Raffles Holdings
Haha... STI up 31 points today!!! So happy... Its hitting 2,600 sooooooon
Today in focus Raffles Holdings. This company previously owned Raffles Hotel which was sold recently. The directors decided not to do business anymore.
Parent company, Capitaland, decided to buy back all the shares at 6 cents but on top of that, RH is distributing 33 cents divdends and 37 cents capital distribution. Thus total 76cents
Current market price before market starts is 73cents and it closed at 75.5cent
Well... there is still chance to earn that 1/2 cent profit else wait til the price fell lor.
As small investor, i dont think its profitable to buy this shares as 1 lot only earns $5 (based on 75.5cents)
Anyway... up to u lor. I dont have the fund so... give up...
Today in focus Raffles Holdings. This company previously owned Raffles Hotel which was sold recently. The directors decided not to do business anymore.
Parent company, Capitaland, decided to buy back all the shares at 6 cents but on top of that, RH is distributing 33 cents divdends and 37 cents capital distribution. Thus total 76cents
Current market price before market starts is 73cents and it closed at 75.5cent
Well... there is still chance to earn that 1/2 cent profit else wait til the price fell lor.
As small investor, i dont think its profitable to buy this shares as 1 lot only earns $5 (based on 75.5cents)
Anyway... up to u lor. I dont have the fund so... give up...
posted by Kongming at
8:52 pm
4 Comments:
why so happy....your shares also go up...
got nightmare last night... think it will fall today...
STI goes up means economy is good. got hope for pay increment hahaa
ur company so gd ah? wil adjust pay if econ is gd?
yr end increment lor. hope to have... this yr very busy. i got 7 cases in hand yet started.
if all 7 cases r new cases, i still can pass to the 2 new guys. but sadly... all my cases...
the 'standard' is 'last yr u do, this yr u do'
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