I think this counter if listed 4 5 years ago, bagus! Sekarang ini dah banyak products sama macam body shops. Guardian ada Watson ada. Cheaper pulak tu.
Anak ku masa mula2 kerja beli products Body Shop, perfume la, makeup la, kira class gitu, all natural, but now products yang sama concept natural macam itu dah berlambak dijual kat GUARDIAN dan WATSON. Ku setuju payah kaunter ini nak naik. Kalau listed 4 5 tahun sudah lain cerita.
In nature need to compete and sustain with their product.. They listing to cover certain thing eapecially term loan recovery and liability of the asset.. And operation which need higher cost now.
Paid themselves a huge dividend in 2018 resulting in a third of their book value to decrease. Why do they need IPO proceeds? Sounds like they are cashing out and kicking the risk for the public to fund their next venture. Are they not confident in their own organic growth?
Next generation stewardship of the company is very questionable as the sons, Daryl and Dexter are more interested in appearing in Tatler and running their cyber cafe Virtual Reality pet projects.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
enigmatic ¯\_(ツ)_/¯
920 posts
Posted by enigmatic ¯\_(ツ)_/¯ > 2020-01-30 20:27 | Report Abuse
No one's interested in this upcoming IPO?