Qian Hu

Re: Qian Hu

Postby cif5000 » Wed Jul 23, 2008 11:27 pm

Trivia
- All the shares were issued through placement at 30cts/share for its IPO. There were no shares for public subscription.
- The company has a succession plan in place even though it is family-run. (not Familee-run that is)
- The ornamental fish business is a trading business (i.e. strategy: either high volume or high margin)
- The skills from trading did not transfer well to manufacturing or retail, and they learnt
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Re: Qian Hu

Postby kennynah » Wed Jul 23, 2008 11:44 pm

cif5K....wah liao... u MIA man.... glad to know u r still kicking... :)
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Re: Qian Hu

Postby Aspellian » Wed Jul 23, 2008 11:53 pm

cif5000 bro,

nice to see u after ur long absence. cheers. ;)

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Re: Qian Hu

Postby iam802 » Sat Aug 30, 2008 12:16 pm

(not vested) and don't know if it is stock related.
--

Brought my family to Qian Hu this morning.

Some not so important gimmicks they have there.

1. Catch the longkang fish for $5.
- Not difficult to catch. Aim, wait and catch.
- My girl has lots of fun with this and catch more than enough fish within 5 minutes. Well ahead of the half an hour time limit.

2. Fish Spa for $10
- fish suck your leg
- they have pools with bigger fish and smaller fish
- quite a fair number of people is enjoying this 'spa'
- within half an hour, I counted at least more than 10 persons indulging in it.

But, to be true, I doubt this will contribute much to the revenue.

I enjoy looking at the arowanas. The big ones are pretty magnificent and graceful. But, I will admit that I know nothing about fish. Maybe if the stock gyrate a bit more often, I can tell more stories.

If not, this is just a place for family hangout once in a while.

Note: Moderators, feel free to move it out of this thread if you feel it belongs elsewhere.
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: Qian Hu

Postby kennynah » Sat Aug 30, 2008 12:19 pm

u didnt have breakfast with kenny yap ah ? ask him what's he doing about his business, besides exporting guppies to somewhere in europe?
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Re: Qian Hu

Postby winston » Sat Aug 30, 2008 3:12 pm

millionairemind wrote:Mr Yap is also bullish on China, where he expects the rise of its middle class to fuel demand for Qian Hu's fish. He predicts it could generate a fifth of group sales and profit in China within five years.


I like fishes and I used to have two big tanks when I was younger.

I've not really seen many pet or fish shops in China, in either the neighbourhood stalls or in the malls.

If ornamental fishes actually becomes a hit in China, I'm sure the Chinese would be breeding them on a large scale in China later.
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Re: Qian Hu

Postby kennynah » Sat Aug 30, 2008 4:39 pm

I suppose it I'd more cumbersome to hv to apply n pay for a doggy license in china
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Re: Qian Hu

Postby millionairemind » Mon Jan 12, 2009 8:39 pm

January 12, 2009, 5.23 pm (Singapore time)

Qian Hu's FY08 net profit rises 22%
By ANGELA TAN

Ornamental fish sellers, Qian hu Corporation Limited, on Monday reported that net profit for the full year ended December 31, 2008 rose 22 per cent to S$6.04 million.

Revenue for the full year was up 1.5 per cent at S$93.06 million.

For the fourth quarter, net profit was up 10 per cent at S$1.74 million. Revenue for the three months period to end December was down 7.2 per cent at S$22.86 million.

Qian Hu said ornamental fish will continue to be an important core business activity of the group. It will focus on high-growth regions such as the Middle East, Eastern Europe, China and India.

The group also plans to increase its visibility in the European continent and target to increase export of aquarium and pet accessories to more than 40 countries within the year.

In China, it intends to further increase its distribution points from the existing 150 locations to more than 200 locations in Year 2009.

'In spite of the lingering global economic situation, we envisage - barring any unforeseen circumstances - continued growth in our revenue and profitability in Year 2009,' Qian Hu said.

It has proposed a first and final dividend payout of 0.2 cents per ordinary share. The previous year, it paid a special interim dividend of 8.54 cents per ordinary share.
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Re: Qian Hu

Postby kennynah » Tue Jan 13, 2009 4:03 am

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
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Re: Qian Hu

Postby helios » Sun Aug 02, 2009 9:57 pm

Qian Hu is on MoneyMind tonight ...

KennyYap said:

- the industry itself is still resilient;
- defensive business model exports fish to 80 countries;
- SME positioning;
- captialising by BRAND building & results in good profit margin;
- new exploration in India with the presumption that India market has a domestic & sizable market ...
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.
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