yeah ... as I predicted.....no need to wait till next month believe owner alr throw throw throw till.59... ownercannt earn money from business then can come to share market......lot newbies here....
Monday is going to be an exciting day... Force sell is so in play !! Unfortunately no IDSS .... so no short!! Fortunate for the existing holder though...
Again, if anyone want to get to know this market in more detail... Just drop by to your closest BS and you will notice the traffic flow is pretty low now ... And they are only target to the niche instead of the mass ... That being said, their margin doesnt really justify the niche market segment. It should be more than 30% margin...
Body shop not for a niche market ..it is for middle-income market. MY personal view in the long run this company income will get bigger and bigger due to new expansion to Vietnam and Cambodia which they just started.
Please to come on board today at a discounted price. Nice to see some familiar faces here..
Beauty lies in the eyes of the Beholders. Thanks to my ICON RI, beside 16% margin made yesterday with myeg, I managed to get into Body Shop today at a discounted price.
Now all my females girl friends with high spending power in Malaysia, Vietnam, & Cambodia will help to increase the growth of this Cosmetics Personal Care industry. The business has intention to pay out 30% PAT as dividend, it should be an attractive dividend holding counter. This company is having Intangible asset 29.3% (normal acceptable level is less than 15%).
Kenanga are forecasting InNature to register a core net profit of RM31.9m (-10% YoY) and RM33.9m (+6% YoY) for FY19 and FY20.
It's nice to do something for the females community
Share Capital Market Cap: RM480 mil Total Shares: 705.881mil shares
Business The group hold The Body Shop franchises (beauty product) and operate TBS point-of-sale in Malaysia, Vietnam, & Combodia.
Geo M'sia: 85.3% Vietnam: 14.7%
Fundamental Market: Main Market P/E & ROE: PE13.3 (Prospectus book is) ROE24% *Intangible asset: 52.973 mil Dividend policy: Suggest 30% dividend policy profit after tax.
Financial Ratio Trade receivable: 4.65 days Trade Payable: 63.37 days Inventory turnover: 191.84 days
Past Financial Proformance (Revenue, EPS) 2019 (9mths): RM138.195 mil (EPS: 0.0352) 2018: RM184.474 mil (EPS: 0.0722) 2017: RM171.919 mil (EPS: 0.0381) 2016: RM159.902 mil (EPS: 0.0424)
Directors Remuneration for FYE2019 (from gross profit 2018) Dato' Simon: RM60k Datin Mina: RM0.693 mil Darly Foong: - Molly Fong: RM0.866 mil Dato' Maznah: RM90k Tengku Zatashah: RM80k Total director remuneration from gross profit: RM1.789 mil or 1.43%
Key Management Remuration for FYE2019 (from gross profit 2018) Jesse Siew: 500k-550k Mae Chan: 400k-450k Cang Yang: 400k-450k Meng Leong: 250k-300k Lily-Hue Nguyen: 800k-850k Julie Wong: 300k-350k key management remuneration from gross profit: RM2.650-2.950 mil or 2.13-2.37 %
Use of fund Capital Expenditure: RM34.50 mil (68.5%) Working Capital: RM3.80 mil (7.5%) New Business development: RM5.7 mil (11.3%)
Industry CAGR% Msia 2013-2018: 6.2% CARG on CPC (Cosmestics Personal Care) Msia 2018-2023: 8.0% (forecast) Vietnam 2013-2018: 12% Vietnam 2018-2023: 11.6% (forecast) *2002-2018 income per capital CAGR urban 14.8%, CAGR rural 16.1% *Increase of female spending power. *Increase of internet, mobile business & e-commerce. *Growing of acceptance of natural products. *Vietnam CPC (cosmetics personal care) CAGR 12% 2013-2018
Good thing is: 1. PE13 & ROE24% is attractive. 2. Every year net profit more than 15% 3. Revenue is increasing. 4. Director remuration & management fee is acceptable. 5. Cosmetics Personal Care market/industry expanding every year.
Conclusions Is a attractive business. Increase of female spending power in Msia, Vietnam, & Combodia will continue to increase the growth of Comestics Personal Care industry. The business have intention to pay out 30% PAT as dividend, it should be an attractive dividend holding counter.
A lot of trap being set in order to bail out the greedy who bought high on the first day... Monday is going to be an interesting day as the contra are likely to force sell !!! Highly drop!!!
If you really want to know the business, just drop by at your closest BS and do the monitoring yourself... See how many customers are being served... Bare in mind, today and tomorrow is the weekend... if the crowd are not much then what make you think they will come on the weekday... There is a reason why they drop their profit margin...
That’s lovely sis Mabel! I’m still use bodyshop here and there cause I dont know what other lotion is better than body shop. Because I don’t like buy the product from Waston. Because it’s too cheap.. So I think body shop premium product for ladies. But IPO usually the price unstable! I will see what’s the market react on next will consider hold or sell.
No doubt the shower gel is nice smell and smooth your skin. But the price is too expensive if we use daily for the scrub and lotion is ok. We have no choice we need to use it daily otherwise our skin very dry.
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