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Shares of Old Chang Kee are trading higher today at 42c a share. A special interim dividend for the half year ended September 2012 has been declared. The amount? 5c per share.
Incidentally, I bought some Old Chang Kee curry puffs just yesterday! Yummy curry puffs! So is this special dividend.
This certainly brightens up the holiday season for all shareholders.Read announcement: here.
Related post:
Old Chang Kee: Initiated long position at 26c.
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5 comments:
Hi AK, congrats! Btw, any idea this 5c come from? Increase from 1.5c normally. I don't see profit increase so much.
Btw, do you see it as kind of "See's Candy" stock?
Hi Ah John,
I could make a few guesses but I would rather let the management elaborate on the special dividend possibly at a later date.
See's Candy. You read my mind. If you were to read the comments section of the related post I provided the link to above, you would see my exchange with Musicwhiz on this matter. :)
Just came back from the lioncity....old cangkees everwhere...but not my cup of tea...food is TOO oily! :)
Hi JCK,
Haha.. Perhaps, such comfort food is not suitable for the elderly. Where to find curry puffs which are not oily? ;)
I usually use a piece of paper towel to soak up the excess oil before eating. I also like to have a mug of Chinese tea after eating which reduces the body's ability to absorb fats. Could be your cup of tea this way, no? ;p
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