when u think they will return?

btw,u still on genting?

few stocks having problem uploading thier FR to SGX yesterday night. The service restarted this morning.

From the FR you can see that China Sports:

1) NAV SGD 0.23 and Assets have raise.

2) Revenue continue to raise. which means market share has increase.

3) Average selling price has decrease hurting group profit due to intense market competition. But they are still making profit and gaing maket share despite of weak economy and intense competition.

4) Paid off over RMB 10 million worth of loans. Only prove that they have solid cash flow.

What to Expect in coming Months

1) Building a new manufacturing plant to increase its in house capacity. Therefore further reducing production cost and increasing quality.

2) Expecting more Ads & Promotion to enchance its brand standing in PRC. 

3) FIFA World Cup will kick off by June 2010. FIFA world Cup Events store expect to be ready by May 2010. Expect additional income from FIFA Apparels in the coming quarters as they are the Master Distributors in Whole of China.

4) PRC are recovering but consumer confidence are still lagging behind the economy. If PRC manage to stablise its growth we will see consumer spending recovering within 3-6 months. Remember its China time :)

5) Pretty Sure this coming year will have Dividend :)

Recommended Buy

Good Luck Guys.

BOSAYOR. 

Net Profit 10.4 30.2 -65.8% 122.6 184.9 -33.7%

Net Margin 2.6% 6.0% -3.4ppt 6.4% 9.9% -3.5ppt