Hosen    Last:0.048   -

Hosay for Hosen

Hosen Group Ltd  announced that the Company has increased its investments in the following 2 wholly-owned Singapore-incorporated subsidiaries: Health Domain Pte Lt—by subscribing for an additional 99,999 ordinary shares at an issue price of SGD1.00 in the share capital of Health Domain at a total consideration of SGD99,999, fully paid in cash—and Arenas Seafood Pte Ltd—by subscribing for an additional 499,999 ordinary shares at an issue price of SGD1.00 in the share capital of Arenas Seafood at a total consideration of SGD499,999, fully paid in cash....

 

/sgx./

 

/Invest   in Land and get a handsome return of 15%p.a. in 4 to 5 yrs.     
Look no further, where is it?         http://www.youtube.com/watch?v=kMOvjDJeOuQ       
PM me for details/

 

which mean?

 

 

SGX had given its in principle approval for the private placement of  up to 150 m shares at 0.138 cts and up to 150m consideration shares at an issue price of 0.35 to be issued as consideration for the acq of 100% interest in the share capital of MORE WINNER Investment Ltd, a China lottery Co. Good prospects for Hosen  now as it is entering the booming lottery market in China with this acq. Hosen rose from the dead henceforth. Vested.

 

Of course, luncheon meat is only one of the businesses. i think the new venture is related to gaming. How come everyone seems to be in the gaming businesses.

 

the new business no longer sells luncheon meat..

 

 

Hosen got massive sell down after hittiing 0.345. I think it is time for an uptrend.

Got some accumulation going at 0.13. Hopefully, can reach historical high.

The recent withdrawal of the Ma Lin Luncheon meat give boast to Highway luncheon meat which is one of the new baby of Hosen.

There is only 1 way to go - Up.

 

 

they have a solid presentation in ppt unlike lottvision or banjoo. the only risk involved is RTO risk not sure if sgx will give approval. but if spore is going to have 2 irs maybe they will approve this gambling stock?

 

Hosay.. price seems to be going up. Bought a few lots at 0.135

 

This is a good counter to catch if you have holding power. Lottis is a different counter from this because Lottvis is only allowed to operate in certain province in China.  This one has licensed and backing from the China Finance Ministry to operate in ALL of China. Its a nationwide scale, so u can't see it the same way as Lottvis.

The company uses machine to collect money, not human.  So no or much less theft cases involved, which is why the government favored this company and is granting them tax incentives.  The company's revenue will go up. China government sees this as a way to collect tax.  I went to Tianjin and tried out the bet.  Its cool.  If these machines comes to Singapore, i think our Singapore pool's revenue will grow many times.... because imagine u can bet anytime of the day throughout the day.  Its like horse racing, where u see results every half hour.

The company plans to put the machines throughout the province in bus stops, restaurants, hospitals, gardens, etc.  And this is a fraction of the cost of setting up a shop to sell bets.  The machine cost much less and its easier to maintain.  Overall this business has great reason to exists and it seems to target the younger generations as they are more willing to use the ATM than the older generations.

Once they have Tianjin covered, they will move on to the other bigger provinces.  So if you look longer term, hey this one looks good. 

Just look at how the management has been acquiring this counter since last year.  U think they guess or they have too much money to splurge?  The management's interest in their own shares over such a short period of time should be a good compass for this counter, irregardless of the current price.  I think this is a gem that the management wants to hide for now.

Some major announcement should be made soon and timing is critical when those news should be released. 

 

Hosey liao lah... stuck at this price for so long... seems like its bottoming at the current price level.

Hoping that next direction will be north for this counter

 

 

 

http://info.sgx.com/webcorannc.nsf/37e9d50ee377b2304825735f00233861/7cbaf634fbcb382d482573a00031f7df?OpenDocument

 

The price for this counter is going down, but there is always a hugh volume at the biding price (always much higher then asking volume) to buy in the shares.

I am guessing someone is pushing down the share price to collect it cheap or the someone is slowly dumping the his share.....slow killing... 

 

anyone got any news abt this company?

 

hope more ppl can see the potential in this stock :)

 

But when the stock was at .70, who would believe it will fall? ...

 

look at lottvis, now at 19cents from a high of 70+cents, beware of such china lottery deals!

 

The counter has a good upside underway, but has yet to test its 0.25 support.

 

If that is the case, how come the counter fell?

 

We all know Chinese love gambling. Hosen is definetely in the right industry.

1) China lottery market has grown expontentially at a sales CAGR of 55%

2) China may emerge to be the world?s 2nd largest lottery market after the US by 2010. China?s lottery market is projected to grow at CAGR of over 30% in the next few years. With government support, we expect to see more interesting games, expansion in distribution networks and increases in payouts. All these come to a single motive, to attract the public to play lottery rather than illegal gambling.

It is also ahead of its peers in terms of technology, given that it is the first and only patented cutting edge cashless lottery game terminals using local ATM bank cards (stringent tests passed by relevant authorities including Peoples Bank of China-Central Bank). Definetely a step towards promoting automation and digitalization of the industry.

The advantages of cashesless sytems allows

1)24hrs operation as compared to the traditional lottery  kiosk

2)Less risk for customers as they do not have to carry cash

3)Auto debit of lottey payment and auto crediting of winners to customers bank cards

4)Reduces operational and settlemetn risks  with cashless settlements

5)Reduce fraud incidents should one buy from a traditional lottery kiosk

6)Wider geographical coverage and also effectively tackles illegal gambling

7)Data mining and analysis of customer informationover the past 19 years. Since the issuance of the first Welfare Lottery in 1987, lottery sales has surged at a CAGR of over 55% from RMB0.017bn to RMB81.93bn in 2006.