Buy @ $0.545. Yes, managed to buy back. Was 1st in the Q fm 9am. Today’s Friday, maybe can buy some more cheaper in the afternoon 😀
Metro @ $0.555
Metro @ $0.545
Buy @ $0.545, a bit on the high side as it was $0.53 yesterday.
Just announced a good set of Q1 results. GP +11.6%, Net + 144.5% (fm other income, Forex $5.4Mil, Interest $2.544Mil, Dividends $1.965Mil, Mgmt Fee $1.216Mil). EPS 1.75cts, NAV 100.3cts (fm 96.6cts). Cash $191.7Mil, S/T Investments $75.3Mil, Borrowings $56.2Mil+$45.6Mil.
Good chance of Special Dividend payout in next Quarter (Q2 End Sep) due to their sale of Ngee Ann City stake. See blog StockPick (will update this quarter results later). Will try to accumulate more Metro shares at a lower price before then.