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QAF Last:0.99

-0.005

QAF

Sorry u are correct bk value is 0.89 ( I was refering to my own old price when it was 80+ )
Now trading just above its book w 5c dividend a yr confirm and a special 2c dividend soon ( for sale of meat plant . So yield still above 7%
Holding on tight for it to retest the $1 level
Dyodd

spore1 ( Date: 03-Mar-2021 20:23) Posted:

Oic! What is the book value? I thought nav 90

FATABA ( Date: 03-Mar-2021 11:59) Posted:

Without the special dividend its already giving over 5% yield .
Profitable and trading below book.
W speical dividend 2c coming up .....
Happy investing.
Vested and added.

Oic! What is the book value? I thought nav 90

FATABA ( Date: 03-Mar-2021 11:59) Posted:

Without the special dividend its already giving over 5% yield .
Profitable and trading below book.
W speical dividend 2c coming up .....
Happy investing.
Vested and added.

spore1 ( Date: 02-Mar-2021 18:33) Posted:

I bot a bit at 96. Waiting for the dividend!

Without the special dividend its already giving over 5% yield .
Profitable and trading below book.
W speical dividend 2c coming up .....
Happy investing.
Vested and added.

spore1 ( Date: 02-Mar-2021 18:33) Posted:

I bot a bit at 96. Waiting for the dividend!

FATABA ( Date: 01-Mar-2021 09:53) Posted:

Bro the provision is alredy put into 2020 account . That is to have a clean sheet for 2021
Buyers is already doing DD work ( in this pandemic do they want to waste time if not interested. Anyway , account is handled over in Aus site doubt any issue
most likely a price is already agreed ...if not u would be open the account for people to check and see lol )

The 2c special dividend can also be estimated out NOW ( telling u they are confident that amount is more of surely can afford LOL
MOST likely it should normally be higher .....which means more working capital ...on the bright side can be 2.5c if much higher ( dream okk)

Whatever, QAF is expanding its plant into Phillipine ....Bread is a good stable food and the region are moving into this mid class daily breakfast need.

QAF is profitable and offering min 5c dividend which is good 5% yield stock
DYODD
Happy investing.

I bot a bit at 96. Waiting for the dividend!

FATABA ( Date: 01-Mar-2021 09:53) Posted:

Bro the provision is alredy put into 2020 account . That is to have a clean sheet for 2021
Buyers is already doing DD work ( in this pandemic do they want to waste time if not interested. Anyway , account is handled over in Aus site doubt any issue
most likely a price is already agreed ...if not u would be open the account for people to check and see lol )

The 2c special dividend can also be estimated out NOW ( telling u they are confident that amount is more of surely can afford LOL
MOST likely it should normally be higher .....which means more working capital ...on the bright side can be 2.5c if much higher ( dream okk)

Whatever, QAF is expanding its plant into Phillipine ....Bread is a good stable food and the region are moving into this mid class daily breakfast need.

QAF is profitable and offering min 5c dividend which is good 5% yield stock
DYODD
Happy investing.

Starship ( Date: 27-Feb-2021 18:26) Posted:

Alamak, this Special dividend is still not a reality....................................................

As previously announced, the Group intends to focus on the Bakery and the Distribution and Warehousing segments in the core markets of Singapore, Malaysia and the Philippines, catering to a growing 650 million population of ASEAN countries. The sale process for the Group&rsquo s Primary Production business, has already started and is ongoing. Several interested parties have been invited to conduct, and are conducting, due diligence on the business.

It is expected that following completion of due diligence, negotiation phase for the sale and purchase agreement (SPA) will take place. Subject to successful negotiation and signing of the SPA, completion will take place in the event conditions to be agreed upon, including any requisite regulatory approvals, are satisfied.

It is the intention of the Company that upon successful closing of the transaction, the Company will propose payment of a special dividend of 2 cents per share. It is highlighted that there is no assurance that a sale of the Primary Production business or payment of a special dividend will materialise in due course.

Shareholders and other investors are reminded to exercise caution when dealing in the securities of the Company and should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers if they are in doubt about the actions that they should take

Bro the provision is alredy put into 2020 account . That is to have a clean sheet for 2021
Buyers is already doing DD work ( in this pandemic do they want to waste time if not interested. Anyway , account is handled over in Aus site doubt any issue
most likely a price is already agreed ...if not u would be open the account for people to check and see lol )

The 2c special dividend can also be estimated out NOW ( telling u they are confident that amount is more of surely can afford LOL
MOST likely it should normally be higher .....which means more working capital ...on the bright side can be 2.5c if much higher ( dream okk)

Whatever, QAF is expanding its plant into Phillipine ....Bread is a good stable food and the region are moving into this mid class daily breakfast need.

QAF is profitable and offering min 5c dividend which is good 5% yield stock
DYODD
Happy investing.

Starship ( Date: 27-Feb-2021 18:26) Posted:

Alamak, this Special dividend is still not a reality....................................................

As previously announced, the Group intends to focus on the Bakery and the Distribution and Warehousing segments in the core markets of Singapore, Malaysia and the Philippines, catering to a growing 650 million population of ASEAN countries. The sale process for the Group&rsquo s Primary Production business, has already started and is ongoing. Several interested parties have been invited to conduct, and are conducting, due diligence on the business.

It is expected that following completion of due diligence, negotiation phase for the sale and purchase agreement (SPA) will take place. Subject to successful negotiation and signing of the SPA, completion will take place in the event conditions to be agreed upon, including any requisite regulatory approvals, are satisfied.

It is the intention of the Company that upon successful closing of the transaction, the Company will propose payment of a special dividend of 2 cents per share. It is highlighted that there is no assurance that a sale of the Primary Production business or payment of a special dividend will materialise in due course.

Shareholders and other investors are reminded to exercise caution when dealing in the securities of the Company and should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers if they are in doubt about the actions that they should take.

Starship ( Date: 27-Feb-2021 18:17) Posted:

Where did u see the Special dividend?
I can' t find it in the earning release nor comapany website, nor SGX website nor Yahoo Finance nor SG Dividends.
Worse still, not a single news media even bothered to report it' s earnings.

https://www.qaf.com.sg/wp-content/uploads/2021/02/QAF-FY2020-Results-Announcement_final.pdf

I' ve been contemplating getting rid of this counter after reading it' s FY report.
Been holding it for 8 years but everything abt it has been stagnant and worse suffered capital loss on share price the past 7 years.
Company profit stagnant, divident stagnant, share price stagnant, even trading volume stagnant (meaning it' s really hard to sell off the shares

How come I get the feeling that all the SGX-listed companies owned by Indon billionaire families are not doing well at all?
And the mon & pop dividend investors here always bear the brunt of their ever-downward spiralling share price.

Alamak, this Special dividend is still not a reality....................................................

As previously announced, the Group intends to focus on the Bakery and the Distribution and Warehousing segments in the core markets of Singapore, Malaysia and the Philippines, catering to a growing 650 million population of ASEAN countries. The sale process for the Group&rsquo s Primary Production business, has already started and is ongoing. Several interested parties have been invited to conduct, and are conducting, due diligence on the business.

It is expected that following completion of due diligence, negotiation phase for the sale and purchase agreement (SPA) will take place. Subject to successful negotiation and signing of the SPA, completion will take place in the event conditions to be agreed upon, including any requisite regulatory approvals, are satisfied.

It is the intention of the Company that upon successful closing of the transaction, the Company will propose payment of a special dividend of 2 cents per share. It is highlighted that there is no assurance that a sale of the Primary Production business or payment of a special dividend will materialise in due course.

Shareholders and other investors are reminded to exercise caution when dealing in the securities of the Company and should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers if they are in doubt about the actions that they should take.

Starship ( Date: 27-Feb-2021 18:17) Posted:

Where did u see the Special dividend?
I can' t find it in the earning release nor comapany website, nor SGX website nor Yahoo Finance nor SG Dividends.
Worse still, not a single news media even bothered to report it' s earnings.

https://www.qaf.com.sg/wp-content/uploads/2021/02/QAF-FY2020-Results-Announcement_final.pdf

I' ve been contemplating getting rid of this counter after reading it' s FY report.
Been holding it for 8 years but everything abt it has been stagnant and worse suffered capital loss on share price the past 7 years.
Company profit stagnant, divident stagnant, share price stagnant, even trading volume stagnant (meaning it' s really hard to sell off the shares)

FATABA ( Date: 27-Feb-2021 16:16) Posted:

BRo u miss half the money lah ...another special 2c dividend is SO more or less confirm for sale of meat plant .

QAF is ONE so well accounted company where they PROvision off this lost for meat plant knowing it will be sold in !H 2021 ( read the details in their report)
Well DONE ...a clean sheet for them now ....bread business are also growing .

ON THE POSSIBLE hight side ( accountant are conservative .....)) the sale price of meat plant is estimate ( Already buyers are doing due diligent LOL )
Most likely I expect it to be higher.....due to the GLOBAL high demand of good clean meat operation .

Happy investing. Huat lah

Where did u see the Special dividend?
I can' t find it in the earning release nor comapany website, nor SGX website nor Yahoo Finance nor SG Dividends.
Worse still, not a single news media even bothered to report it' s earnings.

https://www.qaf.com.sg/wp-content/uploads/2021/02/QAF-FY2020-Results-Announcement_final.pdf

I' ve been contemplating getting rid of this counter after reading it' s FY report.
Been holding it for 8 years but everything abt it has been stagnant and worse suffered capital loss on share price the past 7 years.
Company profit stagnant, divident stagnant, share price stagnant, even trading volume stagnant (meaning it' s really hard to sell off the shares)

FATABA ( Date: 27-Feb-2021 16:16) Posted:

BRo u miss half the money lah ...another special 2c dividend is SO more or less confirm for sale of meat plant .

QAF is ONE so well accounted company where they PROvision off this lost for meat plant knowing it will be sold in !H 2021 ( read the details in their report)
Well DONE ...a clean sheet for them now ....bread business are also growing .

ON THE POSSIBLE hight side ( accountant are conservative .....)) the sale price of meat plant is estimate ( Already buyers are doing due diligent LOL )
Most likely I expect it to be higher.....due to the GLOBAL high demand of good clean meat operation .

Happy investing. Huat lah

Starship ( Date: 26-Feb-2021 22:49) Posted:

Constant Dividend of 1c + 4c = 5c per annum:

11. Dividends

(a) Current financial period reported on Any dividend declared?
Yes

Interim (paid) Proposed Final Dividend
1 cent per ordinary share 4 cents per ordinary share

BRo u miss half the money lah ...another special 2c dividend is SO more or less confirm for sale of meat plant .

QAF is ONE so well accounted company where they PROvision off this lost for meat plant knowing it will be sold in !H 2021 ( read the details in their report)
Well DONE ...a clean sheet for them now ....bread business are also growing .

ON THE POSSIBLE hight side ( accountant are conservative .....)) the sale price of meat plant is estimate ( Already buyers are doing due diligent LOL )
Most likely I expect it to be higher.....due to the GLOBAL high demand of good clean meat operation .

Happy investing. Huat lah

Starship ( Date: 26-Feb-2021 22:49) Posted:

Constant Dividend of 1c + 4c = 5c per annum:

11. Dividends

(a) Current financial period reported on Any dividend declared?
Yes

Interim (paid) Proposed Final Dividend
1 cent per ordinary share 4 cents per ordinary share

A whopping $20+m written off in 2H20 for its Primary Production business.

(ii) The following items, if significant, must be included in the income statement or in the notes to the income statement for current financial period reported on and the corresponding period of the immediately preceding financial year:

- (a) Discontinuing operations

Following the Group&rsquo s decision to pursue a sale of the Primary Production business, the Group has reclassified the business as a disposal group held for sale in accordance with SFRS(I) 5 Noncurrent Assets Held for Sale and Discontinued Operations.

In connection with such reclassification and based on management&rsquo s current estimates, the Group recorded as an exceptional item, a non-cash loss on remeasurement of $28.7 million on the Primary Production business.

This resulted in a loss from discontinuing operations of $13.7 million for FY 2020. This remeasurement loss is taken at Group consolidated accounts level and does not affect the financial results of Rivalea.
Excluding this remeasurement loss of $28.7 million, Primary Production business would have recorded a Profit after tax of $15.0 million.

https://links.sgx.com/FileOpen/QAF%20FY2020%20Results%20Announcement_final.ashx?App=Announcement& FileID=649968

Starcker ( Date: 26-Feb-2021 19:15) Posted:

Net profit no change from last year.

FATABA ( Date: 23-Feb-2021 17:11) Posted:

Finally this BREAD cost a $1 each ......any news and relatively good VOLUME ?

Today hit a New 52W High of $1 !!!!!!

U are back SS.

Every year 4c for CNY aro 5% yield for dividend this stock
Also Australia meat plant was out for sale / wonder any offer .....this can push this counter above 1.20 if sold
Dyodd

Secret_Squirrel ( Date: 04-Feb-2021 12:23) Posted:

Pork demand and prices should be up, as shops are selling Bakkwa for Chinese New Year.