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Did they announced already the div on public?
my prediction of 24-25 cents within 1 mth... due to the impending CD of 2.5 cents..
Resolution for 2.5cts dividend.
Should correspond with last year ex dividend in Nov.
http://www.nextinsight.net/index.php/forum/3-sgx-stocks/6568-Hafary?start=60#17123
I written a more detailed version of writeup on the AGM.
More than 10% div yield. What else u can ask for? Better than banks! Lol
Soon.,. shd be within this mth. But CEO never mention when the date will be announced.
During the AGM, the CEO Eric Low, looks confident and seems to be confident of the HDB project for the next 2-3 years.
So I think the profit shd be good for the next 2-3 years..
UOB Kayhian target price of 33 cents for hafary may not be reached within the next few mths, but maybe achievable within 1-2 years.
Short term the next target price should be 27 cents..
May I know when will the dividend be declared to the public as in put in the sgx?
just back from AGM:
Main points:
1) 2.5 cents dividend approved
2) Next 2 to 3 years, business will be good as volume increases due to HDB project accelerating, current HDB forms around 20% of total revenue
3) Inventory high due to HDB projects, so need high inventory
4) Sunget Kadut project with Sitra basically serves as warehouse and co-operation with Sitra to produce marble.
5) CEO affirms position as no 1. tiles provider in Singapore. 30% of market
6) 1000+ loyal customers, contractors and designers. So venturing into other product outside of tiles to tap on these 1000+ loyal customers.
7) Dividend will depend on profit, 20-30% of profit.
The food I quite disappointed.. hhahaha.
Closed 22.5 today. Huat ah!!!
AGM 25 Oct. Dividend expected to be announced after AGM. Expect ex-date to be mid Nov and payment End of Nov.
I went to Hafary showroom at Eunos Ave 3 on a Saturday morning. Quite many ppl lookin at tiles and the phones at the front counter keep ringing non stop, the 4 front counter staff were busy answering calls.. ==> Good sign :)
somebody trying to play around by selling 1 lot at 0.225 3 times? lol
They havent announced the dividend? Actually. It breaks the resistance. Possible breakout.
i bot in too, maybe keep it till better price
spss1955 ( Date: 15-Sep-2013 17:08) Posted:
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Of cos can. It'll be my pleasure. hope the 2.5 ct div pulls thro and then we can huat!
sugeee ( Date: 15-Sep-2013 16:52) Posted:
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Aiyoh brother i also bought. Can hold hands? the divident looks interesting. HUAT Lah
spss1955 ( Date: 15-Sep-2013 11:44) Posted:
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Hi bro librajet, I just bot a few lots on thu n look at this thread to keep track of my fortune ma. C u on wed evening. Hope u not stress out. But no worries, I haf lots of wine n u can pretend u're drunk if there r too many difficult questions to handle. Lol
librajet ( Date: 15-Sep-2013 00:25) Posted:
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the split shares is old news.. shouldnt be affected by this announcement.. so, it's neutral i think
librajet ( Date: 15-Sep-2013 00:25) Posted:
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bro tea, he did not buy more shares hor.. it's just split shares, that's why his shares increase..
tea444u ( Date: 14-Sep-2013 23:53) Posted:
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bro spss u r here hhaha, I have been reading abt the postings, so good or not???
spss1955 ( Date: 15-Sep-2013 00:18) Posted:
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You're welcome.
tea444u ( Date: 14-Sep-2013 23:53) Posted:
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