ABR    Last:0.39   -

Peter Lim upps stake in ABR

Hi Ozone! Did you see my msg?

 

Rather than having many people msg you, why not just write your stuff here or place a link here...not sure if other people might be unhappy...

 

been wondering what's the big deal abt ABR..

did some homework over the weekend viewing analysts reports and analysing its financial statements

finally found the answer why this is a gem worth collecting

wanna know the answer? msg me..

gd luck dyodd

 

Looking at the price trend, much of the special dividend is priced in. Just wondering what can power this stock after chocolate business is sold. One more interesting thing I came across is the MINOR group of Thailand, they also operate Swensens.

 

lol anyhow bet anyhow win

 

anyone follow my call for ABR? 

rutheone1905      ( Date: 03-Feb-2013 00:06) Posted: i mentioned abt ABR becos my sw alerted me with increased in volume (averaging past x number of trading days) couple with price jump. then i checked on past info on abr n i saw a pic i took of a news column mentioned abt div will probably be payout in Feb 2013. coincidentally on friday 1st Feb, i saw an analyst predicting abr will jump (based on TA....haha he probably got the same info of impending div payout) so as to cover a gap formed last Aug (wtf the gap was formed becos of Ex of $0.30 div). so this guy probably know of $$$ coming but instead of telling straight, he used his so called TA to predict. n if it really happen tat it jumps up tat wola he TA expert lor... anyway i will enter a little just for fun lar (though not my style but since my crystal ball tell me so)

 

Just for fun??!!!!

rutheone1905      ( Date: 03-Feb-2013 00:06) Posted: i mentioned abt ABR becos my sw alerted me with increased in volume (averaging past x number of trading days) couple with price jump. then i checked on past info on abr n i saw a pic i took of a news column mentioned abt div will probably be payout in Feb 2013. coincidentally on friday 1st Feb, i saw an analyst predicting abr will jump (based on TA....haha he probably got the same info of impending div payout) so as to cover a gap formed last Aug (wtf the gap was formed becos of Ex of $0.30 div). so this guy probably know of $$$ coming but instead of telling straight, he used his so called TA to predict. n if it really happen tat it jumps up tat wola he TA expert lor... anyway i will enter a little just for fun lar (though not my style but since my crystal ball tell me so)

 

Friday's 晚 报 or新 民 日 报 (anyway the analyst's charting was in one of these 2 evening newspaper, only 1 chart there i.e. ABR chart).

UE i also monitoring  

kirana      ( Date: 03-Feb-2013 12:31) Posted: From which trading house is this analyst from? Care to share the report. Anyway, I am now more into momentum play in UE, STC and WBL. Keeping some ABR for " just in case" only.

 

From which trading house is this analyst from? Care to share the report. Anyway, I am now more into momentum play in UE, STC and WBL. Keeping some ABR for " just in case" only.

 

i mentioned abt ABR becos my sw alerted me with increased in volume (averaging past x number of trading days) couple with price jump.

then i checked on past info on abr n i saw a pic i took of a news column mentioned abt div will probably be payout in Feb 2013.

coincidentally on friday 1st Feb, i saw an analyst predicting abr will jump (based on TA....haha he probably got the same info of impending div payout) so as to cover a gap formed last Aug (wtf the gap was formed becos of Ex of $0.30 div). so this guy probably know of $$$ coming but instead of telling straight, he used his so called TA to predict. n if it really happen tat it jumps up tat wola he TA expert lor...

anyway i will enter a little just for fun lar (though not my style but since my crystal ball tell me so) 

 

Really didn't know that. It might not be as much as 30 cents. I think.

 

did anyone hear of beside the 30cts div there will be another distribution announcing in Feb?

can anyone confirm? 

 

gave out 30c dividend..hence the drop of 30%

NAV 70+c ..share price now 60+c

gd deal.. further more with Peter Lim being vested..

dyodd gd luck 

 

one of the very few shares that have made gains despite the fall of the overall markets..

furthermore Peter Lim is vested..

gd luck !!dyodd

ozone2002      ( Date: 25-Feb-2012 11:23) Posted: seems like this is low key investment for him.. didn't see any news reported in the papers.. i shall quietly accumulate till the herd comes trampling in :) gd luck!!

 

Suspect meeting has been completed. Announcement soon, looking at the price gapping up...

 

Today announcement on the completion of hiving off of chocolate business. Money is now in the bank.

 

Scoop of the Day: On Monday, ABR Holdings obtained approval from its
shareholders in an EGM for the sale of its 51% stake in Focus Network
Agencies (FNA) for a consideration of $100m. FNA is in the retail and
distribution of chocolates, confectionery and food products and operates The
Cocoa Tree, a network of 16 retail stores spread across shopping malls and
airport concessionaires. The sale price represents a premium of 4x over the
net tangible assets of $25.1m and would give rise to a gain of approximately
S$74.6m on disposal. In its recent annual report, ABR highlighted that the
investment in FNA was made in 2003 at an initial cost of $2.5m for its 51%
stake and over the years, the business has grown strongly under the capable
management of its minority partners, Mr Loo Lip Giam and Ms Esther Tang.
Last year, FNA raked in pretax profit of $23.9m, a 42% increase over FY10’s
$16.8m. The decision to divest was made due to differences in views on
future expansion between the various shareholders. While the divestment of
FNA represents the loss of a key growth driver for ABR, the sale would leave
it flushed with cash. On our estimates, net cash will increase to cS$120m, or
$0.60/share post disposal of FNA. Management has stated that it is
considering a special dividend to be distributed from the proceeds. Following
the sale, ABR will continue to have a sizable F& B portfolio, the largest of
which is its Swensen franchise in Singapore, Malaysia and China. We
recommend a Trading Buy on the stock in February with a target of $0.94.
Since our initial recommendation, our appraisal value for the stock has
increased as we take into account the significant real estate it owns, including
its factory building in Tampines Street 92 and various retail units across the
island. Accumulate on any weakness in share price. (Goh Han Peng)

 

It has been mentioned that they need to 'deliberate' the special dividend...

 

Aiyoh... both Viking and China Sport AGM also tomoro - these two in the morning at opposite ends of the island..

kirana      ( Date: 29-Apr-2012 21:43) Posted: Recent small (over 900 lots) purchase by one director is a good sign. Peter Lim not selling is also another good sign. AGM is tomorrow at 11am. Those who has the time and vested should go and listen and paerticipate in active question and answer exchanges.

 

Recent small (over 900 lots) purchase by one director is a good sign. Peter Lim not selling is also another good sign. AGM is tomorrow at 11am. Those who has the time and vested should go and listen and paerticipate in active question and answer exchanges.