Straco -- gem?

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9 years 1 month ago #22119 by pine
Replied by pine on topic Straco -- gem?
If anyone is going to the AGM, pls ask about the plans for the Singapore Flyer + the current situation. There is a dearth of info on this asset although it's possible that it will be a profit contributor in Year 1 already.

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9 years 3 weeks ago - 9 years 3 weeks ago #22127 by min1xyz
Replied by min1xyz on topic Straco -- gem?
Pix fr AGM today. Interesting insights into Singapore Flyer.



CFO Amos Ng (right).

Pic below can be enlarged with a double click.

Last edit: 9 years 3 weeks ago by min1xyz.

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9 years 3 weeks ago #22128 by sykn
Replied by sykn on topic Straco -- gem?
Hi, would you be able to briefly share any highlights of what was said about the Flyer, for the benefit of the rest of us who were not able to attend? Thanks so much.

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9 years 3 weeks ago - 9 years 3 weeks ago #22130 by Rock
Replied by Rock on topic Straco -- gem?
My observation on Straco AGM:

1. Singapore Flyer is profitable since day one after taking over without incuring any start-up cost.

2. Singapore Flyer is now on consolidation phrase and the new management are in no hurry to make changes. The new management prefer to let everything to settle down before making any changes.

3. The management review that they had done their homework and has interesting plan for the inprovement on The Flyer.

4. The Flyer new management will reveal the plan for The Singapore Flyer in a few months time and they seem very excited about it.

5. Straco management are already working closely on the new plan with the Singapore Tourism Board and the Goverment bodies for the success of The Singapore Flyer because the Flyer is a prominent feature of the Singapore skyline to attract tourists to Singapore.

My conclusion base on my observation are Singapore Flyer is a wonderful catch by Straco. They have interesting plan in place to inprove the Singapore Flyer and they seem very confidence. They have good working relation with STB and the Goverment bodies. So be patient and wait for the news for the Singapore Flyer. This afternoon Straco already show some interest and share price increased by 4.5 cents on above average volume.
Last edit: 9 years 3 weeks ago by Rock.
The following user(s) said Thank You: sykn

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9 years 3 weeks ago #22137 by min1xyz
Replied by min1xyz on topic Straco -- gem?
Dear sykn: Rock has some sharing in the post above, and now Mano, in this article: www.nextinsight.net/index.php/story-arch...-agri-global-invacom

NextInsight will hv its own report sometime next week. Cheers

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9 years 3 weeks ago #22146 by pine
Replied by pine on topic Straco -- gem?
This company is about to touch S$1-billion market cap. Just a bit more ...$1.16..., and it will be a S$1 B company, well deserved.

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