freight links

02 Aug 2013 17:52 #15472 by gmj
gmj created the topic: freight links
did I miss something on Freight Links.Running with high vol.What's the story???

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02 Aug 2013 18:14 #15474 by GEO
GEO replied the 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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02 Aug 2013 20:12 #15476 by gmj
gmj replied the 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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04 Sep 2013 19:46 #15960 by yeng
yeng replied the 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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