(Stocks Discussion) SGX: Koufu Group Limited (SGX: VL6)?
Discuss anything about share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell this stock on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment!
Content Creator at www.youtube.com/c/JustBeingErnest
Koufu recently released their quarterly results in November 2019.
So far the numbers are looking go and their expansion plans to Macau will bode well due to recent actions by China in wanting to make Macau a backup financial hub for hong kong. Most likely more people will visit Macau now.
Rather invest in the shopping centres that lease foodcourt space to koufu than koufu itself. F&B tend to have high fixed overhead costs that increases anually (salaries, rental etc), while variable expenses such as food ingredient fluctuates.