PCRD pleasantly surprised its shareholders on Friday by announcing an unusually large special dividend of 6.3 cts per share on top of a final dividend of 2.4 cts giving 8.7 cts in total. This follows last year’s payout of 2.2 cts per share, which was a nice reward in itself given that it was the […]
It has been a little more than a year since we set up stockresearchasia.com in early 2015 to provide Asia based investors with proprietary stock research. While we did not envision it at the beginning, 2015 has turned out on hindsight to be a tricky year for investors to navigate in Asian equity markets. And
2015- Our encouraging first year scorecard Read More »
Key developments since our first report: Our Views We do not see the company’s response as anything more than routine and it does not in our opinion reduce the likelihood of a privatisation happening in the future. It merely confirms that an offer or restructuring proposal has not been tabled or discussed officially as at
Pacific Century Regional Developments Ltd (PCRD)- Update Read More »
PCRD’s share price has doubled over the last 3 years to a multi-year high of S$0.345 as at 16 April 2015 but yet remains very much undervalued. With the Company aggressively buying back its shares and reducing its public float to just above 13%, we think there is a good chance that this will be
