Global Investment Limited (SGX:B73)

Wildreamz

Senior Member
Joined
Jan 16, 2010
Messages
1,036
Reaction score
0
Global Investment Limited - Silently Rising?

Been watching over this stock for the past few weeks now, and there is no sign of it slowing down.

It has risen quite fast recently, however, there is virtually no news about it, except its financial report released in November, which was quite positive.

It is currently trading way below NAV (28.58%) and has a high dividend yield (9.32% ttm).

GINV Quote - Global Investments Ltd/Singapore Fund - Bloomberg

Any opinions on this stock?
 

Wildreamz

Senior Member
Joined
Jan 16, 2010
Messages
1,036
Reaction score
0
After some research, found that the NAV is actually closer to 70% lol.

Dividend yield doesn't seem sustainable in the long run because it seems that they are paying a significant portion of their yield from their capital gains. But the current management team seems to take a more defensive approach to investing, which is a good sign.

Today price shoot up again from 0.159-0.164.. (~3%) Price increase for this month is about 10%.

Not vested.

Edit: Just noticed the volume traded at 0.164 was a measly 31,000.
 
Last edited:

urban_closet

Arch-Supremacy Member
Joined
Feb 28, 2007
Messages
13,289
Reaction score
3
Vested, and considering whether to get the scrip dividend or cash equivalent...
 

SharesGreenH

Member
Joined
Sep 6, 2009
Messages
155
Reaction score
0
May I know at what price are you vested at?
Tempted to buy some to add to my dividend stocks. But scared it may not be sustainable.
Any thoughts?
 

luvwings

Senior Member
Joined
Sep 22, 2006
Messages
759
Reaction score
1
saw this stock drop drastically past few days, wondering if it is a good time to add in more lots.
 

rokawa2

Member
Joined
Jun 23, 2012
Messages
118
Reaction score
19
drop due to the dividend payout.
from 0.159-0.16 minus dividend 1.5cents.
current 0.143-0.144 range
 

goman888

Junior Member
Joined
Jun 28, 2002
Messages
44
Reaction score
0
*Official* Global Investments

Global Inv giving out high yield (10.7%).
Look pretty good deal to enter this stock now :)
 

felixleong

Banned
Joined
Aug 7, 2008
Messages
5,046
Reaction score
0
this stock fundamentally looks pretty cheap
with the 10% yield and 30% discount to nav

nav 20 cents
stock price 14 cents

however, I have not invested in this stock as I worry of rights issue

over the last 4 years, think they did rights issue 3 times already?
 

iamverybuaysong

Supremacy Member
Joined
Mar 4, 2013
Messages
9,145
Reaction score
1
i'm vested in this, not much, few k worth only 40 lots. bought a few lots last yr, more starting this year.

yup the concern is the rights issue, they didnt do it last year though.

my avg price is around $0.141, have collected $200+ dividends from them so far -.-
 

felixleong

Banned
Joined
Aug 7, 2008
Messages
5,046
Reaction score
0
the thing is dunno the 10% yield is sustainable or not

they don't make that much profits, and script is given instead

at 10% discount, most people take shares instead... so the 10% dividends may only look good on paper
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top