Post Reply
121-132 of 132
victorian, please continue to buy to boast the share up, now downhill already
hi, i saw that FJ is having CD ... or issit CA ?
When will the coy announce the dividends ?
Hi victorian
What px do u think FJ is heading?
hi,
I am also tracking this counter. Can some1 kindly share when is the ex-div ?
seller @64, 91 lots, more sellers???
Thks vic for the quick reply. Presumably you will buy up more as the price heads down? Thats probably what I will do since this couter is so solid.
Got to read more of your analysis on this counter. Thanks a million! All the best.
Hi Victorian, I just joined this forum and bought into this counter yesterday at 64 cents because I am impressed by your very detailed analysis on it. The price seems to stay flat most of yesterday. Guess it is due to the limited share volume as you have pointed out. What I am interested to know is whether the price will move down after dividend distribution. Can you give your educated take on it? Thanks so much.
I invested in this stock since 2003.
The good thing about FJ is that it offers you annual $8 ang pow in the form of food voucher.
And it consistently issue dividence.
Further more, it manages its food court effectively and effiiciently. Especially, it constantly change location if profit is not achieved.
victorian,
Good research! I think you must be doing this such research as part of your career otherwise you must be very free lor...hehe! Really appreciate your work for uncovering these hidden gems and hope you will continue to dig them out one by one...:-)) Btw, I'm too lazy to read your long story...I only know how to buy when no one is buying and sell when everyone is buying.
Actually I worry for their China investment. Look at Thai Village and what China did to them.
Good analysis. I am heavily vested.
Just to add. Their business model is so good that the entire company can be negatively geared. This is because they hold prepayments from their tenants in excess of what they have to pay the main landlord. Effectively, they have negative gearing and hence can expand without needing more capital. The bottle neck is to find suitable locations.
This is where their recent shareholding change comes in which is due to an investment by Lippo and since then:
"The Company is pleased to announce the acceptance of a Letter of Offer from PT Lippo Karawaci Tbk ("Lippo Karawaci"), to operate a food court at their Universitas Pelita Harapan ("the Premises") located in Lippo Karawaci, Tangerang (Jakarta, Indonesia) ("the Lease").
The Company will incorporate a 100% owned subsidiary through its wholly owned subsidiaries in Singapore, to manage and operate this food court and some food and beverage stalls. The food court has a floor area of approximately 4,095 sq m and the Company expects the food court to be opened for business in the third quarter of 2006.
The investment is not expected to have any material financial impact on the Group's earnings per share or net tangible assets per share for the financial year ending 30 September 2006.
Auric Pacific Group Limited ("APGL"), through its wholly owned subsidiary, APG Strategic Investment Pte Ltd, holds 29.8965% of the total issued shares in the Company. APGL has two board representatives in the Company, namely Dr Ronnie Tan and Mr Vincent Ong, both Non-executive Directors. Dr Ronnie Tan is also a member of the Company's Audit Committee. Lippo Group owns 49.28% of APGL and also has control over Lippo Karawaci.
The Group has been invited to expand its business operations into Indonesia over the last few years. The Management had exercised prudence and caution, and delayed its entry into Indonesia due to the lack of suitable opportunities. Now, with Lippo Group's connections and networks in Indonesia, and the offer from Lippo Karawaci to operate a food court in Jakarta, the Management is of the view that it is the opportune time to venture into Indonesia. This is also in line with the Group's plan to expand into the region."
Just to add. Their business model is so good that the entire company can be negatively geared. This is because they hold prepayments from their tenants in excess of what they have to pay the main landlord. Effectively, they have negative gearing and hence can expand without needing more capital. The bottle neck is to find suitable locations.
This is where their recent shareholding change comes in which is due to an investment by Lippo and since then:
"The Company is pleased to announce the acceptance of a Letter of Offer from PT Lippo Karawaci Tbk ("Lippo Karawaci"), to operate a food court at their Universitas Pelita Harapan ("the Premises") located in Lippo Karawaci, Tangerang (Jakarta, Indonesia) ("the Lease").
The Company will incorporate a 100% owned subsidiary through its wholly owned subsidiaries in Singapore, to manage and operate this food court and some food and beverage stalls. The food court has a floor area of approximately 4,095 sq m and the Company expects the food court to be opened for business in the third quarter of 2006.
The investment is not expected to have any material financial impact on the Group's earnings per share or net tangible assets per share for the financial year ending 30 September 2006.
Auric Pacific Group Limited ("APGL"), through its wholly owned subsidiary, APG Strategic Investment Pte Ltd, holds 29.8965% of the total issued shares in the Company. APGL has two board representatives in the Company, namely Dr Ronnie Tan and Mr Vincent Ong, both Non-executive Directors. Dr Ronnie Tan is also a member of the Company's Audit Committee. Lippo Group owns 49.28% of APGL and also has control over Lippo Karawaci.
The Group has been invited to expand its business operations into Indonesia over the last few years. The Management had exercised prudence and caution, and delayed its entry into Indonesia due to the lack of suitable opportunities. Now, with Lippo Group's connections and networks in Indonesia, and the offer from Lippo Karawaci to operate a food court in Jakarta, the Management is of the view that it is the opportune time to venture into Indonesia. This is also in line with the Group's plan to expand into the region."
Fundamentals is one thing but market sentiment is another. FJ has been trading around the range of 60 - 70 cents for past few years. Wonder will it actually surge and break the 70 cents barrier?
Could this be due to excessive dividend payout each year hence causing the share price to only remain along that level?
Could this be due to excessive dividend payout each year hence causing the share price to only remain along that level?