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josephyeo Elite	03-Jun-2020 19:27        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Kimly completes acquisitions of six food outlet properties for S$35.5 million  The Group has increased its number of food outlets and food stalls from 64 to 79 and from 121 to 137 respectively since IPO  Consumers&rsquo preference post COVID-19 for more economical food options in coffeeshops and increase in demand for online food deliveries will benefit the Group  In line with the Group&rsquo s strategy to pursue long-term direct ownership in properties where the Group operates and manages food outlets, so as to enhance long term shareholder value SINGAPORE, 3 June 2020 &ndash SGX Catalist-listed Kimly Limited (&ldquo 金 味 有 限 公 司 &rdquo ) (&ldquo Kimly&rdquo or the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) is pleased to announce that it has completed the acquisitions of six food outlets first announced on 21 February 2020 for S$35.5 million,  comprising 2 coffeeshops, 3 industrial canteen units and a restaurant unit.    Completion of the acquisitions of the remaining 2 coffeeshops located at Block 380 Clementi Avenue 5 and Block 347 Ang Mo Kio Avenue 3 for a total consideration of S$20.315 million will only take place at a later date once the requisite approvals and/or permissions have been obtained from the HDB, which have been delayed due to COVID-19 disruption.   Part of the total consideration of S$35.5 million has been satisfied through issuance of 22 million new shares at the issue price of S$0.25 per share, representing a substantial premium of close to 15.9% to the volume weighted average price of S$0.2102 for the full market day on 2 June 2020.   Most of these acquired properties will progressively undergo asset enhancement initiatives (&ldquo AEI&rdquo ) such as layout improvements, increase of seating capacities, introducing new and exciting food concepts, aimed at retaining current food stall operators, attracting new food stall tenants as well as better serving our customers. With the completion, the Group&rsquo s total number of food outlets will increase from 73 to 79, complemented by an additional 4 drink stalls and 3 food stalls.   2 IPO Pre-Completion Post-Completion Change Food outlets 64 73 79 23.4% Food stalls 121 134 137 13.2% The Group has been extending its network of food outlets in strategic locations. Since IPO, the Group has increased its number of food outlets and food stalls by 23.4% and 13.2% respectively.   Besides revenue contribution from managing the food outlets and operating the Group&rsquo s selfoperated food stalls, being the Mixed Vegetable Rice, Dim Sum and Drinks stalls, the Group will also be able to create additional multiple revenue streams by operating more food stalls at these newly acquired food outlets. The newly acquired food outlets will also increase the Group&rsquo s outreach in both online and offline channels, thus further expanding the Group&rsquo s reach in strategic locations and areas where the Group does not have a presence. The Directors of the Group added, &ldquo We continue to look for opportunities to acquire and operate more strategically-located food outlets with the view of enhancing long-term shareholder value and the Group&rsquo s profitability. Moving ahead, we remain committed to our strategy to pursue long-term direct ownership in properties where the Group operates and manages food outlets to further extend our presence across the heartlands of Singapore.&rdquo Source: Department of Statistics Singapore1 Significantly, the outbreak of COVID-19 has changed the landscape of the food and beverage 1 Department of Statistics Singapore, Food & Beverage Services Index, (2017 = 100), In Chained Volume Terms, (SSIC 2015 Version 2018), Monthly https://www.singstat.gov.sg/find-data/search-by-theme/industry/services/latest-data -80.0 -60.0 -40.0 -20.0 0.0 20.0 40.0 F& B Services Index (%) Fast Food Outlets Cafes, Food Courts & Other Eating Places Food Caterers Restaurants Jan                    Feb Mar Apr May                    Jun Jul Aug                      Sep                      Oct                      Nov                      Dec                    Jan                        Feb                    Mar              2019 2020 3 industry where people are generally more cost-conscious arising from the negative economic impact. According to the Department of Statistics of Singapore, turnover of restaurants fell 30.1% in March 2020 year-on-year (&ldquo yoy&rdquo ) while the sales of cafes, food courts and other eating places in comparison dropped 14.5% yoy during the same period2. Online food and beverages sales made up of about 15.6% of the total sales value of food and beverages sales in March 2020, representing a rise of 7.5 basis points as compared to March 20193. The Group could benefit as consumers continue to prefer more economical food options in coffeeshops and also opt for more online food deliveries.
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josephyeo Elite	03-Jun-2020 19:16        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Asset Acquisitions and Disposals::COMPLETION OF ACQUISITION OF SIX FOOD OUTLET PROPERTIES
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josephyeo Elite	11-May-2020 23:35        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	The results have improved despite of the deadly coronavirus pandemic that has temporarily shuttered the group&rsquo s cake shops and left its coffee shops, canteens and food courts open only for takeaway and delivery. I think this quite an achievement. Many companies which did not benefit directly from Covid 19 have reported lower profits. Some down as much as 90%. The dividend is down from 0.56 cts to 0.28 cts. Given the change in company strategy of  owning coffee shops instead of renting, i think its wise for the company to hold back some cash. This cash can be used for further acquisitions. Above are just my thoughts. Dyodd.
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commando Master	11-May-2020 20:44        commando About Contact  Quote this Post!
x 0   x 0  Alert Admin	Div cut lah...only. 0. 0028 tis rd josephyeo      ( Date: 11-May-2020 18:39) Posted: Despite Covid 19, Kimly reports improvement in profits: Kimly: Financial Statements and Related Announcement :: Half Yearly Results Kimly: Net Profit Grows 5.3% To S$10.5 Million In 1HFY2020.
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lailai Elite	11-May-2020 19:22        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yeah, good for the kongsi, but looks like not good for investors. Cos after improvement in profits, kongsi half the div as compared to previous corresponding period. Sigh.
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josephyeo Elite	11-May-2020 18:39        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Despite Covid 19, Kimly reports improvement in profits: Kimly: Financial Statements and Related Announcement :: Half Yearly Results Kimly: Net Profit Grows 5.3% To S$10.5 Million In 1HFY2020.
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lailai Elite	04-May-2020 16:03        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	You got good bizness sense. Still a neglected stock, likely due to the uncertainty of probe outcome.  If authorities do make a positive statement that probe is closed, think many retailers will buy for good div yld. Coz kopi bizness is sure make profit. Cost price for a cup, probably less than 20c, sell for $1 or more, yet got long q. josephyeo      ( Date: 04-May-2020 08:55) Posted: Personally i am positive about the acquisition which is likely to lead to more revenue n profits. Anyway, Kimly is in a cash accretive type of buisiness so cash flow unlikely to be a problem. Its good that they put the money to good use than to let it idle in its balance sheet.
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josephyeo Elite	04-May-2020 08:55        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Personally i am positive about the acquisition which is likely to lead to more revenue n profits. Anyway, Kimly is in a cash accretive type of buisiness so cash flow unlikely to be a problem. Its good that they put the money to good use than to let it idle in its balance sheet.
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cmengchan Senior	04-May-2020 08:13        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Cash horde more than half used up. https://www.google.com/amp/s/www.businesstimes.com.sg/companies-markets/kimly-acquires-portfolio-of-food-outlet-properties-for-s558m%3famp Kimly acquires portfolio of food outlet properties for S$55.8m MARISSA LEE FEB 21, 2020 09:05 PM CATALIST-LISTED coffeeshop consolidator Kimly has agreed to acquire a S$55.8 million portfolio of food outlet properties, comprising four coffeeshops, three industrial canteen units and a restaurant unit. It will pay for the acquisition with cash of S$45.8 million. Kimly will also raise S$10 million through the issuance of 40 million new shares at S$0.25 apiece, representing a premium of 8.7 per cent to the last traded price of S$0.23. The four coffeeshops are located at Block 7 Everton Park, Block 246 Hougang Street 22, Block 380 Clementi Avenue 5 and Block 347 Ang Mo Kio Avenue 3. The restaurant and one industrial canteen are located at 38 Jalan Pemimpin. The other two industrial canteens are located at 28 Senang Crescent. Kimly said: "The group continues to distinguish itself from its competitors by having better control over its business processes and its involvement in various aspects of the supply. Besides managing food outlets, the group is also able to operate its own food stalls and supply the food stalls with semi and/or finished food products from its newly expanded central kitchen." It added that the supply of long-term leasehold coffeeshop properties for sale or lease in Singapore has become increasingly limited. "Coffeeshop properties with strategic locations and large footfalls are particularly in demand. Through the acquisition, the group secures its long-term right of use of these properties to expand and grow its network of food outlets, and will continue to acquire and/or operate more strategically located food outlets in mature estates with established footfalls," it noted. Kimly shares closed flat at S$0.23 on Friday before the announcement was made. josephyeo      ( Date: 03-May-2020 17:37) Posted: As a quick summary, the key points are: 1. Kimly has the highest dividend yield in relation to other food related company 2. Safety. Given its huge cash horde of $87 mil and no debt, its clearly a safe       company to invest in 3. Low valuation. Most food companies are trading on a p/e of around 20X.       Kimly trailing p/e is below 12X. 4. Actively managed. The company is actively managed. It has expanded its     dim sum producing area, restructure its central kitchen, introduced new peoducts     such as bak kua n holim, acquired more sites, tried out cashless payment etc etc. Refer to the company' s annual report n presentation for more details. Above are just my thoughts/perceptions and i could be wrong. Pls do your own due diligence.
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lailai Elite	04-May-2020 07:51        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	The points are all valid. With such good fundamentals, it shd not be trading at such low price. Kimly used to trade much higher at 34-36 for many months b4 probe, and investors had been well rewarded with attractive regular div. In fact coy is very generous with div, and investors now are getting even higher div yld than before. With its huge cash in hand, no problem giving div lah. The probe was very damaging, as it creats uncertainty of what can happen. One thing bad is the authorities do not give feedbacks of their investigations even until now, and this does not help to remove the uncertainty. Is it still open after 1.5 years, or close, wonder ... wonder. The only related news could be the recent announcement that pokka and ex-ceo had settled the lawsuit. Anyway, the coming result shd be good, as it is til march before the CirB sets in. Hope coy will pay promptly and not like CEWL which conveniently postpones payment becos cannot hold physical meeting.  Just opinion.  josephyeo      ( Date: 03-May-2020 17:37) Posted: As a quick summary, the key points are: 1. Kimly has the highest dividend yield in relation to other food related company 2. Safety. Given its huge cash horde of $87 mil and no debt, its clearly a safe       company to invest in 3. Low valuation. Most food companies are trading on a p/e of around 20X.       Kimly trailing p/e is below 12X. 4. Actively managed. The company is actively managed. It has expanded its     dim sum producing area, restructure its central kitchen, introduced new peoducts     such as bak kua n holim, acquired more sites, tried out cashless payment etc etc. Refer to the company' s annual report n presentation for more details. Above are just my thoughts/perceptions and i could be wrong. Pls do your own due diligence.
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josephyeo Elite	03-May-2020 17:37        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	As a quick summary, the key points are: 1. Kimly has the highest dividend yield in relation to other food related company 2. Safety. Given its huge cash horde of $87 mil and no debt, its clearly a safe       company to invest in 3. Low valuation. Most food companies are trading on a p/e of around 20X.       Kimly trailing p/e is below 12X. 4. Actively managed. The company is actively managed. It has expanded its     dim sum producing area, restructure its central kitchen, introduced new peoducts     such as bak kua n holim, acquired more sites, tried out cashless payment etc etc. Refer to the company' s annual report n presentation for more details. Above are just my thoughts/perceptions and i could be wrong. Pls do your own due diligence.
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josephyeo Elite	03-May-2020 17:25        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Below is a post from last year. Most of the key points still stand today. See below: As seen from below, Kimly is clearly leading in terms of dividend yield, low valuation with p/e of 12.3 and high cash horde. It comes 2nd in term of market capitalisation. The negative sentiments in the stock is probably due to SPF-CAD investigation on 2 of the directors.   Company Dividend yield   Company Trailing p/e Kimly 5.3   Kimly 12.3 Japan Food 4.4   RE& S 15 Soup Rest 3.7   koufu 15.4 koufu 3.2   Jumbo 19.9 Jumbo 3.2   Japan Food 22.4 RE& S 2.2   Soup Rest 24.1                     Company Cash   Company Market Cap Kimly 86487   koufu 377.4 koufu 66557   Kimly 270.0 Jumbo 45986   Jumbo 240.4 Japan Food 19511   Japan Food 74.6 RE& S 15971   RE& S 65.5 Soup Rest 9984   Soup Rest 48.8 Just for info. Pls note the risk involved. On my side I am quite heavily vested. ... end ... Based on the latest price of 20.5 cts for Kimly, the current dividend yield is around 6.7%. The cash position is at $87 mil. The trailing p/e is around 12 X. For info only. Dyodd.
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josephyeo Elite	01-May-2020 22:07        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Present price is below its ipo price of 25.0 cts. IPO was on 27 March 2017. Its a cash accretive type of business, so cashflow should not be a problem. All things being equal, the cash holding should go higher.
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josephyeo Elite	30-Apr-2020 20:07        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Kimly results should be out next month. Last year, half year result was released on 7 May 2019. Dividend of 0.56 cts was declared. For info only. Dyodd
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josephyeo Elite	30-Apr-2020 14:42        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	josephyeo      ( Date: 30-Apr-2020 10:44) Posted: Maybe its time to look at Kimly. Its one of the few companies which have not corrected up. Its actually one of the safest company to invest in, with no debt n a huge cash horde of $87 mil and an excellent dividend yield of 6.7% base on today' s price. See datas below: Cash - $87 mil Debt - zero Dividend per share - 1.4 cts Dividend yield - 6.7% P/E - 12X Historical high - 56.5 cts 52 weeks high - 25.0 cts 52 weeks low - 17.5 cts Just sharing. Dyodd.
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sengsk Elite	30-Apr-2020 10:45        sengsk About Contact  Quote this Post!
x 0   x 0  Alert Admin	josephyeo      ( Date: 30-Apr-2020 10:44) Posted: Maybe its time to look at Kimly. Its one of the few companies which have not corrected up. Its actually one of the safest company to invest in, with no debt n a huge cash horde of $87 mil and an excellent dividend yield of 6.7% base on today' s price. See datas below: Cash - $87 mil Debt - zero Dividend per share - 1.4 cts Dividend yield - 6.7% P/E - 12X Historical high - 56.5 cts 52 weeks high - 25.0 cts 52 weeks low - 17.5 cts Just sharing. Dyodd.
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josephyeo Elite	30-Apr-2020 10:44        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Maybe its time to look at Kimly. Its one of the few companies which have not corrected up. Its actually one of the safest company to invest in, with no debt n a huge cash horde of $87 mil and an excellent dividend yield of 6.7% base on today' s price. See datas below: Cash - $87 mil Debt - zero Dividend per share - 1.4 cts Dividend yield - 6.7% P/E - 12X Historical high - 56.5 cts 52 weeks high - 25.0 cts 52 weeks low - 17.5 cts Just sharing. Dyodd.
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josephyeo Elite	03-Feb-2020 16:51        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Last year result was out on 12 Feb 2019. Expect a good set of result for this year.
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sengsk Elite	03-Feb-2020 10:05        sengsk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kimly consolidation 1 yr plus It might time for action. (  Personal view only  ) lailai      ( Date: 03-Feb-2020 10:01) Posted: Looks like the wuhan virus has made the div yld of this kopi shop even more attractive. But still hoping virus to disappear soon lah, and yld to be come down. At current 23c, yld is 6.1%, attractive for those who are interested in collecting div to pay for their breakfast, tim sum, etc. Doubt can get it so good after mkt has stabilised lah. Even at 30c, yld is still high at 4.6%. josephyeo      ( Date: 31-Jan-2020 02:01) Posted: Its time to relook at Kimly Limited. Some reasons why i am vested: 1. high dividend/dividend yield       Dividend of 1.4 cts per share was declared in year 2019,     giving a yirld of 5.833% on current price of 24.0 cts. 2. huge cash horde.     Company has a huge cash horde of $87.5 mil w no debt. 3. low p/e (see quote below)     Company has one of the lowest p/e among the food companies 4. actively managed Company is actively managed with many initiatives implemented such as - centralised kitchen, new acquisitions, cashless system in some outlets, new proprietory products ie iced coffee n tea etc 5. its trading far below it' s 2 and 5 year historical high 1 year high - 25.5 2 year high - 38.0 cts 5 year high - 56.5 cts Just sharing. Dyodd. Quote below is a posting i did on 7 June 201
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lailai Elite	03-Feb-2020 10:01        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like the wuhan virus has made the div yld of this kopi shop even more attractive. But still hoping virus to disappear soon lah, and yld to be come down. At current 23c, yld is 6.1%, attractive for those who are interested in collecting div to pay for their breakfast, tim sum, etc. Doubt can get it so good after mkt has stabilised lah. Even at 30c, yld is still high at 4.6%. josephyeo      ( Date: 31-Jan-2020 02:01) Posted: Its time to relook at Kimly Limited. Some reasons why i am vested: 1. high dividend/dividend yield       Dividend of 1.4 cts per share was declared in year 2019,     giving a yirld of 5.833% on current price of 24.0 cts. 2. huge cash horde.     Company has a huge cash horde of $87.5 mil w no debt. 3. low p/e (see quote below)     Company has one of the lowest p/e among the food companies 4. actively managed Company is actively managed with many initiatives implemented such as - centralised kitchen, new acquisitions, cashless system in some outlets, new proprietory products ie iced coffee n tea etc 5. its trading far below it' s 2 and 5 year historical high 1 year high - 25.5 2 year high - 38.0 cts 5 year high - 56.5 cts Just sharing. Dyodd. Quote below is a posting i did on 7 June 2019 josephyeo      ( Date: 07-Jun-2019 17:09) Posted: As seen from below, Kimly is clearly leading in terms of dividend yield, low valuation with p/e of 12.3 and high cash horde. It comes 2nd in term of market capitalisation. The negative sentiments in the stock is probably due to SPF-CAD investigation on 2 of the directors.   Company Dividend yield   Company Trailing p/e Kimly 5.3   Kimly 12.3 Japan Food 4.4   RE& S 15 Soup Rest 3.7   koufu 15.4 koufu 3.2   Jumbo 19.9 Jumbo 3.2   Japan Food 22.4 RE& S 2.2   Soup Rest 24.1                     Company Cash   Company Market Cap Kimly 86487   koufu 377.4 koufu 66557   Kimly 270.0 Jumbo 45986   Jumbo 240.4 Japan Food 19511   Japan Food 74.6 RE& S 15971   RE& S 65.5 Soup Rest 9984   Soup Rest 48.8 Just for info. Pls note the risk involved. On my side I am quite heavily vested.
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