really swee.....looking forward to some shopping spree during this hot summer
huat ah
Wah so much dividend, more like capital reduction leh
via XperiaZ1 with tapatalk
(14-06-2014, 01:04 AM)BlueKelah Wrote: [ -> ]Wah so much dividend, more like capital reduction leh
You have raised an excellent and very valid point.
i hope to get some shares below 20 cents today but i think it is not going to be easy
Some possibilities, including.…
(1) disposal of 1 or more of its investment properties, which should bring in gains and add to equity and cash.
(2) RTO by a local or foreign private group.
Maybe admin can help to change the thread name as the company name is change from Transview to Transcorp
(16-06-2014, 02:25 PM)Harvest Time Wrote: [ -> ]Maybe admin can help to change the thread name as the company name is change from Transview to Transcorp
Done.
Regards
Moderator
I think Transcorp is a possible RTO candidate. But timing may be too soon. Possible in very near future.
Trancorp has $31.439m cash.
1) It has $2.8m in escrow account
2) $27.033m in cash and
3) $1.606m as short term deposit.
Maybe the news is partial capital reduction and dividend or other news, if it is RTO news, I am surprise by the timing.
Share capital per share is 10.34 cents. Hence cannot be just capital reduction alone as it is going to pay 15 cents.