Eratat Lifestyle

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11 years 4 months ago #15241 by Oceangrace
Replied by Oceangrace on topic Eratat Lifestyle
Anyone knows what is the dividend per share converted to SGD?

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11 years 4 months ago #15243 by newbiestock
Replied by newbiestock on topic Eratat Lifestyle
Take cny 0.025 divide by 5 approx, depending on exchange rate. Tat will be SGD0.005/share or SGD0.5 cents/share.

It will auto convert from rmb to sgd.

Oceangrace wrote: Anyone knows what is the dividend per share converted to SGD?

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11 years 4 months ago #15245 by gangho
Replied by gangho on topic Eratat Lifestyle
Eratat has been given out 0.5c div quite consistently over the years since its IPO. If it can increase to 0.75c to 1c, it should be able to attract pension funds.

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11 years 4 months ago #15248 by chinsoonyuen
Replied by chinsoonyuen on topic Eratat Lifestyle
but they are borrowing more money, yet we expecting more dividends and share buyback?

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11 years 4 months ago - 11 years 4 months ago #15249 by newbiestock
Replied by newbiestock on topic Eratat Lifestyle
chinsoonyuen, pls la, why not?

if the borrowed money can be invested with a higher return, why not?

sinograndness also borrow money. apple also borrow money. The borrowed money for Eratat is only about 20% of the total cash balances that Eratat hv.

my bullish bet for Eratat remains...

chinsoonyuen wrote: but they are borrowing more money, yet we expecting more dividends and share buyback?

Last edit: 11 years 4 months ago by newbiestock.

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11 years 4 months ago #15252 by Oceangrace
Replied by Oceangrace on topic Eratat Lifestyle
Thanks Newbiestock!

newbiestock wrote: Take cny 0.025 divide by 5 approx, depending on exchange rate. Tat will be SGD0.005/share or SGD0.5 cents/share.

It will auto convert from rmb to sgd.

Oceangrace wrote: Anyone knows what is the dividend per share converted to SGD?

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