in the same direction. Is Tea444u trying to sell us his stocks with his logic?
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STI is rising, yet this stock is not moving in the same direction. Is Tea444u trying to sell us his stocks with his logic?
3.3 CENTS DIV COMING SOON.....more than 8 percent return...coy intends to maintain its high div policy ...take note take note.....
hmmm actually I think those shares with hefty dividends expected may not drop as much SHOULD your guts be right...i mean just look at today...so many buy ups... ... on the other hand i also feel prices may start to creep up already... it was really great to see how the coy supported its share price this morning.... shows they believe this coy is fit for higher prices... just an opinion.... also ...one thing when a market falls, not all stocks fall...then there is the problem of never being able to predict market direction...no one has done so so accruately 100 percent of the time.
2nd chance bought 50% of today's volume .. amazing! Vote of confidence !
Well, I'm holding on to the following shares. I have a gut feeling the market will go crash after the London 2012 Olympics. Just like what happened after the Beijing 2008 Olympics !
sia - losing money! Thought of keeping it even if the market crash !
sheng siong - thought of getting rid before the xd.
cerebos - there's an exit offer to delist recently. No worry on this share.
2nd chance bonus warrant - thought of getting rid by next week but reluctant ! We shall see!
2nd chance - have been keeping for almost 3 years. Thought of keeping it even if the market crash !
tea444u ( Date: 03-Aug-2012 21:10) Posted:
| wow yu must be holding a lot... btw do u trade other shares? for now i am out... |
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I wrote to the company as well.. apparently quite a number of investors were confused by the latest report and sold off their shares this morning. 2nd Chance took the chance (sort of) to buy back 3k+ lots of shares. Good that the dividend (to be declared) is still intact.
also another query...as i noted you haf had this share for quite a while... this my first time...i was wondering about its behaviour xd? good to see the coy's aggressive buy back today....
1234567 ( Date: 03-Aug-2012 21:08) Posted:
| If they annouce 3.3cts dividend in Oct 2012, another S$10K dividend for me ... |
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wow yu must be holding a lot... btw do u trade other shares? for now i am out...
