Heeton Holdings

A back of the envelope calculations. Net tangible assets refer to properties and cash only. With net tangible assets of $656609 and total liabilities of 465316, we derive a NTA less liabilities per share of $0.80.

heeton

With the current share price at $0.62, it has a margin of safety of roughly 22%. Let us take a look at the dividends yield history. (Value retrieved from mobile app and may not be 100% accurate)

 

2004 – 0.002

2005 – 0.002

2006 – 0.003

2007 – 0.004

2008 – 0.0095

2009 – 0.0055

2010 – 0.01

2011 – 0.011

2012 – 0.011

2013 – 0.013

2014 – 0.018

There is a clear uptrend of dividends history except 2009.

Vested in a small quantity as I try to continue to get dividends while waiting for value to be unlocked.

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