"Retailer of baby and childcare products Mothercare said that they have recorded a 250% increase in sales of CRS since October, compared to the same time last year. Another company that sells these products U-baby similarly said there was a spike in the sales of the CRS. “We are importing more stock in anticipation of the growing demand, ” said a spokesperson of the company. Transport Minister Anthony Loke announced that child seats will be made compulsory by 2020."
It seems like doing not too bad. Boss also keep buying everyday
Just to share, in the event if MCO really ends, I believe it is time to start collecting some shares. Why? 1) Company's balance sheet remains solid as a rock with no borrowings and huge cash pile. No surprise if they even acquire one of their competitors 2) When market sentiment recovers, potential capital gain + dividend avg at 7% - 8% for the coming years 3) And lastly, during MCO, couples stay at home, what can they do?
Hint: Surge in online purchases of women's underwear and libido enhancers
Too early to speculate about baby boom during MCO. Yes me and my gf are enjoying more sexy time now, but we have birth control tech nowadays. Most of people are affected by covid19 economical impact, so no baby boom is expected.
Hmm but can muslim's parents practice birth control methods? If u just go google and type in "baby boom mco" there will be many articles saying there's a strong possibility of a baby boom in 2021
Also do bear in mind, they are selling toddlers items, which is sort of a "necessity" in that sense. Babies outgrow their size after a few months unlike an adult. Hence, u cant compare their business to other retail counters like Padini or Bonia
And pls pls pls pls dont say overpriced... glove counters are overpriced....
could not understand the hype around mothercare. there is far better company that relate to more popular Anakku. In fact, that company also sell lingerie; before baby boom it should be sex boom first. I dont want to mention that company's name here, but i think the hype on KHJB is too much and could trap us anytime.
Waiting for 4Q2020 result, expecting at least 0.5 cent dividend if KHJB stick to dividend payout policy of up to 40% of its annual audited net profits.
Volumes are building up, but need to rest until after CNY. Good sign if can break 0.280 resistance.
Plus today retail business are allowed to reopen just days before CNY, this will recover their Mothercare retail sales.
Guess consumer product sales will rebound faster after vaccination start. Armed with soon to be open new mothercare store and toy business expansion, hopefully KHJB could recover to their IPO price.
Better hold.. the dividends margin are the highest currently, The storm already past for KHJB baby product retail shop. expecting no more MCO with this vaccination program ongoing and if you go to mall now, it already become crowded. Pay back shopping time, plus Baby products are essential.
KHJB catalyst will be net cash of 15 Million, opening of new mother care store and toy store, even during MCO and CMCO no loss QR meaning after full economy opening their earning will grow.
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Ipo oversubscribed, but until now, still below IPO price. Didn't see the sign of rebound. What a trash stock. huh..