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skyskysky

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IPO at 28cts consider ex. need more year to prove to the mkt.
if want to buy rather get Jumbo. earning and growth consider good and steady!
FY results going to announce soon.:)
 

Perisher

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Post wrong thread.

Should be this one not bad net profit margin. :s12:
 

Average

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not pressing. look at the shady biz of their franchise store, refer to mr ipo post.
 

Average

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rev stagnant but margin improve... could be due to dropping patrons but price hikes
 

sciprof

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most proceeds use for their beer business leh not their core business and the mattar rd restaurant is a francise! Very shocking if you read the prospectus properly, $12k paid for francise fee then give back $12k for using their space. So is basically using the brand for free. The restaurant at mattar is the most profitable, seems like the owners don't want to let the company earn.
 
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Erwinlow

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most proceeds use for their beer business leh not their core business and the mattar rd restaurant is a francise! Very shocking if you read the prospectus properly, $12k paid for francise fee then give back $12k for using their space. So is basically using the brand for free. The restaurant at mattar is the most profitable, seems like the owners don't want to let the company earn.
i don't think that's the case. the mattar road branch is owned by the brother/sister? so i'm guessing it's more of a family issue that's why they've not incorporated that branch into the business. it has always been this way for a long time now. so the 12k-12k makes sense even though the main owners are not getting anything out of it
 
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