Yoma Strategic ( former Sea View Hotel )

Re: Yoma Strategic ( former Sea View Hotel )

Postby winston » Thu May 25, 2017 9:44 am

not vested

Yoma Strategic Holdings: Diversification efforts bearing fruit

Yoma’s 4QFY17 PATMI increased to S$24.1m, up from S$8.9m in the same period last year mostly due to higher fair value gains on investment properties and improved gross profit margins driven by the sales of residences and LDRs in 4QFY17 (as compared to mostly sale of buyback units in StarCity in 4QFY16).

In terms of the topline, FY2017 revenues increased 11.0% to S$124.2m. Notably, about 47% of revenues were attributed to the Yoma’s non real estate businesses which points to management’s diversification efforts bearing fruit.

Looking ahead, while the property market in Myanmar saw some softness over the year, management reports that the Yangon property market is showing mild signs of recovery and they remain cautiously optimistic about the sector.

In addition, the group will be opening its first KFC store in Mandalay in Jun 2017 and will increase its store count nationwide to 22 by the end of FY2018.

A final and final cash dividend of 0.25 S-cents per share has been proposed.

Source: OCBC
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Re: Yoma Strategic ( former Sea View Hotel )

Postby behappyalways » Thu May 25, 2017 5:57 pm

A $25.6 million fair value gain on Yoma’s investment properties was recorded, supported primarily by the progressive completion of Phase One of the group’s Dulwich International Schools, which are scheduled to be opened by end 2Q18.



Yoma FY17 earnings dip 3.5% to $35.9 mil on higher expenses
http://www.theedgemarkets.com.sg/yoma-f ... r-expenses
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Re: Yoma Strategic ( former Sea View Hotel )

Postby winston » Tue Jun 06, 2017 10:53 am

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Yoma Strategic Update
(YOMA SP, BUY, TP: SGD0.78, Market Cap: USD742m)
Roadshow Takeaways

We organised a recent investor roadshow with Yoma Strategic following the release of its full year results.

The key takeaway was the rapid scaling up of the non-real estate businesses, which now comprise 47% of the group’s topline.

Yoma has added a new product line in construction equipment to its auto platform, and plans to open another 10 KFC stores in the current FY.

Maintain BUY rating with unchanged SOP-based TP of SGD0.78 (32% upside).

Catalysts for the stock price would be a recovering real estate market and further non-core asset divestments.

Source: RHB
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Re: Yoma Strategic ( former Sea View Hotel )

Postby winston » Wed Jul 26, 2017 9:22 am

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Yoma Strategic Holdings: Good start to the year

Yoma’s 1QFY18 revenue grew 46.8% YoY to S$25.8m, while PATMI increased 54.0% YoY to S$2.8m.

Healthy top-line contribution was made by the sale of residences and LDRs, on the back of the group’s share of profits from the sales of residences in Galaxy Towers (StarCity Zone C) and additional share of profits in StarCity Zone B following its completion.

The group’s automotive & heavy equipment business also put in a good performance, with a 61.3% YoY growth to S$11.9m, on the back of healthy demand for its New Holland tractors and increased number of leased vehicles.

We note that the group’s efforts at diversification remain on track, with the non-real estate business comprising ~58.2% of revenue.

Management continues to see mild signs of recovery in the Yangon property market, which would hopefully gain further traction with economic development and urbanization.

Source: OCBC
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Re: Yoma Strategic ( former Sea View Hotel )

Postby winston » Thu Jul 27, 2017 11:11 am

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Yoma Strategic Holdings: Cautious optimism for the road ahead

Yoma’s 1QFY18 revenue grew 46.8% YoY to S$25.8m, bolstered by growth across various operating segments.

TOP-line was boosted by the group’s share of profits from the sales of residences in Galaxy Towers (StarCity Zone C), additional share of profits in StarCity Zone B, as well as from healthy demand for its New Holland tractors and increased number of leased vehicles.

Encouragingly, management’s efforts at diversification continue to remain on track, with the non-real estate business comprising ~58.2% of 1QFY18’s revenue.

Looking ahead, we note that management sees mild signs of recovery in the Yangon property market, while the group’s automotive & heavy equipment business is aligned to the government’s priorities.

After adjustments to our model, we increase our fair value estimate from S$0.54 to S$0.58. Maintain HOLD. (Joseph Ng)

Source: OCBC
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Re: Yoma Strategic ( former Sea View Hotel )

Postby winston » Fri Oct 27, 2017 9:15 am

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Yoma Strategic Holdings: Healthy 2QFY18 results

Yoma’s 2QFY18 revenue rose 32.9% YoY to S$33.1m, driven largely by growth in its Automotive & Heavy Equipment and Consumer businesses, which together contributed 54% of total revenue.

Notably, the group’s Automotive & Heavy Equipment business grew 109.9% YoY to S$14.6m on the back of healthy sales of its New Holland tractors.

The group’s Real Estate business was stable, with revenue from the sales of residences and land development rights driven primarily by StarCity.

Real Estate rental and services revenue was similar to that of 2QFY17, with the group starting to recognize leasing revenue from the two Dulwich International Schools in its investment properties portfolio.

Notwithstanding the above, PATMI fell 56.8% YoY to S$3.7m due largely to the absence of a S$14.7m fair value gain on the telecommunications towers investment which was recognized in 2QFY17.

Source: OCBC
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Re: Yoma Strategic ( former Sea View Hotel )

Postby winston » Tue Oct 31, 2017 8:15 am

Fried chickens & Tractors - Multiple businesses are picking momentum

Source: The Edge

https://www.theedgesingapore.com/fried- ... 1-87358173
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Re: Yoma Strategic ( former Sea View Hotel )

Postby behappyalways » Fri Nov 10, 2017 10:57 am

yoma-strategic-raises-82-mil-private-placement-fund-business
https://www.theedgesingapore.com/yoma-s ... d-business
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Re: Yoma Strategic ( former Sea View Hotel )

Postby behappyalways » Fri Feb 09, 2018 12:03 pm

Yoma Strategic's 3Q earnings surge to $16.8 mil on disposal of tourism business
https://www.theedgesingapore.com/yoma-s ... m-business
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Re: Yoma Strategic ( former Sea View Hotel )

Postby behappyalways » Fri Mar 16, 2018 9:50 am

Yoma acquiring 34% stake in Myanmar's Wave Money for $25.6 mil
https://www.theedgesingapore.com/yoma-a ... ey-256-mil
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