Vibrant Group Limited just released their results a few days ago. I got excited about the dividend and commented on valuebuddies thinking that it was a great announcement and got "slapped" with the reality. The dividend is actually much lower since it was a post consolidation dividend. If based on previous year dividend announcement, after share consolidation, it should be 2.75 cents (as compared to 1.80 cents declared for FY 2016).

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Anyway you can read about my previous detailed write up about Vibrant Group Limited here. Thus, I am not going into details for the FY 2016 financial statement. Currently, this stock is in the money for me but I am still not selling because... 1. Price is Still Significantly Lower than Net Asset Value - Net Asset Value still remains close to the figure I stated previously, at $0.6702. The current share ......