‌$Straits Trading(S20)$ ‌Strai

‌$Straits Trading(S20)$ ‌Straits Trading owns 3.9% stake in ESR. ESR is going for privatisation. From my calculations this will nett Straits Trading about S$341M. This is almost equal to half their market capitalisation of 6xxM.

From past history, there is a strong likelihood that Straits Trading will give out a special dividend from this corporate action. That means a possible special dividend of S$0.75 for shareholders.

Also Straits Trading has an exciting development in Penang Butterworth to develop a new waterfront CBD district.

Several catalysts in play now to unlock and enhance shareholder value.

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Comments

Kristo
12-05
Kristo
dont think they will distribute 0.75, half of their current share price as dividend.
Kristo
12-18
Kristo
@suntzu back to original price before the ESR privatization news
Tigerous
12-05
Tigerous
so can buy now for the special dividend?

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ESR is going for privatisation. From my calculations this will nett Straits Trading about S$341M. This is almost equal to half their market capitalisation of 6xxM. \n \nFrom past history, there is a strong likelihood that Straits Trading will give out a special dividend from this corporate action. That means a possible special dividend of S$0.75 for shareholders.&nbsp;\n \nAlso Straits Trading has an exciting development in Penang Butterworth to develop a new waterfront CBD district.&nbsp;\n \nSeveral catalysts in play now to unlock and enhance shareholder value.&nbsp;</body></html>","htmlText":"<html><head></head><body>‌<a href=\"https://ttm.financial/S/S20.SI\">$Straits Trading(S20)$ &nbsp;</a>‌Straits Trading owns 3.9% stake in ESR. ESR is going for privatisation. From my calculations this will nett Straits Trading about S$341M. This is almost equal to half their market capitalisation of 6xxM. \n \nFrom past history, there is a strong likelihood that Straits Trading will give out a special dividend from this corporate action. That means a possible special dividend of S$0.75 for shareholders.&nbsp;\n \nAlso Straits Trading has an exciting development in Penang Butterworth to develop a new waterfront CBD district.&nbsp;\n \nSeveral catalysts in play now to unlock and enhance shareholder value.&nbsp;</body></html>","text":"‌$Straits Trading(S20)$ ‌Straits Trading owns 3.9% stake in ESR. ESR is going for privatisation. From my calculations this will nett Straits Trading about S$341M. This is almost equal to half their market capitalisation of 6xxM. From past history, there is a strong likelihood that Straits Trading will give out a special dividend from this corporate action. That means a possible special dividend of S$0.75 for shareholders. Also Straits Trading has an exciting development in Penang Butterworth to develop a new waterfront CBD district. Several catalysts in play now to unlock and enhance shareholder value.","highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/378142462181656","repostId":0,"isVote":1,"tweetType":1,"viewCount":639,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["S20.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":516,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":378206923317576,"commentId":"378206923317576","gmtCreate":1733378456768,"gmtModify":1733378461878,"authorId":3557634928383187,"author":{"id":3557634928383187,"idStr":"3557634928383187","authorId":3557634928383187,"name":"Kristo","avatar":"https://static.tigerbbs.com/07075676425d47f31685477722d0d415","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378142462181656,"objectIdStr":"378142462181656","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"dont think they will distribute 0.75, half of their current share price as dividend.","text":"dont think they will distribute 0.75, half of their current share price as dividend.","html":"dont think they will distribute 0.75, half of their current share price as dividend.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":382930378215592,"commentId":"382930378215592","gmtCreate":1734487025515,"gmtModify":1734487030642,"authorId":3557634928383187,"author":{"id":3557634928383187,"idStr":"3557634928383187","authorId":3557634928383187,"name":"Kristo","avatar":"https://static.tigerbbs.com/07075676425d47f31685477722d0d415","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378142462181656,"objectIdStr":"378142462181656","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<a href=\"https://ttm.financial/U/4160659623656422\"> @suntzu </a> back to original price before the ESR privatization news","text":"<a href=\"https://ttm.financial/U/4160659623656422\"> @suntzu </a> back to original price before the ESR privatization news","html":"<a href=\"https://ttm.financial/U/4160659623656422\"> @suntzu </a> back to original price before the ESR privatization news","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":378386179858832,"commentId":"378386179858832","gmtCreate":1733388687710,"gmtModify":1733388692615,"authorId":4195362055063892,"author":{"id":4195362055063892,"idStr":"4195362055063892","authorId":4195362055063892,"name":"Tigerous","avatar":"https://community-static.tradeup.com/news/1cc88e6e01866542324985e4c7ce6394","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378142462181656,"objectIdStr":"378142462181656","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"so can buy now for the special dividend?","text":"so can buy now for the special dividend?","html":"so can buy now for the special dividend?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/378142462181656"}