23-02-2014, 10:08 PM
Just chanced upon this counter while looking for undervalued stocks..
- Huge amount of cash
- 16% dividends (4+1 cents) based on 30 cents
- Revenue and profits seems to be dwindling year after year
- No mention of how they are going to revive or improve their current business? Just relying on acquisitions? (which brings me to the next point)
- Management seems to have certain acumen in investing/acquiring businesses
Will need to research deeper. Interesting history with all the legal tussle with sembcorp and 10c dividends, etc..
- Huge amount of cash
- 16% dividends (4+1 cents) based on 30 cents
- Revenue and profits seems to be dwindling year after year
- No mention of how they are going to revive or improve their current business? Just relying on acquisitions? (which brings me to the next point)
- Management seems to have certain acumen in investing/acquiring businesses
Will need to research deeper. Interesting history with all the legal tussle with sembcorp and 10c dividends, etc..