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think there are a lot of small-mid caps in SG that are quite tightly controlled. not sure about this counter but these are all market noise, doesn' t affect the underlying fundamentals of the business if you are investing as opposed to trading.
wcp2017 ( Date: 27-Nov-2017 14:13) Posted:
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Short term boh pian if you buy high..CD coming, Q1 results coming, expansion in the pipeline..so i think shld be rosy moving forward. I think the pain and the gain is in the waiting. Anyway, everyone has different investment objectives..good luck to all! Have a nice trading day.
I noticed this counter a bit "dirty" .
Buy Sell think same group.
They on full control . I dont like to be manopuloted.
you changed your mind very fast man...lol. First you have praised the stock to the sky..now you treat it like dirt
I think i made a mistake in this counter.
Not recommended to buy.
I switch to Sam Goi counters.
Cut loss at 56.5. Pui stock. PUi !
When is the xd? loaded more if price drops further.. keep for 1 to 2 years should be good as all overseas businesses should start to have good harvests..
Give out dividend 1.2 cts still sell low
LOL JUMBO make profit or make loss ?
Jumvo bosses offended local big shorts in TH ?
Just think only opening may be under water ?...
oldcoconut ( Date: 26-Nov-2017 01:54) Posted:
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Jumbo will rise with the tide of No Sign Board IPO.
The hotter the No Sign Board IPO , the hotter for Jumbo also.
Same induatry hot and rise.
0 debt
Steady Income
Generating Good Cash Flow
Nice Dividend Yield
Billionaire Ron Sim bought at 0.665 ($21 mil worth acquired)
Now only 0.58
Good upaide. 70 to 75 cts.
wcp2017 ( Date: 25-Nov-2017 16:40) Posted:
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Dont know how will be the share p cos jumbo profitdown 6.3% just announced.
n3wbie ( Date: 25-Nov-2017 17:33) Posted:
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do not forget that Ron only doubled his stake in Jumbo at 66.5c. inclusive of his IPO subscription of 5% stake, his average is about 45.75c, so he' s still pretty much in the money. that being said, of course I think the long term growth story for the Group remains intact, matter of time for the multiplier effect from the franchise to kick in. gotta see how the market perceives the set of results on Mon.
wcp2017 ( Date: 25-Nov-2017 16:40) Posted:
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Can see share price move above 70 cts soon.
Why ?
Tycoon Billionaire Ron Sim forked out $21 mil buying into Jumbo.
His entry price ? 66.5 cts per share.
58 cts can start buying some now.
TP at least 10% above Ron Sim entry price : about 73 cts
Results steady and good. Generating steady cash flow that's why giving nice dividends yield.
Going into Shanghai with world famous chilli crab can almost say a sure success. Taiwan side good partner.
Vietnam is a good market too.
If they market franchising rights well, can see 10x or even 100 x rev. growth in China.. I mean China is so big market. Middle class with more than 5 mil rmb in assets already more than 450 mil.
Jumbo also have famous bak kut teh Ng Ah Sio.
If you compared it with last year, it' s not that much of a difference considering how they have expanded, they obviously have more headcount now.
n3wbie ( Date: 25-Nov-2017 08:36) Posted:
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if I' m not wrong, the $41m comprises not just benefits but also general labour wages as well? given that F& B is a relatively labour-intensive industry, this contributing to almost 28.7% of sales seems like a fair figure.
question is whether the forward growth has been priced in cos it is presently valued at 25.6x PE (based on FY17' s earnings) so it depends on how quickly the franchises can contrbute positively to the bottomline and also how soon the China' s operations can turn EBITDA positive. hard to ascribe a higher PE multiple if the market is unable to price in or quantify the forward growth potential.
question is whether the forward growth has been priced in cos it is presently valued at 25.6x PE (based on FY17' s earnings) so it depends on how quickly the franchises can contrbute positively to the bottomline and also how soon the China' s operations can turn EBITDA positive. hard to ascribe a higher PE multiple if the market is unable to price in or quantify the forward growth potential.
TigTig ( Date: 25-Nov-2017 00:56) Posted:
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Did you notice 41 million went to employees' benefits, whereas net profit is 15 million. Shareholders are supporting company welfare? The same is repeated in previous year. This kind of company is nice to work for, but I think i' d be a cabbage head to buy the shares!
Not bad. Increased 6% in revenue, while there is a 6% drop in net profit,
share price is determined by it' s future growth.
Net profit will rise as they expand. slow and steady growth here.
share price is determined by it' s future growth.
Net profit will rise as they expand. slow and steady growth here.
JUMBO posts 6.7% drop in FY profit
JUMBO Group Limited reported a 6.7 per cent drop in net profit for the full year ended Sept 30 to S$14.47 million as higher expenses and lower other income offset the rise in revenue.
A 6.1 per cent increase in revenue to S$145.1 million for the year took place on the back of an overall increase in revenue from JUMBO' s operations in both Singapore and China, as well as a full-year revenue contribution from the group' s third JUMBO Seafood restaurant in Shanghai.
" The F& B industry is expected to continue to be challenging due to pressure on operating costs and keen competition," JUMBO said on Friday.
Going forward, the group will continue to focus on lowering operating costs and improving productivity and efficiency, it added.
The restaurant group said that it will also continue to explore suitable opportunities to expand its network of F& B outlets and business through the opening of new outlets, acquisitions, joint ventures or strategic alliances with partners.
This month, JUMBO announced the setting up of a new branch office in Shanghai in conjunction with the opening of its fourth JUMBO Seafood outlet in the city' s L' Avenue Mall, Hongqiao. The new outlet, the fifth JUMBO Seafood outlet in China, is slated to open in December.
Outside of China, JUMBO has entered into a joint venture agreement with local strategic partner Baipin Co Ltd to open at least eight JUMBO Seafood outlets in Taiwan.
The board of directors has proposed a tax-exempt final cash dividend of 0.5 cents and a tax-exempt special dividend of 0.7 cents. The proposed dividends are subject to shareholders' approval at the upcoming annual general meeting.
Including the tax-exempt interim dividend of 0.5 cents per share, the group will pay out a total dividend payout of 1.7 cents per share for fiscal 2017, amounting to about 75.4 per cent of the group' s fiscal 2017 net profit.
What y'all think of the results? Price up or down?
Jumbo: Financial Statements and Related Announcement :: Full Yearly Results
http://repository.shareinvestor.com/rpt_view.pl/id/713792.2/type/sgxnet/original_filename/1
http://repository.shareinvestor.com/rpt_view.pl/id/713792.1/type/sgxnet/original_filename/1
Jumbo FY results should be out this week. expecting 1-1.5cts div if result ok.