Ajisen 538

Re: Ajisen 538

Postby winston » Thu Mar 19, 2015 9:01 am

not vested

<Result Ann>AJISEN (CHINA) (00538.HK) annual net profit $276M

AJISEN (CHINA) (00538.HK) announced annual results for the year ended 31 December 2014.

Turnover added 2.5% year-on-year to $3.32 billion.

Net profit amounted to $276 million, up 1.4%. EPS was 25.26 cents.

A final dividend of 13 cents was declared, together with a dividend for the year of 17.7 cents.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Fri Mar 20, 2015 5:08 pm

not vested

BofA Merrill Lynch maintains AJISEN (CHINA) at Underperform with target lifted to $4.4

BofA Merrill Lynch increased the EPS forecasts of AJISEN (CHINA)(00538.HK) +0.080 (+1.835%) Short selling $1.89M; Ratio 9.815% in 2015/2016 by 8%/5% respectively. The target price was lifted to $4.4 from $4.3.

The broker believed the same store sales grwoth of AJISEN (CHINA) will continue to face pressure in near term due to the fierce competition but there will be a growth in a long run.

It was expected that there will a growth of 7% in profit but that is not strong enough to support 16x 2015E P/E.

The rating thus was kept at Underperform.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Tue Apr 14, 2015 1:18 pm

not vested

AJISEN (CHINA) (00538.HK) 1Q mainland same-store sales down 6% YoY

AJISEN (CHINA) (00538.HK) announced that for the three months ended 31 March 2015, its Hong Kong same store sales growth rate increased 2% yearly while PRC same store sales growth rate declined 6% yearly.

The group's fast casual restaurant business sales fell 1.6% from a year ago.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Fri Aug 28, 2015 7:03 am

not vested

Noodle shop chain Ajisen (China) (0538) said its interim net profit fell 13.3 percent to HK$110.7 million and revenue slipped 2.6 percent to HK$1.57 billion.


Source: The Standard HK
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Thu Sep 10, 2015 11:17 am

not vested

<Result Ann>AJISEN (CHINA) (00538.HK) Internet Net Profit $111M; Div. 4.7 Cents
Aug 27, 2015


AJISEN (CHINA) (00538.HK) announced the results for the first half of fiscal year ended 30 June 2015.

The turnover dropped 2.6% yearly to $1.57 billion.

The company recorded a net profit of $111 million, down 13.3%.

EPS equaled 10.14 cents. An interim dividend of 4.7 cents was distributed.

During the period, the gross profit edged down 1.2% to $1.095 billion.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Mon Oct 05, 2015 12:56 pm

not vested

CN: Ajisen (China) (538 HK)
Share Price: HKD3.51
Target Price: HKD3.84
Recommendation: Hold

Rating Change: Deep value, but challenges remain

We lower our FY15-16F EPS by 18%/35% to reflect the on-going SSSG pressure.

D/G to HOLD given strong net cash buffer (c. 50% of market cap) although it lacks catalysts.

Mgmt. hopes upcoming Customer Relationship Management (CRM) platform launch in 2016F will enhance its competitiveness.

Also, it is looking to launch a trial of takeaway-only outlets in 2016F, on top of making existing takeaway services available at more restaurants.

We forecast 4.2% EPS CAGR over FY15-17F.

Stock is trading at 1.1X PBR or 3.2X EV/EBITDA, cheapest among peers.

New TP is pegged to 16X FY16F PER, 1.s.d below historical avg.


Source: Kim Eng
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Tue Oct 13, 2015 1:55 pm

not vested

AJISEN (CHINA) (00538.HK) 3Q HK Same Store Sales Up 4.6%

AJISEN (CHINA) (00538.HK) announced the operational statistics for the third quarter ended 30 September 2015.

Hong Kong same store sales posted a growth of 4.6% from a preceding year, while PRC same store sales saw a decline of 9.2% year-on-year.

The group?s fast casual restaurant (FCR) business sales retreated 6.4% on a yearly basis.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Thu Oct 22, 2015 10:28 am

not vested

Invesco Sells 4.52M Shares in AJISEN (CHINA)

Invesco Hong Kong Limited disposed of 4.52 million shares of AJISEN (CHINA) (00538.HK) on 15 October at an average price of $3.809 which involved $17.217 million, according to shareholding disclosures of the HKEx.

Its shareholding in AJISEN (CHINA) decreased from 10.26% to 9.84%.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Wed Jan 13, 2016 6:25 am

not vested

Hard going for restaurant chain

Local casual dining chain Ajisen China (0538) said same-store sales fell in both Hong Kong and China during the last quarter.

The Japanese ramen seller said same-store sales at its mainland operation slid 6.6 percent from a year back while in Hong Kong, they eased 0.1 percent. Turnover of the casual restaurant business slumped 7.2 percent from a year earlier.

But losses from the mainland narrowed as same-store sales fell 10.1 percent in the second quarter from a year back and slid 9.2 percent in the three months ended September 30 last year.

Ajisen owned 624 restaurants in the mainland, 39 in Hong Kong and one in Taiwan as at June 31 last year.

Sales in Hong Kong accounted for 8 percent of total revenue and 10 percent of total net profit in the first half of last year.

Source: The Standard
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

Re: Ajisen 538

Postby winston » Tue Mar 22, 2016 9:33 am

not vested

<Result Ann>AJISEN (CHINA) (00538.HK) Annual Net Profit Down 17.7%; Final Div 12 Cents

AJISEN (CHINA) (00538.HK) announced the results for the year ended 2015.

Turnover dropped 5.8% yearly to $3.129 billion.

Gross profit retreated 5% to $2.177 billion.

Net profit receded 17.7% to $227 million, with EPS of 20.79 cents.

Final dividend equaled 12 cents.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 104794
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to A to B

Who is online

Users browsing this forum: No registered users and 3 guests