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Second Chance

good divident yield

This year share buy-back, correct as of Aug 15 2012.

83	SECOND CHANCE PROPERTIES LTD	DAILY SHARE BUY-BACK NOTICE	Aug 15 2012	05:45:10 PM
161	SECOND CHANCE PROPERTIES LTD	DAILY SHARE BUY-BACK NOTICE	Aug 14 2012	05:58:50 PM
124	SECOND CHANCE PROPERTIES LTD	DAILY SHARE BUY-BACK NOTICE	Aug 13 2012	05:57:20 PM
206	SECOND CHANCE PROPERTIES LTD	DAILY SHARE BUY-BACK NOTICE	Aug 10 2012	06:36:48 PM
151	SECOND CHANCE PROPERTIES LTD	DAILY SHARE BUY-BACK NOTICE	Aug 03 2012	06:27:22 PM

This horse has gas, I think. The dividend is the carrot, what else I am not sure. 2ndChance itself is their own BB here these few days. Vested.

1234567 ( Date: 16-Aug-2012 11:19) Posted:

3.2 million shares traded ... the highest volume (correct me if I'm wrong ..) ever seen in half session for this stock ...something's brewing ....

has anyone here any idea why the coy is so engaged in such aggressive buy backs?

1234567 ( Date: 15-Aug-2012 18:34) Posted:

http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/93887DBC0F15038E48257A5B002B6C6D?opendocument

Daily Share Buy-Back Notice by 2nd Chance
Date of Purchase: 15 Aug 2012
Total number of shares purchased: 651,000 (81% of today's volume)

wow... what does this mean for our second chance? price to be pushed higher perhaps? lets hope and pray so.....

edwinjup ( Date: 14-Aug-2012 21:14) Posted:

With effect from this month. All stock needttrade above fifty cents then can issues bonus share..

tea444u ( Date: 13-Aug-2012 21:38) Posted:

very pro-shareholder... bonus lah, share buy backs lah, now a massive 3.3 cents dividend coming in october.. a whopping 8 -9 percent return on current share price??? and all three in this year alone... in fact every other year also very generous....haiz...where to find this kind of company.,..hope you prosper Second Chance!!!

39cts ! hahaha ... Smiley

With effect from this month. All stock needttrade above fifty cents then can issues bonus share..

tea444u ( Date: 13-Aug-2012 21:38) Posted:

very pro-shareholder... bonus lah, share buy backs lah, now a massive 3.3 cents dividend coming in october.. a whopping 8 -9 percent return on current share price??? and all three in this year alone... in fact every other year also very generous....haiz...where to find this kind of company.,..hope you prosper Second Chance!!!

http://www.sharesinv.com/articles/2012/02/17/second-chance-a-billion-dollar-company/

Given Salleh’s track record, the goal of being a billion company based on market capitalisation by 2022 does not seem impossible to achieve. So wouldn’t it be good for investors to consider one of investment guru, Warren Buffett’s investment criteria ‘Find CEO’s who have a good and long track record’?

Meanwhile, DMG & Partners Research (DMG) in its recent research report said that Second Chance’s business is expected to continue generating stable operating cash flows in which would help sustain the research firm’s FY12 forecast dividend yield of 8.2 percent.

DMG also believes that as Second Chance is serving a niche market, therefore, its core retail operations would remain healthy even though global economic uncertainties are casting shadows over consumer sentiment. DMG maintained ‘Buy’ for Second Chance on the back of good dividend yield and issue a dividend discount model based target price of $0.53.

Fyi on the dividend record:

Dividend Fin Year End
$0.033 (to be confirmed in Oct 2012) 30 Jun 2012 (given bonus warrants already, valued at $0.031)
$0.042 30 Jun 2011 (included bonus shares)
$0.038 30 Jun 2010
$0.035 30 Jun 2009
$0.030 30 Jun 2008

http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/252494587FEF085048257A5A0030ACA3?opendocument

Daily Share Buy-Back Notice by 2nd Chance
Date of Purchase: 14 Aug 2012
Total number of shares purchased: 527,000 (82% of today's volume)

42 cents here we go!!!

very pro-shareholder... bonus lah, share buy backs lah, now a massive 3.3 cents dividend coming in october.. a whopping 8 -9 percent return on current share price??? and all three in this year alone... in fact every other year also very generous....haiz...where to find this kind of company.,..hope you prosper Second Chance!!!

http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/7F49CECFC33A95F448257A59002F1046?opendocument

Oh man ! Another share buy back today !

Daily Share Buy-Back Notice by 2nd Chance
Date of Purchase: 13 Aug 2012
Total number of shares purchased: 3,043,000 (97.6% of today's volume)

Something's brewing ... and what is that ? Smiley

yesss!!! hopefully ...more...:)

1234567 ( Date: 12-Aug-2012 14:14) Posted:

39cts by end of the next week ? Smiley

something's brewing ....?!! good... Smiley

http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/68DD8124B3510FFA48257A56003068D6?opendocument

Share Buy-Back by 2nd Chance on Aug 10 2012: 940,000 (77.8% of today's volume). Smiley

Something's brewing here .... Smiley

today's close: 0.385cts ... Smiley

joint venture with some other company ... for developing private housing soon? Me ... not sure ! Just speculating only ! Smiley

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good divident yield