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G. K. Goh Holdings

G. K. Goh Holdings

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dydx Offline
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#41
28-03-2012, 07:05 PM
Today (28Mar12), G.K. Goh initiated buying back its own shares for the first time(?), and the first salvo is for a cool 410 lots, all done at $0.82/share.....
http://info.sgx.com/webcorannc.nsf/Annou...endocument

Apart from making the remaining shares more valuable - by raising their NAV and future EPS - I think G.K. Goh's BOD is trying to convey the message that in their opinion Mr Market is under-pricing the company's shares. I wonder are the directors prepared to have the company pay even higher prices to buy back a lot more shares, considering G.K. Goh's latest NAV/share is $1.14 (as at 31Dec11), and the shares are now trading on a 'CD' basis - i.e. inclusive of $0.06/share in total dividends - till 29Apr12.
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camelking Offline
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#42
28-03-2012, 10:21 PM
hmmmmm.....interesting...
never buy at 60 cents...now started to buy at 82 cents
interesting indeed...

Vested and happy
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freedom Offline
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#43
08-04-2012, 08:01 PM
Quote:Net cash includes cash and bank balances less trade and other creditors and total capital includes equity attributable to equity holders of the parent, less the capital reserve set aside for equity options granted to employees.

Pg 96 of AR2010, Pg 99 of AR2011.
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pianist Offline
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#44
08-04-2012, 09:04 PM (This post was last modified: 08-04-2012, 09:04 PM by pianist.)
(28-03-2012, 10:21 PM)camelking Wrote: hmmmmm.....interesting...
never buy at 60 cents...now started to buy at 82 cents
interesting indeed...
Vested and happy
its director mr goh already buying at 60cents range many moons ago..now company buy back at 80cents range
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camelking Offline
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#45
08-04-2012, 09:59 PM
(08-04-2012, 09:04 PM)pianist Wrote:
(28-03-2012, 10:21 PM)camelking Wrote: hmmmmm.....interesting...
never buy at 60 cents...now started to buy at 82 cents
interesting indeed...
Vested and happy
its director mr goh already buying at 60cents range many moons ago..now company buy back at 80cents range

Yes, Goh family and their investment vehicle bought from as low as 56 cents.
I was refering to the share buyback by company.
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desmondxyz Offline
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#46
22-01-2013, 03:54 PM
another Transpac in Making...
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Ray168 Offline
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#47
22-01-2013, 06:19 PM
Just my observation ... the share price is consistent below NAV by 30-35% for the past 4 years. Will Mr. Market pays at valuation in 2013 (i.e, $1.14).

Not Vested, yet.

[Image: GK%2520GOH%2520-%252020130122%2520NAV-Price.png]
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camelking Offline
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#48
22-01-2013, 08:58 PM
very very unlikely.
Have been holding this stock for many years...Never go above NAV...
But it is okay!

Good company, great management!
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desmondxyz Offline
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#49
23-01-2013, 01:27 PM
Just be patient, a good company with 70cts cash/share and it's only trading at 79cts currently, ur patience will be paid off.....
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camelking Offline
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#50
23-01-2013, 03:39 PM
Oh, i love the company! Won't sell unless the price get crazy..
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