28-04-2014, 10:37 AM
(28-04-2014, 09:56 AM)greengiraffe Wrote: [ -> ](28-04-2014, 09:50 AM)CityFarmer Wrote: [ -> ](27-04-2014, 10:00 PM)greengiraffe Wrote: [ -> ]Boustead owns (or used to own) 100m shares of Hankore.
I think they may have sold off the shares given its strong performance this year.
Should my guess turn out to be true, Boustead may be able to sustain their record performance yet again for the year just ended. In which case, dividends could well be sustained at 5 cents + 2 cents special.
Vested
GG
I didn't manage to catch Boustead divestment on Hankore. May be Boustead isn't a SSH, so no announcement on its divestment.
How do you confirm the divestment from Boustead side?
(not vested in Boustead and Hankore)
Boustead owns a 100m shares in Hankore at a historical costs of 4 cents. That was many years ago. The amount is never a substantial stake and hence will never be reported as a transaction.
I am merely guessing on Boustead's position from the point of view as a shareholder since Hankore share price has jumped substantially for the year.
We will see when Boustead releases its final results next month.
Vested
GG
When they invested in the Hankore, they did announce.
I do think they should announce when they divested as well.
In any case, percentage wise, the gain is great (more than 100%).
But, amount wise, it doesn't really significant.
1-2 cent at most?