Epicentre
Posted:
Mon Aug 29, 2011 8:55 amby winston
Not vested
EPICENTRE - Apple products distributor Epicentre, said its second half net profit fell 97 percent to S$42,000 from S$1.6 million a year ago, as a tight labour market and its expansion in China led to an increase in operating expenses.
Source: Reuters
Re: Epicentre
Posted:
Wed Sep 19, 2012 12:06 pmby winston
not vested
SINGAPORE-DMG upgrades Epicentre to 'buy' DMG & Partners upgraded Epicentre Holdings Ltd , which sells Apple products, to 'buy' from 'neutral', and raised its target price to S$0.41 from S$0.31, on expectations of an earnings improvement in the next quarter.
By 0101 GMT, Epicentre shares were untraded at S$0.355, and have fallen 21 percent so far this year, compared to the FTSE International ST Catalist Index's <.FTFSTICA> 10 percent rise.
Despite competition from Apple's online store, premium retailers like Epicentre will continue to see sales grow due to better deals such as extended warranties and discounts on associated hardware.
"Earnings are expected to be driven by new Apple branded products and ramp up in sales of new stores," DMG said in a report.
The brokerage expects Epicentre's net margins to improve to 1.6 percent for the year ending June 2013 and 1.9 percent in 2014, compared to 0.3 percent in 2012.
Source: Reuters
Re: Epicentre
Posted:
Sat Mar 19, 2016 4:05 pmby behappyalways
EpiCentre turns to crowd-financing, borrows $1 million at 13.5%
http://sgx.i3investor.com/servlets/fdnews/58970.jsp
Re: Epicentre
Posted:
Tue Aug 30, 2016 5:33 pmby behappyalways
Epicentre's FY16 losses double to $5.8 mil on higher competition and store closures
http://sgx.i3investor.com/servlets/fdnews/63067.jsp
Re: Epicentre
Posted:
Tue Feb 14, 2017 5:57 pmby behappyalways
Epicentre ventures into aesthetic salon business with $3.1mil takeover
http://www.theedgemarkets.com.sg/articl ... l-takeover
Re: Epicentre
Posted:
Tue Sep 05, 2017 6:23 pmby behappyalways
Re: Epicentre
Posted:
Mon Feb 19, 2018 3:49 pmby behappyalways
Epicentre sinks into the red in 1H18 on lower revenue
https://www.theedgesingapore.com/epicen ... er-revenue
Re: Epicentre
Posted:
Sun Jul 01, 2018 6:26 pmby behappyalways
Epicentre eyes entry into regional property in RTO plan; ditches Apple reseller business, proposed rights issue
https://www.theedgesingapore.com/epicen ... sed-rights
Re: Epicentre
Posted:
Sun May 05, 2019 3:32 pmby behappyalways
Epicentre's Lim buys shares, extends placement deadline
https://www.theedgesingapore.com/print- ... t-deadline
Re: Epicentre
Posted:
Sun Jun 02, 2019 7:29 pmby behappyalways
Epicentre says chairman and CEO uncontactable; cancels proposed placement
https://www.theedgesingapore.com/epicen ... -placement