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My Personal Analysis of The Hour Glass
By My Sweet Retirement  •  September 27, 2015
The Hour Glass is in the simple business of selling luxury watches. They carry luxury brands like Patek Philippe, Rolex and Cartier etc. They have 41 boutiques in nine key cities throughout Asia. The Hour Glass has been accorded the ‘Best Watch Retail’ honours by Singapore Tatler in 2014. Similar companies in the luxury watches business are Sincere Watch (Hong Kong) Ltd and Cortina Holdings Limited. Market Capitalization The Hour Glass has a large market capitalization of estimated 500 million. Financials Over Last 5 Years At a glance into The Hour Glass FY15 Annual report, the company has a financially strong balance sheet. Increasing Revenue The Hour Glass revenue has increased over the last 5 years. Increasing Profits The Hour Glass profit after tax has increased over the last 5 years. Increasing Net Asset Value The Hour Glass Net Asset Value has also grown over the 5 years. Dividends The Hour ... ...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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