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BullRun
Elite |
29-Aug-2007 22:14
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WATCH-MAKER Time Watch Investments is eyeing a growth of at least 20 per cent in its retail sales for the next two years, after posting a turnaround in its FY07 performance. Great!!! AT LEAST 20% growth in its retail sales for the next two years!!! Plus the new source of income from shopping mall.....The Best is definitely yet to come!! |
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jkbk007
Senior |
29-Aug-2007 20:30
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Yes still SUPER CHEAP!!!! Tomorrow should continue to trend up | ||
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BullRun
Elite |
29-Aug-2007 19:55
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Price UP...Volumes UP.....but still way undervalued. | ||
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jkbk007
Senior |
29-Aug-2007 07:47
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Time Watch targets at least 20% sales growth
Company back in the black with FY07 profit of HK$73.4m
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BullRun
Elite |
28-Aug-2007 22:08
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CIMB - 28-8-2007 Our target price of S$0.40 is based on 10x CY08 earnings, which values the stock at a smaller discount to its peers. Initiate with Outperform. |
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BullRun
Elite |
28-Aug-2007 20:29
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TIME WATCH NET PROFIT SURGES 29% TO HK$83 MILLION, POSTS STERLING FY 07 RESULTS ON BACK OF ROBUST RETAIL SALES IN THE PRC Target at least 20% sales growth for retail segment for next two years |
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BullRun
Elite |
27-Aug-2007 17:48
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Back to 24c...but still way below what the CEO paid recently! Singapore, 19 July 2007 ? SESDAQ-listed Time Watch Investments Limited (?Time Watch?, ?Company? or ?the Group?), one of the largest watch manufacturers, distributors and retailers of time pieces in the PRC in terms of brand and sales, announced today that the Group?s Chairman, Mr. Michael Tung, bought 1.5 million shares of the Company over yesterday and today. Mr. Tung paid approximately S$447,500 for the total purchase of shares in the Pan-
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BullRun
Elite |
27-Aug-2007 15:31
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Look extremely attractive now!! |
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BullRun
Elite |
23-Aug-2007 19:32
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Limited downside..great time to take position.....vested!! | ||
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jkbk007
Senior |
23-Aug-2007 13:55
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Store directory: 1st Floor: Jinshan Lianfan shop, Tobacco, Alcohol, Tea, Fruit, Soft Drink, Cosmetics, Traditional Medicines And Drugs, Health Care Articles, Computers. 1/F Upper: Bedding, Terry Embroidery, Carpets, Beauty House, Electronic Place. 2nd Floor: Clocks, Watches, Spectacles, Photographic Equipment, Jewelery, Seasonal Wear, Casual Wear, Sweaters. 3rd Floor: Men's Selected Dress. 4th Floor: Sportswear, Body-Builder's Equipment, Music Instuments, Office Facilities, Computers, Toys, Kids' Dress And Shoes, Books, Pleasure Ground. 5th Floor: Household Appliance, Lights, Hardware And Plumbing, Kitchen Utensil, A & V Products. 6th Floor: Building Material Supermarket |
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jkbk007
Senior |
23-Aug-2007 13:51
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Time Watch has recently completed the acquisition of the Zhengzhou Zijingshan department store at RMB 96million and a commitment of RMB 14.9 million. The owned area span over 200,000 square feet and has an annual turnover of over RMB300 million. With an independent price valuation is at RMB225 million, the purchase is made at a big bargain. Again if you compare this to today's Business Times news where MMP Reits purchase the Chengdu mall at 350 million yuan, it looks to me that Time Watch has made a great deal. The Chengdu mall has an area of 101000 sq ft and retail sales for 2006 was 263 million yuan. |
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BullRun
Elite |
18-Aug-2007 10:59
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YOU GOT IT!! 17 May 2007 Recommendation BUY (by WESTCOMB)
Share Price S$0.305 Target Price S$0.510
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jkbk007
Senior |
18-Aug-2007 08:48
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Yes I am vested. Fundamentally TimeWatch is good with strong growth potential. It is highly undervalued given its current price. One reason I could think of is it is because of a lack in interest in the watch business and media coverage. Besides very few could see the true value of the company especially with its past EPS being significantly depressed due to its aggressive expansion in PRC and also share consolidation. Given the highly positive outlook in PRC, the company is poised for strong growth in terms of revenue and earnings. The past selldown is largely due to panic selling from small investor. The US Fed discount has effectively changed the market sentiment back to positive as people will refocus back on business fundamentals. I am sitting tight till the report on Friday. In my opinion, this company should be worth at least 40cents. However I will re-evaluate this once the report is out. |
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BullRun
Elite |
17-Aug-2007 23:39
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boy, never fall in love with your stocks...always know what you are doing...do risk management and do your research, have confident in yourself !! Once I identify an undervalued stock, I will monitor, plan, move funds and pump. All is happening as per plan.....so I just buy and buying it happily....NO FEAR!! |
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bullrun4ever
Senior |
17-Aug-2007 23:25
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U got so many bullets meh...keep on buying | ||
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BullRun
Elite |
17-Aug-2007 21:32
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jkbk007, I just keep buying as it continue to correct.....u bought any? | ||
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BullRun
Elite |
15-Aug-2007 21:13
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jkbk007, Price stablised for now....taken position! | ||
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BullRun
Elite |
10-Aug-2007 18:30
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I have been watching this counter over the last few months after reading some analysts reports. Some give it a TP of as high as 51c! However, they are actually comparing to companis listed in HK and PRC which in general trading at very high PE. Looking at the selling pressure and market sentiments I would rather wait for a little longer. Market has taken a reset and in general valuations of all sectors will drop too. FY07 result should be ok but not sure how much it can exceed expectation...may consider taking position later when I confirm it can do well. | ||
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jkbk007
Senior |
10-Aug-2007 17:03
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Bullrun, Yes I agree the support is at 24c. By the way it seems that you are pretty interested in this. Care to share why? |
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BullRun
Elite |
10-Aug-2007 16:51
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Touch 24c few times over the last few weeks. This will be the critical support level. | ||
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