Hotung Investment (和通）

hello everyone, new to this forum and found this thread discussing Hotung, which happens to be on my watch-list. any thoughts about the company? from a dividend-play perspective, current price of sub S$0.15 seems pretty attractive.

Company share buyback:

24 Feb: 2,391,600 shares @ 0.151
25 Feb: 2,067,500 shares @ 0.150 ~ 0.152
26 Feb: 713,500 shares @ 0.151
2 Mar: 218,900 shares @ 0.151
9 Mar: 1,393,000 shares @ 0.149
11 Mar: 135,700 shares @ 0.149

Accumulated share buyback: 6,920,200 shares

Company share buyback:

24 Feb: 2,391,600 shares @ 0.151
25 Feb: 2,067,500 shares @ 0.150 ~ 0.152
26 Feb: 713,500 shares @ 0.151
2 Mar: 218,900 shares @ 0.151
9 Mar: 1,393,000 shares @ 0.149
11 Mar: 135,700 shares @ 0.149
16 Mar: 602,600 shares @ 0.149 ~ 0.151
17 Mar: 120,500 shares @ 0.150

Accumulated share buyback: 7,643,300 shares

Wow and the share price is not moving up at all. Looks like its being traded among the insider.

sent from my Galaxy Tab S

Company share buyback:

24 Feb: 2,391,600 shares @ 0.151
25 Feb: 2,067,500 shares @ 0.150 ~ 0.152
26 Feb: 713,500 shares @ 0.151
2 Mar: 218,900 shares @ 0.151
9 Mar: 1,393,000 shares @ 0.149
11 Mar: 135,700 shares @ 0.149
16 Mar: 602,600 shares @ 0.149 ~ 0.151
17 Mar: 120,500 shares @ 0.150
24 Mar: 18,400 shares @ 0.149

Accumulated share buyback: 7,661,700 shares

with the stock market in china and hk going crazy, Hotung will likely benefit in the short term. Will it ride the crazy wave up though?

Hotung got investee companies ever listed in HK and PRC markets before?

Company share buyback:

24 Feb: 2,391,600 shares @ 0.151
25 Feb: 2,067,500 shares @ 0.150 ~ 0.152
26 Feb: 713,500 shares @ 0.151
2 Mar: 218,900 shares @ 0.151
9 Mar: 1,393,000 shares @ 0.149
11 Mar: 135,700 shares @ 0.149
16 Mar: 602,600 shares @ 0.149 ~ 0.151
17 Mar: 120,500 shares @ 0.150
24 Mar: 18,400 shares @ 0.149
15 Apr: 280,000 shares @ 0.154

Accumulated share buyback: 7,941,700 shares

(14-04-2015, 01:50 PM)opmi Wrote: Hotung got investee companies ever listed in HK and PRC markets before?

Too lazy to go look at all the past reports and announcements but

From this year's AR 2014:

"Total IPOs in Taiwan Stock Exchange and OTC market dropped from 58
listings in 2013 to 50 in 2014. While 6 companies from Hotung’s portfolio listed in 2013, only 3 companies listed in 2014."

Looks like they invest in those startups and do listing on taiwan exchanges once the business becomes big enough to get listed. So probably not so likely to have company IPO in CHina/HKSE even though there are significant number of companies from china in their portfolio.

From the BoD looks like daughter is Chairwoman and company being passed on to her by dad who is still in control of the Tai Lung Capital which is the top Hotung share holder.

Any one vested? I entered 4000 shares at 0.152