Post Reply
601-620 of 631
The company's main line lor--68414898. Press "0" to speak with operator. Say her voice sounds like Faye Wong. Ask her to put you to company secretary Darren Chan or something like that. Faye Wong will say Darren not in S'pore, how can she help you. Say you are puzzled about something in the latest 1/4ly report and need her help. She will put you through to finance department. The person i/c will KPKB and say, "YES, 4cents, not 0.4cents. KNN the whole day, I just answer this type of phone call!"
BTW, look at the said report closely, especially the EPS and NAV parts, they also used the same "$X.XXcents" method.
Vested.
august ( Date: 15-May-2009 11:32) Posted:
|
Hi DnApeh,
I tried calling the company, but was either unable to get thru' or unable to get a live person to talk to me. What number did you dial and who did you speak with. Do love to be in contact with them , for a confirmation. Looks like a good deal if all things are true.
Thanks,
So there you have it.. 4c
Excellent!! lots of room to move. 1st move is when cd comes
2nd move is when coy potentially announces corporate moves given resolutions for shareplacement and rights issues approved at the AGM with support from founder. In my opinion, a buyer is probably in the wings waiting......... BB action defintely in this counter judging from today's volumn and trade patterns.
DnApeh ( Date: 14-May-2009 22:44) Posted:
|
i did.
4cents
pointer ( Date: 14-May-2009 10:19) Posted:
|
F1nGolf,
Co paid 6c in Dec 08 in the form of cap red. Now, declare 4c div.
Anymore payout???? ...... who knows?
For me, I would look at it this way.
1. Co. is profitable....hope it remains so....then cash horde will not burn.
2. Assume cost is 9c. After 4c payout, cost is 5c.....but this 5c is still backed by 8c cash. (current cash is 12c per sh). This is a 37% disc on cash. If you can pick it up at 8c, then your disc on cash is 50%.
If this is within your risk/reward profile, then you may want to invest. If not, then put your $ elsewhere.
But as Victorian2 said, cd has not been announced........ historically, when this is announced, prices may react further.
I agree with your logical and reasonable analysis. Do you see a chance of further dividend based on point 2 i.e. not needing more working capital ? Were you at the AGM ?
shplayer ( Date: 14-May-2009 17:26) Posted:
|
You guys are jokers....spend whole day trying to find out if div is 4 c or 0.04 c........the difference is a factor of 100x.
Look at the logic:
1. As of 31 Dec 08, Co was sitting on 11c per share cash....CLEAN....which means its current assets less Cash (i.e Inventory and Receivables) more than covers current liabilities (Payables and short term loans.
2. During AGM, chairman declared that Co. does not expect much growth, if any, in their business....=> no need for more working capital.
3. Shareholders were pressing for return of excess cash.
If divident is 0.04c then the return of cash is only 0.36% of the cash.....it would be an insult and not giving face to shareholders demands.
4c would make it 36%......which is at least a reasonable payout.
oinkoink1999 ( Date: 14-May-2009 13:35) Posted:
|
Don't be idle.
Call the company and check lah. :)
bought 100lot for fun. =) hope it will rise rise rise.
cheers
wow. your purchases is more than today's total volume for Achieva,.. so you are the BB , huh ?
When will they announce the dividend ? Looking forward to an cd on the counter
I am in. Cash in bank $61,866,000. Total number of shares 520,025,000.
You do the maths. :)
haha..i just checked with my Finance colleague..
if it states $0.04 it means 4cents
if it states 0.04cents it means 0.04cents
but the report mentioned $0.04cents then i dunno liao...
$1. means $1000
if its 1 cents, it means $10.
So coys use different ways to announce
So if coy uses $... then $0.04 means $40 or 4 cents
If they use cents, then it's 0.04cents
So it is obvious it is a type : $0.04c could mean anything byt judgeing from the reaction of the market & the market is never wrong, it pretty obvious it's 4c.
The price has been creepting up from 6c to 8 cents yesterday... so obviously t the insiders were expecting the 4c divi. Patterns always the same for yield plays.
The major play is when they announced the payout date... then we'll see some big moves.
market in this day of a bear market should price in a yield of about 20% for safety reasons...so going by a yield of 20%, full value is 20c... but to sustain that price, the market must have something major from the coy.....
so this counter is interesting from that perspective.
Saw their results, 1st Q better than their last year 1st Q. 2.1m profit. Very decent. Postive cashflow of 6m.. so cash in the bank is 12c or 64m. Bloody cash rich coy......
freeme ( Date: 14-May-2009 11:43) Posted:
|
aiyo read carefully... $0.04 that means 4c.
if there is a typo $0.04c... then that is really screwup on their part. hahahaha maybe delieberate?? to confuse. hahaha
but the announcement state 0.04cents leh.. not 4.00cents
big throwdowns....to keep price from running up too much.
current block price/sell volumn as follows. all big lot sells. classic BB tactics
10c: 2m sell
10.5m 2.8m sell
11c: 1.1m sell
above then... insignficant sell vol.
Accumulation today is 9c to 10c
I'll give running commentaries on this counter since I'm vested anyway
victorian2 ( Date: 14-May-2009 11:33) Posted:
|
aiyo... so fast??? 4cents lah.
Confirm. was at the AGM too so know what's going on.
0.4c where got this kind of reaction from the market???