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24-07-2017, 10:03 PM
Specuvestor,
I think you are wrong.
Sunsine has been profitable every year post IPO and thererfore they have a huge retained earnings to pay out dividends.
Instead using the cash in China, they chose to pay the dividends from the cash in Singapore arising from the sale of treasury shares. This is legit.
I think you are wrong.
Sunsine has been profitable every year post IPO and thererfore they have a huge retained earnings to pay out dividends.
Instead using the cash in China, they chose to pay the dividends from the cash in Singapore arising from the sale of treasury shares. This is legit.