tag:blogger.com,1999:blog-3276688108456391559.post8593480107166180500..comments2024-02-27T13:41:46.698+08:00Comments on SG Young Investment: Company in focus - Select GroupSGYIhttp://www.blogger.com/profile/09445517891969740960noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-3276688108456391559.post-36480909653454173562014-03-24T15:11:36.607+08:002014-03-24T15:11:36.607+08:00Hi betta man,
This I won't be able to answer ...Hi betta man,<br /><br />This I won't be able to answer you. Investing in this company will need a long time before profits can be realised. Building the new HQ will improve its profit margins. If they venture out overseas successfully, then it will boost up their profits. At this point in time, there are still many uncertainties. I'll not be adding to my position and remain status quo now. SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-30364700313676911492014-03-24T13:31:26.557+08:002014-03-24T13:31:26.557+08:00According to the investor relationship of Select G...According to the investor relationship of Select Group, they are building a new HQ at Senoko and hence decided to give out less dividend. They have plans to explore overseas. It's share price has hit a new low of $0.32. Is it worthwide to average down ?Betta manhttps://www.blogger.com/profile/02597553932202096004noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-56831874391440879392014-03-19T21:09:20.257+08:002014-03-19T21:09:20.257+08:00Hi betta man,
I've looked through their finan...Hi betta man,<br /><br />I've looked through their financial results. The tight labour market certainly impacted their profits. The disappointing result was from its Texas chicken which chalk up a loss. The main cause of their decreased profits was however due to more money being spent on R&D. They are still embarking on a few other F&B concepts and its china town food street just recently opened again after renovation works. <br /><br />To realise more profits, they'll probably need more time to strengthen operations and manage their cost. I hope they do something to their loss making texas chicken soon. SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-77068562168291508932014-03-19T20:27:00.429+08:002014-03-19T20:27:00.429+08:00final dividends slumped to 0.2 cents for FY2013, a...final dividends slumped to 0.2 cents for FY2013, as compared to 2 cents in FY2012. What are your thoughts on that ?<br />Betta manhttps://www.blogger.com/profile/02597553932202096004noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-82876458507634301452013-08-15T18:28:35.898+08:002013-08-15T18:28:35.898+08:00Hi betta man,
Their revenue increased but net pro...Hi betta man,<br /><br />Their revenue increased but net profit decreased. This is due to a one time loss of 0.31 million on disposal of fixed assets. Other increased cost are manpower, food and raw materials. Cash flow also decreased as trade payables increased. I do not know why many of their clients are owing them money. If they pay up, cash flow should be healthy. <br /><br />Select group is still expanding their business thus it'll take some time before their net profit increase significantly. They are also building a new HQ with their offices and central kitchen located in one place. This will help keep their cost down as they improve productivity. I will have to see their next business expansion plans to know whether they are still a good company. <br /><br />Nonetheless, the recent financial statement is positive on revenue growth. I hope they can keep cost down and improve their net margins. That will be the number I'll be looking at in their next statement. SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-32841050144718422072013-08-15T16:37:27.733+08:002013-08-15T16:37:27.733+08:00Hi SG Young Investment,
What do you think of Sele...Hi SG Young Investment,<br /><br />What do you think of Select Group's HY2013 results ?<br /><br />http://infopub.sgx.com/FileOpen/SGL_HY2013_Results_Final_140813.ashx?App=Announcement&FileID=252324Betta manhttps://www.blogger.com/profile/02597553932202096004noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-46495494889058385862013-07-09T21:48:28.074+08:002013-07-09T21:48:28.074+08:00Hi value investor,
Sure, I've added your link...Hi value investor,<br /><br />Sure, I've added your link to my blog. Do add mine to yours too.SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-57399580794865219552013-07-09T20:35:11.455+08:002013-07-09T20:35:11.455+08:00Would you like to exchange links?
My url is: http:...Would you like to exchange links?<br />My url is: http://tradingeducationprogram.org/Value Investorhttp://tradingeducationprogram.org/noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-90426099437131430032013-07-09T10:56:59.169+08:002013-07-09T10:56:59.169+08:00Hi betta man,
That I'm not sure. If their pro...Hi betta man,<br /><br />That I'm not sure. If their profits continue to increase, the likelihood of increasing dividends will be higher. But then again. Its up to the management of the company to decide. I'm into it more for the growth then the dividends. If the company continues to grow, its better for shareholder's value. SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-79184299428871270692013-07-09T09:51:00.555+08:002013-07-09T09:51:00.555+08:00Do you think their annual dividend of $0.025 is su...Do you think their annual dividend of $0.025 is sustainable ?Betta manhttps://www.blogger.com/profile/02597553932202096004noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-11923574516682413302013-07-07T13:53:12.679+08:002013-07-07T13:53:12.679+08:00Hi AK71,
Just sharing what i know only. Hope its ...Hi AK71,<br /><br />Just sharing what i know only. Hope its useful. :)SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-52504856704164364132013-07-07T13:27:23.537+08:002013-07-07T13:27:23.537+08:00You are on to something here. Thanks for the heads...You are on to something here. Thanks for the heads up. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-27587101520492857442013-07-07T07:53:58.734+08:002013-07-07T07:53:58.734+08:00Hi Solace,
I have been researching on companies t...Hi Solace,<br /><br />I have been researching on companies these few weeks and happen to see this company. Some of their brands caught my attention and I realised they have been sending brochures to my house all along. <br /><br />Thanks for your kind words. I will keep on blogging and sharing the little things I know. :) SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-64821001227483958122013-07-07T00:52:24.530+08:002013-07-07T00:52:24.530+08:00Hi,
My 1st post on your blog. I notice that food ...Hi,<br /><br />My 1st post on your blog. I notice that food stocks have been performing well so far this year. I have sold off my holding in SUPER grp and Old Chang Kee recently to cash in on profit.<br /><br />How did this company catches your attention? U read it somewhere?<br /><br />This a good post & analysis and keep up the good work in blogging :) Solacehttps://www.blogger.com/profile/08801978818033316328noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-30136717862798161472013-07-06T14:13:57.589+08:002013-07-06T14:13:57.589+08:00Hi CreateWealth8888,
Yup, I heard of it before. M...Hi CreateWealth8888,<br /><br />Yup, I heard of it before. My parents couldn't remember about texas chicken when I told them it was here in SG in the 70s and 80s. Probably they were too poor to have fast food at that time. I heard of it from some of my older colleagues. SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-78186845261037616312013-07-06T13:06:57.599+08:002013-07-06T13:06:57.599+08:00Texas Chicken was in Singapore before KFC. Ask you...Texas Chicken was in Singapore before KFC. Ask your parents or grand-parents. LOL!CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.com