| Latest Forum Topics / Man Wah |
 Post Reply
|
|
Man Wah vs HTL
|
|
|
Gallen
Senior |
25-Mar-2006 13:31
|
|
x 1
x 0 Alert Admin |
Extracted from my blog http://kelongstocks.blogspot.com Please remember to support my blog :) HTL aims to achieve 11% compounded annual growth rate in revenues till 2010 to achieve turnover target of S$1b while trying to sustain margins at 8%. For 2006, I am forecasting a mere 15% increase in revenues and 10% rise in net profits due to rising costs and increasing competition which will likely hit margins. HTL has announced a 1 for 4 bonus issue and has increased dividend payout by 35% compared to FY 2004. Man Wah has been reporting very strong sales of late for (impact to be felt in FY2007), full year FY2006 results should be out in May. Reports show they tripled orders at Las Vegas exhibition, obtained 32% of FY04's revenues (worth of orders) in Cologne and achieved record orders in Singapore's exhibition (29% more orders). For FY 2007 (Mar 2006 till Mar 2007), I am forecasting 40% rise in revenues and 30% rise in net profits as margins continue to moderate. ........continued at my blog |
| Useful To Me Not Useful To Me | |