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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
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Happy 7th !


Today is the 7th Anniversary of my blog. It was first started on 7th July 2007 (07.07.07).  Well it has been a good 7 years and on hindsight, i am glad to have started this journey and i hoped you have enjoyed the blog as much as i have put in the efforts to make sure the blog stays relevant.

On this occasion, I take the chance to wish every reader many happy returns in your search for financial freedom. As you are aware, i have different blogs to share with you different mindsets.

Starfish SRS blog - blogs about the pursuit for financial freedom
Ninja Master Fund - blogs about my trades (whenever i am free to watch the market)
2Y Real Estate Fund - blogs about my journey in the property sector
SQ Travelogue - blogs about the little trips i take for business, the holidays i have with my family and the food we had. After all, you only live once. 

If you asked if there is anything you can do for me to give me a present for the efforts? I will just ask that you become my friend on Facebook and like my facebook page. ^_^ 

I have a 3,000 fans target by 31 Dec 2014. I am still about 300 fans away. :)

Click here!

Happy IPOing.
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Unknown said…
Congratulation! Look forward to more of your sharing and contributions to the local investment community!

Regards,
SG Wealth Builder
www.sgwealthbuilder.com
7 July 2014 at 01:03
Investopenly said…
Wow! 7 years is an impressive record. Enjoy the "7th year itch" and continue sharing the good stuff.. Will check out your other blogs as well.
7 July 2014 at 06:43
Mr. IPO said…
Thank you both for your kind comments! 7 year itch. Hmmm. Maybe blogging is to ease the itch? :-P
7 July 2014 at 12:12
Siapa Rajah 誰程王 said…
Cheers! Thanks for all the good work and effort that you had put in. Cheers Cheers and Cheers!!!
7 July 2014 at 18:52
Anonymous said…
Tks Mr Ipo.
Always enjoyed reading ur blogs...
7 July 2014 at 23:09
Anonymous said…
Hi Mr IPO. I want to thank you for your efforts in sharing with us. I follow your Facebook and SRS blog. Made some money following your analysis!
Keep up the good work!
9 July 2014 at 16:02
Mr. IPO said…
Thank you all for the support :) appreciate it always!
9 July 2014 at 21:56
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