Intraco    Last:0.38   -

Intraco accepted general offer for asso co. DCL

Take a look at Intraco' s    RESPONSE TO QUESTIONS RAISED BY THE SECURITIES INVESTORS ASSOCIATION (SINGAPORE) IN RESPECT OF THE COMPANY&rsquo S ANNUAL REPORT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

 

Really must ask the management on the intention of how to use the proceeds and the logic of continuing its listing status ..... just force the management to pay out some sort of dividend after the DCL proceeds

surewin73      ( Date: 25-Jun-2020 20:19) Posted: Cheap Stocks or Value Traps ?????? ohm136      ( Date: 02-Jun-2020 14:48) Posted: Intraco will receive net cash of $19.350M upon completion of the general offer. Total net cash position will be $44.895M after adding its $25.545M (net cash position at end of FY 2019). Total cash backing per share = 43.619 cts.(102,925,879 ord shares & 800K treasury shares).

 

Cheap Stocks or Value Traps ??????

ohm136      ( Date: 02-Jun-2020 14:48) Posted: Intraco will receive net cash of $19.350M upon completion of the general offer. Total net cash position will be $44.895M after adding its $25.545M (net cash position at end of FY 2019). Total cash backing per share = 43.619 cts.(102,925,879 ord shares & 800K treasury shares).

 

Intraco will receive net cash of $19.350M upon completion of the general offer. Total net cash position will be $44.895M after adding its $25.545M (net cash position at end of FY 2019). Total cash backing per share = 43.619 cts.(102,925,879 ord shares & 800K treasury shares).