Ocean Sky Intl    Last:0.022   -

Ocean Sky could be the next multiplier

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KepoChicken     23-Sep-2013 21:53  
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dun tell me share register move to tampines.. then up from 0.28 to 0.34 today

Octavia      ( Date: 23-Sep-2013 21:26) Posted:

The Board of Directors of Ocean Sky International Limited (the " Company" ) wishes to announce that the registered office and the business address of the Company have been changed to the following address with effect from 23 September 2013:

300 TAMPINES AVENUE 5,
#09-05 NTUC INCOME TAMPINES JUNCTION
SINGAPORE 5296

 
 
Octavia     23-Sep-2013 21:26  
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The Board of Directors of Ocean Sky International Limited (the " Company" ) wishes to announce that the registered office and the business address of the Company have been changed to the following address with effect from 23 September 2013:

300 TAMPINES AVENUE 5,
#09-05 NTUC INCOME TAMPINES JUNCTION
SINGAPORE 5296
 
 
Vafirish     27-Aug-2013 09:19  
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From the look of it, it seems it is going to be one of those stocks that keep on increasing.

Vested 
 

 
tea444u     26-Aug-2013 19:50  
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hi but after that what is it going to do? do you expect price to drop 13 cents or more than that or not?

KepoChicken      ( Date: 15-Aug-2013 12:14) Posted:

Ocean sky make the huge profit on discontinue operations.. want to reward the shareholders.

 
 
pasttime     15-Aug-2013 13:29  
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mr ang respectable la. share the profit with all. he could have give bad news force down then privatise. last time always see him at coffee shop at 9012 should put more money with him.

wish all happy and well with the extra money for a holdiays at natas
 
 
ysh2006     15-Aug-2013 12:54  
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If so good why share price no move ?...but sometime investor like us don't see gems, eg Blumount  & SDNC when it was also 21 c few months back.......

KepoChicken      ( Date: 15-Aug-2013 12:42) Posted:



me too.. vested.

when price still cheap.

I thought is error... but when I see they got huge profit.. 1 way to reward shareholder is to give dividend

 

 
KepoChicken     15-Aug-2013 12:42  
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me too.. vested.

when price still cheap.

I thought is error... but when I see they got huge profit.. 1 way to reward shareholder is to give dividend
 
 
veliscorin     15-Aug-2013 12:42  
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This is very surprising. During their last dividend + special interim div of 0.8 and 1.6, their shares plummeted from all 0.235 to 0.175+

Wonder wonder, what's going to happen after they release their 13c worth...?

Vested at near high last time before their div, hope it climbs 13c up! Huat ah! 
 
 
dingbat     15-Aug-2013 12:29  
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Called the coy to verify about the dividend, it is really 13 cents not 1.3 cent. Vested.
 
 
gavinl     15-Aug-2013 12:17  
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Excellant choice they had made. Lol

KepoChicken      ( Date: 15-Aug-2013 12:14) Posted:

Ocean sky make the huge profit on discontinue operations.. want to reward the shareholders.

 

 
KepoChicken     15-Aug-2013 12:14  
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Ocean sky make the huge profit on discontinue operations.. want to reward the shareholders.
 
 
gavinl     15-Aug-2013 11:58  
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Hoped not, but i dont think so there is error. However, i think they still need shareholders approval. If i m shareholder, there is no reason not to agree right? Huat ah.

veliscorin      ( Date: 15-Aug-2013 11:24) Posted:

wonder if they had a typo on their FS... 13c per share, when their shares are 20c, thats like 65%? possible meh?

 
 
veliscorin     15-Aug-2013 11:24  
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wonder if they had a typo on their FS... 13c per share, when their shares are 20c, thats like 65%? possible meh?
 
 
gavinl     15-Aug-2013 09:51  
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11. Dividend (a) Current Financial Period Reported On Any dividend recommended for the current financial period reported on? Yes. Name of Dividend Interim Dividend Type Cash 13 cents Per Ordinary Share Tax rate Tax Exempt (One-Tier
 
 
veliscorin     12-Jun-2013 12:44  
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NOTICE IS HEREBY GIVEN THAT the Share Transfer Books and Register of Members of the 
Company will be closed on Thursday, 20 June 2013 for the purposes of determining shareholders’ 
entitlements to the one-tier tax-exempt Special Interim Dividend of 1.6 Singapore cents per ordinary 
share (the “Dividend”) for the financial year ending 31 December 2013, and for the preparation of 
dividend warrants. 
 

 
gavinl     13-May-2013 15:17  
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NOTICE OF BOOK CLOSURE DATE AND PAYMENT DATE

NOTICE IS HEREBY GIVEN THAT the Share Transfer Books and Register of Members of the

Company will be closed on Tuesday, 21 May 2013 for the purposes of determining shareholders’

entitlements to the one-tier tax-exempt Second and Final Dividend of 0.8 Singapore cent per ordinary

share (the “Dividend”) for the financial year ended 31 December 2012, and for the preparation of

dividend warrants.

Duly completed transfers received by the Company’s Share Registrar, Boardroom Corporate &

Advisory Services Pte. Ltd., at 50 Raffles Place, Singapore Land Tower, #32-01 Singapore 048623, up

to 5.00 p.m. on Monday, 20 May 2013 will be registered to determine shareholders’ entitlements to the

Dividend.

Shareholders (being Depositors) whose securities accounts with The Central Depository (Pte) Limited

are credited with ordinary shares as at 5.00 p.m. on 20 May 2013 will be entitled to the Dividend.

The Dividend declared will be paid on Thursday, 30 May 2013.

BY ORDER OF THE BOARD

Chia Yau Leong

Company Secretary

10 May 2013

 
 
veliscorin     10-Apr-2013 13:41  
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Think the news has already died down. Based on the link by gavinl, it seems logical that TP should be around 25/26c, but based on market sentiment now it seems to be the other way round :(
 
 
gavinl     09-Apr-2013 16:24  
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Ocean Sky - Trading Below Cash 12% Dividend Yield



Author: kiasutrader     |     Publish date: Tue, 9 Apr 10:14     |    > > Read article in Blog website

Ocean Sky divested its entire Apparel Operations for USD55m and its two properties in Hong Kong for HKD57m. It will distribute special  dividend of SGD0.016/share from the disposals. This leaves it with a possible cash hoard of USD92.8m - USD102.8m, which is 1.3x - 1.4x  its current market capitalisation of SGD88.5m. Our SOTP valuation is in the range of SGD0.266 - SGD0.294, a 35% - 49% upside.
Cash balance larger than market capitalisation.  Following these transactions, Ocean Sky will realise a net gain of USD17.0m, while NTA / share will rise from USD0.181 to USD0.206. It will have a possible cash hoard of USD92.8m - USD102.8m. This is 1.3x - 1.4x its current market capitalisation of SGD88.5m. Ocean Sky intends to use its cash to explore potential new business opportunities, such as the construction business.
Attractive 12% dividend yield.  Ocean Sky will distribute final dividend of SGD0.008 / share for FY12. Including the special dividend, it will distribute SGD0.024 / share. This translates into an attractive yield of 12.4%.
35% - 49% upside.  Management has not announced what it intends to do with its remaining associate construction company, although we think it may increase its stake. As management did not disclose the amount of cash that relates to its Apparel Operations, we have assumed three scenarios. Taking those into account and pegging a 5x P/E to its associate investment, we arrive at a range of SGD266 - SGD0.294 / share SOTP valuation.




 

 

  TP 0.266 to 0.294

Hahaha

 

Enjoy
 
 
gavinl     09-Apr-2013 15:56  
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Hahahaha,

sold 400 @ 23.

Every Ocean Sky shareholders Big Huat Huat Ah!
 
 
gavinl     09-Apr-2013 15:17  
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Sorry bro,dont think anyone can answer you that question.

Normally after xd date, price will drop. But sometimes it will sustains.

I m selling only 1/3 of my holdings and collect dividend for the rest.


doldoves      ( Date: 09-Apr-2013 14:56) Posted:

a quick question, will have to hold till dividend is declared, but by then the price may dropped ya? so will it be kinda of difficult to enjoy both gains?  appreciate advise ., thank you. :-)

gavinl      ( Date: 08-Apr-2013 16:09) Posted:

0.23 tp is roughly based on 0.205 plus the going to b declared dividends. Good luck my friend