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17-07-2012, 09:51 PM
Well, take the BIG UPCOMING corporate development at SAH and by extension New Toyo as a good chance for Mr Market to realize the full potential of New Toyo 
Mark my word
Mark my word
(17-07-2012, 04:21 PM)Underdogger Wrote: think of it this way...
how do stocks normally behave?
Once special dividend is declared, the share price will be higher by the amt of dividend declared.
Today price = 28 cents
Special dividend = 12 cents
Cum-dividend share price = 40 cents.
NAV of New Toyo (with 34% SAH stake) = 36.5 cents.
Tye Soon with NAV of only 21 cents shot up from below 20 cents to 30 cents when only 5 cents of special dividend is declared...
Mr Market does not really care about NAV. Shares can trade way above NAV or way below NAV like a lot of S-chips.
NAV 50, 60 cents but trading at only a few cents..plenty out there
(16-07-2012, 04:17 PM)Stockerman Wrote: New Toyo NAV is only 28 cents, excluding SAH.
Is New Toyo mis-leading investors in its annual report by still including SAH NAV ?
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