Qian Hu

Re: Qian Hu

Postby winston » Sun Aug 02, 2009 10:06 pm

Just separate the facts from the noise:-

Revenue for the full year was up 1.5 per cent
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Qian Hu

Postby shaun » Sun Aug 02, 2009 10:48 pm

kennynah wrote:hahaha.....we are still talking about QianHU....whilst, frankly, i.... can tell ya that fella is a friend...i advice u not to Long his company shares


kenny,

care to share why not? is it due to business reasons, or management related reasons?

the business is average, but kenny yap seems like a honest and hardworking guy (based purely on his public persona)
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Re: Qian Hu

Postby kennynah » Sun Aug 02, 2009 11:20 pm

i forgot ...sorry,,,
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Re: Qian Hu

Postby millionairemind » Mon Oct 19, 2009 7:18 pm

October 19, 2009, 5.42 pm (Singapore time)

Qian Hu's Q3 net profits rise 9.8%

By TEH SHI NING

Qian Hu has announced a 9.8 per cent rise in its third quarter net profit to $1.7 million, from $1.5 million a year ago.

This increase was helped by continued efforts to widen the reach of its distribution of ornamental fish and related accessories worldwide, the company said.

Its revenue rose 1.1 per cent to $23.9 million for the quarter which ended September 30, from $23.6 million last year.
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch

Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
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Re: Qian Hu

Postby kennynah » Mon Oct 19, 2009 9:46 pm

Image
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Re: Qian Hu

Postby millionairemind » Mon Jan 11, 2010 7:41 pm

January 11, 2010, 5.52 pm (Singapore time)

Qian Hu's Q4 net profit up 3.6%

By JOYCE HOOI

Ornamental fish retailer Qian Hu Corporation posted a 3.6 per cent rise in net profit for Q4 FY2009 ended Dec 31, to $1.8 million.

Revenue for the same period rose 4.4 per cent, from $22.9 million to $23.9 million, on the back of growth in sales of the group's ornamental fish.

For the fiscal full year, the group's net profit grew 8.3 per cent to $6.5 million, while revenue grew 1.7 per cent to $94.6 million.

Earnings per share stood at $0.41 and $1.48 for the quarter and year respectively, up from $0.39 and $1.36 from the corresponding periods a year ago.

Qian Hu has proposed a first and final dividend payout of 0.5 cents a share. No dividend was declared the previous year.

The group's counter closed half a cent higher on Monday, at $0.17.
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch

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Re: Qian Hu

Postby Musicwhiz » Mon Jan 11, 2010 7:58 pm

They took 10 days to prepare their full year accounts? That's simply impressive! Some companies need 45 days and a whole team of accountants just to close the books.

Qian Hu is one of the best in terms of speed, and the mountain load of info that comes with the FInancials. Kudos!*

*P.S. - No comment on the financials though.
Please visit my value investing blog at http://sgmusicwhiz.blogspot.com
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Re: Qian Hu

Postby kennynah » Mon Jan 11, 2010 8:02 pm

Musicwhiz wrote:They took 10 days to prepare their full year accounts? That's simply impressive! Some companies need 45 days and a whole team of accountants just to close the books.

Qian Hu is one of the best in terms of speed, and the mountain load of info that comes with the FInancials. Kudos!*

*P.S. - No comment on the financials though.


i can sense your sarcasm here... ;)
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Re: Qian Hu

Postby Musicwhiz » Mon Jan 11, 2010 8:16 pm

Keke no la, I am not a sarcastic person by nature. :P
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Re: Qian Hu

Postby kennynah » Mon Jan 11, 2010 8:18 pm

then, it is just 2nd nature... 8-)
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