(29-10-2013, 04:51 PM)High Wrote: [ -> ]Dear All...
Have Faith in that man
He will take us to the promised land.
This is the man who tried to enter the promise land alone himself
If not for Keppel my guess is that the rest of us will be wondering for next 40 years
GKB is made of 3 k1 substantial shareholders.
K1 reported a strong Q1 performance thanks to the listing of K12. Receipt
of 426,846 common shares of K12, Inc. valued at approximately $19.7 million.
No dividend announced for Q1 as usual but probably on track of distributing another 1 ct in Q2....
2014 Q1 Result
mkt price for K12 is USD 17.90.
k1 stake is about SGD 9.55m now.
https://www.google.com/finance?q=NYSE:LR...CDUQ2AEwAA
k1 may not sell now. Anyway, 0.5 to 1 cents dividend possible.
HK IPO market quite hot. Hopefully, CGA can list at good valuation early next year.
http://online.wsj.com/news/articles/SB10...3893189982
China Grand Automotive Services Co., in which U.S.-based private-equity firm TPG Capital has a stake, is planning to raise $500 million to $800 million in a Hong Kong initial public offering in the second quarter at the earliest, people with a direct knowledge of the deal said Monday.
Hopefully K1 can unlock its investment in CGA at a good price....
No div in Q2, Mr market showed his temper....
Mr Market is expecting a div meh??? k1 did not sell anything also...
(11-02-2014, 09:44 AM)opmi Wrote: [ -> ]Mr Market is expecting a div meh??? k1 did not sell anything also...
It dropped 6% today, sure Mr. Market was disappointed....
whoever is selling sure don't know the business of
K1. No divesting no div.
(11-02-2014, 11:38 AM)opmi Wrote: [ -> ]whoever is selling sure don't know the business of
K1. No divesting no div.
Do you think it's a good chance to buy on weakness?