The first quarter result is out, revenue and profit increase 10% and 36% respectively. Mainly due to lower input cost. The increase also include the appreciation of U.S Dollar as Hup Seng also export to overseas especially US and Australia market.
However there is slide decease in overall balance sheet performance for this quarter.
Anybody notice that one or two months ago there was shortage of Hupseng biscuit in the market? One mini market owner told that need to wait for sometime about one month ago. Anyway just want to share and perhaps all the friend here can help to do survey in mini market or hypermarket and share the finding here.
WinnerWay, yup. Previously most hypermarket like giant, cold storage also short of hupseng cream cracker (440g). I think it's good time to witness its uptrend and believe its longterm biz after open new market in Indonesia.
Hi BeyonDreaM, you also notice that right? Yeah, the ran out of stock one was cream cracker. I planned to buy more this stock about 2 weeks ago but it already shot up 20%++.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
vinvin
4,494 posts
Posted by vinvin > 2015-05-17 18:14 | Report Abuse
Good company, well managed n with yearly dividend!!! Can buy n keep, no problem!!! Trade at own risk.