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good divident yield
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oldflyingfox
Master |
10-Sep-2013 08:42
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When is the expected date for the full year result to be release? | ||||
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sean123
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10-Sep-2013 08:05
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Profit Alert The valuations of the Groupâ??s properties for FY 2013 as at 31 August 2013 carried out by Jones Lang LaSalle, indicate a substantial increase in value compared with the previous year which is in tandem with the rising commercial real estate market. This will also result in a considerable increase in record net profit for FY 2013. |
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nummus
Member |
08-May-2013 23:21
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Insider buying today! | ||||
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1234567
Senior |
27-Apr-2013 20:40
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Dividend Guidance For financial year 2013 and barring any unforeseen circumstances the Board intends to distribute a tax exempt (one tier) dividend of 3. 4 cents per ordinary share.   http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B4FF35B23EEB863448257B3B003935A7/$file/SCPL_DividendGuidance_27March2013.pdf?openelement |
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nstcsg
Member |
06-Dec-2012 13:02
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45cts coming soon. ex-Div nearer and nearer. | ||||
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1234567
Senior |
19-Oct-2012 19:37
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Q. The Company has been buying back its shares at prices above the Net Asset Value (NAV), that is, at a premium. Shouldn’t the Company be buying back its shares at below NAV? There is a combination of factors contributing to the Company buying 20.572 million shares at an average price of 38.65 cents. As you are all aware the value of a Company is based not only on the NAV, but also on intangibles such as goodwill, branding, reputation etc., which can be even more valuable than the tangible assets. 1. In case of our Company we are of the opinion that – a) Our gold and apparel businesses are well established. We enjoy market leadership, a track record of high profits, brand reputation, goodwill etc all of which will definitely be valued much higher than their NAV. b) The fair valuation of our properties as at 31 August 2012 and the recent past months is well below the amount that buyers are actually prepared to pay on a “willing buyer willing seller” basis. This seems to be a norm now for all types of properties. Hence again the intrinsic value of the group is much higher than the NAV. In the light of the above, we believe that the average price of our share buyback, i.e., 38.65 cents, is still below the real value of the Company and as such a “value buy”. 2. Currently, the cost of funds used to buy back the shares is 1.2% as compared to the cost of the share capital, which is the dividends that would be paid out on the shares this works out to be approximately 8%. 3. Another point in favour is that 118 million outstanding warrants are expected to be converted which will generate $37.76 million and bring down further our already low gearing. So we decided to invest in the Company’s own shares but at the same time cap the share buy-back price currently at 39.5 cents. We will be selling the shares back at 40 cents assuming the new warrants are converted.
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1234567
Senior |
19-Oct-2012 19:36
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Q. The Company has been buying back its shares at prices above the Net Asset Value (NAV), that is, at a premium. Shouldn’t the Company be buying back its shares at below NAV? There is a combination of factors contributing to the Company buying 20.572 million shares at an average price of 38.65 cents. As you are all aware the value of a Company is based not only on the NAV, but also on intangibles such as goodwill, branding, reputation etc., which can be even more valuable than the tangible assets. 1. In case of our Company we are of the opinion that – a) Our gold and apparel businesses are well established. We enjoy market leadership, a track record of high profits, brand reputation, goodwill etc all of which will definitely be valued much higher than their NAV. b) The fair valuation of our properties as at 31 August 2012 and the recent past months is well below the amount that buyers are actually prepared to pay on a “willing buyer willing seller” basis. This seems to be a norm now for all types of properties. Hence again the intrinsic value of the group is much higher than the NAV. In the light of the above, we believe that the average price of our share buyback, i.e., 38.65 cents, is still below the real value of the Company and as such a “value buy”. 2. Currently, the cost of funds used to buy back the shares is 1.2% as compared to the cost of the share capital, which is the dividends that would be paid out on the shares this works out to be approximately 8%. 3. Another point in favour is that 118 million outstanding warrants are expected to be converted which will generate $37.76 million and bring down further our already low gearing. So we decided to invest in the Company’s own shares but at the same time cap the share buy-back price currently at 39.5 cents. We will be selling the shares back at 40 cents assuming the new warrants are converted. |
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1234567
Senior |
19-Oct-2012 18:40
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I bought more sometimes back and holding them. Holding onto more than one million 2017 warrant bonus shares ...
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tea444u
Master |
19-Oct-2012 15:15
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this one can play the warrant 2017 one? anyone buying that? | ||||
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1234567
Senior |
19-Oct-2012 14:24
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High volume today! Anyone selling ?        Or buying ?     | ||||
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nstcsg
Member |
18-Oct-2012 19:52
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woot! nice. The special dividend is a pleasant surprise. | ||||
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1234567
Senior |
18-Oct-2012 19:34
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Highlights New High in Net Profit after tax of $30.47 million High & Increased Dividend (3.3cts) Special Dividend (0.5cts)   http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E9DD5B92EA92DD7048257A9B003BEBE8/$file/SCPL_PressRelease_18_October_2012.pdf?openelement Q. I feel that your remuneration is quite high. Can we understand how is it fixed? A. The company strongly believes that the CEO’s bonus should be totally pegged to performance. At present, his bonus is 4% of the Group’s profit before tax for the year with a cap of $1 million and excludes items such as fair valuation and realized gains or losses on investment properties and shares. Unlike many companies where CEOs continue to collect huge bonuses even in loss making years, the CEO of this company will not be entitled to any bonus, if there are no operating profits. The CEO’s present salary of $13,000 per month is way below the market standards. The CEO himself had turned down past attempts by the Remuneration Committee to increase his salary. In fact, he voluntarily lowered his bonus from 5% to the current 4%. A general comparison of his total remuneration with that of his peers in similar sized companies and profitability will show that he is not that highly paid. |
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1234567
Senior |
18-Oct-2012 19:29
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E9DD5B92EA92DD7048257A9B003BEBE8/$file/SCPL_PressRelease_18_October_2012.pdf?openelement
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1234567
Senior |
18-Oct-2012 19:25
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Dividend payment on Dec 28 2012 ...
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1234567
Senior |
18-Oct-2012 19:22
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final (3.3cts) and special (0.5cts) dividend declared ! Total 3.8cts !  | ||||
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nstcsg
Member |
16-Oct-2012 20:56
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It has bounced off 38.2% fib level. heading back to 45cts. 2 more days to result announcement.  | ||||
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nstcsg
Member |
10-Oct-2012 17:57
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From recent base of 36cts it went up to a peak of 45cts and now retraced 38.2% to 42cts. See how it goes from here. The current broad market sentiment is not so good, resulting in profit taking. But full-year result and dividend is coming soon, 8 days more. This should help to support the price going forward.  | ||||
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tea444u
Master |
03-Oct-2012 00:05
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any news that it will be more than what has been indicated? i am hoping to see at least 4 cents this time.... 
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1234567
Senior |
02-Oct-2012 20:22
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16 more days to annoucement ... hoping for more than 3.3cts dividends ...
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1234567
Senior |
02-Oct-2012 20:17
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16 more days to annoucement ... hoping for more than 3.3cts dividends ...
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