Not long ago, I wrote about a low-ball offer by the substantial shareholder, Bevrian Pte Ltd.
Recently, the company released its full year unaudited financial report on 2 August 2016.
Based on its new financial report, I did a review of Enhanced Triple S Scorecard (Based on Share Price of $0.375):
The new fiancial numbers in 2016 Full Year Financial Report still passed the Enhanced Triple S Scorecard!
Wow...so I am already "In the money", but I am still not selling because:
Increasing Dividend - The company has been increasing its full year dividend amount from 1.8 cents in 2014 to 2.5 cents in 2016. Dividend yield at the current price of $0.375 is still at 6.67%!
Passed Enhanced Triple S Scorecard - Yes, even at the current price of $0.375, the company continues to pass the Enhanced Triple S Scorecard. Psst...my ......