Hong Fok's a very quiet stock that no investor will notice. It is a property company and owns The Concourse as its biggest assets. Its net asset value stood at $2.36 while it is currently trading at $0.79.
Directors in the company is actively buying back Hong Fok shares and recently, it announced plans to issue 1 bonus share for every 10 shares owned.
Showing posts with label director. Show all posts
Showing posts with label director. Show all posts
Thursday, March 17, 2016
Tuesday, July 28, 2015
Lum Chang
Considerations
- 17 Feb: Announcement of Yishun mixed development valued at $487 million
- Brings total contract value to $1 billion in 2015
- director start buying back shares from Feb to Jun (after announcing contract win)
- Latest buyback price is at $0.375
- Increase of net cash from $79 million to $122 million in its 3rd Quarter Financial statements
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