Like Tree5Likes
  • 2 Post By Paxbritannia
  • 2 Post By traineeinvestor
  • 1 Post By jobin

SEHK 86 - Sun Hung Kai & Co

Reply
  1. #1

    Join Date
    Aug 2013
    Location
    The World
    Posts
    1,129

    SEHK 86 - Sun Hung Kai & Co

    Closed today at $2.93 and announced a dividend of 14c on Monday - so a 4.77% dividend in one ago, and given that it pays out twice annually, this is implicitly yielding over 9%.

    Has anyone looked closely at this play? I started researching when I noticed that they were behind UA Finance. They seem to cater to the lower end of the market - with an economic downturn there will surely be more people seeking these types of loans?


  2. #2

    Join Date
    Dec 2002
    Location
    ???
    Posts
    32,075

    Confused... Is this about UA Finance or SHK?


  3. #3

    Join Date
    May 2006
    Location
    Pampanga, Philippines
    Posts
    21,715
    Quote Originally Posted by Paxbritannia:
    Closed today at $2.93 and announced a dividend of 14c on Monday - so a 4.77% dividend in one ago, and given that it pays out twice annually, this is implicitly yielding over 9%.

    Has anyone looked closely at this play? I started researching when I noticed that they were behind UA Finance. They seem to cater to the lower end of the market - with an economic downturn there will surely be more people seeking these types of loans?
    And more people defaulting on those loans?

  4. #4

    Join Date
    Aug 2013
    Location
    The World
    Posts
    1,129
    Quote Originally Posted by shri:
    Confused... Is this about UA Finance or SHK?
    Both - UA is a subsidiary of SHK.
    shri and PetravanderVegt like this.

  5. #5

    Join Date
    Dec 2018
    Posts
    1,248
    Quote Originally Posted by hullexile:
    And more people defaulting on those loans?
    Not a comment on SHK specifically, but if my recollections of the 1987 crash, the Asian Financial Crisis, the Dot.Com Boom/Bust, SARS and the Great Financial Crisis are anything near reliable, investing in companies that lend mostly unsecured (or with weak security) would be far too risky for me.
    jrkob and hullexile like this.

  6. #6

    Join Date
    Jul 2011
    Posts
    794

    Ha, traineeinvestor. If your memory and your personal experience relates to those many and ancient financial situations, your 'trainee' designation is either a misnomer or some kind of obfuscation.
    But i for one have welcomed your inputs, Sir Trainee.

    Paxbritannia likes this.