Broadway Industrial Group Ltd

[kbl]

8.5 Cents Specialial dividend.  37% of the last traded price 23 cents

http://infopub.sgx.com/FileOpen/BIGL%20-...eID=441688

Unfortunately, i dont see the excitement for this counter. They have sold of the crown jewels. The business remaining is loss making.
Now that all the news are out, existing shareholders will do well to sell into strength and not wait for the dividend.

If i am a betting man, i would place my bet on Broadway Industrial Group share price having the same fate as Neratel moving forward.

Good afternoon everyone.

Same fate as Neratel moving forward???  

Neratel nav 18.31c. Last done 40c.

Broadway nav 33.46c. Last done 21.5c.

 Please enlighten me, as to how you came to that conclusion? Thank you.