Pacific Alliance China L... Dividends - PACL

Pacific Alliance China L... Dividends - PACL

Stock Name Stock Symbol Market Stock Type
Pacific Alliance China Land Limited PACL London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 0.18 00:00:00
Open Price Low Price High Price Close Price Previous Close
0.18 0.18
more quote information »

Pacific Alliance China L... PACL Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

Top Posts
Posted at 05/5/2014 14:46 by rambutan2
Details of last tender, which Oct 2012...

On 7 February 2011, the Company announced that to facilitate the Company's investment strategy going forward, and following advice from its Investment Manager, the Board of Directors had modified the Company's distribution policy to match distributions to shareholders with ordinary course realisations in order to maximise returns, instead of liquidating an investment primarily to fund a distribution. The modified policy requires that each distribution represent 50 per cent. of the Company's net realised profit of a fully realised investment. The returned principal plus the balance of the net realised profit is made available for reinvestment by the Company.


and the tender result...

Posted at 05/5/2014 14:45 by rambutan2

I noticed that OAM, whose manager i respect, added 1.75m to its stake last month at $1.705,
which encouraged me to take a look at this AIM vehicle.

Nav has just taken a bit of a hit, but the discount is still well over 20% and
overall the track record is good if one is looking for what is perhaps a bit of a contrarian play ie Chinese property.

I like the fact that it distributes 50% of realised profits via tenders, see post 1 below, and there are shareholders on board who won't take too much nonsense and are capable of keeping the board on its toes.

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Pacific Al..
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P: V: D:20221201 18:07:34