ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

any news triggering the spike in Koyo price and volume today? Is their MD cleared of wrongdoing?

Half year result alongside with contract win announcement.....

1) Still in black but nothing to shout about
2) Net cash 7.5cts/share, share price closed at 5.1cts on Friday
3) Order book at $35.8mils to be completed from 2016 to 2021
4) No update on the investigation of MD

http://infopub.sgx.com/FileOpen/KIL%20Ha...eID=415982

http://infopub.sgx.com/FileOpen/Announce...eID=415983

Cash is probably there but if they are just going to pay themselves handsomely with peanuts dividend, cheap just gets cheaper.