Banana 103791476 : 1. it's slightly expensive with pe 20 support with the latest eps, also this sector (F&B) the usual benchmark in Malaysia market is definitely lower.
2. they are copying the pattern of old town white coffee, but the problem is, do they have the size of the outlet of old town? do they deploy enough years to build up the brand effect like old town white coffee? obviously no
3. F&B business have no skill requirement, anybody with enough modal can create out same shop same food, what i mean is, competitors will bloom out easily and they can be replace easily.
4. Starbucks sell coffee, mixue sell lemon juice, hai di lao sell hotpot, what is hua Yang signature? if you're foreign visitor will you buy old town white coffee as souvenir or hua yang stuff?
5. dun forget Malaysia got those 'green' issue, buta saja kena like Starbucks
6. conclusion, you can goreng, but the potential is so so, BUT of course, nothing is absolute, must have people see things differently, you may try

Banana 103791476 : good report, most of the important facts is in it, PE 28... what do you guys think?

Banana 103791476 : same here, i thought it's something like FD

Banana 103791476 103485432 : or should i say, it serves like FD, every day give dividend from the money market fund, the question is, is there a possibility to lose money in these fund?

Banana 103791476 : same getting a negative yield and deduct my fund today