| 3rd reason why I am vested is bcoz I expect the full |   | ||
| year result to be much better than previous year. See table below. | |||
|   |   |   |   |
|   yearly | FY' 21 | FY' 22 | 1H' 23 |
| revenue | 225,703 | 319,008 | 228,816 |
| np | 14,446 | 15,984 | 9,380 |
|   |   |   |   |
| You may note that the revenue for FY' 22 is a big improvement over FY' 21. | |||
| For FY' 23, the half year revenue is already higher than FY' 21 |   | ||
|   |   |   |   |
| Similarly, the profit had jumped from S$14.4 mil for FY' 21  to S$15.9 mil for FY' 22. | |||
|   |   |   |   |
| Profit for half year 2023 is S$9.3 mil. So, it could be safe to conclude that FY' 23 | |||
| result is likely to be a huge improvement over FY' 22. |   | ||
| 2nd reason for being vested is bcoz company is  |
| trading near historical low. See below - |
|   |
| Price history |
|   |
| Current price  - 12.4 cts |
|   |
| 52 weeks low - 12.0 cts |
| 52 weeks high - 15.9 cts |
|   |
| 5 year low - 11.9 cts |
| 5 year high - 19.3 |
| 1 of the reasons why I am vested is bcoz of the high dividend yield. See below &hellip | ||||
|   |   |   |   |   |
| The dividends declared from year 2019 to 2022 add up to 6.5 cts for the 4 years. | ||||
| This gives an yearly average of 6.5/4 = 1.625 cts per share. Based on current price of 12.4 cts, | ||||
| the dividend yield is around 13.0%. See below: |   |   | ||
|   |   |   |   |   |
| Dividends History (Aspial Lifestyle) |   |   | ||
|   |   |   |   |   |
| Action Type | Ex Date | Record Date | Payment Date | Details |
| DIVIDEND | 3/10/2023 | 4/10/2023 | 22/11/2023 | 1 Cash Options |
| DIVIDEND | 6/4/2023 | 10/4/2023 | 20/4/2023 | SGD 0.004 |
| Dividend 2023 |   |   |   |   |
| DIVIDEND | 17/8/2022 | 18/8/2022 | 9/9/2022 | SGD 0.0065 |
| DIVIDEND | 11/3/2022 | 14/3/2022 | 24/3/2022 | SGD 0.006 |
| Dividend 2022 |   |   |   | 0.0125 |
| DIVIDEND | 17/8/2021 | 18/8/2021 | 26/8/2021 | SGD 0.0065 |
| DIVIDEND | 12/3/2021 | 15/3/2021 | 25/3/2021 | SGD 0.0145 |
| Dividend 2021 |   |   |   | 0.021 |
| DIVIDEND | 4/8/2020 | 5/8/2020 | 14/8/2020 | SGD 0.0115 |
| DIVIDEND | 15/6/2020 | 16/6/2020 | 23/6/2020 | SGD 0.0035 |
| DIVIDEND | 16/1/2020 | 17/1/2020 | 28/1/2020 | SGD 0.005 |
| Dividend 2020 |   |   |   | 0.02 |
| DIVIDEND | 14/10/2019 | 15/10/2019 | 25/10/2019 | SGD 0.005 |
| DIVIDEND | 24/5/2019 | 27/5/2019 | 6/6/2019 | SGD 0.0035 |
| DIVIDEND | 24/1/2019 | 25/1/2019 | 8/2/2019 | SGD 0.003 /sec |
| Dividend 2019 |   |   |   | 0.0115 |
Can' t tell whether the price will go up or come down.
Personally, i think the price shld go up, given the anticipated good results
in the 2nd half, which will include the results of the recent takeover - Lee Hua
and others.
Personally, i think the price shld go up, given the anticipated good results
in the 2nd half, which will include the results of the recent takeover - Lee Hua
and others.
share price still drop??????
| quarterly | 1H' 20 | 2H' 20 | 1H' 21 | 2H' 21 | 1H' 22 | 2H' 22 | 1H' 23 |
| revenue | 102,800 | 160,021 | 111,632 | 114,071 | 141,217 | 177,791 | 228,816 |
| np | 10,062 | 19,202 | 8,007 | 6,439 | 9,250 | 6,734 | 9,380 |
|   yearly | FY' 20 | FY' 21 | FY' 22 | 1H' 23 |
| revenue | 262,821 | 225,703 | 319,008 | 228,816 |
| np | 29,264 | 14,446 | 15,984 | 9,380 |
| From the above tables, it can be seen that the company had been profitable all these years. | ||||||
|   |   |   |   |   |   |   |
| The rvenue and profit trends have also been positive. |   |   |   | |||
|   |   |   |   |   |   |   |
| Company likely to report its best result this current financial year. |   |   | ||||
Business Outlook:
The Ministry of Trade and Industry (MTI) is maintaining 2023 GDP growth forecast at 0.5% to 2.5%1 with growth likely to come
in at around the mid-point of the range. Although Singapore is not expected to enter a recession this year, consumer sentiments
appear to have turned cautious amidst global uncertainties. Nevertheless, the retail and trading of jewellery and branded
merchandise business is expected to perform positively in 2H2023 due to pre-GST hike effect and year-end festive buying.
The integration of the newly acquired Jewellery business has enabled the Group to offer a wider range of goods and services across
a wider distribution network.
Barring any unforeseen circumstances, the Group expects to continue to grow its businesses and remain profitable for year 2023.
Above is taken from management comment on 1st half 2023
The Ministry of Trade and Industry (MTI) is maintaining 2023 GDP growth forecast at 0.5% to 2.5%1 with growth likely to come
in at around the mid-point of the range. Although Singapore is not expected to enter a recession this year, consumer sentiments
appear to have turned cautious amidst global uncertainties. Nevertheless, the retail and trading of jewellery and branded
merchandise business is expected to perform positively in 2H2023 due to pre-GST hike effect and year-end festive buying.
The integration of the newly acquired Jewellery business has enabled the Group to offer a wider range of goods and services across
a wider distribution network.
Barring any unforeseen circumstances, the Group expects to continue to grow its businesses and remain profitable for year 2023.
Above is taken from management comment on 1st half 2023
| quarterly | 1H' 20 | 2H' 20 | 1H' 21 | 2H' 21 | 1H' 22 | 2H' 22 | 1H' 23 |
| revenue | 102,800 | 160,021 | 111,632 | 114,071 | 141,217 | 177,791 | 228,816 |
| np | 10,062 | 19,202 | 8,007 | 6,439 | 9,250 | 6,734 | 9,380 |
| Above are half yearly results on revenue and net profits. |   | |||
| The revenue on 1H' 23 looks very good. 2nd half is likely to | ||||
| be just as good or better, as it take into consideration the recent | ||||
| acquisition of Lee Hua Jewellery n others. |   |   | ||
|   |   |   |   |   |
| For info only. Dyodd. |   |   |   | |
Price history:
Price at time of posting - 12.4
52 weels low - 12.0
52 weeks high - 15.9
5 year low - 11.9
5yearhigh - 19.3
Current price is trading near historical low.
Vested! Above for info only.
 
Price at time of posting - 12.4
52 weels low - 12.0
52 weeks high - 15.9
5 year low - 11.9
5yearhigh - 19.3
Current price is trading near historical low.
Vested! Above for info only.
 
| Dividends History (Aspial Lifestyle) |   |   | ||
|   |   |   |   |   |
| Action Type | Ex Date | Record Date | Payment Date | Details |
| DIVIDEND | 3/10/2023 | 4/10/2023 | 22/11/2023 | 1 Cash Options |
| DIVIDEND | 6/4/2023 | 10/4/2023 | 20/4/2023 | SGD 0.004 |
| Dividend 2023 |   |   |   |   |
| DIVIDEND | 17/8/2022 | 18/8/2022 | 9/9/2022 | SGD 0.0065 |
| DIVIDEND | 11/3/2022 | 14/3/2022 | 24/3/2022 | SGD 0.006 |
| Dividend 2022 |   |   |   | 0.0125 |
| DIVIDEND | 17/8/2021 | 18/8/2021 | 26/8/2021 | SGD 0.0065 |
| DIVIDEND | 12/3/2021 | 15/3/2021 | 25/3/2021 | SGD 0.0145 |
| Dividend 2021 |   |   |   | 0.021 |
| DIVIDEND | 4/8/2020 | 5/8/2020 | 14/8/2020 | SGD 0.0115 |
| DIVIDEND | 15/6/2020 | 16/6/2020 | 23/6/2020 | SGD 0.0035 |
| DIVIDEND | 16/1/2020 | 17/1/2020 | 28/1/2020 | SGD 0.005 |
| Dividend 2020 |   |   |   | 0.02 |
| DIVIDEND | 14/10/2019 | 15/10/2019 | 25/10/2019 | SGD 0.005 |
| DIVIDEND | 24/5/2019 | 27/5/2019 | 6/6/2019 | SGD 0.0035 |
| DIVIDEND | 24/1/2019 | 25/1/2019 | 8/2/2019 | SGD 0.003 /sec |
| Dividend 2019 |   |   |   | 0.0115 |
Just sharing ... vested. Dyodd