Shares & Derivatives
Straco’s Aquariums adjusts ticket prices upwards
By Investment Moats  •  April 16, 2015
The last report on Straco was the full year results, with a maiden contribution from the Singapore Flyer. Back then the share price still hovers around $0.75 and with a projection of $12 mil full year contribution in GOW (Singapore Flyer) profits, the PE is around 11 times on SG$ 54 mil forward projected earnings. Current Price: SG$ 0.93 Outstanding Shares: 869 mil Market Cap:  $808 mil In CIMB’s 2015 Mar report, it was mentioned that Straco usually raise ticket prices every 2 to 3 years and they estimate raising the ticket prices by 15%. A check on the price announcement on SOA and UWX shows that the price changes seem to be official. Since the price changes is so near the ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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