| Latest Forum Topics / Ocean Sky Intl Last:0.047 -- |
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KepoChicken
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15-Aug-2013 12:14
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Ocean sky make the huge profit on discontinue operations.. want to reward the shareholders. | ||||
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gavinl
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15-Aug-2013 11:58
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Hoped not, but i dont think so there is error. However, i think they still need shareholders approval. If i m shareholder, there is no reason not to agree right? Huat ah.
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veliscorin
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15-Aug-2013 11:24
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wonder if they had a typo on their FS... 13c per share, when their shares are 20c, thats like 65%? possible meh? | ||||
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gavinl
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15-Aug-2013 09:51
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11. Dividend (a) Current Financial Period Reported On Any dividend recommended for the current financial period reported on? Yes. Name of Dividend Interim Dividend Type Cash 13 cents Per Ordinary Share Tax rate Tax Exempt (One-Tier | ||||
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veliscorin
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12-Jun-2013 12:44
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NOTICE IS HEREBY GIVEN THAT the Share Transfer Books and Register of Members of the Company will be closed on Thursday, 20 June 2013 for the purposes of determining shareholders’ entitlements to the one-tier tax-exempt Special Interim Dividend of 1.6 Singapore cents per ordinary share (the “Dividend”) for the financial year ending 31 December 2013, and for the preparation of dividend warrants.
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gavinl
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13-May-2013 15:17
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NOTICE OF BOOK CLOSURE DATE AND PAYMENT DATE NOTICE IS HEREBY GIVEN THAT the Share Transfer Books and Register of Members of the Company will be closed on Tuesday, 21 May 2013 for the purposes of determining shareholders’ entitlements to the one-tier tax-exempt Second and Final Dividend of 0.8 Singapore cent per ordinary share (the “Dividend”) for the financial year ended 31 December 2012, and for the preparation of dividend warrants. Duly completed transfers received by the Company’s Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., at 50 Raffles Place, Singapore Land Tower, #32-01 Singapore 048623, up to 5.00 p.m. on Monday, 20 May 2013 will be registered to determine shareholders’ entitlements to the Dividend. Shareholders (being Depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with ordinary shares as at 5.00 p.m. on 20 May 2013 will be entitled to the Dividend. The Dividend declared will be paid on Thursday, 30 May 2013. BY ORDER OF THE BOARD Chia Yau Leong Company Secretary
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veliscorin
Member |
10-Apr-2013 13:41
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Think the news has already died down. Based on the link by gavinl, it seems logical that TP should be around 25/26c, but based on market sentiment now it seems to be the other way round :( | ||||
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gavinl
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09-Apr-2013 16:24
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Ocean Sky - Trading Below Cash 12% Dividend YieldAuthor: kiasutrader | Publish date: Tue, 9 Apr 10:14 | > > Read article in Blog website Ocean
Sky divested its entire Apparel Operations for USD55m and its two
properties in Hong Kong for HKD57m. It will distribute special dividend
of SGD0.016/share from the disposals. This leaves it with a possible
cash hoard of USD92.8m - USD102.8m, which is 1.3x - 1.4x its current market capitalisation of SGD88.5m. Our SOTP valuation is in the range of SGD0.266 - SGD0.294, a 35% - 49% upside. Cash balance larger than market capitalisation. Following
these transactions, Ocean Sky will realise a net gain of USD17.0m,
while NTA / share will rise from USD0.181 to USD0.206. It will have a
possible cash hoard of USD92.8m - USD102.8m. This is 1.3x - 1.4x its
current market capitalisation of SGD88.5m. Ocean Sky intends to use its
cash to explore potential new business opportunities, such as the
construction business. Attractive 12% dividend yield. Ocean
Sky will distribute final dividend of SGD0.008 / share for FY12.
Including the special dividend, it will distribute SGD0.024 / share.
This translates into an attractive yield of 12.4%. 35% - 49% upside. Management
has not announced what it intends to do with its remaining associate
construction company, although we think it may increase its stake. As
management did not disclose the amount of cash that relates to its
Apparel Operations, we have assumed three scenarios. Taking those into
account and pegging a 5x P/E to its associate investment, we arrive at a
range of SGD266 - SGD0.294 / share SOTP valuation.  TP 0.266 to 0.294 Hahaha Enjoy |
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gavinl
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09-Apr-2013 15:56
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Hahahaha, sold 400 @ 23. Every Ocean Sky shareholders Big Huat Huat Ah! |
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gavinl
Supreme |
09-Apr-2013 15:17
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Sorry bro,dont think anyone can answer you that question. Normally after xd date, price will drop. But sometimes it will sustains. I m selling only 1/3 of my holdings and collect dividend for the rest.
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doldoves
Member |
09-Apr-2013 14:56
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a quick question, will have to hold till dividend is declared, but by then the price may dropped ya? so will it be kinda of difficult to enjoy both gains? appreciate advise ., thank you. :-)
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longterminvestor
Master |
09-Apr-2013 13:31
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FY12 report | ||||
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0468667
Member |
09-Apr-2013 13:05
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May I know where u see the dividend declaration? Sgx have meh? | ||||
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longterminvestor
Master |
09-Apr-2013 12:37
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2.4cents....12.4% yield......oh man so high...... | ||||
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dekmelvie
Senior |
09-Apr-2013 11:51
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how much dividend dude?
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gavinl
Supreme |
08-Apr-2013 18:32
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Touched high of 0.21 today.
Sunny days ahead. Think of the dividend it going to give already make me a happy man. Lol |
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gavinl
Supreme |
08-Apr-2013 16:09
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0.23 tp is roughly based on 0.205 plus the going to b declared dividends. Good luck my friend.
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doldoves
Member |
08-Apr-2013 16:01
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Thanks for advise.. am glad can sell without having to cut loss after holding for such a loooong time.... finally it's nearing my BP. whewing.
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gavinl
Supreme |
08-Apr-2013 15:49
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Thanks n i m looking at 0.23.
Pls dun blame me if it goes higher. Again, i tikam tikam only. Lol
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doldoves
Member |
08-Apr-2013 15:44
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Hey Gavini - Congrats to you.. any advise on TP as am stil a little under...hahaha..thanks
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