QAF is one of those companies I have on my watchlist that I consider to be among one of my dearly-missed boats. I have several of such companies where their share price just blew past me right under my nose. Normally I play hard to get myself, and just tweak my watchlist. However there are some that tempt me to check back every so often.
The 7.8% drop in share price today (5 May 2014) caught my attention. It went XD and lost 7 cents in share price today, from an announced 4 cents dividend. I decided to browse the FY13 annual report and prepared a simple write-up below. All numbers and the image (except the graphs) are taken from QAF's annual reports.
Overview
QAF is an investment holding company based in Singapore that was incorporated in 1958. It has operations primarily in Singapore, Malaysia, Philippines and Australia. It ......
