Straco -- gem?

lotustpsll
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Elite Member

9 years 4 months ago #21426 by lotustpsll

Replied by lotustpsll on topic Straco -- gem?

Price was held down by selling from a non executive director and I believe he has disposed his entire holding.

Should expect price to trend upwards.

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Dongdaemun
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9 years 4 months ago #21438 by Dongdaemun

Replied by Dongdaemun on topic Straco -- gem?

Can ignore the selling by this non-exec Fu Xuezhang. Always exercise options then sell.

Even when it was 25.5 cents, he sold 200K shares. U can calculate how much he left on the table ... from 25.5 cents go up to 76 cents now. hahaha....

www.nextinsight.net/index.php/story-arch...buying-serial-system

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Joes
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9 years 3 months ago #21452 by Joes

Replied by Joes on topic Straco -- gem?

@76.5 cents, a sizzling performance this year. Lessons learnt -- buy a business with ....

#1 strong free cash flow! Cash is everything and Straco collects cash from its customers who walk into the aquariums or take its cable car.

#2 earnings growth ]! Straco's aquariums keep attracting more and more visitors because of their locations. Not all aquariums do well or grow their earnings -- I have visited a few that are just so-so.

Will Straco do even better in 2015? The aquarium biz will grow, the big story is the Singapore Flyer. Investor expectations are not high -- mine too. My thoughts are that Straco would not have bought it if it weren't going to be a winner. :lol:

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Rock
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9 years 3 months ago - 9 years 3 months ago #21506 by Rock

Replied by Rock on topic Straco -- gem?

Straco next lap to power will likely comes from 4th quarter result in late febuary. The reasons are:

*** Straco 9 months profit is already 98% of FY 2013 net profit.

*** Strong RMB during the 4th quarter. During the 3 months of 4th Quarter it was about 4.7 RMB one S$ as compare to 2nd Quarter it was about 4.9 RMB to one S$.

*** Straco will continue to increase its top and bottom lines.

*** Increase dividend pay-out and in the pass few years.

*** Management will likely to unfold its plan for The Singapore Flyer

The above reasons will be the catalyst for Straco share price increase. As regard to The Singapore Flyer, I believe Straco the new owner of The Singapore Flyer will succeed in turning it to profitable venture. The Singapore Flyer is a rare catch for Straco which will raise the company porfile. It would provide further earnings momentum and reduce concentration risk of it's operation in China.

Last edit: 9 years 3 months ago by Rock. Reason: correction

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min1xyz
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9 years 3 months ago - 9 years 3 months ago #21553 by min1xyz

Replied by min1xyz on topic Straco -- gem?

Sharing pix from our visit to Shanghai Ocean Aquarium. This aquarium and another one in Xiamen are the key contributors to Straco's earnings.

In 9M2014, on revenue of SGD73 m, Straco earned SGD34 m net profit. Net margin thus = 46%. Free cash flow was SGD32.5 m.

Last edit: 9 years 3 months ago by min1xyz.

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sykn
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9 years 3 months ago - 9 years 3 months ago #21555 by sykn

Replied by sykn on topic Straco -- gem?

Wah, looks pretty cool! I will visit it the next time I'm in Shanghai. Looking forward to see the coming results for FY14. (Vested)

admin2 wrote: Sharing pix from our visit to Shanghai Ocean Aquarium. This aquarium and another one in Xiamen are the key contributors to Straco's earnings.

In 9M2014, on revenue of SGD73 m, Straco earned SGD34 m net profit. Net margin thus = 46%. Free cash flow was SGD32.5 m.

Last edit: 9 years 3 months ago by min1xyz.

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