INNOTEK

More
12 years 10 months ago #8174 by yeng
Replied by yeng on topic Re:Re:INNOTEK
Sabana has fallen to 87.5 after going x-d, yielding 2.17 cent in dividend. Badly underperformed in this current market rally.
[hr]
[viviene 28-01-2012]:

Sabana didnt turn out to be a cool investment, as Innotek bought at $1.05 IPO price. The price currently is 91 cents, so it lost 14 cents per unit!
The dividend return probably has not covered the hole opened by the capital loss (paper loss).

Please Log in or Create an account to join the conversation.

More
12 years 10 months ago #8233 by yeng
Replied by yeng on topic Re:INNOTEK
45.5 c. Justified?

Please Log in or Create an account to join the conversation.

More
12 years 9 months ago #8342 by yeng
Replied by yeng on topic Re:INNOTEK
SGX-Listed InnoTek Disposes Stakes in Two Subsidiaries;
Resources Re-Allocated to Move Up Value Chain;
Prepare for Investment in New Business


Thumbs Up!

Group Managing Director of InnoTek Mr. Yong Kok Hoon said, “We remain focused on reducing dependence on businesses which are lower in strategic value, facing margin pressure or are less stable. Instead, resources will be channeled to enhance our value proposition in office automation and automotive divisions, move up the value chain to capture new opportunities in higher-end smart TV business and for a new electronics-related business.”

Please Log in or Create an account to join the conversation.

More
12 years 9 months ago #8348 by yeng
Replied by yeng on topic Re:INNOTEK - 10% yield
Now, this is what I call a company that is shareholder-friendly!
Stock up 1 cent today to reach 48 cents.


SGX-Listed InnoTek Announces FY’11 Net Profit of S$0.5 Million;
Proposes 5.0-Cent Final Dividend For Fourth Consecutive Year

Please Log in or Create an account to join the conversation.

More
12 years 9 months ago #8357 by Leo
Replied by Leo on topic Re:Re:INNOTEK - 10% yield
They did not make enough profit for FY11 to distribute $0.05 div per share so they are distributing previous years' retained earnings.........
[hr]
[yeh 21-02-2012]:

Now, this is what I call a company that is shareholder-friendly!
Stock up 1 cent today to reach 48 cents.


SGX-Listed InnoTek Announces FY’11 Net Profit of S$0.5 Million;
Proposes 5.0-Cent Final Dividend For Fourth Consecutive Year

Please Log in or Create an account to join the conversation.

More
12 years 9 months ago #8358 by Leo
Replied by Leo on topic Re:Re:Re:INNOTEK - 10% yield
Plus Gains from selling off European subsidiary..... "The disposal of Exerion, which sells printing, medical, industrial and semiconductor equipment, is expected to realise an estimated gain on disposal of approximately Euro 1.1 million (S$2.9 million) from an aggregate consideration of approximately Euro 3.2 million (S$5.4 million)."

Please Log in or Create an account to join the conversation.

Time to create page: 0.217 seconds
Powered by Kunena Forum
 

We have 2222 guests and no members online

rss_2 NextInsight - Latest News