Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

Posted by

Food Innovators Holding Limited

Food Innovators Holdings Limited ("FIH" or the "Company") is offering 14m shares at $0.22 each, for which 13m shares will be through placement and the remaining 1m shares via a Public Offer. The IPO will close on 14 Nov at 12 noon and starts trading on 16 Oct 9am.  FIH has two business models - the first is to be a master lease and sublease the space to other tenants and the second is to operate and manage restaurants.  The Company currently has 12 restaurants in Japan, 10 in Singapore and 4 in Malaysia. The market cap based on the IPO price is around $24.9m. Financial Highlights FIH's revenue grew from $37.8m in FY2022 to $43.8m in FY2024. It is quite funny to see that being a master land lease holder has a higher margin than operating the restaurants, once again illustrating the point that it is better to be a landlord to shake leg and collect rent. According to the prospectus, the PER is around 19x. The Company intends to pay 20% of its net profit after tax a
Post a Comment
Read more
Labels
Posted by

The first Million is the toughest?

I first set up the Facebook Page on 14 July 2012.

It took me more than 10 months to reach the first 1,000 fans on 27 May 2013. 

However, after i hit the first 1,000 mark, the next 1,000 fans took me less than 3 months and it reached that milestone today (14 Aug 2013)! :) 


There are probably a few reasons to explain the quick increase:
  • Share Investment invited me onto their "panel of authors" and that has brought quite a fair amount of traffic to my blog.
  • The listing of SPH REIT and OUE HT created a buzz on the IPO market here and that resulted in a renewed interest in IPOs.
  • The 1,000 fans continue to "like" my posts, post comments and participate the polls on Facebook page which, in turn, created a virtuous cycle of attracting more friends of fans to me. I take this opportunity to say "Thank You" and do continue to share my postings with your friends.
Below is the profile of my fans.

My fans continue to be predominantly male at 73% (versus 54% for all of Facebook) but this was an improvement when i just started where 80% are male.

Anyway, back to the topic today. The first million is probably the toughest and that is true. If you are just starting out or struggling to save up for retirement, you may want to start with a lower figure first, say $100,000 and then use the $100k as a base capital to work towards the $1m goal. Using the same analogy, once you get the first $100k, the next $100k will come at a faster pace and a virtuous cycle can then be built up. 

Stop dreaming about striking Toto for the first $1m and start saving and investing towards that goal instead!. :oP

Happy Investing and do me a favor, click "like" and helped me reach the next 1,000 fans faster ^_^
Email Post
Labels:

Comments

Post a Comment