LifeBrandz   

LIFEBRANDZ LTD.

They have thrown away the health products business.

 

i am just afraid of the health products that may bring the image of the company down, just one lousy launch or a maybe some health scare may just bring the confidence down, which is why i am holding back against investing in this company

 

Lifebrandz's forte is more on clubbing biz than its health products.. Pubs such as its MOS is doing well.... If it can continue to post good quarter/half year results, pp will have more confidence in lifebrandz turnaround strategy and drive up the price.. Unless u are very confident in its pubbing biz, its better to adopt a wait and see approach..

 

Lifebrandz will strongly benefit from the large no.s of tourists due to IRs. And with the future acquisition of 9 shanghai clubs pubs and the buddha bar in macau, the prospects are good for lifebrandz.

 

dun think much of pubbing biz leh, like very high competition... same goes for health products. any cat and dog can introduce something call it health product...

 

 

so thats supposed to be a good thing huh?

 

The Board of Directors of Lifebrandz Ltd. (the "Company") wishes to announce that the Company has subscribed for MOP24,000 in the capital of Tribeca Leisure (Macau) Limited ("Tribeca Macau"). The authorised share capital of Tribeca Macau is MOP25,000.

Tribeca Macau is set up to be principally engaged in restaurant, dance club, bar and pub.

Mr Kenneth Goh Tzu Seoh and Mr Clement Lee Shieh-Peen are nominated as directors of Tribeca Macau.

The above investment was funded through internal resources and is not expected to have any material impact on the earnings per share and the net tangible assets per share of the Company for the most recently completed financial year.

None of the Directors or substantial shareholders of the Company has any interest, direct or indirect in the above investment.

 

Imagine the stock rising just to 50cents in 5years,it would already be 300% in 5years!that's the beauty of small caps.With rising tourist numbers, this stock is sure to rock! 

 

I will take this share as one of IR or F1 concept share, but holding for a long term. When the IR ready or if F1 come to Singapore, it definitely will bring millions of visitor, it will have great impact for night-club business too.

 

Singapore, 17 April 2007? LifeBrandz, a leading brand developer and manager in the lifestyle and entertainment sector, today announced that it has signed a Memorandum of Understanding to acquire Shanghai-based PRC Companies Shanghai Malone?s American Café Co Ltd, Shanghai La Belle Restaurant Management Co Ltd, Shanghai MBox Co Ltd; and Shanghai Meng Yu Restaurant Management Co Ltd. This announcement marks the next step in LifeBrandz?s Greater China expansion plans, and follows closely after it announced plans to launch Buddha-bar in The Venetian Macao. This acquisition will add approximately 88,000 sq ft to LifeBrandz?s entertainment real estate, bringing LifeBrandz?s total entertainment space to over 240,000 sq ft (including the opening of Buddha-bar) by year-end. The PRC Companies is owned by a group of entrepreneurs including Singaporeans Yee Fook Khong and Gerald Ho Shih Kwong and operates several notable and wellestablished branded entertainment names in Shanghai, including the American-themed Malone pub and restaurant, the uber-chic Mint club, the lounge concept Maneo restaurant, ?live? music café M-Box, and the newly launched Pier One, an exciting onestop entertainment and hospitality development spanning approximately 48,000 sq ft. Pier One accommodates hip and trendy F&B outlets such as the rooftop Monsoon Bar, restaurants Mimosa Supperclub and Mimosa Private Dining. In this new partnership, LifeBrandz will be able to leverage on vendors with proven local market expertise as each brings with him over 15 years? experience in the dining and entertainment industries in China to further grow the acquired brands and potentially establish the Company?s brands in other gateway cities in China. Mr. Clement Lee, Executive Director of LifeBrandz said, ?This acquisition represents the next logical progression in our growth plans, adding to Buddha-bar which opens in The Venetian Macao later this year. We will continue to cement strategic and synergetic ties to drive revenues at our establishment, and look forward to organising exciting entertainment concepts across our venues in Singapore, Macao and now Shanghai.? LifeBrandz also believes that Shanghai?s already vibrant growth prospects and increasing affluence will get a further boost from upcoming global events such as the 2008 Beijing Olympics and the 2010 World Expo in Shanghai. ?Shanghai, with its large expatriate community with high levels of disposable income, as well as an increasingly affluent local population, is experiencing an increased appetite for branded dining and entertainment options of international standards,? adds Mr. Lee. ?LifeBrandz will continue to cater to emerging market needs by focusing on our core competency - identifying established, global brand names, and adapting and localising these brands to suit the local market, as well as by leveraging on the expertise of proven local partners to maximise returns to shareholders.?

 

LifeBrandz, which operates bars and clubs such as Ministry of Sound, said it expects to return to profit this year now that it has sold its beauty business. LifeBrandz, which used to sell slimming pills, is betting on Singapore's push to become one of the top destinations in Southeast Asia for clubs, bars and other forms of entertainment. The firm, which brought in brands such as the recently launched Spanish bar Cafe Del Mar and Paris based Fashion TV's Fashion Bar, is "very bullish on turning positive" for the 2007 financial year, according to Executive Director Clement Lee.

"At least we've stopped the losses and are able to look forward to a better '07, '08 and '09," said Lee, who will take over from co-founder Michael Wong as CEO in April. He declined to give specific figures. In July 2006, the firm sold its beauty products business and switched its focus to nightclubs and restaurants as Singapore decided to turn itself into the "Las Vegas of the East," Lee said.

In my opinion, S'pore will never be the "Las Vegas of the East". They have their strip and nude clubs.

The firm pays for licences to operate bars and dance clubs. The two planned casinos, which are expected to cost up to US$6.6 billion and to open by 2010, will fuel demand for LifeBrandz's bars and nightclubs, Lee said. Singapore has been trying to create a more vibrant nightlife in the past couple of years as it wants to attract more tourists to keep the economy humming.

LifeBrandz's stock is one of the best performers in the All Singapore Index, up 123% in the past three months. "When a society matures and becomes more affluent, the value of these firms go up. This stock will appeal to younger investors," said a dealer with a local brokerage. Even so, the stock is still below its $0.20 IPO price.

Lee dismissed concerns that with a population of 4.5 million, S'pore is too small to sustain a booming nightlife scene. "In the lifestyle industry, everybody is fickle-minded, because there is choice," Lee said. "It's all a matter of how you revive and put in new elements into the brand."

The Ministry of Sound -- which operates just a few blocks away from where Eng Wah held its Crazy Horse show -- has been able to consistently maintain crowds of at least 80,000 customers a month, Lee said. LifeBrandz also plans to expand into "fast-growing markets" like Beijing, Shanghai and Macau, bringing in more European brands of nightclubs and restaurants within the next two years, Lee said. He declined to give investment targets. "We're looking at different  opportunities and we're talking to different people," Lee said. "When we find a right project and it's something that we're comfortable with that would yield exponential growth, then we'll decide to invest."

Its closest rival, Harry's Bar -- the bar made famous by Barings rogue trader Nick Leeson -- listed in February on a small market called OTC Capital.

 

If her method proved to be successful, why need to bother her with other things?

 

Patricia, check highest vol and tikam tikam, definitely highly risky and not the way to do it. When I first started out, I did exactly that too and ended up with more losses than gains!!. You want to pick up on some TA analysis knowhow, it helps a lot in picking stocks. Good luck.

 

Thanks Sohguanh for your valuable comment.

I think you are right - price will not fluctuate much in short period of time..

Anyone read the book - "The winning Investment Habits of Warren Buffett & George Soros" by Mark Tier?  

Anyone apply the rules with possitive result?

 

Based on SpRe dividend payout and current share price, it seems ok but then it is more for pure dividend play than capital gain stocks.

 

No lah - check the highest volume and tikam tikam lah!

Very lucky this time - Many time not lucky.

Looking at Singapore R Insurance - for long term, any comment?

 

Contra player tactics ms/mr patricia? Got any insider info to make a 100 lots buy in on Friday? :P

 

Thanks guys - Just to share

Cash out this morning @ 0.165 100 Lots

Brought on Friday before Trading Halt- @.13

 

 

Need to cover the gap before move, so will queue at 0.15.

 

LIFEBRANDZ LTD. Proposed Disposal Of Subsidiaries

http://www.listedcompany.com/ir/lifebrandz/newsroom/newsroom.cgi?action=view_news&id=64