Shares & Derivatives
Recent Action – Kingsmen Creative (2) & Q2 FY15 Results Thoughts
By A Path to Forever Financial Freedom (3Fs)  •  August 14, 2015
Kingsmen Creative had recently announced their Q2 FY15 results and I used these opportunities in recent times to average down on the shares after maidenly buying their shares about a month ago (you can view here). I added 21,000 shares at an average price of $0.91 into my existing portfolio during the last couple of transactions after the share price seen some weaknesses. The Q2 results are disappointing for sure, with revenue segment, especially for the Retail & Interiors segment taking a big hit, with luxury sectors taking a slowdown globally. The Exhibitions and Museums remain the highlight for the company's business, especially after Singapore held their 28th SEA Games and a couple of new themes coming up such as the Kidzania concept up and coming in Sentosa. The management did concede that the bidding for the luxury segment was going to be more competitive in the future, ......
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By A Path to Forever Financial Freedom (3Fs)
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