pantsB
liked and commented on
It was quite an eye opener for me to see Chagee owner transfering massive wealth into his own wallet at the expense of shareholders
With 2 consecutive quarters earnings reports declining in profits and EPS, giving out a one time special dividend of 0.92 USD per share might look good on paper
But it actually benefits the owner who held more than 65 millions shares more rath...
With 2 consecutive quarters earnings reports declining in profits and EPS, giving out a one time special dividend of 0.92 USD per share might look good on paper
But it actually benefits the owner who held more than 65 millions shares more rath...
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$Chagee Holdings (CHA.US)$ all of us busy buying bubble tea, but forgot to buy shares of the company selling said bubble tea ![]()
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pantsB
liked and voted
Markets paused their advance last week, weighed down by renewed geopolitical tensions and cautious trading ahead of key central bank events. The $NASDAQ 100 Index (.NDX.US)$ slipped 0.6%, $S&P 500 Index (.SPX.US)$ lost 0.39%, and $Russell 2000 Index (.RUT.US)$ lagged with a 1.49% drop as small caps bore the brunt of risk-off sentiment.
The backdrop? Inflation data continued to cool, supporting expectation...
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pantsB
reacted to
$Wilmar Intl (F34.SG)$ wake up leh. CPO prices more than 5k ringgit liao. Sibei useless
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pantsB : im with you on this one. while it is true that the company is very cash rich, the purpose of their recent ipo should be to deploy their funds in such a way that benefits the company. this dividend payout not only doesn't grow the company, it draws on their cash reserves at a time where the company is facing strong competition.