Sunday 17 November 2013

Asian Pay TV Trust- Updates on Results release

Results for APTT announced on 12th Nov'13. Results and dividends distribution as per original IPO forecast. In addition, APTT also going ahead with network expansion across greater Tai Chung area in Taiwan. This expansion drive will give it access to an additional 400,000 household.

In view of it's recent price drop, APTT has declined to an extremely attractive price of S$0.77 per unit which translates to an annual dividend yield of 10.71% yield. Also, there is even more room for distribution to improve due to new potential customers which will widen it's subscriber base. 

No comments:

Post a Comment