Member Info for Serendipity888

The ex-dividend date is usually set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend

Taken from the Telegraph Period Ex-date Pay-Date Net Dividend Currency Total for Year Special Dividend 26 May 2016 10 Jun 2016 190.00 HKD 0.0

is 33.53 after divi

EPS EPS 2011 0.56p 2012 11.88p 2013 4.16p 2014 6.56p 2015 13.18p

This is why the True freefloat is so low http://www.asiangrowth.com/html/eng/number_of_securities.html

Charm Action Holdings Limited ("CAH") 668,653,817 75.44% shares SEA (AGP) Offshore Limited ("SEAAO") 175,094,641 19.75% S E A Holdings Limited ("SEA") 861,278,857* 97.17% * Of the 861,278,857 shares held by SEA, 668,653,817 shares and 175,094,641 shares are directly held by CAH and SEAAO respectively and are therefore duplicated. *

Free Float The guidance emphasises that sufficient free float is fundamental to the orderly trading and liquidity of an AIM company’s shares once admitted to AIM, and that this is inextricably linked to a company’s appropriateness to be admitted to AIM. There is no requirement under the AIM Rules for Companies for a minimum amount of an AIM Company’s listed shares to be in public hands (broadly, held by persons other than group directors and 10% or greater shareholders and their associates and some others involved with the company, and share not subject to a lock-in or treasury shares). This is in contrast to Main Market listings, where at least 25% of the listed shares have to be in public hands (a similar definition is used, except that 5% or greater shareholders are excluded) in the EEA.

because i have had a punt Just do it with eyes wide open

Why list on AIM ? And keep 97% of shares? Though AIM rules a higher % of freeloat was necessary What if they delisted

Fear of Chinese corruption ??? The sale was to a indirect subsiduary of the company SEA shares moving around Now having to pay rent of £104,000 per month for offices we once owned

I think the fear is that this will drop 34% after divi date

Pay 55p -17p div net cost per share 38p Its around the price it was just after the divi was announced , so at 38p is it a buy ? , considering (China risk(and believe me as someone who has spent some time there)) the Chinese management will look after themselves ) , Comfort should be taken in the fact that management have so much % of the business & the business is cash rich. The easiest way for management to make good money for themselves is to make this a healthy dividend paying stock , not just this week but long term. If you are happy to hold long term , the investment looks promising As a trader .. buyer beware I've taken a small position £5k

is 52p

What about the prospect of the SP dropping the day after dividend deadline ? could it drop another 34% ??

The drop was always the danger BUT as an investment it looks like a good opportunity !

Look really low ??? Am i reading them right ? (google finance)

That is a very good point The value of the tax loss has been vastly underestimated ! it in itself should be considered an asset

I'll add as the value increases !

How much cash or debt does the company have? $4.7m in last accounts. Disposals with bring in up to further $9.75m. No debt List three reasons why you think this company has potential. 1. Cash will be more than 3x mkt cap 2. $403m retained losses may have value 3. Metal Tiger bought 3% stake Any other reasons to invest or sell welcome

Although for anyone in TDW and Share Centre ... No problems trading (TDW do most international stocks and I phoned Sharecentre to check it would still deal in OSU shares)