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That is me. I hold since it was in USD and before 10-1 conso.
ValueSeer ( Date: 15-Jun-2021 17:10) Posted:
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With the listing of IKKA on the taiwan exchange, 2021 earnings will be good. Potentially another 10%+dividends next year. Hold 8 years = get the stock for free due to the high yeatly dividend
We will have to wait for the first financial statements to be released for IKKA in order to find out how many % does hotung still hold in IKKA. IKKA was already mentioned in hotung 2020 annual report about its application for a IPO. Now that the IPO has materialized , substantial profits should be booked for 2021
IKKA up 8.5% to NT177. I wonder how many % Hotung holds, anyone konws?
With the successful listing of another investee company, hotung is set for another great year in 2021. This will be able to support the high dividends of 10%+ for FY21. We might see share price trend up towards $2 again in this year.
Just paid out dividends a short while ago (to be received in early june) and hotung is already positioned for a great full year ahead. Undervalued counter which not many people noticed yet.
Hotung Investment Holdings Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce the listing of one of its investee companies, IKKA Holdings (Cayman) Limited (&ldquo IKKA&rdquo ), on the Taiwan Stock Exchange Corporation on 31 May 2021. issuance price of NT$76 (US$2.73) https://focustaiwan.tw/business/202105100016 Now trading at NT$163.
This stock tends to spike up as we get closer to june of every year as that is when they announce the huge dividends.
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.
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.
Yes agreed. Very low profile but highly profitable with good dividends. These kind of counters are the most profitable when bought prior to people noticing
hidden gem...has been with them for 5 years....low profile company...great potential
Undervalued stock that deserves a closer look. If we take discount of 30% on its NAV, there is quite abit of upside from current price
See what I predicted in 2019.
investshare ( Date: 31-Dec-2019 14:15) Posted:
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More upside as it goes nearer to ex div date
Record dividend, 10% based on current price. Dividends trending up year on year and increase in NAV. Really undervalued stock here with much more room to grow in share price
Hotung FY2020 earnings of NT$521.5 million up 70% y-o-y
Hotung Investment Holdings has reported earnings of NT$521.5 million ($24.7 million) for the year ended Dec 31 2020, up 70% from NT$307.6 million in the preceding FY2019. Revenue in the same period doubled to just over NT$1 billion, from NT$498.1 million in the same period.
The better numbers were due to fair value gains on financial assets, dividend income from investments. On the other hand, the company suffered from unfavourable foreign currency movements, which resulted in it booking losses of NT$164.7 million from this item.
The company aims to achieve significant long-term capital appreciation by investing in a balanced and well-diversified portfolio, and assisting and adding value to the portfolio of companies.
Hotung&rsquo s fund management is done via a subsidiary called Hotung International Co, with the main objective of providing investment consultancy and advisory services to entities within the group.
According to Hotung in its earnings commentary, it expects the economic downturn caused by the Covid-19 pandemic to continue, though partly mitigated by the progressive rollout of vaccines.
Its portfolio of investments are in relatively &ldquo resilient sectors&rdquo such as 5G and cloud computing.
The company plans to pay a dividend of NT$4.02484 per share (19 Singapore cents), versus NT$2.558 per share paid for FY2019.
As at Dec 31 2020, the company&rsquo s net asset value was NT$64.61, or $3 versus NT$63.41, or $2.85 as at Dec 31 2019.
Wow!!!
(a)Whether an dividend has been declared/recommended? Yes
Name of Dividend:Final
Dividend Type:Cash
Dividend Amount Per Share:NT$4.02484 per share (tax not applicable)
(b)Any dividend declared for corresponding period of the immediately preceding financial year? Yes
Name of Dividend:Final
Dividend Type:Cash
Dividend Amount Per Share:NT$2.558 per share (tax not applicable)
(c) Whet
(a)Whether an dividend has been declared/recommended? Yes
Name of Dividend:Final
Dividend Type:Cash
Dividend Amount Per Share:NT$4.02484 per share (tax not applicable)
(b)Any dividend declared for corresponding period of the immediately preceding financial year? Yes
Name of Dividend:Final
Dividend Type:Cash
Dividend Amount Per Share:NT$2.558 per share (tax not applicable)
(c) Whet
Why still no results?
When announce results?
Hmm looking forward to this year dividend
Wow