Over past years, I see 178.HK always paid cash dividends more than earnings per share, ... so that everybody thought that 178.HK is a "high dividend yield" stock.
But in fact its NAV per share was gradually decreasing in every year. (003.HK is somewhat similar with it.)
I calculate its updated "NAV per share" was HK$0.46(30Sep2020) only. Now its market price is around HK$1.28, and it is still making losses ...
Over past years, I see 178.HK always paid cash dividends more than earnings per share, ... so that everybody thought that 178.HK is a "high dividend yield" stock.
回覆刪除But in fact its NAV per share was gradually decreasing in every year. (003.HK is somewhat similar with it.)
I calculate its updated "NAV per share" was HK$0.46(30Sep2020) only. Now its market price is around HK$1.28, and it is still making losses ...
P.S. The decrease of "NAV Per Share" of 003.HK was due to issuing bonus shares in every year.
刪除forget it😂
刪除We should understand these window dressing policies.
刪除Btw, very like Billy Sir's comments about 941.HK on Wednesday 18Nov2020!
刪除^_^
I still lose the money in 941😂😂
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