Author Topic: 0703.HK - Future Bright Holdings  (Read 65857 times)

Genyi

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Re: 0703.HK - Future Bright Holdings
« Reply #150 on: August 10, 2019, 11:33:38 PM »
The Yellow House has been rented out for 8 years !

https://innovo.etnet.com.hk/eng/ca_calendar.php

On this link, you will also find a new loss alert for the quarter ending 30 june 2019. The loss for the second quarter is 52.1 HK$’million, of which 21.1 is a net fair value loss in the valuation of the Yellow House. (It is not clear if this devaluation was done in response to the new tenant agreement, or had been established already before that).

The restaurant operation results show a mixed picture. They provide many statistics in the loss alert. In my opinion, it does not look good, however not terrible either.

At the end, more details about the Hengqin Island property are provided. Nothing concrete here, but there seems to be some movement at least.


Laxputs

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Re: 0703.HK - Future Bright Holdings
« Reply #151 on: August 13, 2019, 07:55:26 AM »
Thanks for that.