This is a short blog post on my observation that Mr. Market seems to be accepting the bad news regarding Vard Holdings' performance in 2Q 2013 rather calmly. Please refer to the comments section of my blog post on the company yesterday for discussion on its results.
Vard Holding's share price is at 84.5c, down 2.9% or 2.5c as of now. The decline is rather muted, I feel, to what is really a very bad quarterly report card. There seems to be quite a bit of support from buyers, actually. The news might refer to this as "bargain hunting".
It would seem as if Mr. Market feels that the current price level of the stock, for whatever reason, is a fair one at this point in time.
If Vard Holdings' share price should form a lower low, look out for a higher low in the MACD. I am not saying that it will happen but if it should happen, that could be a buy signal.
Related post:
Vard Holdings: Initiating coverage.
FAKE ASSI AK71 IN HWZ.
Featured blog.
1M50 CPF millionaire in 2021!
Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...
"E-book" by AK
Second "e-book".
Another free "e-book".
4th free "e-book".
Financially free and Facebook free!
Subscribe To ASSI
Posts
Comments
Monthly Popular Blog Posts
-
In recent times, I have found it much easier to talk to myself on YouTube. It is faster than blogging. This explains the greater number of v...
-
For those of you who follow me in my YouTube channel, you would know that something unfortunate happened recently to my father. So, I expect...
-
Another quarter has gone by and it is time for another update. For a change, I will reveal the numbers first. 3Q 2024 passive income: $85.2...
-
It has been more than a week since my last blog post. Things have settled into a new normal for me. In this new normal, my expenses have inc...
-
With DBS, OCBC and UOB doing so well in 3Q 2024, I had to take time off from gaming to produce a series of videos. For those of you who do n...
All time ASSI most popular!
-
A reader pointed me to a thread in HWZ Forum which discussed about my CPF savings being more than $800K. He wanted to clarify certain que... -
The plan was to blog about this together with my quarterly passive income report (4Q 2018) but I decided to take some time off from Neverwin...
-
Reader says... AK sifu.. Wah next year MA up to 57200... Excited siah.. Can top up again to get tax relief. Can I ask u if the i...
-
It has been a pretty long break since my last blog. I have also been spending a lot less time engaging readers both in my blog and on Face...
-
I thought of not blogging about my 2Q 2020 passive income till a couple of weeks later because Mod 19 of Neverwinter, Avernus, just went liv...
Bloggy Award
4 comments:
Do you think Vard will start paying dividend again come Q2 FY2014 ?
http://sgx.i3investor.com/servlets/ptres/6414.jsp
Hi betta man,
They could but I am not sure if they would. ;)
Hi AK,
I wrote to Vard's Investor's Relationship on whether they would declare dividend in Q2 2014 and this is their reply:
[In the 4Q 2013 presentation on 25 February 2014, VARD confirmed that "the long-term dividend policy of paying minimum 30% of distributable profits per annum remains unchanged". Nothing has been stated or decided with respect to interim dividends, so it is safer to assume that dividends will be paid as regular full-year dividends.]
So, I guess we can expect some dividend payout this year, but may not be in Q2 2014.
Hi betta man,
Thanks for sharing this. Appreciate it :)
Post a Comment