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The 1H report will unveil the progress on the new Valore initiatives...
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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
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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
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“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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1H2014 released and down down we go. Perhaps it has already reached the pinnacle of its growth?
Time to roll!!!
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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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08-08-2014, 02:24 PM
(This post was last modified: 08-08-2014, 02:31 PM by InvestArk.)
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.
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seems like my market is a different animal