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bought 100 lots at $0.47 in Feb 2010...and saw the price up... up.want to take profit . any comment. thks
TCM is bEttEr than Western Medical?
el7888 ( Date: 28-Aug-2009 06:19) Posted:
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bought 50 lots at $0.47 on 23-2-10 and saw the price up... up.. any good news for this counter. thks.
bought 50 lots at $0.47 on 23-2-10 and saw the price up... up.. any good news for this counter. thks.
Eu Yan Sang is a very traditional family business and is passed down from generation to generation.
It is performing well ; but not really outstanding. The CEO, Mr Richard Eu would like to see EYS be a leading TCM Company either thru acquisition, merger or even sale in the future.
Good healthy company to hold on to for the longer term. Cheers!
| Updated: 27th August 2009, 1822 hrs |
| Eu Yan Sang's full year profit up 164% |
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Singapore-listed traditional Chinese medicine firm Eu Yan Sang says its full year net earnings surged 164 percent to 13 million dollars. The higher net profit was a result of the absence of one-off losses it recorded in the previous year due to discontinued operations. Revenue for the financial year ended June rose 7 percent to 223 million dollars. The company says despite the recession, its retail segment remained strong. But revenue at its wholesale fell 1 percent due to the delay in exports to China owing to a license renewal issue. Looking ahead, Eu Yan Sang says although credit conditions have improved in the last two quarters, economic activities and retail statistics in its core markets remain weak. The company will continue to seek growth opportunities balanced with prudent management. It expects to remain profitable in the 2010 financial year barring unforeseen circumstances |
EYS has fall off slightly due to the thailand incidents, but things will change for the better....
Currently, seems there are few investors looking at these field / sector due to its conservative nature. Would like to know what's everyone view.