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Kimly Limited Post Reply Rate topic
josephyeo Elite	10-Sep-2020 19:07        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	The company is very actively managed. Looking forward to the next quarter results which come w cum-dividend. The company has a dividend policy of distributing a minimum of 50% of net profit.
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commando Master	10-Sep-2020 08:49        commando About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, vested too josephyeo      ( Date: 10-Sep-2020 00:30) Posted: Sorry, I am unable to answer your question. Personally I am heavily vested. I believe the company will produce good results in the next few financial years. At the moment, it is one of the cheapest food companies listed in the Singapore Stock Exchange. It gives good dividend too. You may scroll down to see more details. mattohoh      ( Date: 09-Sep-2020 23:53) Posted: You think can enter at what rate
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josephyeo Elite	10-Sep-2020 08:43        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	https://www.businesstimes.com.sg/companies-markets/kimlys-unit-enters-...
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josephyeo Elite	10-Sep-2020 00:30        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Sorry, I am unable to answer your question. Personally I am heavily vested. I believe the company will produce good results in the next few financial years. At the moment, it is one of the cheapest food companies listed in the Singapore Stock Exchange. It gives good dividend too. You may scroll down to see more details. mattohoh      ( Date: 09-Sep-2020 23:53) Posted: You think can enter at what rate? josephyeo      ( Date: 09-Sep-2020 23:51) Posted: Kimly ENTRY INTO JOINT VENTURE AGREEMENTS TO OPERATE AND MANAGE SHORT-TERM HDB COFFEESHOP LEASES 1. INTRODUCTION 1.1 The Board of Directors (" Board" ) of Kimly Limited (the " Company" , and together with its subsidiaries, the " Group" ) refer to its earlier announcement dated 21 February 2020, in relation to the proposed acquisition of interests in a portfolio of coffeeshop leases, coffeeshop units and industrial canteen units (" Proposed Acquisition" ). 1.2 The Board is pleased to inform the shareholders that its wholly-owned subsidiary, Kimly Makan Place Pte. Ltd. (" KMP" ) has, on 9 September 2020, entered into the following two (2) joint venture agreements (" JVA" ) with the following third parties to operate and manage the respective shortterm Housing and Development Board (" HDB" ) coffeeshop leases (" Lease" ) of the coffeeshops below cited, held by the respective two (2) joint venture companies (collectively, the " JVCOs" ): (a) a JVA with Hong Kah Holdings Pte Ltd (" HKH" ) in relation to, inter alia, the operation and management of the coffeeshop located at Block 376 Bukit Batok Street 31 #01-126 Singapore 650376 (the " Bukit Batok 376 Coffeeshop" ) leased by the JVCO, Hong Kah Food Place Pte Ltd and (b) a JVA with Joo Seng Holdings Pte Ltd (" JSH" ) in relation to, inter alia, the operation and management of the coffeeshop located at Block 1 Upper Aljunied Lane #01-02 Singapore 360001 (the " Upper Aljunied 1 Coffeeshop" ) leased by the JVCO, Joo Seng Food Place Pte Ltd. Above is an extract from the press announcement. For more details, pls refer to the company' s announcement on SGX.
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mattohoh Elite	09-Sep-2020 23:53        mattohoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	You think can enter at what rate? josephyeo      ( Date: 09-Sep-2020 23:51) Posted: Kimly ENTRY INTO JOINT VENTURE AGREEMENTS TO OPERATE AND MANAGE SHORT-TERM HDB COFFEESHOP LEASES 1. INTRODUCTION 1.1 The Board of Directors (" Board" ) of Kimly Limited (the " Company" , and together with its subsidiaries, the " Group" ) refer to its earlier announcement dated 21 February 2020, in relation to the proposed acquisition of interests in a portfolio of coffeeshop leases, coffeeshop units and industrial canteen units (" Proposed Acquisition" ). 1.2 The Board is pleased to inform the shareholders that its wholly-owned subsidiary, Kimly Makan Place Pte. Ltd. (" KMP" ) has, on 9 September 2020, entered into the following two (2) joint venture agreements (" JVA" ) with the following third parties to operate and manage the respective shortterm Housing and Development Board (" HDB" ) coffeeshop leases (" Lease" ) of the coffeeshops below cited, held by the respective two (2) joint venture companies (collectively, the " JVCOs" ): (a) a JVA with Hong Kah Holdings Pte Ltd (" HKH" ) in relation to, inter alia, the operation and management of the coffeeshop located at Block 376 Bukit Batok Street 31 #01-126 Singapore 650376 (the " Bukit Batok 376 Coffeeshop" ) leased by the JVCO, Hong Kah Food Place Pte Ltd and (b) a JVA with Joo Seng Holdings Pte Ltd (" JSH" ) in relation to, inter alia, the operation and management of the coffeeshop located at Block 1 Upper Aljunied Lane #01-02 Singapore 360001 (the " Upper Aljunied 1 Coffeeshop" ) leased by the JVCO, Joo Seng Food Place Pte Ltd. Above is an extract from the press announcement. For more details, pls refer to the company' s announcement on SGX.
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josephyeo Elite	09-Sep-2020 23:51        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Kimly ENTRY INTO JOINT VENTURE AGREEMENTS TO OPERATE AND MANAGE SHORT-TERM HDB COFFEESHOP LEASES 1. INTRODUCTION 1.1 The Board of Directors (" Board" ) of Kimly Limited (the " Company" , and together with its subsidiaries, the " Group" ) refer to its earlier announcement dated 21 February 2020, in relation to the proposed acquisition of interests in a portfolio of coffeeshop leases, coffeeshop units and industrial canteen units (" Proposed Acquisition" ). 1.2 The Board is pleased to inform the shareholders that its wholly-owned subsidiary, Kimly Makan Place Pte. Ltd. (" KMP" ) has, on 9 September 2020, entered into the following two (2) joint venture agreements (" JVA" ) with the following third parties to operate and manage the respective shortterm Housing and Development Board (" HDB" ) coffeeshop leases (" Lease" ) of the coffeeshops below cited, held by the respective two (2) joint venture companies (collectively, the " JVCOs" ): (a) a JVA with Hong Kah Holdings Pte Ltd (" HKH" ) in relation to, inter alia, the operation and management of the coffeeshop located at Block 376 Bukit Batok Street 31 #01-126 Singapore 650376 (the " Bukit Batok 376 Coffeeshop" ) leased by the JVCO, Hong Kah Food Place Pte Ltd and (b) a JVA with Joo Seng Holdings Pte Ltd (" JSH" ) in relation to, inter alia, the operation and management of the coffeeshop located at Block 1 Upper Aljunied Lane #01-02 Singapore 360001 (the " Upper Aljunied 1 Coffeeshop" ) leased by the JVCO, Joo Seng Food Place Pte Ltd. Above is an extract from the press announcement. For more details, pls refer to the company' s announcement on SGX.
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josephyeo Elite	09-Sep-2020 19:51        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Kimly: Asset Acquisitions and Disposals :: ENTRY INTO JOINT VENTURE AGREEMENTS TO OPERATE AND MANAGE SHORT-TERM HDB COFFEESHOP LEASES
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josephyeo Elite	28-Aug-2020 17:43        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Given the recent aggressive acquisitions, the company is likely to enjoy a substantial jump in revenue n profits in the coming years. Profits for the 1st half of 2020 are 5.0% higher than the previous year. The company' s current p/e is among the lowest among the listed food companies. Heavily vested for the long term. Dyodd.
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josephyeo Elite	28-Aug-2020 12:52        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Given the recent aggressive acquisitions, the company is likely to enjoy a substantial jump in revenue n profits in the coming years. Profits for the 1st half of 2020 are 5.0% higher than the previous year. The company' s current p/e is among the lowest among the listed food companies. Heavily vested for the long term. Dyodd.   josephyeo      ( Date: 28-Aug-2020 10:53) Posted: Salient points in Kimly press release on 26 Aug ' 20: 1. on average group able to secure 3 to 5 outlets/locations each year 2. group has accelerated its pace in acquiring new  outlets 3. portfolio of 80 food outlets represent an increment of 25.0% 4. portfolio of 134 food stalls represent an increment of 10.7% 5. profitability is enhanced through additional and recurrent rental stream and capital gains 6. revenue of S$208.3 million in FY2019 represent annual growth of 21.0% since listing in 2016 Other notes: 1. 1st half (Oct' 19 to Mar' 20) profit n revenue has improved by 5.0% and 3.0% 2. company has high cash n low debt 3. the big acquisitions were in Nov/Dev ' 19 and June ' 20 4. financial results of acquisitions will be fully reflected in the coming financial year. 5. because of the high scale of the acquisitions the results are likely to be substantial. Above are just my views. Dyodd
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josephyeo Elite	28-Aug-2020 10:53        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Salient points in Kimly press release on 26 Aug ' 20: 1. on average group able to secure 3 to 5 outlets/locations each year 2. group has accelerated its pace in acquiring new  outlets 3. portfolio of 80 food outlets represent an increment of 25.0% 4. portfolio of 134 food stalls represent an increment of 10.7% 5. profitability is enhanced through additional and recurrent rental stream and capital gains 6. revenue of S$208.3 million in FY2019 represent annual growth of 21.0% since listing in 2016 Other notes: 1. 1st half (Oct' 19 to Mar' 20) profit n revenue has improved by 5.0% and 3.0% 2. company has high cash n low debt 3. the big acquisitions were in Nov/Dev ' 19 and June ' 20 4. financial results of acquisitions will be fully reflected in the coming financial year. 5. because of the high scale of the acquisitions the results are likely to be substantial. Above are just my views. Dyodd
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josephyeo Elite	27-Aug-2020 09:21        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Extract of a press release on 26 Aug 2020: Since IPO, the Group has been proactively extending its footprints especially in areas where they do not have a presence by acquiring food outlets in strategic locations. On average, the Group has been able to secure the leases between 3 to 5 new outlet locations each year. Notwithstanding the limited existing supply of coffeeshop properties, the Group has accelerated its pace in acquiring food outlets and continued to showcase its established track record in acquiring new outlet locations. The Group has acquired a total of 8 food outlet properties for an aggregate consideration of S$55.815 million. With the completion of the Phase 2B Acquisition, the Group currently boasts a portfolio of 80 food outlets and 134 food stalls, representing an increase of 25.0% and 10.7%, respectively, since its IPO. Following the acquisition of the portfolio of 8 food outlets, the Group is able to enhance its profitability through additional and recurrent rental stream and capital gains, which mitigates the uncertainties in the private leasing category. In line with the growth in food outlets and food stalls, the Group has also registered revenue of S$208.3 million in FY2019, representing an annual growth of 21.0% from S$172.2 million in FY2016.
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josephyeo Elite	26-Aug-2020 20:02        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	A quote from the company: Quote. The Directors of the Group added, &ldquo We have made good progress in expanding our network of food outlets and food stalls across Singapore since IPO. We will continue to build on this momentum by proactively looking for opportunities to acquire food outlet properties in the heartlands of Singapore with a larger proportion of the population to deepen our market presence as well as expand our outreach through online platforms. Moving ahead, we are cautiously optimistic that the growing footfall arising from the easing of Circuit Breaker measures and allowing of dining-in at F& B establishments will benefit the Group' s operations.&rdquo Unquote
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josephyeo Elite	26-Aug-2020 19:54        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	It will be an exciting time for Kimly in the months or years ahead. loss@win      ( Date: 26-Aug-2020 19:25) Posted: COMPLETION OF PHASE 2B ACQUISITION - COFFEESHOP PROPERTY AT BLOCK 380 CLEMENTI AVENUE 5 #01-376 2020-08-26 17:39:00     Asset Acquisitions and Disposals
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loss@win Member	26-Aug-2020 19:25        loss@win About Contact  Quote this Post!
x 0   x 0  Alert Admin	COMPLETION OF PHASE 2B ACQUISITION - COFFEESHOP PROPERTY AT BLOCK 380 CLEMENTI AVENUE 5 #01-376 2020-08-26 17:39:00     Asset Acquisitions and Disposals
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josephyeo Elite	25-Aug-2020 15:23        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Kimly has clear visibility. Profit n revenue was up by 5% n 3% respectively. The next half-year will be from Apr to Sept. This 2nd half will include revenue n profit from the recent acquisitions. See the attached quote: josephyeo      ( Date: 18-Aug-2020 10:24) Posted: Summary of acquisitions: 1) Nov/Dec 2019 - 5 coffee shops n 8 foodstalls 2) June 2020          - 2 coffee shops, 3 industrial canteens n 1 restaurant 3) 26 June 2020 - acquisition of 25% share of 925 Yishun Central 4) 30 June 2020 - completion of the acquisition of coffee shop at Block 347 Ang Mo Kio Avenue 3 #01-2150 The above acquisitions are likely to have positive impacts on Kimly bottomlines further down the road. Next year n the year after, we are likely to see a dramatic change in bottomline. Above are just my thoughts. Pls dyodd.
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josephyeo Elite	25-Aug-2020 09:37        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Kimly financial year ends in the month of Sept. 1Q is from Oct to Dec 2Q is from Jan to Mar 3Q is from Apri to June 4Q is from July to Sept. To date, the company had reported its 1st half result which is from Oct to Mar. The result for the 1st half had been good. It improves by 3% for revenue and 5% for profit. For info only.
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josephyeo Elite	24-Aug-2020 19:41        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Good volume today w 6.3 mil shares traded. Closed at 26.5 cents.
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josephyeo Elite	24-Aug-2020 15:58        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Looking at 33.0 cents which give a p/e of 18 X. This is based on current financials. Target will change if company reports better than expected profits. On a p/e of 18 X, it is still " cheap" relative to other listed food companies. commando      ( Date: 24-Aug-2020 15:42) Posted: Any target price? josephyeo      ( Date: 24-Aug-2020 14:55) Posted: One of the main reasons why I am bullish on the counter is its active management. Since it' s listing in Mar 2017, the company had initiated lots of changes n acquisitions. Will elaborate more on the changes if time permits.
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commando Master	24-Aug-2020 15:42        commando About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any target price? josephyeo      ( Date: 24-Aug-2020 14:55) Posted: One of the main reasons why I am bullish on the counter is its active management. Since it' s listing in Mar 2017, the company had initiated lots of changes n acquisitions. Will elaborate more on the changes if time permits.
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josephyeo Elite	24-Aug-2020 14:55        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	One of the main reasons why I am bullish on the counter is its active management. Since it' s listing in Mar 2017, the company had initiated lots of changes n acquisitions. Will elaborate more on the changes if time permits.
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