| Latest Forum Topics / Hong Fok Last:0.96 -- |
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Technical Analysis-Seasonal Trend
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TikTalk
Supreme |
09-Mar-2023 11:53
Yells: "Anyone miss me?" |
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Will they resume share buy-back soon? | ||||
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finjungle
Veteran |
09-Mar-2023 11:30
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Hello Tankoksee You are such a brillant investor! How I wish there are more  investors of your calibre. I would like to reiterate again - the Cheongs pay themselves handsomely based on UNREALISED NON-CASH revaluation gains from which they don' t have to even lift a hand to work but are being paid in CASH (yes,CASH). SIAS and the authorities are NOT looking at this. The IDs are blinded and the auditors simply cannot understand that CASH is paid out of NON-CASH gains.  
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tankoksee
Supreme |
09-Mar-2023 10:00
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highly suspicious...true nta must be much much lower... kinda sham valuation for insiders to get more banks loans to pay high directors/families/ relatives fees, salaries n bonuses..sorry for the rest..
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TikTalk
Supreme |
09-Mar-2023 09:47
Yells: "Anyone miss me?" |
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Thats one way of looking at it. But that value could still be undervalue, I dunno is what I am saying. All these privatisation talk are just speculation and nobody know. If it happen then those rumour  monger will look good but like I have been saying many speculations for many years lor. Wakakaka
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Ftyeng
Senior |
08-Mar-2023 15:54
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Correct. However, it   is still possible for them to privatise by borrowing voting rights.   Current borrowing interest rate is 2% with SGX getting 30% of the 2%.   See  https://www1.cdp.sgx.com/sgx-cdp-web/lendingpool/show  . I lost patience and switched to another 5-10x speed dividend stock. Good luck to those waiting for miracles to happen.   Best case scenario is they sell one or two assets and give out special dividends. |
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yuhanooi
Member |
08-Mar-2023 15:50
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Ya, good point there. But may be revaluation exercise is a necessary condition. Hoping against hope....hehe
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Bigprofit
Member |
08-Mar-2023 15:40
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It does not make any sense to jack up the NAV if privatisation is on the cards, does it? | ||||
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desmondxyz
Veteran |
08-Mar-2023 15:01
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Finally i see someone who is still awake.....
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finjungle
Veteran |
08-Mar-2023 14:19
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Only 1% dividend?? When the management paid themselves handsomely with inventives calculated on UNrealised/non-CASH reveluation gains. They are using CASH in the bank to pay themselves with NO inflow from these revaluation gains. So one looks at privatisation? Hopeful?? of course NO. With big amount of borrowings would the Cheongs shift these from the Company to their PERSONAL accounts??? One can only hope and pray
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Ftyeng
Senior |
08-Mar-2023 13:18
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At least dividend right now is above 1%. | ||||
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Ftyeng
Senior |
08-Mar-2023 13:12
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Hee hee heem those still believe in it and can still afford to wait can buy more right now, now trading (08Mar2023 1310) at $0.97-$0.975.  | ||||
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tankoksee
Supreme |
08-Mar-2023 11:57
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WTF............![]()
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mrwise
Supreme |
06-Mar-2023 22:41
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hahaha.....u cant even wait awhile more.... Congrats for those on board.... More Big Bosses coming in......  
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unclebond
Master |
06-Mar-2023 19:07
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I am switching some of my HF portfolio to Yanlord Land, China property company. Giving 6.8 cents dividend. Currently at 94.5 cents. 
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Ftyeng
Senior |
06-Mar-2023 18:58
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What came?   Price still worse than 1-2 days before latest financial report release? If sell now, still must incur transaction fees   If dont sell, yearly get only $10/lot which is around 1% but inflation is 5.xx%. A similar company with more assets to manage pays 3.xxz% dividends and CEO makes less than 1 million.
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ChinBeng
Member |
06-Mar-2023 16:10
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Huh! Alamak! So fast come already? Dun like that leh! After 4.30 can
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ChinBeng
Member |
06-Mar-2023 15:53
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Today looks like want to come want to come like that. If want to come dun come so early. Always come early very fast boh lat one. After 4.30 then come. Can ? Ok huh ! |
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mrwise
Supreme |
06-Mar-2023 00:03
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Already got high buying from Big Bosses.... Wait for good news.....
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tankoksee
Supreme |
05-Mar-2023 23:54
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$1.20 this week?![]()
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Ftyeng
Senior |
05-Mar-2023 07:29
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This may be of some interests to some of you: [Minutes of AGMs from 2019] :  http://hongfok.listedcompany.com/minutes.html  . Take note that the total no of shares as listed in AR2021 page 122 is  843,561,940  .   You may need to factor this when calculatng percentage of voting-right shares casted at last AGM.   Some of our concerns were mentioned in previous AGM/s. |
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