Monday, 11 April 2016

HOTUNG - NAV OF $3.35 VS MARKET PRICE $1.57 WITH A DIVIDEND YIELD OF 10%

Hotung Inv is a VC company that is worth noting today. It is trading at a price of $1.57 versus its NAV of $3.35(shown below). It will be paying a final dividend of TW$4.0284 or $0.166 per share coming MAY 2016. With a Dividend Yield of over 10%, the rush for the HOT MONEY will be coming very soon. 
 
This could be a NAV laggard plays and highly potential for a M&A approaches. We will be watching at it to break $1.60 very soon.
 
CLOSED at near day high - Target set at $1.70
 
 
 
 

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