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After so long & also unexpected price dropped, finally insider started buying again.
This time is CEO bought over 200k units.
Is high time other directors also come out to support price.
Not doing anything will tell ppl they themselves have no confident of the company.
This time is CEO bought over 200k units.
Is high time other directors also come out to support price.
Not doing anything will tell ppl they themselves have no confident of the company.
From the results, revenue increased for the pasr few qtrs while debt is decreasing.
In fact, this year they have step up the repayment from $60m to $80m.
The intention is to eventually repay all off shore loans.
Financially, APTT had become stronger.
The paying of current annual DPU of 1.05c is totally none issue to them now.
We may even see further upside of dividend few years down the road.
Surely worth keeping the shares for long term passive income to me.
In fact, this year they have step up the repayment from $60m to $80m.
The intention is to eventually repay all off shore loans.
Financially, APTT had become stronger.
The paying of current annual DPU of 1.05c is totally none issue to them now.
We may even see further upside of dividend few years down the road.
Surely worth keeping the shares for long term passive income to me.
Ex Date 21st Sep
Payment Date 29th Sep
0.525 cents per share
Payment Date 29th Sep
0.525 cents per share
hoyhey ( Date: 13-May-2023 16:06) Posted:
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Q1 2023 Result is out. Dividend to be paid on half-yearly - when will that be?
Asian Pay Television Trust
Between Apr 24 and 25, non-executive director of the trustee-manager of APTT : S7OU 0%, Dai Yung Huei, increased his deemed interest at the same price as his recent acquisitions at S$0.109 per unit. This saw 820,100 units acquired by Araedis Investment, increasing Dai&rsquo s deemed interest of APTT from 19.43 per cent to 19.47 per cent.
Dai is the chairman of Da Da Digital Convergence Co and the founder of Dafeng TV &ndash the first publicly traded cable TV provider in Taiwan, which operates in domestic markets including New Taipei City and Kaohsiung City. APTT is the first listed business trust in Asia focused on pay-TV and broadband businesses.
No doubt financial cost has went up.
For APTT, most of their debts are on shore.
Taiwan is quite similar to Japan, low interest rate.
Hence, management priority is to reduce off shore loans first.
For APTT, most of their debts are on shore.
Taiwan is quite similar to Japan, low interest rate.
Hence, management priority is to reduce off shore loans first.
Yeah..my biggest worry here is their very big debt. This will cost them dearly in their financial costs.
pkli899 ( Date: 28-Apr-2023 11:33) Posted:
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Yes, u may call it stable.
This year onwards, they will raise DPU by 5%.
Let' s see once they start giving out as promise, whether price can move up or not?
1.05c for share price of 11c, means yield is above 9.5%!
Most importantly, no problem for them to pay out this amount.
They still have plenty spare, which they are using to pare down their debts.
They have been doing it for the passed few years.
Probably, by now, they have reduced close to 200 m of their loans.
This year onwards, they will raise DPU by 5%.
Let' s see once they start giving out as promise, whether price can move up or not?
1.05c for share price of 11c, means yield is above 9.5%!
Most importantly, no problem for them to pay out this amount.
They still have plenty spare, which they are using to pare down their debts.
They have been doing it for the passed few years.
Probably, by now, they have reduced close to 200 m of their loans.
Ironies or all ironies!
My Asia Pay TV shares are the most stable in terms of price! LOL
My Asia Pay TV shares are the most stable in terms of price! LOL
pkli899 ( Date: 27-Apr-2023 22:31) Posted:
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DYH stopped for awhile, started buying again.
2 purchases total 820,100 units at 10.9c.
2 purchases total 820,100 units at 10.9c.
Asian Pay Television Trust
Between Apr 10 and 11, non-executive director and vice-chair of the trustee-manager of Asian Pay Television Trust : S7OU -0.92% (APTT), Lu Fang-Ming, acquired 216,000 units of the business trust for a consideration of S$23,339. At an average price of S$0.108 per unit, this increased Lu&rsquo s total interest in APTT from 1.09 per cent to 1.10 per cent.
Lu has been a corporate executive vice president of Hon Hai/Foxconn Technology Group since the intelligent hub and switch products ODM manufacturing company he co-founded was acquired by Hon Hai/Foxconn Technology Group in May 2000. From 2014 to 2021, Lu was the chairman of Asia Pacific Telecom Group, Taiwan&rsquo s fourth largest mobile carrier.
On Apr 6, non-executive director of the trustee-manager of APTT, Dai Yung Huei, marginally increased his deemed interest at S$0.109 per unit. This saw 31,000 units acquired by Araedis Investment, with Dai&rsquo s deemed interest of APTT at 19.36 per cent. Dai is the chairman of Da Da Digital Convergence Co and the founder of Dafeng TV &ndash the first publicly traded cable TV provider in Taiwan, which operates in domestic markets including New Taipei City and Kaohsiung City. APTT is the first listed business trust in Asia focused on pay-tv and broadband businesses
Take turn to buy.....this time is DYH.....5 purchases.....total 1,154,500 units.
Some at 10.8c. Mostly, 10.9c.
Good sign.
Some at 10.8c. Mostly, 10.9c.
Good sign.
Lu Fang-Ming turn to buy.
2 purchases, total 216,100 units at 10.8c.
2 purchases, total 216,100 units at 10.8c.
Aiyo, 31k units purchased at 10.9c by DYH.
So little, funny hor.
So little, funny hor.
Two more purchases by DYH.
700k units at 10.8c.
700k units at 10.8c.
Yes. PRC person cannot be a shareholder of APTT too. I think some years back, I saw some announcements that manager sold those PRC shareholder shares in the open market.
Some special rules that apply to APTT.
Some special rules that apply to APTT.
pkli899 ( Date: 27-Mar-2023 12:08) Posted:
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Thanks for the info.
cmengchan ( Date: 25-Mar-2023 13:45) Posted:
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Asian Pay Television Trust
Between Mar 16 and 17, the non-executive director of the trustee-manager of Asian Pay Television Trust : S7OU -1.83%, Dai Yung Huei, increased his deemed interest from 19.28 per cent to 19.32 per cent.
This saw 700,000 units of APTT acquired by Araedis Investment at S$0.11 per unit.
Dai has gradually increased his total interest in APTT from 18.27 per cent in September 2022.
He is also the chairman of Da Da Digital Convergence and the founder of Dafeng TV, the first publicly traded cable TV provider in Taiwan, which operates in domestic markets including New Taipei City and Kaohsiung City.
During the question & answer session of the Asian Pay Television Trust Q4 2022 results briefing via Zoom on Feb 24, the manager of APTT highlighted that a big draw for its higher speed plans has been the Android gateway.
The manager added that subscribers get over-the-top content on this Android gateway, which also enables the upselling of additional services with some examples including healthcare, security and gaming applications using IoT smart home devices that tap into the high-speed connection.
Correction. I think the limit is cannot exceed 33% ownership not 20%.
Below info from APTT web site.
No PRC Person shall hold or control Units in Asian Pay Television Trust in breach of the PRC Investment Restrictions and no Restricted Party shall hold or control Units in breach of the Taiwan Government third Ownership Restrictions. The Trustee-Manager may, in the case of a breach of the PRC Investment Restrictions and/or the Taiwan Government Ownership Restrictions and/or where a corporate entity which provides cable television services in Taiwan (as determined by the Trustee-Manager in its sole discretion) holds or acquires more than one-third of the total issued Units, take all steps and do all things as they may in their absolute discretion deem necessary to ensure that the restrictions thereunder are complied with. In particular, the Trust Deed provides that the Trustee-Manager has the power to require the relevant Unitholders to dispose of their Units and, if such request is not complied with within 21 days after such request (or such shorter period as the Trustee-Manager shall consider reasonable), the power to arrange for the sale of the Units. Pending such sale, the Trustee-Manager has the power to suspend the voting rights of such Units and/or to restrict the transfer of such Units. The Trustee-Manager shall not be required to give any reason for, and shall not under any circumstances be liable to or be responsible for any losses incurred by, any person as a result of, any decision, declaration or action taken or made in this regard.
Below info from APTT web site.
No PRC Person shall hold or control Units in Asian Pay Television Trust in breach of the PRC Investment Restrictions and no Restricted Party shall hold or control Units in breach of the Taiwan Government third Ownership Restrictions. The Trustee-Manager may, in the case of a breach of the PRC Investment Restrictions and/or the Taiwan Government Ownership Restrictions and/or where a corporate entity which provides cable television services in Taiwan (as determined by the Trustee-Manager in its sole discretion) holds or acquires more than one-third of the total issued Units, take all steps and do all things as they may in their absolute discretion deem necessary to ensure that the restrictions thereunder are complied with. In particular, the Trust Deed provides that the Trustee-Manager has the power to require the relevant Unitholders to dispose of their Units and, if such request is not complied with within 21 days after such request (or such shorter period as the Trustee-Manager shall consider reasonable), the power to arrange for the sale of the Units. Pending such sale, the Trustee-Manager has the power to suspend the voting rights of such Units and/or to restrict the transfer of such Units. The Trustee-Manager shall not be required to give any reason for, and shall not under any circumstances be liable to or be responsible for any losses incurred by, any person as a result of, any decision, declaration or action taken or made in this regard.
I think so. If I am not wrong, the Taiwan laws is meant to prevent control or ownership of media infrastructure assets by individuals due to sensitive nature.
But APTT is paying down debt and increasing dividend. So the share price will eventually move up in long term. There is always the ongoing risk of China-Taiwan conflict that will cap share price appreciation.
But APTT is paying down debt and increasing dividend. So the share price will eventually move up in long term. There is always the ongoing risk of China-Taiwan conflict that will cap share price appreciation.
lawrence83 ( Date: 25-Mar-2023 10:30) Posted:
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