There hasn’t been any updates on SG TTI for over a week, but I’ve been busy doing deep research and accumulating shares in a company. It’s been rather rewarding in fact, and I’m in the midst of writing up my investing thesis when I noticed that Metro Holdings’ share price shot up from $0.915 to $0.99 today!
A quick search and I found the reason why. This is the headline news from Yahoo!:
“Quarz Capital Management, Ltd. Sends Letter to Metro Holdings to Engage on the Proposals to Unlock a Total Potential Return of 40% in Metro’s Share Price through the Distribution of an Extraordinary Cash Dividend of SGD 0.21/Share (Dividend Yield of 23%) and to Provide Clearer Communication of Corporate Strategy”
Readers of SG TTI would’ve known by now that I was a long time shareholder of Metro Holdings, and have just recently divested a ...
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