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 Subject :Re:Re:Elite KSB: NextInsight should interview.. 23-02-2012 
coverup
Junior Boarder
Joined: 30-01-2010
Posts: 31
Location: 
I am vested. You are right to point that out. But I am willing to hold one more year to see it give 50% more dividends. The company has got good fundamentals although growth might be lacking. Its management although unknown and maybe family run, Elite KSB is definitely more accountable to shareholders and SGX than some of the growth S-Chips. The only problem I see is when feed prices go up or Singapore's population decline.
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 Subject :Re:Elite KSB: NextInsight should interview.. 23-02-2012 
viviene
Gold Boarder
Joined: 25-09-2011
Posts: 179
Location: 

Sale is of property 2, Senoko Way for S$12 m.

Reading the announcement, I don't get a feeling Elite will pay a special div. It will use the proceeds for working capital:

"The Company intends to redeploy the proceeds from the sale of the Property for its operating and working capital purposes."

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2E485D27F5169B8A48257995003AE788/$file/EliteKSB-Sale_of_Property_by_Subsi.pdf?openelement
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 Subject :Re:Elite KSB: NextInsight should interview.. 22-02-2012 
coverup
Junior Boarder
Joined: 30-01-2010
Posts: 31
Location: 
Company sold property at Seneko and will recognise a net gain of SGD 9.8 million. Very likely to distribute part of it. Come one people, cheer this stock! Much better than some of the China stocks that are being promoted.
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 Subject :Elite KSB: NextInsight should interview.. 15-02-2012 
coverup
Junior Boarder
Joined: 30-01-2010
Posts: 31
Location: 

The team from NextInsight should write something on Elite KSB. This company has a consistent record of generating cash along with a decent dividend yield.

It is in the process of selling a property in Benoi for approximately SGD 20-30 million. If it materialises, it should result in a special dividend.

I am sure this good local company deserves some mention here, for the serious investors!
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