In today’s briefing:
- What EOflow Insiders Are Saying on the Current Situation & An Objective Interpretation of It
- Asian Dividend Gems: Koentec
What EOflow Insiders Are Saying on the Current Situation & An Objective Interpretation of It
- They said that EOflow has made a strategic decision not to raise any objections to the court’s injunction to temporarily suspend the sale and marketing activities of EOPATCH.
- They stated their commitment to making efforts to actively prove that they are not subject to KRX’s substantive delisting examination. Hence, they aim to resume trading from November 1st.
- They subtly hinted at a degree of caution, suggesting that the final agreement with Medtronic might undergo slight modifications to align with the outcome of this preliminary injunction.
Asian Dividend Gems: Koentec
- We are starting a new series called “Asian Dividend Gems.” We plan to write about outstanding companies in Asia with high dividend yields (5% to 20%).
- The first company in this series is Koentec. From 2018 to 2022, its dividend yield averaged 5.2% and its dividend payout averaged 80.8%. The current dividend yield is 7%.
- Koentec is a leading Korean company that provides industrial waste incineration, steam production (utility), and waste landfill services.
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