These Shares worth buying-sure win???
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Besides jade,Str Asia is one of my best bet...with a dividend of USD 0.218 per lot ie every 10 lots entitle to USD 218 or S$327 ex date 7 may..even if buy now the yield even higher as our holding is less tha a year ..Str Asia previously issue shares at $1.478 and part cash to acquire to acquire coalmine in E.Kalimantan..an instiution favourite. Like Cosco paying a dividend of S$77 per share,ex date 28 April..it is better that keeping cash in the bank paying a miserable <1%...worth buying for both counters ...limited downside
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....accummulate quite a lot since Jan 2009...prepare to get dividends $77 per lot....attend AGM lah..got very sumptuious meal too.. COSCO CORPORATION (SINGAPORE) LIMITED (Company No.: 196100159G) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at Laguna National Golf & Country Club, 11, Laguna Golf Green, Level 3, Eagle Ballroom, Singapore 488047 on Monday, 20 April 2009 at 3.00 p.m. for the purpose of transacting the following businesses
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Normally near or around AGM Cosco will move higher
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NOL no of shares 1,470,098,Cosco 2239,245...Cosco > likey an institution's favourite with such huge vol and mkt capitalistaion... cosco ever hit S$8 but NOL since its ipo donkey years ago was at about $39correct me if wrong)...dividend NOL USD $40(ab S$ 60),Cosco (S$77) ex date 28April and its AGM is this coming MON 20 April..likley Cosco will move higher... So maybe a matter of time Cosco will catch up with NOL....$1.50 as minimun upside $1.50 shd not be a problem. The Baltic Dry Index rises 1% ,ends 22 day slide.The index is a measure of shipping costs for commodities rose for the first time in 22 datys as rate increased for capsize and panamic vessels that haul coal,iron ore and grains.This index also a measure of world trade routes surged 1% or 15 points to 1478points It ends the slongest slide since NOv 2008. Besides Singapore first quarter sharp contraction also means our economy has bottomed. but China albeit slowed down but still positive..we've seen the worst...most probably..Time to keep this for the long haul
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Originally posted by 787180:
Besides Singapore first quarter sharp contraction also means our economy has bottomed. but China albeit slowed down but still positive..we’ve seen the worst…most probably..Time to keep this for the long haul
First quarter sharp contraction means economy has bottomed?
Which business and finance textbook came up with this theory?
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Can someone teach me?
