Xiabuxiabu 0520

Xiabuxiabu 0520

Postby winston » Wed Dec 03, 2014 6:12 am

Beijing-based hot pot restaurant chain operator Xiabuxiabu Catering Management (China) Holdings will open the retail book on Friday, targeting an up to HK$1.14 billion Hong Kong IPO.

It will offer 227 million new shares at HK$4.40 to HK$5.00 apiece, costing investors at least HK$5,050.39 on one board lot of 1,000 shares.

Two funds under Yale University-backed Hillhouse Capital, which focuses on long- term investing, have been introduced as cornerstone investors, pledging US$35 million.

Retail bookbuilding will end on December 10 and debut is set for December 17.

Source: The Standard HK
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winston
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Re: Xiabuxiabu Catering Mgt

Postby winston » Wed Jun 20, 2018 10:43 pm

not vested

Xiabuxiabu 呷哺呷哺(520 HK)

Xiabuxiabu has grown into the largest hotpot chain restaurant in China in terms of restaurant outlets with 738 stores as at the end of 2017.

Management is maintaining its plan to open 100 new Xiabuxiabu restaurants per year over the next three years in order to meet its target of 1,000 stores by 2020.

The company has gradually expanded its business coverage to third- and fourth-tier cities.

Also, hotpot industry is undergoing consumption upgrade cycle.

We are positive on its attempt to tap into the mid- to high-end hotpot restaurant segment by upgrading its Xiabuxiabu restaurants to a “2.0 version” and developing a new brand - Coucou.

We maintain BUY with our DCF-derived target price of HK$17.78, equivalent to 26.3x 2018F PE.

http://www.xiabu.com/Archives/IndexArct ... ml?l=en-us

Source: UOBKH
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: Xiabuxiabu 0520

Postby winston » Thu Jul 19, 2018 10:14 am

not vested

Xiabuxiabu 呷哺呷哺(520 HK)

Xiabuxiabu has grown into the largest hotpot chain restaurant in China in terms of restaurant outlets with 738 stores as at the end of 2017.

Management is maintaining its plan of opening 100 new Xiabuxiabu restaurants per year over the next three years in order to meet its target of 1,000 stores by 2020.

The company has gradually expanded its business coverage to third- and fourth-tier cities.

Also, hotpot industry is undergoing consumption upgrade cycle.

We are positive on its attempt to tap into the mid- to high-end hotpot restaurant segment by upgrading its Xiabuxiabu restaurants to a “2.0 version” and developing a new brand - Coucou.

We maintain our DCF-derived target price of HK$17.78, equivalent to 26.3x 2018F PE.

http://www.xiabu.com/Archives/IndexArct ... ml?l=en-us

Source: UOBKH
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: 99943
Joined: Wed May 07, 2008 9:28 am


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