Shares & Derivatives
5 Points I Learned from HRnetGroup AGM
By CS Jacky - 360 Wealth Management  •  May 2, 2018
HRnetGroup is the largest human resource recruitment agency in Asia (excluding Japan), with operations across 10 key cities such as Hong Kong, Beijing, Shanghai, Seoul, Taipei etc. It is also the largest player in Singapore according to Frost & Sullivan analysis in 2017. Its revenue and net profit derived from Singapore for FY17 is $298m and $37m respectively, while the second largest player Adecco, had revenue of $144m and net profit of $5.7m. As a newly listed company that just IPO-ed last June, it recently held its first ever AGM just last week. As a shareholder intrigued by its business model and growth prospect, I attended its AGM at SGX auditorium to find out more. Here are five key points that I learned from HRnetGroup FY17 AGM. 2017 Drop in NPAT Due to One Off Events HRnetGroup has been growing its Net Profit After Tax (NPAT) at a Compounded ......
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By CS Jacky - 360 Wealth Management
MAS dual-licensed stock remisier and financial adviser with Phillip Securities. Graduated with a Bachelor of Business Administration (Finance) from NUS. Bought first stock at the age of 22 and had been regularly investing in stock market since 2010. Select strong companies with good prospect trading at low valuation using a unique blend of fundamental, portfolio and technical analysis. Also invest in REITs for regular dividends.
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