Pacific Century    Last:0.46    +0.01

Privatisation for Pacific Century

You see here. Fruitfulness also calculated the same.

fruitfulness      ( Date: 12-Aug-2022 22:51) Posted: Wow, PCRD just declared super div - 0.05 HKT SSU (Share Stapled Unit) per ordinary share. At the current share price of HK$10.92, it is equivalent to 9.6 Singapore cents per share!  Of course, for those who need to receive in cash, the exact conversion will only be announced later. Anyway, another huat dividend I believe!

 

Just open the sgx website and keep figuring the final amount. It is a super good dividend. Best returns stock that many brokerages fail to cover. 25% returns for half year....

Hope those that bought the last 1 month should be very happy.

 

Wow, PCRD just declared super div - 0.05 HKT SSU (Share Stapled Unit) per ordinary share. At the current share price of HK$10.92, it is equivalent to 9.6 Singapore cents per share!  Of course, for those who need to receive in cash, the exact conversion will only be announced later. Anyway, another huat dividend I believe!

 

Hope this day will come soon...

 

see the sell volume is more now...still keep..

 

AGM nothing much asked. Richard Li too busy to attend online, maybe still sleeping, last night gone partying since HK just open up..hahaha...

Some key points
1)Company is asset is greater than its liabilities, just valuation is set lower(for PCCW). 
2)Whether the high dividends are substainable. Standard dividends should be no problems. Special dividends subjected to changes and is dependent on company' s performance.   
3)They sold FWD perpertual bonds with profit(if not wrong is 14million, but not sure USD or HKD or SGD).
 

 

will hit 50cts??

 

suddenly got 400 lots to buy at 0.44

 

Tomorrow 10am AGM...

 

Maybe 4k lots buy-up done by Richard Li... then it' s game over! He' ll cross the 90% of holdings and has to offer to mop up all remaining shares! Waiting for that day, after XD ... hopefully!

 

Actually maybe 1k to 2k lots(1lot being 1000shares) will roll it up to 50cents soon..

 

I like the optimism! Now that XD date and pay date for dividends have been announced, hopefully some good announcement during the coming AGM on 22 Apr 2022 or soon after!

Invest1      ( Date: 19-Apr-2022 17:13) Posted: very soon, we will hit the 50 cents mark..

 

very soon, we will hit the 50 cents mark..

 

Declared today...I thot last week will announce. But anyway, just 3 days difference.

Ex Div date 6th May
Payment date 15th June

Hope all of us happy...

Invest1      ( Date: 08-Apr-2022 16:56) Posted: Likely to declare Ex-Div next week.

 

I hope Richard Li will grant our hearts' desire - give us the final FY dividends and declare it' s time for PCRD to fold up in SGX and pay us 50% premium vs the last share price!  I am watching this closely as well as Hong Fok.  Both could be privatised at about the same time???

Invest1      ( Date: 13-Apr-2022 14:52) Posted: I also think this way. Hope something will happen soon.

 

I also think this way. Hope something will happen soon.

 

After four years of a massive dividend payout (in which Richard Li should personally be awarded more than S$1 billion in dividends), it may be a good time to consider letting the champion goose be laid to rest.  Continuing to pay such high dividends, far exceeding its earnings, is not sustainable for much longer.  Its NTA has been reducing for the past few years, althu I personally quite like it (Now, it' s like Singtel when it was at its prime and currently PCCW and HKT are well managed. Viu & Viu Now are productive additions).  For me, it' s alright to be privatised at a good premium to its latest share price and we try to seek out something else!
 

justinetan      ( Date: 10-Apr-2022 08:03) Posted: Privatisation is akin to killing the champion goose which lays golden eggs.

 

Privatisation is akin to killing the champion goose which lays golden eggs.

 

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Pacific Century only 1 person to make decisions and already own 89.9x%, just a matter of time. They already try to privatise before, so higher chance. I got more confidence in here. I don' t want to speculate who first.  But you can see, Pacific Century pays one of the best dividends in the last 3 to 5 yrs. Returns of 15% to 20%, even don' t privatise, shareholders also happy. If privatised, just like killing the golden goose.

 

You think PCRD has a better privatisation probability than Hong Fok this year?  Both are privatisation candidates for the longest  time!!!

Invest1      ( Date: 08-Apr-2022 16:39) Posted: Hope that this will be done within this year..