Last year AGM , after the heated qurrelling with Mano and others , Chairman looked upset and downed . I asked him about future dividends , he said lY dividend lower because comapny do not want to borrow more and pay more interests. He said be patient to see more possitive development in 2017.
He learned the lesson in last AGM , so he is not so bad as what many thought . He has a records of paying good dividend ince HSH and SSC days , now MPV revenues are coming in , so situation is totaly diffrent .
Probably can never realise its full value because of The Chair' s behaviour,... giving no confidence to shareholders,...
This one is the most undervalued laggard stock , waiting to explode !
Can expect special dividend of 5 to 6 cents  in May .
serious ( Date: 13-Jan-2017 10:56) Posted:
|
Some persistent buying interest lately , what are good to expect from the FY17 ?
Ow is not that great a businessman as what many have thought , he has limited capability to bring the company to next level. Not a first grade businessman !
They go into australia hotels market quite early...
After a few hotels ...think they stopped expanding...no more hotels addition
So their "chain" of hotels is countable ...
After a few hotels ...think they stopped expanding...no more hotels addition
So their "chain" of hotels is countable ...
lausk22 ( Date: 29-Jul-2016 15:57) Posted:
|
Based on latest listing, the public free float is around 56%. If correct, may not be easily swallowed through privatisation.
They used to be very skeptikal of China in the early 2000s...that's they missed the boat in China Super Progess....
They prefer ang mo places like australia and asian like japan groups in shipping
They prefer ang mo places like australia and asian like japan groups in shipping
serious ( Date: 29-Jul-2016 15:03) Posted:
|
Father , son daughter , brothers , nephews all collectively own around 43%, excluding friendly parties and nominees.
lausk22 ( Date: 29-Jul-2016 12:47) Posted:
|
From tongkang business to tycoon very happy already lah
Looking at the major shareholders, the family stake is below 40%.  Of course,  it must be  much higher through proxies.
Cut dvd to make price depress then take private . Old trick . He may team up with his old buddy , HO BEE , chua thaim poh .
Anyone knows whether he  has sufficient  leverage to take company private? 
Last time I worked in a listed company. Every time AGM, some employees (who were also shareholders due to employee share scheme) were planted to vote Yes and asked designed questions:)
jackson5 ( Date: 28-Jul-2016 23:19) Posted:
|
Correction : did not carry himself well , he should not have listed SL.
jackson5 ( Date: 29-Jul-2016 00:06) Posted:
|
It did not reflect well on his image as Chair , he did not carry his well in public . If he only like questions that he like , then he should have listed SL in the first place. This is public company, not privately owned public company ! I really lost my respect for him after today AGM .
What questions were asked?
Yes, The chair lost his cool as in the past whenever he was unhappy with shareholders' questions. In fact, today he's quite condescending when he said shareholders who cheered Mano's comments were in Mano's fan club. Kudos to Mano for maintaining his cool throughout. Yes, the first questioner sound artificial and so beholdened to SL.