Sapphire    Last:0.047    +0.001

Sapphire - No.1 Active

Of course it is better to have direct stakes than indrect stakes...easier to control...

This also raises the EPS to 1.49 cents, thus meaning thereotically the stocks is worth at least 15 cents.

Also this may pave the way for a transfer to the mainboard .

 

yummygd      ( Date: 12-Apr-2010 14:53) Posted: ermmm so restructuring does it mean good or bad???read it makes no sense to me hahahahha they wanna divest some company right???n the point is??Why need to halt trading??good news or bad news??

 

So we go agm and ask or demand for dividend...ok?

renzokun      ( Date: 12-Apr-2010 15:15) Posted: hmmm, i dun mind half cent dividends, of course more is better..

 

hmmm, i dun mind half cent dividends, of course more is better..

 

ermmm so restructuring does it mean good or bad???read it makes no sense to me hahahahha they wanna divest some company right???n the point is??Why need to halt trading??good news or bad news??

 

Looking at the restructuring...does it imply Sapphire have a PE ratio of 1?

 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2BB86AC8EA0A71F848257703001D61A5/$file/Sapphire_TrisonicGroupRestructuringExercise.pdf?openelement

 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2BB86AC8EA0A71F848257703001D61A5/$file/SAPP-VTM-12Apr_PressRelease.pdf?openelement

 

Agreed, one cent is not too much to ask........ this is to reward loyal shareholders......

 

hahahahahahaha i agree ok give discount since money making compay 1 cent i also happy hahahhaa. even half cent also not bad

 

All SJ forumers who hold sapphire, do a petition ask for dividend just like the lionpacasia case..

i'm ok with 2c divy..hahha

 

thanks

 

AGM on 22apr10

 

when is their agm?? this company made so much profit why never think of giving dividend huh j/k. companies have to report their earnings every 3 months is it??

 

better be good news, otherwise they are going to face an orchestra at the impending agm.

 

i mean what are the chances for bad news??? close to zero right?? heart pum[ing how long will the H be ??

 

hmmm, better b good news..vested

 

wow fingers cross....... only have 60 lots but thats enough hahaha if it flies

 

yeah HALT!

hope its good news..

company making tonnes of $$ with its operations in commodity mining..

ozone2002      ( Date: 28-Feb-2010 18:32) Posted: i have 1,000 lots of this baby.. just waiting for the moment for it to shine now that it has become profitable with recurring income :)

 

This is a Singapore company with major investors from China : Sichuan Santong Mining 23.05% (one of the conglomerate in Sichuan)

Wang Jin, CEO Chuan Wei Group 13.87% (One of the Top 500 companies in China)

Sapphire holds 51% Special Steel, also related to Chuan Wei Group.

Cash at bank is $8.3 mil and loans to Trisonic amount $20.2 mil

Current ratio of 2.1

2 cents is definitely cheap for a company with net profit of $43.5  mil

 

hmmm, will try tis week if stl cn't get thn next week @0.02..