ShareJunction - Stock Forum Messages %%%:

Back

First < Newer 341-360 of 377 Older> Last

Latest Forum Topics / Aspial Lifestyle Last:0.405

-0.005

Post Reply

Aspial Lifestyle

josephyeo
Elite

25-Feb-2024 23:45

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

MANAGEMENT COMMENT ON THE BUSINESS OUTLOOK SOUNDS QUITE POSITIVE. SEE BELOW:

The forecast for Singapore' s GDP in 2024 anticipates a more robust growth rate ranging from 1% to 3%1 ,
compared to the 1.1% achieved in 2023. However, there are potential downside risks stemming from uncertainties
in the global economy.

Significant strides are being made by the Group in harmonising its retail businesses, demonstrating continued
progress in this endeavour.

The pawnbroking business continues to experience healthy expansion, fuelled by heightened economic activities
which spur demand for short-term loans. We are cautiously optimistic on the positive contribution of our Malaysia
pawnbroking operations to the Group' s financial performance in FY2024.

Despite operating within a landscape of increased costs, the Group remains steadfast in its commitment to
enhancing the effectiveness and efficiency of its operations.

Useful To Me Not Useful To Me

josephyeo
Elite

25-Feb-2024 19:07

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

current year (2024) result is likely to be even better than 2023' s result
as current year will reflect the full impact of the company' s acquisition
in 2nd half 0f 2023. The acquisition of Lee Hua Jewelleryand Goldheart.

For info only. pls dyodd

Useful To Me Not Useful To Me

josephyeo
Elite

25-Feb-2024 17:40

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Aspial Lifestyle

Revenue Trend - good. See table below:
revenue up 108.9% against 2021
revenue up 47.8 % against 2022

Profit Trend - good. See table below:
profit up 32.8 % against 2021
profit up 26.3 % against 2022

yearly	FY' 21	FY' 22	FY' 23
revenue	225,703	319,008	471581
np	14,446	15,984	19191

Dividend - good
full year dividend of 0.78 cts against the last traded price of 12.8 cts
give a yirld of 6.09 %. Historically, company is generous with dividend. See below

Action Type	Ex Date	Record Date	Payment Date	Details
DIVIDEND	3/10/2023	4/10/2023	22/11/2023	1 Cash Options
DIVIDEND	6/4/2023	10/4/2023	20/4/2023	SGD 0.004
Dividend 2023
DIVIDEND	17/8/2022	18/8/2022	9/9/2022	SGD 0.0065
DIVIDEND	11/3/2022	14/3/2022	24/3/2022	SGD 0.006
Dividend 2022				0.0125
DIVIDEND	17/8/2021	18/8/2021	26/8/2021	SGD 0.0065
DIVIDEND	12/3/2021	15/3/2021	25/3/2021	SGD 0.0145
Dividend 2021				0.021
DIVIDEND	4/8/2020	5/8/2020	14/8/2020	SGD 0.0115
DIVIDEND	15/6/2020	16/6/2020	23/6/2020	SGD 0.0035
DIVIDEND	16/1/2020	17/1/2020	28/1/2020	SGD 0.005
Dividend 2020				0.02
DIVIDEND	14/10/2019	15/10/2019	25/10/2019	SGD 0.005
DIVIDEND	24/5/2019	27/5/2019	6/6/2019	SGD 0.0035
DIVIDEND	24/1/2019	25/1/2019	8/2/2019	SGD 0.003 /sec
Dividend 2019				0.0115

For info only. Vested

Useful To Me Not Useful To Me

josephyeo
Elite

24-Feb-2024 14:43

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Aspial Lifestyle full result:

Revenue up 47.8 % ( see table below)

Profit up 20.0 % (see table below)

Dividend declared - 0.0034 cts.
( note - Full year dividend is 0.0078 cts, which give a yield of 6.09% on price of 12.8 cts)

yearly	FY' 21	FY' 22	FY' 23
revenue	225,703	319,008	471581
np	14,446	15,984	19191

I am happy with the results. And i am looking forward to
further improvement given the company' s acquisitions in the 2nd half of last year.

Fyi. Dyodd.

Useful To Me Not Useful To Me

josephyeo
Elite

26-Jan-2024 09:30

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Full year results should be out in 3 to 4 weeks time.Expect big improvements in revenue,
some profit growth and a meaningful dividend.

Just sharing. Vested!

Useful To Me Not Useful To Me

josephyeo
Elite

06-Jan-2024 15:30

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

2 of the main reasons why I am vested are. See below.

Revenue and Profit Growth

quarterly	2H' 22	1H' 23	Difference	in %
revenue	177,791	228,816	51025	28.6
profit	6,734	9,380	2646	39.2

The revenue is up by 28.6%

The profit is up by 39.2%. If currency loss of S$1.5 mil is taken into consideration
the profit would be S$10.8 mil implying an improvement of 61.0%.


Dividends History (Aspial Lifestyle)

Action Type	Ex Date	Record Date	Payment Date	Details
DIVIDEND	3/10/2023	4/10/2023	22/11/2023	1 Cash Options
DIVIDEND	6/4/2023	10/4/2023	20/4/2023	SGD 0.004
Dividend 2023
DIVIDEND	17/8/2022	18/8/2022	9/9/2022	SGD 0.0065
DIVIDEND	11/3/2022	14/3/2022	24/3/2022	SGD 0.006
Dividend 2022				0.0125
DIVIDEND	17/8/2021	18/8/2021	26/8/2021	SGD 0.0065
DIVIDEND	12/3/2021	15/3/2021	25/3/2021	SGD 0.0145
Dividend 2021				0.021
DIVIDEND	4/8/2020	5/8/2020	14/8/2020	SGD 0.0115
DIVIDEND	15/6/2020	16/6/2020	23/6/2020	SGD 0.0035
DIVIDEND	16/1/2020	17/1/2020	28/1/2020	SGD 0.005
Dividend 2020				0.02
DIVIDEND	14/10/2019	15/10/2019	25/10/2019	SGD 0.005
DIVIDEND	24/5/2019	27/5/2019	6/6/2019	SGD 0.0035
DIVIDEND	24/1/2019	25/1/2019	8/2/2019	SGD 0.003 /sec
Dividend 2019				0.0115

Useful To Me Not Useful To Me

josephyeo
Elite

06-Jan-2024 10:27

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Last financial year result was on 23 Feb 2023.
For info only.

Useful To Me Not Useful To Me

josephyeo
Elite

05-Jan-2024 10:41

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

BUSINESS REVIEW

PAWNBROKING BUSINESS
For the year ended 31 December 2022, revenue for our pawnbroking business grew by 11.9% from $ 46.0 million to $51. 5 million for F Y2022.
The improved performance was primarily due to higher interest income from the growing pledge book. Consequently, net profit before tax of the
segment also increased, rising by 12.5% to $9.0 million for FY2022 from $8.0 million in the previous financial year

RETAIL AND TRADING OF JEWELLERY AND BRANDED MERCHANDISE
The retail and trading of jewellery and branded merchandise segment saw the most improvement for the year under review mainly due to the
newly acquired jewellery business. The acquisition which was completed in 4Q2022 was earnings accretive and helped elevate segmental revenue
by 49.4% or $87.8 million to $265.4 million from the year before. In line with the higher revenue, the segment&rsquo s net profit before tax nearly doubled
to $16.5 million for the year under review

SECURED LENDING
The Group&rsquo s secured lending business reported stable year with a 1.9% increase in revenue to $2.1 million

Above are taken from the company' s annual report. For info only.

Useful To Me Not Useful To Me

josephyeo
Elite

05-Jan-2024 09:04

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Background

Incorporated in 2008, Maxi-Cash Financial Services Corporation Ltd. is the first public-listed pawnbroker on the Singapore stock exchange.
The MCFS Group also retails jewellery and branded merchandise, and provides secured lending services. Today, the MCFS Group has the
largest network of pawnshops and retail outlets across Singapore, Malaysia, Hong Kong and Australia. Following the completion of
acquisition of Aspial-Lee Hwa Jewellery Singapore Pte. Ltd., Gold Purple Pte. Ltd. and BU2 Services Pte. Ltd., MCFS has changed its name
to " Aspial Lifestyle Limited" (" Aspial Lifestyle" ) as its consumer lifestyle related business would be significantly expanded. In addition to its
existing pawnbroking, money lending, and retail and trading of pre-owned jewellery and branded merchandise businesses, the renamed
Aspial Lifestyle will also own and operate two of the largest jewellery retail chains in Singapore under the well-known " Lee Hwa" and " Goldheart"
brands, which have strong brand equity, an established track record, innovative concepts, a competent management team, an established
customer base, and a prime store network.

Above is for info only.

Useful To Me Not Useful To Me

josephyeo
Elite

04-Jan-2024 18:22

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

The profit is actually higher if we take into considerations the one-off
currence loss of S$1.5 mil. If we add back the currency loss of S$1.5 mil
the 1st half ' 23 profit should be - S$9,380 + S$1,500 = S$10850.

This is an improvement of 61.1% against 2nd half profit of S$6,734. See below.

1H' 23 - profit S$10850
2H' 22 - profit S$6,734
Difference - S$4,116
In % - 61.1%
This is a huge improvement!

Useful To Me Not Useful To Me

josephyeo
Elite

04-Jan-2024 11:13

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Company' s full year result likely to be out in 3rd week Feb

Useful To Me Not Useful To Me

josephyeo
Elite

04-Jan-2024 11:12

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Last year 2nd half against this year 1st half.

quarterly	2H' 22	1H' 23	Difference	in %
revenue	177,791	228,816	51025	28.6
np	6,734	9,380	2646	39.2

From the above, it is clear that this year result will be very much better than last financial year.
Vested. Dyodd.

Useful To Me Not Useful To Me

josephyeo
Elite

03-Jan-2024 15:06

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Repsot on dividend history.

The dividends declared from year 2019 to 2022 add up to 6.5 cts for the 4 years.
This gives an yearly average of 6.5/4 = 1.625 cts per share. Based on current price of 12.4 cts,
the dividend yield is around 13.0%. See below:

Dividends History (Aspial Lifestyle)

Action Type	Ex Date	Record Date	Payment Date	Details
DIVIDEND	3/10/2023	4/10/2023	22/11/2023	1 Cash Options
DIVIDEND	6/4/2023	10/4/2023	20/4/2023	SGD 0.004
Dividend 2023
DIVIDEND	17/8/2022	18/8/2022	9/9/2022	SGD 0.0065
DIVIDEND	11/3/2022	14/3/2022	24/3/2022	SGD 0.006
Dividend 2022				0.0125
DIVIDEND	17/8/2021	18/8/2021	26/8/2021	SGD 0.0065
DIVIDEND	12/3/2021	15/3/2021	25/3/2021	SGD 0.0145
Dividend 2021				0.021
DIVIDEND	4/8/2020	5/8/2020	14/8/2020	SGD 0.0115
DIVIDEND	15/6/2020	16/6/2020	23/6/2020	SGD 0.0035
DIVIDEND	16/1/2020	17/1/2020	28/1/2020	SGD 0.005
Dividend 2020				0.02
DIVIDEND	14/10/2019	15/10/2019	25/10/2019	SGD 0.005
DIVIDEND	24/5/2019	27/5/2019	6/6/2019	SGD 0.0035
DIVIDEND	24/1/2019	25/1/2019	8/2/2019	SGD 0.003 /sec
Dividend 2019				0.0115

Useful To Me Not Useful To Me

bechaotic
Member

03-Jan-2024 12:35

bechaotic About Contact Quote this Post!

x 0
x 0

Alert Admin

What about Aspial Corp, the parent company, which also own this Aspial Lifestyle?

Useful To Me Not Useful To Me

josephyeo
Elite

03-Jan-2024 10:30

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Pls note that Aspial Lifestyle is a thinly traded stock. There are often no buyers or buyers
queuing at a much lower price than sellers.

I am in it bcoz of growth n dividends. I expect big improvement in revenue and profits for current
and subsequent year. For the moment I am going after the dividends which give a yield of around 8.2%
at current price of 12.3/12.4 cts.

As the company give high dividends consistently, I am into the stock for a long hold.

Above for information only. Pls dyodd.

Useful To Me Not Useful To Me

josephyeo
Elite

02-Jan-2024 23:28

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Repost for those who missed it.

Summary of some of the reasons for being vested.

1	Excellent dividend yield
	Excellent and consistent dividend yield.
	At current price the yield is around 8%

2	Substantial revenue growth trend
	Clear trend in substantial revenue growth.
	With the inclusion of the recent acquisition
	Lee Hua, Goldheart etc, it is clear that the
	revenue improvements will be substantial.

3	Consistently profitable
	Company has ben consistently profitable in the
	past years with profits of above S$10 mil

4	1st half profit S$3.9 mil
	First half profit of S$9.3 mil imply a full year of
	around S$20.0 mil, which is one of its best
	performing years.

5	Company actively managed
	Company is actively managed as evidenced by the
	recent acquisitions in Singapore and Malaysia.

6	Company' s brands are well known -
	Lee Hua Jewellery
	Goldheart
	Maxi cash

	Maxi cash has 40 plus units all over Singapore. One
	is likely to bump into one when one visit a shopping mall

	Above are just my thoughts. I am heavily vested, so my
	views could be bias. Pls do your own dyodd.

Useful To Me Not Useful To Me

josephyeo
Elite

02-Jan-2024 20:37

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

Aspial Lifestyle is likely to do better in terms of revenue and profit growth as against
Valuemax and Moneymax, at least for current and next year. This is just my guess
as i throw the company forward for year 2023 n 2024.

Growth in revenue and profit will bring the p/e down. Currently the p/e is around 10 X

bechaotic ( Date: 02-Jan-2024 16:15) Posted:

Although highest in term of DY, it pales in comparision with Valuemax & Moneymax with lower EPS, higher PE, lower BVPS resulting in higher PB. So it depends of what investor really looking for.

Useful To Me Not Useful To Me

josephyeo
Elite

02-Jan-2024 19:42

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

It hit a low of 11.9 cts on 17 May 2020 and a low of 12.0 cts on dec 2023.
Can say it is trading near historical low but will not be able to tell whether
it will go up or come down.

Beta21177 ( Date: 02-Jan-2024 16:55) Posted:

but share price still drop. will it bottom up?

Useful To Me Not Useful To Me

Beta21177
Member

02-Jan-2024 16:55

Beta21177 About Contact Quote this Post!

x 0
x 0

Alert Admin

but share price still drop. will it bottom up?

Useful To Me Not Useful To Me

josephyeo
Elite

02-Jan-2024 16:36

josephyeo About Contact Quote this Post! Style: Fundamental

x 0
x 0

Alert Admin

I am looking at dividends n growth. P/e of valuemax and moneymax are respectively 5.7 and 4.5 X.
Incidentally I have shares of moneymax

Useful To Me Not Useful To Me

First < Newer 341-360 of 377 Older> Last

ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.