Isetan lost S$3.1m last year as rents surged
Classic Value trap.
Very little div payout even when earnings were better as evident looking at their stash of cash. OPMI can just wait long long...
If you have spare cash to just dump and wait, maybe just someday it will do a revalue of properties or decide to do a bonus dividend. But given rising rents and slowing singapore economy, probably no upside catalyst in the short/medium term.
Classic Value trap.
Very little div payout even when earnings were better as evident looking at their stash of cash. OPMI can just wait long long...
If you have spare cash to just dump and wait, maybe just someday it will do a revalue of properties or decide to do a bonus dividend. But given rising rents and slowing singapore economy, probably no upside catalyst in the short/medium term.
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com