Wing Tai Holdings

[SLC81]

I'm expecting the company to pay 5 cents dividend or more which consist of normal dividend of 3 cents and special dividend of 2 cents.

Wing Tai full year 2011 result is out!! Dividend of 7 cents instead of 5 cents.

NAV: $2.64
EPS: 40.3 cents
Price/book value (i.e based on current price of $1.255): 0.51

Let's see if Cheng Wai Keung will resume purchase of Wing Tai share at current price!!

See the following for more detail:
http://info.sgx.com/webcoranncatth.nsf/V...B0031BFE8/$file/FY2011Results.pdf?openelement

Wingtai's balance sheet is also much stronger comparing to other high-end property developer for instance SC Global.