Soup Holdings    Last:0.061   -

Soup Restaurant after it ipo

I bought this counter not exactly because of “soup restaurant”, but more because of “Dian Xiao-er”. 

I have always liked “Dian Xiao-er” for its value for money dinner sets and its crispy duck.  I think it has one of the best roasted ducks in SGP. Dian xiao-er has a lot of potential as there are always long queues at its outlet.  I have never quite enjoyed the food at soup restaurant though.  If it is not for Dian Xiao-er, I will never want to touch this counter.

Recently, I read from somewhere that there are disputes between the founder of Dian xiao-er and the major shareholders.  How did everything turn out now? 

BTW, it is giving out dividends now, and price of share still remains stable at the region of 0.13 plus/minus.  Worth to invest for long term?

 

e hougang branch sengkang branch always empty. or maybe its just the time i go every body eat full liao. but u say got 15 percent wah thats alot neh!!no matter how many lots one buy?

 

Anyone vested in this stock? Seems like my most successful stock...

bought 50 lots a yr ago at 0.085... Dividend already collecting 10% of vested cash back..somemore... keep going up despite very very very low volume... weird...

 

PS.. To be frank i bought this share at first not because of any potential or what.. I never even studied any form of charts... I bought them is because of their member card... haha 15% discount leh... quite high haha.. now i reap alot!! IF only, IF i know i buy more than 50lots...haha.. but.... haiz... there's no IF in this world

 

Guys what u think about this stocks... Actually quite low volumes everyday but the stock like keep rising... Went up to high of 0.135 this morning... but maintaing at 0.13 today.. The restaurant like making good money also

 

Adapted from "Shares Investment".  Looks quite promising.

http://www.sharesinv.com/articles/2010/08/13/soup-restaurant-serves-up/

Its 1H10 net profit surged 80.6% to $2.25m on the back of additional contributions from new outlets while an increase in the number of customers and per head spending amidst the improving economic conditions, boosted revenue of existing outlets.

Along with this strong performance, SRG had declared a dividend payout of $0.01 per share, inclusive of a special dividend.

SRG, which was listed on the SGX-Catalist in 2007 and transferred to the Main Board just last year, owns and runs a chain of niche restaurants under 2 major brand names – “Soup Restaurant” and “Dian Xiao Er” – offering traditional, home-cooked dishes which originated from family recipes. Currently, the group has 24 outlets strategically located across Singapore to facilitate accessibility and reach a wider base of customers.

SRG’s performances, barring results from the dreaded year of 2009, has been robust all along with both its topline and bottomline increasing steadily. Its growth has been driven organically and through its acquisition of a majority stake in “Dian Xiao Er” chain of restaurants through Y.E.S F & B Group in 2006.

Promising Outlook

The prospect for the food and beverage (F&B) services industry in Singapore seems bright. The industry has been booming, registering an expansion of 12.4% YoY in 2008, led by restaurants establishments, which represented 35.5% of all F&B establishments.

Besides the locals who make up the burgeoning market for the F&B industry, the contribution of visitors cannot be neglected. In light of the launch of the Integrated Resorts, tourists are swarming in as Singapore’s vibrant entertainment scene and growing tourist attractions appealed to tourists.

This is evidenced by the record visitor arrivals logged by the Singapore Tourism Board, with July being the eighth consecutive month and also recording the first 1m visitor arrivals in a single month. As the number of travelers to Singapore increases, so will the demand for fine dining experiences.

In addition to the favourable environment, SRG had roll out various marketing strategies such as offering value-for-money lunch treats and more importantly introduced a Shareholder Privilege Card scheme, which acts as an incentive to its existing shareholders for better value and discounts when they patronise any participating Soup Restaurant outlet.

As the economy shows signs of revival, SRG may be able to gain some ground with its serving of more nutritious dishes. Its wholesome menu is said to cater to the rising trend of health consciousness among Singaporeans. This is further reinforced by the aging population of Singapore as the level of concern regarding food and nutrition is expected to rise.

Having said that, uncertainties about the global economic recovery still linger and the impact of the recent Russian ban on wheat exports remains to be seen. SRG’s margins may come under pressure should fears of a double dip escalate, adversely affecting consumers’ confidence, and prices of raw materials be inflated.

Nevertheless, SRG’s FY10 results look likely to at least be maintained at that of FY08. Judging from its dividend payout and net profit so far, a conservative estimate puts expected FY10 total dividend payout at a minimum of $0.0135, on par with that of FY08. This represents a substantial return of 11.7% in dividend yield based on 10 August 2010 closing price of $0.115. Even for FY09, SRG’s dividend yield of 3% beats most of its peers such as JapanFood’s 2.4% and Sakae Holdings’ 2.5%.

Furthermore, with a healthy net cash position of $17.7m as at end of 1H10 in addition to the recent switch to Main Board listing which acts to enhance its image, SRG seems well positioned to expand further, especially in the regional front where it had opened the first outlet located in Jakarta last year.

 

I prefer Dian Xiaoer, Soup rest. is ex and there is no value with their set meal packages.

Dian Xiaoer roast duck is better than the white chicken offer by Soup rest. 

 

Anyone re-looking into this counter?  Seems to be giving out dividends quite regularly.

Dian Xiaoer outlets seem to be quite popular here and business is good. 

How is the prospect for this stock?

 

Even full is not that feasible to run the restorant business in Singapore!

Jupp77      ( Date: 11-Jan-2008 17:10) Posted: Are the restaurants still full?

 

 

By ANGELA TAN

 

Soup Restaurant Group Limited on Friday reported net profit for 2009 fell by 19.4 per cent to S$2.75 million compared to 2008.

 

Revenue, however, rose 12.8 per cent to S$45.06 million due to the additional contribution by four new 'Dian Xiao Er' outlets which commenced operations between December 2008 and April 2009.

Revenue from 'Dian Xiao Er' accounted for about 47 per cent of revenue in FY09, compared to 36.6 per cent in FY08. Revenue from existing outlets dropped by more than 9.4 per cent for FY09 due to drop in number of customers and per head spending amidst the weak economic conditions.

It is proposing a final dividend of 0.35 cent per ordinary share.

 

First Half-Year Performance:


Revenue + 21%


Net Profit + 20%


http://souprestaurant.listedcompany.com/newsroom/20080730_171947_5KI_5AA794EAB8B6696F4825749600179E5E.1.pdf

 

 

As everyone know, thing is getting alittle more expensive and oso ever rising cost of operating  business here under such condition. U tink loh.

 

So far, V.good...just see more competitors coming, profit margine should be maintain...more or less.

teeth53      ( Date: 01-Jun-2007 10:18) Posted: This stock is going to be a forgotten stock for a while, till some mths later when they hit some good news to say we R venturing aboard...just my tot..

 

More or the same is coming ???........, i mean competitor of the different kind. not Kopitiam

 

I received the dividend...

 

Will the prices of the dishes increase??

 

any news?

any new restaurants opened? 

 

don´t forget, by higher revenues the net oprtating magin increased from 12% to 13%!

 

The results are great as expected.  There is S$11m in cash that the company will be able to use for expansion, and no debt at all.  It looks like there will be at least 2 new outlets this year, but probably more.  The margins are higher than any of the other listed restaurant and the DXE brand gives Soup even more growth opportunity.  I can't believe the valuation is so cheap (it's 8x PE and 4x EBITDA, even less if you exclude the cash).  It's time people start paying attention to Soup Restaurant!

 

what do you think about the results? no opinion?

 

revenue + 55%

profit + 46%

div-yield 4%

11 mio. S$ cash (42% of market capitalization)

no liabilities

p/e-ration07 = 8