Challenger Technologies

Felix Leong wrote a motivated piece on Challenger and posted it on NextInsight…..
http://www.nextinsight.net/index.php/sto...chnologies

Obviously, the writer is a serious value investor for the longer term, and has aced it in this investment!

(25-06-2014, 07:41 AM)dydx Wrote: the writer is a serious value investor for the longer term, and has aced it in this investment!

Yes, he called himself a Gambler aka when he saw a A or AA, he will stake big!
I like it!

Love Compassion



Earth day - save the world everyday.

The 1H report will unveil the progress on the new Valore initiatives...

(vested)

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The Board of Directors of Challenger Technologies Limited (the “Company”), and together with its Subsidiaries,
(the “Group”) wishes to inform that the Company will be releasing the financial results of the Company and of
the Group for the second quarter ended 30 June 2014 on 7 August 2014, after trading hours.

http://infopub.sgx.com/FileOpen/Challeng...eID=306515

I don't know is challenger's inability to hire Singaporean staff or what. If you walk in to the store in tampines one. Everyone I see or spoke to is Malaysian. And it's not as crowded as it was last time maybe because there is 3 challenger/valore stores in tampines


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New store in the newly opened Seletar Mall, by end of the year

http://infopub.sgx.com/FileOpen/20140801...eID=307861

(vested)

1H2014 released and down down we go. Perhaps it has already reached the pinnacle of its growth?

(07-08-2014, 10:37 PM)Bubbachuck Wrote: 1H2014 released and down down we go. Perhaps it has already reached the pinnacle of its growth?

Dont worry la. ValueMaster will support it at 50cts.

They did everything they could and the results still drop so much. Nothing much they can do further in the stores I believe. Now roll on to the 3rd quarter. I believe we will see the real plunge in sales


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Margins went up due to better product mix(valore) however was offset by closure of the Malaysia business (loss 1.3mil). This 1.3million should be a one off item for 1H2014 since management mentioned that they have fully exited the Msia sector. Ceteris paribus , PBT should be at the 9million region for 1h2014 despite lower revenue registered. Expenses are well managed. Catalyst includes new lease in the upcoming seletar mall while interim dividend has been maintained at 1.1 cents.

seems like my market is a different animal