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u kidding? just highlighting... up to a person to buy or not... that was not very nice of you ....
oceangull ( Date: 06-Aug-2012 23:24) Posted:
| STI is rising, yet this stock is not moving in the same direction. Is Tea444u trying to sell us his stocks with his logic?
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STI is rising, yet this stock is not moving in the same direction. Is Tea444u trying to sell us his stocks with his logic?
3.3 CENTS DIV COMING SOON.....more than 8 percent return...coy intends to maintain its high div policy ...take note take note.....
hmmm actually I think those shares with hefty dividends expected may   not drop as much SHOULD your guts be right...i mean just look at today...so many buy ups...   ... on the other hand i   also feel prices   may start to creep up already... it was really great to see how the coy supported its share price this morning.... shows they believe this coy is fit for higher prices... just an opinion.... also ...one thing when a market falls, not all stocks fall...then there is the problem of never being able to predict market direction...no one has done so so accruately 100 percent of the time. 
2nd chance bought 50% of today's volume .. amazing! Vote of confidence !
Well, I'm holding on to the following shares. I have a gut feeling the market will go crash after the London 2012 Olympics. Just like what happened after the Beijing 2008 Olympics !
sia - losing money! Thought of keeping it even if the market crash !
sheng siong - thought of getting rid before the xd.
cerebos - there's an exit offer to delist recently. No worry on this share.
2nd chance bonus warrant - thought of getting rid by next week but reluctant ! We shall see!
2nd chance - have been keeping for almost 3 years. Thought of keeping it even if the market crash !
tea444u ( Date: 03-Aug-2012 21:10) Posted:
| wow yu must be holding a lot... btw do u trade other shares? for now i am out... |
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I wrote to the company as well.. apparently quite a number of investors were confused by the latest report and sold off their shares this morning.  2nd Chance took the chance (sort of) to buy back 3k+ lots of shares.  Good that the dividend (to be declared) is still intact. 
also another query...as i noted you haf had this share for quite a while... this my first time...i was wondering   about its behaviour xd? good to see the coy's aggressive buy back today.... 
1234567 ( Date: 03-Aug-2012 21:08) Posted:
If they annouce 3.3cts dividend in Oct 2012, another S$10K dividend for me ...   |
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wow yu must be holding a lot... btw do u trade other shares? for now i am out...
If they annouce 3.3cts dividend in Oct 2012, another S$10K dividend for me ...

 
nooooo..i sold at 365..one of the panic mongers ( SHOULD NOT read too much of nonsensical forum news!) and then bought back, after reading Mr Raj's mail... at 375...hahaha,....initially my first buy was at 38 ...so lost like anything. feel like vomit ..see stars...now haf to wait for dividends....
hi tea444u, just curious, you sold and bought back at the same price!
wow 1234567...I got the same reply too... also he advised me next time read properly   any reports....i lost about 3k this morning when i cut in panic.... then i read his mail, i bought back the same number of lots...gosh...lucky the one who bought from me this morning...hahaha
1234567 ( Date: 03-Aug-2012 18:59) Posted:
I wrote to 2nd Chance about why no dividend was declared ?
Here is their reply. Good News ... stay tuned !
From: Raj [mailto:[email protected]]
Sent: Friday, August 03, 2012 5:45 PM
To:xxx xxxx xxx
Subject: Fw: continuation of its high dividend policy
 
Dear Mr.xxx
 
As announced we intend to distribute
the dividend a tax exempt (one tier) of 3.3 cents.
 
As our year-end has been changed to 31 Aug 2012 instead of
30 June 2012. We will be announcing the payment of this dividend when we
release our Full Year accounts/results in October 2012.
 
Thank you. 
 
Regards
Raj
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I wrote to 2nd Chance about why no dividend was declared ?
Here is their reply. Good News ... stay tuned !
From: Raj [mailto:[email protected]]
Sent: Friday, August 03, 2012 5:45 PM
To:xxx xxxx xxx
Subject: Fw: continuation of its high dividend policy
 
Dear Mr.xxx
 
As announced we intend to distribute
the dividend a tax exempt (one tier) of 3.3 cents.
 
As our year-end has been changed to 31 Aug 2012 instead of
30 June 2012. We will be announcing the payment of this dividend when we
release our Full Year accounts/results in October 2012.
 
Thank you. 
 
Regards
Raj
thanks oldflyingfox.....i think they will make good their dividend guidance   as mentioned   ...likely coming later...you all go and dyodd..
oldflyingfox ( Date: 03-Aug-2012 11:03) Posted:
It means you may convert the warrant into the share by paying 40 cents each. For this particular warrant, you could do the convertion on the 4th & 5th year only. Of course, when the share price is above 40 cents, you may sell the warrant in the market for the different plus some premium any time.
Therefore, when you buy the warrant in the open market, you have to work out the warrant buying price plus the 40 cents convertion price and the projection of the futher share price in 4 to 5 years later.
Hope that helps.
tea444u ( Date: 03-Aug-2012 00:43) Posted:
hi all 
can anyone exlain/
  if the ex price for the bonus warrants is 40 cents..does this mean that to convert to mother share , must pay whatever above the warrant px to make 40 cents ? then can convert to mother share? does this mean that mother share is expected to be ard that price then?
thanks a lot for any help  |
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this may be inaccurate...they changed their year end to 31 August instead of 31 June.... please check before you do anything with your shares.
No dividend was declared ! My guess is bonus warrants issued lately is considered as 'dividend'.
As for the lower profit, it is due to the following reason:
===============
Overview
The group net profit after tax decreased by $12.60 million to $17.46 million in FP 2012 from $30.06 million in FY 2011 mainly because of the fair valuation of properties done on 30 June 2011 in prior year which will be done this year on 31 August 2012 i.e. the new financial year-end.
  ===============
Hi oldflyingfox,
Just want to confirm with you. I can sell my bonus warrants anytime, right ?
 
It means you may convert the warrant into the share by paying 40 cents each. For this particular warrant, you could do the convertion on the 4th & 5th year only. Of course, when the share price is above 40 cents, you may sell the warrant in the market for the different plus some premium any time.
Therefore, when you buy the warrant in the open market, you have to work out the warrant buying price plus the 40 cents convertion price and the projection of the futher share price in 4 to 5 years later.
Hope that helps.
tea444u ( Date: 03-Aug-2012 00:43) Posted:
hi all 
can anyone exlain/
  if the ex price for the bonus warrants is 40 cents..does this mean that to convert to mother share , must pay whatever above the warrant px to make 40 cents ? then can convert to mother share? does this mean that mother share is expected to be ard that price then?
thanks a lot for any help 
1234567 ( Date: 04-Feb-2012 07:28) Posted:
1 for 1 Free Bonus Warrants The Company intends to undertake a proposed bonus issue of warrants. Details of which is released in a separate announcement. Following are the main points of this proposed issue. 1. To be issued free on the basis of One (1) Bonus Warrant for every One (1) share held. 2. As there are existing warrants that can be exercised into ordinary shares, the minimum number of bonus warrants to be issued is 550,511,040 and the maximum number is 700,184,239. 3. The validity of the bonus warrants is Five (5) years and may be exercised at any time during the fourth and fifth year. 4. The exercise price is S$0.40 and gross proceeds arising from the full exercise of the bonus warrants will be approximately S$220,204,416 to S$280,073,695 depending on the actual number of bonus warrants issued.
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Disappointed. Bad Q4 might be the reasons.
 
nstcsg ( Date: 03-Aug-2012 09:15) Posted:
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No dividend declared.