| Latest Forum Topics / Second Chance |
|
|
good divident yield
|
|||
|
edwinjup
Supreme |
02-May-2014 15:32
|
||
|
x 0
x 0 Alert Admin |
Mgt.promise at least 3.5c div for.2014.plus.6% of 175m as.special.div.on.property.sales....should be.a.good year....can tikam.some wrt as it is offer.a.2.cents discount.... | ||
| Useful To Me Not Useful To Me | |||
|
edwinjup
Supreme |
02-May-2014 14:42
|
||
|
x 0
x 0 Alert Admin |
With special.div ahead...2nd.chances.wrt.is.selling at a.great discount.....2 cents.offer ......can tikam.if u trust.2nd.chance | ||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
Aberdeen123
Senior |
31-Mar-2014 16:25
|
||
|
x 0
x 0 Alert Admin |
2QFY14 net profit slid 9.9% y/y to $2.7m, despite revenue climbing 3.4% to $10.5m. The increase came from a 62.8% spike in Securities revenue attributable to coupon payments and dividends received. Revenue sources from all other businesses fell. Gross margins slid from 58% to 57%. Interim dividend of 2¢ declared. |
||
| Useful To Me Not Useful To Me | |||
|
Azzaramich
Member |
14-Feb-2014 10:25
|
||
|
x 0
x 0 Alert Admin |
Further purchase of more than 1 m shares in the open market by the boss. | ||
| Useful To Me Not Useful To Me | |||
|
Azzaramich
Member |
11-Feb-2014 12:48
|
||
|
x 0
x 0 Alert Admin |
The boss has bought more shares in the company.   I am hopeful of 2nd Chance's expansion in the retail sector. | ||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
sean123
Member |
07-Feb-2014 13:28
|
||
|
x 0
x 0 Alert Admin |
Hoping there is a special dividend to benefit shareholders like me....  
|
||
| Useful To Me Not Useful To Me | |||
|
Azzaramich
Member |
07-Feb-2014 12:14
|
||
|
x 0
x 0 Alert Admin |
This is a good move, if 2nd Chance is able to sell at the desired price. There is limited upside on SGP property. With rising interest rates, cash on hand will be king. Also it is time for 2nd Chance to tap into the growing spending power in SEA n India.
There may be a special bonus in the plan. |
||
| Useful To Me Not Useful To Me | |||
|
Novice13
Veteran |
07-Feb-2014 11:31
|
||
|
x 0
x 0 Alert Admin |
If 2nd Chance sells off its properties investment, shareholders may benefit in short term. But in long term, this move likely greatly reduce its future revenues and profits as its solely depends on its retail businesses.   | ||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
Octavia
Supreme |
07-Feb-2014 10:59
|
||
|
x 0
x 0 Alert Admin |
Second Chance entered option agreement with Celestine Management to dispose an aggregate 45 properties at $175.4m, 30.1% above its market valuation of $134.8m as of 7 Nov 2013. The option will lapse on 29 Aug. Going forward, group intends to significantly reduce its exposure in investment properties and the proceeds may be redeployed into regional expansion of its apparel/ jewellery retail business. | ||
| Useful To Me Not Useful To Me | |||
|
oldflyingfox
Master |
10-Sep-2013 08:42
|
||
|
x 0
x 0 Alert Admin |
When is the expected date for the full year result to be release? | ||
| Useful To Me Not Useful To Me | |||
|
sean123
Member |
10-Sep-2013 08:05
|
||
|
x 0
x 0 Alert Admin |
Profit Alert The valuations of the Groupâ??s properties for FY 2013 as at 31 August 2013 carried out by Jones Lang LaSalle, indicate a substantial increase in value compared with the previous year which is in tandem with the rising commercial real estate market. This will also result in a considerable increase in record net profit for FY 2013. |
||
| Useful To Me Not Useful To Me | |||
|
nummus
Member |
08-May-2013 23:21
|
||
|
x 0
x 0 Alert Admin |
Insider buying today! | ||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
1234567
Senior |
27-Apr-2013 20:40
|
||
|
x 0
x 0 Alert Admin |
Dividend Guidance For financial year 2013 and barring any unforeseen circumstances the Board intends to distribute a tax exempt (one tier) dividend of 3. 4 cents per ordinary share.   http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B4FF35B23EEB863448257B3B003935A7/$file/SCPL_DividendGuidance_27March2013.pdf?openelement |
||
| Useful To Me Not Useful To Me | |||
|
nstcsg
Member |
06-Dec-2012 13:02
|
||
|
x 0
x 0 Alert Admin |
45cts coming soon. ex-Div nearer and nearer. | ||
| Useful To Me Not Useful To Me | |||
|
1234567
Senior |
19-Oct-2012 19:37
|
||
|
x 0
x 0 Alert Admin |
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.
|
||
| Useful To Me Not Useful To Me | |||
|
1234567
Senior |
19-Oct-2012 19:36
|
||
|
x 0
x 0 Alert Admin |
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. |
||
| Useful To Me Not Useful To Me | |||
|
1234567
Senior |
19-Oct-2012 18:40
|
||
|
x 0
x 0 Alert Admin |
I bought more sometimes back and holding them. Holding onto more than one million 2017 warrant bonus shares ...
![]()
|
||
| Useful To Me Not Useful To Me | |||
|
tea444u
Elite |
19-Oct-2012 15:15
|
||
|
x 0
x 0 Alert Admin |
this one can play the warrant 2017 one? anyone buying that? | ||
| Useful To Me Not Useful To Me | |||
|
1234567
Senior |
19-Oct-2012 14:24
|
||
|
x 0
x 0 Alert Admin |
High volume today! Anyone selling ?         Or buying ?    
|
||
| Useful To Me Not Useful To Me | |||
|
nstcsg
Member |
18-Oct-2012 19:52
|
||
|
x 0
x 0 Alert Admin |
woot! nice. The special dividend is a pleasant surprise. | ||
| Useful To Me Not Useful To Me | |||


 

        Or buying ?