Nothing... I just focus on Towkay Charoen's business strategy.
He has locked in all the funding that he planned to raise.
He has already started the ball rolling on going asset light and recycling the money into new value accretive projects.
He is still selling off his development properties.
The yield on the shares remain intact.
He still controls 88.2% of fcl and presumably needs to eventually unload to lighten his burden.
He is the main driver. If anything, he should be more concern over the perceived high gearing than anyone of us but he remains as steady and steadfast as ever executing his business strategies...
I m not a ticker investor. I focus on business strategies being rolled out. My costs was below $1.6 and I have already collected 3 dividend distributions. This investment remains firmly on track and in line with my 10% pa targeted returns with dividend running around 4.7% at current levels. So for 10% annual returns, i just need the share price to appreciate 5.3%.
Towkay steady, I steady. No worries.
Vested
Core
GG
(27-05-2015, 05:48 PM)I_love_girls Wrote: Green giraffe! Now I ask you back. What do you have to say now? 
Homepage
PR Newswire
