| Latest Forum Topics / HG Metal Last:0.505 -- |
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Nobody interested in this stock?
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Cherryredbibi
Member |
27-Apr-2021 10:49
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Big confusion about div payout. So is it 0.5 or 0.005cents or 0.05 . Huge debate | ||||
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Cherryredbibi
Member |
27-Apr-2021 10:47
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Big confusion about div payout. So is it 50cents or 0.05 cents | ||||
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Secret_Squirrel
Elite |
27-Apr-2021 09:17
Yells: "Stay curious but skeptical" |
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Last done 37.5 cents . Up 7 cents.
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Secret_Squirrel
Elite |
21-Apr-2021 12:35
Yells: "Stay curious but skeptical" |
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Long forgotten stock. Annual report out on 8 April 2021. Worth taking a look at the annual report.
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newbie19
Supreme |
11-Feb-2021 14:17
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Happy Lunar New Year to everyone here.. May Niu year brings good health not forgetting HUAT all the way to the banks..😁 | ||||
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chinton86
Master |
06-Dec-2017 08:35
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With BRC at near $2 seems like HG metal ganna played out leh. | ||||
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MichaelSchenker
Master |
05-Dec-2017 20:52
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10.5 cents money back capital reduction. Only the dividend-crazy guys would fall for it. After which would likely be trapped for months or years. Just look at the thinly traded volume on average. |
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katak88
Master |
26-Oct-2017 09:01
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HG Metal shareholders vote fully in favour of capital reduction, sale of BRC Asia stakeWed, Oct 25, 2017 - 7:17 PMHG Metal shareholders on Wednesday voted fully in favour of an asset sale and capital reduction exercise during its extraordinary general meeting (EGM). Shareholders of the steel distributor voted on plans to pay a cash distribution of 10.5 Singapore cents per share, and to write off S$68.2 million of accumulated losses. Cash for the distribution is expected to come from a proposed sale of HG Metal' s 23 per cent stake in steel mesh maker BRC Asia for S$39 million. The move comes after activist fund Quarz Capital Asia had in June urged the firm to consider selling its stake in BRC Asia, arguing that the stake provided no value to HG Metal' s operations. No parties were permitted to abstain from voting on the resolution, it said. Ardent Business Advisory Pte Ltd was appointed as the scrutineer for the EGM. |
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katak88
Master |
03-Oct-2017 10:35
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HG Metal calls Oct 25 vote on capital reduction, sale of BRC Asia stakeTue, Oct 03, 2017 - 8:15 AMHG Metal has called an extraordinary general meeting (EGM) on Oct 25, 2017 to seek shareholder approval for an asset sale and capital reduction exercise. Shareholders of HG Metal, a steel distributor, will vote on plans to pay out a cash distribution of 10.5 Singapore cents per share and to write off S$68.2 million of accumulated losses. Cash for the distribution is expected to come from a proposed sale of HG Metal' s 23 per cent stake in steel mesh maker BRC Asia for S$39 million, which HG Metal shareholders will also vote on. The move comes after activist fund Quarz Capital Management had earlier urged the firm to consider selling its stake in BRC Asia, arguing that the stake provided no value to HG Metal' s operations. |
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MarkWhitacre
Member |
29-Sep-2017 09:48
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sold off brc shares, now capital reduction, looks like something big is going to happen soon... | ||||
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Adtower
Veteran |
05-Jul-2017 00:28
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😝 😝 😝
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Msport
Elite |
04-Jul-2017 10:10
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need volume!! | ||||
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madboysg
Member |
03-Jul-2017 19:55
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depned whether can break 0.495 ... which was the last 2 weeks high. Tested twice. To me, it might have a great chance to break it, and reach 0.535 first, than go for min correction back to 0.45. |
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Msport
Elite |
03-Jul-2017 09:34
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break above 50c soon? | ||||
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madboysg
Member |
02-Jul-2017 20:48
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BRC still on going, if can get through, HG Metals migh pay a special dividend. | ||||
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didisiaosiao
Master |
30-Jun-2017 20:59
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Pls short. Bcareful ur kkj mo kana burnt.....:::))))))
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Adtower
Veteran |
30-Jun-2017 19:50
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Next week good to short!!
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didisiaosiao
Master |
30-Jun-2017 18:49
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Quietly moving up. Watchlisted!!!! Clearing 50c soon???? | ||||
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Damian
Member |
14-Jun-2017 11:28
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More opinions on HG Metal situation: http://stockresearch...ockists-as-well |
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stockinvestor
Master |
01-Jun-2017 13:57
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nextinsight reported that Quarz wrote a letter to HG Metal mgt. | ||||
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