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 ...
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It would be interesting if you could analyse "what if" you held these IPOs till end of 2013 or 2014. Would it still be a profit, high profit or loss?
My Top 3 gainers would have turned into the following:
1. KOP Limited unrealised loss of $131,996
2. QTV unrealised gain of $4,400
3. UG unrealised gain of $1,785
By "tikam", did you flip on 1st trading day or within the 1st trading week, or did you hold until such time when you decide to sell?
If you had held, how long and why sell (other than "to make a profit")?
Thanks.
IPO are usually very short term for me. I don't intend to hold unless the fundamentals are really compelling of which I will hold in other investment accounts separate from this.
In IPOs, I will sell when it either hit my fair value range or when it hit my "stop loss" level. (Whichever happens first). It's hard to give u a one size fits all rule.
Great work. Thank you.
cheers
What I like about you is your clear transparency and truthfulness.
Keep up the excellent work and share more. Tks