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Old Chang Kee
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OldChangK
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lifeisgood
Supreme |
15-Jun-2016 08:46
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This is to celebrate the 60th year anniversary. If not, dividend is only half. 
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samudra
Veteran |
15-Jun-2016 08:44
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Old Chang Kee dividens of 6 cents is good. Price will go up to at least 70 cents this week |
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spore1
Supreme |
14-Jun-2016 21:26
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Wow!Even better 6 cents dividend . Well established business and brand and their signature curry puffs is not easy to imitate. Dividend of 4.5 cents payable in Aug is going to drive the share price higher
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jayarumah
Master |
14-Jun-2016 15:09
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Think ock tried to penetrate overseas market but not very successful.
Singapore maybe can sustain a bit. But consumers nowadays.....very fickle minded They know things too fast thru internet unlike before ....
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sunview
Veteran |
14-Jun-2016 15:06
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The total of 6 cents dividend gives almost 9% dividend yield at the current price of 67 cents. However if the special dividend of 3 cents is taken out (probably given as a bonus to celebrate its 60 anniversary of the company), the dividend yield is closer to the average yield of about 3 &ndash 4%. Overall, I would agree that business is good and stable. It holds a reputable name. Although the company expects operating lease expenses (rental) and labour and raw material costs to remain high, the softening rental in shopping malls should be a blessing for OCK. On the other hand, the tight labour market in Singapore is always a headache for retails. The Group&rsquo s new factory in Iskandar Malaysia and expanded factory facilities in Singapore at 2 Woodlands Terrace are expected to be fully operational in the coming months. These will provide the Group with a platform to grow its business both locally and regionally. As listed in its 2015 Annual Report, its Chairman Han Keen Juan has 58.61 direct interest  + 7.33 deemed interest, for a total of 65.94%. Far East Organisation (in the estate if Ng Teng Fong) holds another 11.70%.
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Qanghoo
Supreme |
14-Jun-2016 15:05
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By that arguement, McDonald cld easily be jostled off?    Some can try?  But sometimes, it may sound easier than what it is.  This one I think the brand is abt 50 yrs old liao, has earned widespread acceptance n has built up a network which probably takes considerable effort.
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jayarumah
Master |
14-Jun-2016 14:54
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There is a risk though. Anybody knows F & B should know this is an easy market entry business.
I can easily set up a few stores with similar concept and products range. Maybe even improved range.
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spore1
Supreme |
14-Jun-2016 14:09
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Ok noted!Return of investment is gd.
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jayarumah
Master |
14-Jun-2016 13:59
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This one can consider.
think some prominent tycoon holding big. khoo or far east org. forget already. Used to buy at 65 end sell at 80 cts : ) |
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spore1
Supreme |
14-Jun-2016 13:52
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Business is v gd too. Always see ppl queue up to buy.
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bishan22
Supreme |
14-Jun-2016 13:48
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Agreed.Seem popular with halal certified. Capture all races in sg.
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spore1
Supreme |
14-Jun-2016 13:23
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Special & Final dividend of 3 cents declare.Together with interim 1.5 cents I.e 4.5cents .yield is rather gd + comp profitable, seems Gd for investing
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samudra
Veteran |
03-Jun-2016 18:36
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ith the rental of shopping coing down, sure the profits of old chang kee will impproved |
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spore1
Supreme |
26-Mar-2016 15:34
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Old Chang Kee is another Singapore iconic company that may be worthed to take a look. EPS of about 4.35 cents. Dividend of 3 cents ..  http://sporeshare.blog   spot.sg/2016/03/old-chang-kee.html |
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keywin
Member |
06-May-2014 21:13
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what' s up with the recent rise on low volume?! is something up?? |
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sunview
Veteran |
10-Jul-2013 09:32
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Today is the T+4 day when the stock jumped to the high of $0.885 following the announcement by the major shareholder that he was approached by a 3rd party for a possible offer. The stock went as low as $0.71 on July 8. No further announcement has been made so far.   |
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alexkwa
Member |
05-Jul-2013 16:30
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Camping for the bounce :D | ||||
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bishan22
Supreme |
05-Jul-2013 15:42
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Another pump and dump. 
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tea444u
Elite |
04-Jul-2013 21:09
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hmmm..i get that too..the thing is..i think this one has run ahead of fundamentals... a change in taste for helathier foods, a roach in their puff...anything can cause share to simply tumble down from the giddy heights it is at   now...not vested so naturally i am sour graps cawse...but this just m ho ni
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ysh2006
Supreme |
04-Jul-2013 19:33
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Usually for this type of small company the RTO price shall be less than 100 c .. like Sihuan, Portek,Contel, Synear, Kian Ann,  ChinaAH etc below 50 cents too!...Don't think this Old CK can give more leh ...
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