Hotung Inv    Last:1.59   -

Potential high dividends counter

This is quite disappointing.
Taiwan Stock market is the hottest now along with US. Yet Hotung is not moving.

 

Graphcore issue is over now.

 

Question remain is how Hotung treats this investment? It is 20% of its portfolio.

cloudy.mountain      ( Date: 28-Jun-2023 01:15) Posted: old news that happened in Oct 2022... investshare      ( Date: 27-Jun-2023 08:28) Posted: Did Hotung write down this as well? Sequoia has since written down its investment in Graphcore to zero, although it remains on the company?s board, according to a source familiar with the relationship. The write-down was first reported by Insider in October. The Graphcore spokesperson confirmed the setbacks, but said the company was ?perfectly positioned? to take advantage of accelerating commercial adoption of AI.

 

old news that happened in Oct 2022...

investshare      ( Date: 27-Jun-2023 08:28) Posted: Did Hotung write down this as well? Sequoia has since written down its investment in Graphcore to zero, although it remains on the company?s board, according to a source familiar with the relationship. The write-down was first reported by Insider in October. The Graphcore spokesperson confirmed the setbacks, but said the company was ?perfectly positioned? to take advantage of accelerating commercial adoption of AI.

 

Did Hotung write down this as well?


Sequoia has since written down its investment in Graphcore to zero, although it remains on the company?s board, according to a source familiar with the relationship. The write-down was first reported by Insider in October.

The Graphcore spokesperson confirmed the setbacks, but said the company was ?perfectly positioned? to take advantage of accelerating commercial adoption of AI.

 

earning only NT0.52, but gives NT2.55 dividend, cannot complain liao.....they don' t usually pay div higher than earning

investshare      ( Date: 21-Feb-2023 07:27) Posted: Dividend cut by half :(

 

Dividend cut by half :(

 

https://links.sgx.com/1.0.0/corporate-announcements/32XMYIJV4NLVS3YG/747047_2022%20Full%20Year%20Announcement%20_HIHL.pdf

 

I had sold out a while back at 1.80$ forgoing the run up above $2 and also dividends for the year as I think Hotung has too much exposure to greater china markets. I expect to dip back to possibly $1.30 range in the coming global recession, would be a good time to accumulate again.
 

investshare      ( Date: 27-Aug-2022 07:34) Posted: Looks like dividend next year going to drop.

 

Looks like dividend next year going to drop.

 

 

Profit dropped so much :(

 

surprised nobody is talking about this company. results came out yesterday evening and it was solid.

earnings bumped up again for the third consecutive year.
dividends up 25% yoy.

cash balance doubled from a year ago.
cash per share is now $1! that' s half of the share price today!

ex. cash PE is 3.6x

this is a gem of a stock at bargain prices

 

solid trading day. realised some profits from my entry at $1.8x (> 10% which is better than dividend yield). cheers to the new year.

 

Just realise I already own 0.0x% of this company. :)

 

6 months on ..

MTHIT5      ( Date: 06-Apr-2021 09:54) Posted: I believe it is Hotung turn to run soon. Reasons: 1. 10% dividend. 2. NAV S$3, 3. big jump in profit this year. 4. Taiwan is the best performing market in Asia, even better than SGP. 5. few seller willing to let go, few big  buyers or company buy back can push the price to the sky. 6. it investments are mostly in China & Taiwan which are not greatly affected by co-vid. 6. As some other stocks already moved up by quite a bit, investor will turn to laggard, like Hotung.  Now it is at SGD1.91, once investors find this gem, S$2.50 is not a problem. DYODD.

 

Ikka gain already reflected in the 1H profit right?

MTHIT5      ( Date: 12-Aug-2021 10:57) Posted: Hotung half year 2021 results out -profit good at TWD345m. Assume same profit for 2nd half, FY profit is 690m (vs 521m for FY 2020).  PE is only 5x plus only. NAV is S$3. Dividend is around 10%. I wonder why Volume so low? Why fund never discover this good stock?

 

As i mentioned below on jun 1st. The profits from the ipo of IKKA will contribute to significant profits for this year. So we can expect another 10% + dividend based on current price next year when the full year results is announced. Share price remains undervalued probably due to lack of analyst coverage but that is where the opportunity comes for retail investors. Buy cheap before it jump up closer to NAV

 

Hotung half year 2021 results out -profit good at TWD345m. Assume same profit for 2nd half, FY profit is 690m (vs 521m for FY 2020).  PE is only 5x plus only. NAV is S$3. Dividend is around 10%.
I wonder why Volume so low? Why fund never discover this good stock?

 

This year a bit strange. Price hold up quite well even after dividend paid.