Straco -- gem?

BNN
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10 years 8 months ago #15627 by BNN

Replied by BNN on topic Straco -- gem?

Straco shares at 34 cents! 2nd day of accumulation by discerning investors after the marvellous 2Q results.

The business is absolutely beautiful for generating copious amounts of cash. Its operating costs are steady even when more and more visitors descend on the aquariums. And that's how you get higher and higher profit margins.

China's domestic tourism is booming, don't forget. This is what drives hordes of tourists to visit Straco's aquariums in Shanghai & Xiamen for the first time in their lives.

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Mel
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10 years 8 months ago #15699 by Mel

Replied by Mel on topic Straco -- gem?

Kevin Scully also luvs Straco.

Dividend yield stocks are not supposed to provide captial gains but Straco has given both, ie a 29.4% capital gain since my first recommendation and remains a decent yield stock.

www.nracapital.com/Research/KevinBlog/740

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Rock
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10 years 8 months ago #15759 by Rock

Replied by Rock on topic Straco -- gem?

Straco yesterday slipped by 5.9% to S$0.32. The company is the owner and operator of marine theme parks and cable car services in China and can be regarded as a play on the tourism sector in the country. It released its second quarter results two weeks ago and reported healthy double digit growth in both sales and profit. For the first six months of 2013, Straco’s sales increased by 21% year-on-year to S$27.7m while profit jumped 71% to S$13.7m.

In the earnings release, Straco’s management stated that they’ve been seeing positive policies from the Chinese government in terms of boosting both international as well as domestic tourism growth, which augurs well for the company.

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BNN
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10 years 8 months ago #15811 by BNN

Replied by BNN on topic Straco -- gem?

What do visitors say about Straco's Shanghai Ocean Aquarium?

I was impressed by their comments in : www.tripadvisor.com.sg/Attraction_Review...uarium-Shanghai.html

Of course, there were negative remarks too. Can't please everyone.

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Rich
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10 years 8 months ago #15837 by Rich

Replied by Rich on topic Straco -- gem?

Straco eased 0.5 cent only today.

It is proven to be v strong in defence but not yet strong in attack!

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Mel
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10 years 8 months ago - 10 years 8 months ago #15998 by Mel

Replied by Mel on topic Straco -- gem?

Accumulation going on around 34 cents. Poised for breakthrough to 40 cents. Just wait & see....

Shanghai Ocean Aquarium typically enjoys the highest visitorship in 3Q.

Last edit: 10 years 8 months ago by Mel.

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