freight links

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10 years 7 months ago #15472 by gmj
freight links was created by gmj
did I miss something on Freight Links.Running with high vol.What's the story???
Thanks

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10 years 7 months ago #15474 by GEO
Replied by GEO on topic freight links
Freight Links is one of the pennies that give decent dividends and the dividends has been improving over the years. It manages Sabana REIT properties if i did not got it wrong.

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10 years 7 months ago #15476 by gmj
Replied by gmj on topic freight links
it looks very strong buying for the last few days.Div 0.5c CD.good yield and also very small float as major s/h holds 51%.Cld be a good time to get in as risk is low at this price.What are the analyst reports/Have not seen any write up.Shld go back to 16ct at the last high?

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10 years 5 months ago #15960 by yeng
Replied by yeng on topic freight links
Freight Links subsidiary loaned City Harvest Church $45 million to refinance a loan for buying a stake in Suntec City.

Freight Links subsi is charging 8% interest p.a. for loan period of 6 years.

+ front-end fee of $13 million for 5 years.

Effective interest works out to 12.8% p.a.

It's quite an onerous set of terms

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