
at this type of market sentiment, it better to rent than sell massage chair. many investor need massage for all the stress they experience.
heading towards 50cents.....
Only 60cts liao, even Mr Ron is not going in for more purchases...

Have to lah. The number of threads will denote the number of OSIM stores in SG. *hehe~
Wow! Now we have 3 threads on Osim with the same title.
Do your homework.......sentiment is turning across the board. Another Great Singapore Sale????
True. Neither should one buy or sell based on what others in the forum say as they may also have their own agenda. Buy or sell based on your own means, research and more importantly your own gut feeling.
hi SJ mates,
Remember not to blindly follow the brokerage houses' calls, even though they may be from powerful foreign houses. There might always be a possibility of hidden agenda behind their calls. Do remember to read their disclaimer to check for any direct or indirect interest as stated by them. It'd probably in your interest to check for any stakes in it if you have the time.
Personally, i dont understand why their citing a buy call on a lose-making company. I have read the other OSIM thread. It seems that one of our SJ mates had the opportunity the visit a brookstone outlet. What you see is what you get. Rem that nothing beats a personal visit to companies involved in retail outlets. Hope you guys will be able to discern.
hi zhuge_liang
maybe they didnt realise we already had one when they started out another thread on the same topic. I am also blur blur sometimes. Dont get too bothered by it. I am sure you have greater things for your attention! Continue to make money through the market and your own personal work!
Cheers!
osim will need to write off quite a no. of inventory soon.. just imagine the no. of free osim chairs at the malls for the aunties and kids to test.. hope that sells.
Just noticed that somebody started another thread on the same topic. Don't understand. Do they just want a thread in their name?
Another brand Osante, smthing like that, came on TV last nite, that can even locate for you the massage points... dear OSIM
From Phillips Securities reported that:
OSIM International Ltd
announced its second quarter results for 2Q07. It made a loss of S$1.5 mln. Its sales decreased 25% to S$137 mln.
Rising on Goldman Sachs initial coverage with a 12-month price target of $1.20, citing attractive valuations.
Will wait till 100 days Ma cross 50 days Ma then consider. Market is fragile.
I think I will die sitting on this OSIM chair when mkt opens tomorrow. When Mediacorps interview him about earning in tonight's news, his face also don't have cheers. I am just a small investor, but he is. He just bought in a lot of his own shares last month right!
Massage chairs in cars??!
Wonder what LTA will say about this... haha
Hi Singaporegal,
Osim should work with Daimler Benz, BMW or Toyata to retrofit plush massaage chairs in their cars. They ought to consider cobranding and find other means of driving value. Ron are you listening?
ok lah, i also agree with your points, massage chair at home nobody can see so nothing can show off.
maybe if Osim can have massage chairs that come with very good features, e.g. effective curing of backache, etc then it can stand out from its competitors.
Hi erickoh888,
IMHO, I don't think branding is that important to Singaporeans when it comes to massage chairs. Unlike cars, which strokes the pride and ego of people, massage equipment don't really do that.
I agree much with Eastonbay... :)
Another instance...
Calling a special laptop a "Ferrari" doesn't make any more prestigious than say a Sony Viao or a Mac... I'll take the Viao anytime!