KIMLY SHARES GAINED +14% YTD! 💥 Find Out How This Stock Pays Consistent Dividends!
Автор: Josh Tan - TheAstuteParent
Загружено: 2020-10-16
Просмотров: 5480
Описание:
KIMLY could be the KING of coffeeshops in Singapore as one of the largest chains.
As at 30 June 2019, they have a 96% occupancy rate over a total of over 500 stalls within the 67 food outlets under management.
The IPO price was 25c but first day it reached 55c.
YTD, kimly shares are up +14%. However, it had been declining for years before that as profit for the company had been sliding since 2016.
#KIMLY had a previous scandal that dragged down it's reputation
It was a $16m purchased of Asian Story Corporation which worked with POKKA.
Profit for the company had been sliding since 2016.
Share price for kimly has also declined.
To understand their two core business segments
1) Outlet management
This is mainly coffeeshop management.
Profit has been around 9% all these years
2) Food Retail
This is own stalls as well as RIVE GAUCHE and TONKICHI restaurants.
KIMLY has been paying dividends consistently and yields now about 3-4%. May be one of the better #smallcapstocks #dividendsharesg
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We do not make any recommendations on whether a security is a buy/sell as every investor has different investment goals and risk profiles. The presentation of ideas from Josh Tan and TheAstuteParent are strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material. Some of the referral links in the video summary are products and services personally used by Josh Tan and they may pay an affiliate commission or referral bonus. It is not an endorsement of the product unless explicitly stated and we will not be liable for any losses. The content in this video and any promotions mentioned is accurate as of the posting date.
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About Josh Tan:
Josh holds a degree in Accounting from NTU.
In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips to help you kickstart your journey towards financial freedom.
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