Mon May 18, 2009 11:04 pm Post subject:
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For Straits Asia Resources....Institution hold 36.3%, PTT hold 47.1%, 16.6% in public domain. Definitely good as only about 181mil available to public only.With 1,090,937mil issued capital this stock will attract institutional interest as this is the cheapest coal mining stock listed on SGX according to Prof Sebastian Chong formerly from Nanyang Technological University of Singapore in NEXT INSIGHT.The interim 74% rise in interim profits with another dividends after paying the final dividends also in May speaks well of its policy to pay >40% in cash dividends to shareholders.Worth buying to keep,previously ever hit a high of $4
http://www.reuters.com/finance/stocks/institutionalHolders?symbol=STRL.SI