Challenger Technologies

[felixleong]

wow, pianist. How many years have you held on to your challenger shares?

I have held my for 3 years liao, think yours much longer, nice man ^^

[pianist]

wow, pianist. How many years have you held on to your challenger shares?
I have held my for 3 years liao, think yours much longer, nice man ^^

hi felix, i bought mine at 0.16-0.22 back in 08/09
for this counter, if u hold long enough without selling anything, i bet yr net exposue will also go down to zero just like mine..

[CityFarmer]

wow, pianist. How many years have you held on to your challenger shares?

I have held my for 3 years liao, think yours much longer, nice man ^^

IPO price is $0.133, adjusted for bonus issue in 2011.

The price never go lower than $0.11 even during 2009, so i assume the exposure is ex total dividends collected, and adjusted for bonus issue?

[Kelvin]

creeping up nicely.......

[tanjeremy]

Recently I went to Funan centre and saw that they have many of their products are on big sale, kinda worried that they may have a growing inventory that they are unable to get rid off..

There's like a "UP TO 70% OFF", and I was quite surprised by it.

However, challenger results have been surprising me and the latest quarter is quite awesome.

Apologies, noob question here, is there a place where I'm able to find challenger's SSSG? Or is there a way I can calculate it?

[kopitescouser]

Recently I went to Funan centre and saw that they have many of their products are on big sale, kinda worried that they may have a growing inventory that they are unable to get rid off..

There's like a "UP TO 70% OFF", and I was quite surprised by it.

However, challenger results have been surprising me and the latest quarter is quite awesome.

Apologies, noob question here, is there a place where I'm able to find challenger's SSSG? Or is there a way I can calculate it?

Don't worry. They won't do business that lose money. 70percent i guess is on their home brands and to attract people to sign up for their membership which is extra revenue for them with no cost.

[dydx]

Challenger has set up a new wholly-owned PRC subsidiary - Valore (Shenzhen) Private Limited - to conduct trading and procurement of the latest, value-for-money lifestyle products/accessories under its own "Valore" (meaning: “Value” in Italian).....
http://info.sgx.com/webcoranncatth.nsf/V...1003A114D/$file/NewSubsidiaryAnnouncement.pdf?openelement [announcement]
http://www.valore.sg/Valore/ [website]

Based on the group's existing large and growing network of retail stores and member-customers in Singapore and West Malaysia, I suppose Challenger is well-placed to enjoy cost-effective and volume sourcing of such products, which can be distributed through 3rd-party channels in existing markets or into new markets over time.

[CityFarmer]

Challenger has set up a new wholly-owned PRC subsidiary - Valore (Shenzhen) Private Limited - to conduct trading and procurement of the latest, value-for-money lifestyle products/accessories under its own "Valore" (meaning: “Value” in Italian).....
http://info.sgx.com/webcoranncatth.nsf/V...1003A114D/$file/NewSubsidiaryAnnouncement.pdf?openelement [announcement]
http://www.valore.sg/Valore/ [website]

Based on the group's existing large and growing network of retail stores and member-customers in Singapore and West Malaysia, I suppose Challenger is well-placed to enjoy cost-effective and volume sourcing of such products, which can be distributed through 3rd-party channels in existing markets or into new markets over time.

NTUC, Giant and Coldstorage have their house brand products. It leverages on the brand, and will increase profit margin.

Challenger Tech is doing the same with the Valore... A good news indeed.

(vested)

[mosi]

NTUC, Giant and Coldstorage sell house brands of products that never go out of fashion, with little or no obsolescence threat. Would the tissue paper be "out of season" next month? Would cereal be incompatible with the version 5 Lightning adapter?

Seriously, would you have paid even $5 for the speaker-in-a-can (which I think was given to shareholders at the AGM)?

Challenger has little or no experience in producing lifestyle products/accessories and whatever margin that they might possibly get, I fear that it will be offset by future write-offs. Even if it's OEMed, it's still a different set of consideration (and hence different set of risk) that has allowed them to be successful.

If they pull it off, kudos.

But with the move, Challenger in 2013 is no longer the same as Challenger in 2010/11/12.

[natnavi]

NTUC, Giant and Coldstorage sell house brands of products that never go out of fashion, with little or no obsolescence threat. Would the tissue paper be "out of season" next month? Would cereal be incompatible with the version 5 Lightning adapter?

Seriously, would you have paid even $5 for the speaker-in-a-can (which I think was given to shareholders at the AGM)?

Challenger has little or no experience in producing lifestyle products/accessories and whatever margin that they might possibly get, I fear that it will be offset by future write-offs. Even if it's OEMed, it's still a different set of consideration (and hence different set of risk) that has allowed them to be successful.

If they pull it off, kudos.

But with the move, Challenger in 2013 is no longer the same as Challenger in 2010/11/12.

I do agree that speaker-in-a-can thing is wack. When I saw that in the store, I was thinking who would ever buy that piece of crap.

On the other hand, I found that their "essential" electronic goods were really affordable. If you need one of those "essential" electronic good, and you do not mind the brand, Valore is a really good choice.

By the way, I went there to buy their Valore 3000 mAh Powerbank, which cost about $35 after the 30% discount. I found it really reasonable as other well known brands was priced >$50.

Their profit margin may not be high for these products, but it can be well compensated if they can sell it in large numbers. Kinda like a computer walmart shop.

(vested)