Shame about the impacts to the Singaporean businesses, hopefully, they will be able to resume trading soon.
They are strong underpinned by the HK business.
With a few key acquisitions over the next 12-18 months, it will set them up for massive growth.
They didn't have to pay dividends, they could have easily retained the earnings for future expansion and growth.
This is a kind and appreciative gesture from the company to shareholders.
I have done my own DCF, P/E & P/R valuation of this company and have them at 14 cents per share based on FY20 projections.
Future growth will only increase this forecast.
Goodwork Ci1. Thank you.
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