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MFG going to announce 3.5 cents dividend in Aug.. Post Reply Rate topic
NotAnNSF Member	20-Aug-2020 09:54        NotAnNSF About Contact  Quote this Post!
x 0   x 0  Alert Admin	3.5 cent dividend news for lunch?
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lukewong82 Master	17-Aug-2020 15:01        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	$8.5M kept with ICBC escrow account.. will be released to mfg on thursday..  This amount is not recognised as asset yet as it is in escrow. But once is released, NTA of company will rise to 14 cents. Then 3.5 cents will be distributed as dividend. NTA after distribution remains as 10.32 cents ashish      ( Date: 17-Aug-2020 14:55) Posted: Sorry, just wish to know how you that they will pay 3.5 cents dividends
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ashish Member	17-Aug-2020 14:55        ashish About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry, just wish to know how you that they will pay 3.5 cents dividends
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lukewong82 Master	17-Aug-2020 11:33        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This thusday they will be annoncing the 3.5 cents dividend :)
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lukewong82 Master	14-Aug-2020 11:01        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	looks like interest in this counter is gathering.. next thursday announces 3.5 cents, this will go to 11 cents at least
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lukewong82 Master	14-Aug-2020 09:44        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next Thursday they will announced the $8.5 million dividend equivalent to 3.5 cents dividend , share price 9 cents right now,. NTA not including dividend is 10.32 cents cash + property valued at book value which is the value bought many years ago and market value is much higher than book value.   wiltay      ( Date: 13-Aug-2020 16:16) Posted: so good 3.5cts dividend but why this counter giving so good dividend..make huge profit this coming announcement? lukewong82      ( Date: 13-Aug-2020 16:09) Posted: ya.. next thursday going to announced .. if 3.5 cents, then huat liao cos the NTA is 10.32 cents and almost all is cash + their yishun industrial property valued at book price .. the actual market price is way higher. So the real NTA should be 13 cents. Then this 3.5 cents is NOT counted into their NTA becos it is held as Escrow. So if u buy at 9 cents means after getting 3.5 cents, ur costs is 5.5 cents for a company with real NTA of 13 cents cash + industrial property. Even if u give it a discount, is still worth 10 cents consists of cash + property(assume sold at cut throat price0. 5.5 cents for a pure cash + property counter valued at the least possible amount with nta of at least 10 cents.. not bad.
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wiltay Master	13-Aug-2020 16:16        wiltay About Contact  Quote this Post!
x 0   x 0  Alert Admin	so good 3.5cts dividend but why this counter giving so good dividend..make huge profit this coming announcement? lukewong82      ( Date: 13-Aug-2020 16:09) Posted: ya.. next thursday going to announced .. if 3.5 cents, then huat liao cos the NTA is 10.32 cents and almost all is cash + their yishun industrial property valued at book price .. the actual market price is way higher. So the real NTA should be 13 cents. Then this 3.5 cents is NOT counted into their NTA becos it is held as Escrow. So if u buy at 9 cents means after getting 3.5 cents, ur costs is 5.5 cents for a company with real NTA of 13 cents cash + industrial property. Even if u give it a discount, is still worth 10 cents consists of cash + property(assume sold at cut throat price0. 5.5 cents for a pure cash + property counter valued at the least possible amount with nta of at least 10 cents.. not bad.. JackpotBookie      ( Date: 13-Aug-2020 15:26) Posted: Why nobody talk about this stock? they going to make annoucement soon on the  3.5 cents dividend. Will this penny stock be a gem next time?
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lukewong82 Master	13-Aug-2020 16:09        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ya.. next thursday going to announced .. if 3.5 cents, then huat liao cos the NTA is 10.32 cents and almost all is cash + their yishun industrial property valued at book price .. the actual market price is way higher. So the real NTA should be 13 cents. Then this 3.5 cents is NOT counted into their NTA becos it is held as Escrow. So if u buy at 9 cents means after getting 3.5 cents, ur costs is 5.5 cents for a company with real NTA of 13 cents cash + industrial property. Even if u give it a discount, is still worth 10 cents consists of cash + property(assume sold at cut throat price0. 5.5 cents for a pure cash + property counter valued at the least possible amount with nta of at least 10 cents.. not bad.. JackpotBookie      ( Date: 13-Aug-2020 15:26) Posted: Why nobody talk about this stock? they going to make annoucement soon on the  3.5 cents dividend. Will this penny stock be a gem next time?
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JackpotBookie Member	13-Aug-2020 15:26        JackpotBookie About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why nobody talk about this stock? they going to make annoucement soon on the  3.5 cents dividend. Will this penny stock be a gem next time?
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lukewong82 Master	06-Aug-2020 19:02        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Results out: 1) Venturing into medical healthcare...  10. A commentary at the date of the announcement of the significant trends and competitive conditions of the industry in which the group operates and any known factors or events that may affect the group in the next reporting period and the next 12 months. We will continue to market and accelerate our customized automation services aggressively through AMS in the pharmaceutical, bio-medical healthcare consumer product areas. 2) Improvement in results even with COVID, potential U-turn into profit next few quarters. Earnings The Group posted a gross loss of S$0.20m in 1H 2020 as compared with gross loss of S$0.50m in 1H 2019, largely attributable to the lower revenue base and the consequent large unabsorbed direct overheads. On a balance perspective, the Group expects to hold or make a modest improvement in operational performance in the current year versus last year, provided the current COVID-19 outlook does not deteriorate further or drastic changes to the geo-political situation especially the trade war between US and China. 3) Dividend of 3.5 cents coming soon in Aug 20th (currently in Escrow account with ICBC) On the corporate side, we are looking forward to receive the last tranche of sale proceeds, in the Escrow account, for the divestment of our semiconductor equipment business in August 2020. Barring any adjustment and financial situation, we hope to return the net proceeds to shareholders by year-end 2020.
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lukewong82 Master	30-Jul-2020 12:08        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	20 Aug they going to announce 3.5 cents dividend...  Cadence88      ( Date: 21-Jul-2020 12:55) Posted: very low volume .. difficult to play. lukewong82      ( Date: 21-Jul-2020 12:51) Posted: buy now before too late ... target: 12 cents
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lukewong82 Master	21-Jul-2020 17:27        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	volume picking up liao... slow but steady. 3.5 cents dividend declaring on 20th Aug... :) load before others rush in Cadence88      ( Date: 21-Jul-2020 12:55) Posted: very low volume .. difficult to play. lukewong82      ( Date: 21-Jul-2020 12:51) Posted: buy now before too late ... target: 12 cents
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Cadence88 Veteran	21-Jul-2020 12:55        Cadence88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	very low volume .. difficult to play. lukewong82      ( Date: 21-Jul-2020 12:51) Posted: buy now before too late ... target: 12 cents
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lukewong82 Master	21-Jul-2020 12:51        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	buy now before too late ... target: 12 cents
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lukewong82 Master	21-Jul-2020 12:10        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	lai liao.. volume getting higher, price inching up...
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lukewong82 Master	20-Jul-2020 11:44        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exactly 1 mth later 20 August, MFG will be getting $8.5 million from the Escrow account and distribute as special dividend of 3.5 cents. Buy now before everyone else :)
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josemmm123 Master	09-Jul-2020 13:02        josemmm123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	recently the share price slowly creeping up, usually buy before anyone notice . Perhaps this is the next play target by big boys.. Sgvale      ( Date: 09-Jul-2020 12:57) Posted: Yea. What's the target
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Sgvale Supreme	09-Jul-2020 12:57        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yea. What's the target
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johnng Supreme	09-Jul-2020 12:49        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	abit hard buy this,,,,
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toyy65 Member	09-Jul-2020 12:22        toyy65 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Ya , looks like interest in MFG is picking up............
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