
this book has been hyping the stock since day1, wonder what is the outcome now???
http://www.wallstraits.com/books/bookreview.asp?bookcode=ProfSagePerfect
Professor Sage: Building The Perfect Portfolio
How Intelligent Investors Build a Perfect Portfolio
While it is good to establish presence in most of the retail mall in SG, I think 1 has to look at the cost structure as well.
Given the increasing rental, at times it does not make much monetary sense to open so many outlets to increase the expense or cost of sales whereas the sales are not moving. This will lead to dilution of margin. There is also an increase in competition which make it even more competitive in this industry...Having faith in the boss is one thing but the P&L reflect it all...

He holds more than that. U must look at direct and deemed interest as shown above.
who say rs holding 52.45%, fm ar2006, 13.7% only. now pple throwing at 70, let see it go down to <70
TOP TWENTY SHAREHOLDERS NO. OF SHARES %
CITIBANK NOMINEES S?PORE PTE LTD 173,422,691 32.01
RON SIM CHYE HOCK 74,207,938 13.70
DBS NOMINEES PTE LTD 56,135,418 10.36
HSBC (SINGAPORE) NOMINEES PTE LTD 55,596,317 10.26
RAFFLES NOMINEES PTE LTD 23,513,357 4.34
DBSN SERVICES PTE LTD 23,342,703 4.31
DB NOMINEES (S) PTE LTD 13,260,000 2.45
ARANDA INVESTMENTS PTE LTD 12,000,000 2.22
MORGAN STANLEY ASIA (S?PORE) SECURITIES PTE LTD 11,726,600 2.16
CENTURY PRIVATE EQUITY HOLDINGS (S) PTE LTD 11,700,000 2.16
TEO SWAY HEONG 4,059,448 0.75
TAY SIM KIM 3,621,800 0.67
UNITED OVERSEAS BANK NOMINEES PTE LTD 3,435,230 0.63
HSIEH WEN-HSU OR YANG PAO-FENG 3,413,560 0.63
OCBC SECURITIES PRIVATE LTD 2,877,620 0.53
FAMILY CO. LTD. 2,696,400 0.50
PHILLIP SECURITIES PTE LTD 2,566,863 0.47
CHOU JEN CHUNG 2,250,000 0.42
ORIENTAL EXPORT & IMPORT CO LTD 2,070,000 0.38
HL BAN K NOMINEES (S) PTE LTD 1,939,360 0.36
TOTAL 483,835,305 89.31
Why Ron Sim holding 52.45% did not do the general offer..........already cross the 30% marks.

Mr Ron purchased 500 lots at 0.74 , and 500 lots at 0.722 last week, that add up to be SGD 73K, one nice condo, heee.. now shareholding is 52.45%, he is rich with OSIM stocks though.. (he should let go some at 2 sth mah..).. well only a paper loss for him..
price now is 0.71 ,not vested yet.
Will OSIM be able to recover by the end of the year?
I don't like Oto chairs.... look quite plastic and flimsy. Osim chairs look better.
But when I sit in the chairs, I can't tell any difference.... still feel the same shiok-ness.... hahahaha...
Certainly 1 shop cannot be a representation about all stores. I've asked one, but observed many others. Btw, I'm in the retail business, dissimilar but familiar with Osim's type of business, so such observations are usually not casual.