$Aztech Gbl (8AZ.SG)$humm 1st quarter results 2 days before ex date, can move up back to 0.9-1 SGD if it's good news
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Report
YS07
:
Unlikely to have good news, that's why last report they didn't report their order book numbers. Likely this time they are rushing their Q1 report to be before ex dividend date, so that when the not so good report come out, the stock won't drop so much cause people will continue to hold for dividends. The stock is fundamentally sound, hold for mid to long term, it will take patience.
Munge
:
The boss hold 70% of the shares... he is getting the payout too. At the same time, this will likely make the Aztecs GLBT more attractive to investors. So this is actually killing two birds with a stone.
Munge
nothing oh
:
If the boss buy more shares then we shouldn't be worried too much. He bought in more shares in June 2024 at the price of 0.90 cents... details might vary as this is from my memories.
Munge
:
in fact I am very worry about if the shares price staying low... The boss might delist the company and pay us slightly above market rate. This has happened before, and he make millions of dollars on this. This is the 2nd time it got listed. I afraid he uses the same tactics again.
$Aztech Gbl (8AZ.SG)$Dividend 0.10 This stock represents how much dividend yield? More than 10%. Its a lot ? If SATS also declare dividend, will it drop?
YS07
:
haha, short term gains, but mid term outlook may not be so rosy - I noticed they did not put the figures for their order book, which they usually do for their reports.
Sateeshchandra : omg