Straco -- gem?

1668
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10 years 7 months ago #16304 by 1668

Replied by 1668 on topic Straco -- gem?

The next big thing for this is supposed to be the attraction near xian - chao yuan ge to showcase tang dynasty treasures. The site is near straco cable car and next to a tourist attraction at li shan. Suppose to be ready in 2015, I recall. Anyone going to xian or been there recently can advise if they see construction?

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yeng
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10 years 7 months ago #16454 by yeng

Replied by yeng on topic Straco -- gem?

Fidelity has become a subst. shareholder of SINO GRANDNESS & DUKANG DISTILLERS recently. I would not be surprised if Fidelity also emerges as a subst. shareholder of an even more wonderful business, STRACO. Let's watch....

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yeng
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10 years 7 months ago - 10 years 7 months ago #16487 by yeng

Replied by yeng on topic Straco -- gem?

The no. of people visiting Shanghai Ocean Aquarium & Xiamen Underwater World continued to rise in 1H2013. The wonderful profitability of this business can be seen, once again, in this way:

Sales : S$27,691.

Pre-tax profit was a whopping S$19.0 million.

The margin was just so good. The pre-tax profit included a depreciation charge on its assets of $2.0 million. Depreciation is, of course, an accounting non-cash item. Take that out, and you can see even more clearly how profitable the business is.

The cash on its balance sheet is S$100 million. It makes up more than 1/3 of its market cap (now S$291 m)

Last edit: 10 years 7 months ago by yeng.

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yeng
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10 years 6 months ago #16510 by yeng

Replied by yeng on topic Straco -- gem?

Some people are queueing at 35 cents to buy 115,000 shares!

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pine
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10 years 6 months ago #16661 by pine

Replied by pine on topic Straco -- gem?

1668 wrote: The next big thing for this is supposed to be the attraction near xian - chao yuan ge to showcase tang dynasty treasures. The site is near straco cable car and next to a tourist attraction at li shan. Suppose to be ready in 2015, I recall. Anyone going to xian or been there recently can advise if they see construction?

Chao Yan Ge is a project to look forward to. Its completion is reported to be around 2015/2016 and its visitors will have to take Straco's cable car operations to reach the site. Double earnings for Straco: pay for cable car ride and pay to enter Chao Yan Ge.

The share price today has kissed the 36-cent level. Has it ever gone to this level? Probably no.

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Dongdaemun
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10 years 6 months ago #16696 by Dongdaemun

Replied by Dongdaemun on topic Straco -- gem?

No, Straco has never hit this 36-cent level. Record high!
This can be the result of regular accumulation by fund manager/managers looking for exposure to China's huge domestic tourism trend.

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