Straco -- gem?

Can anyone enlighten me on the key risks of this business? It's the only biz on SGX, quite an interesting play on the Chinese consumer and rising middle-income wealth. I can see the risk of its fish kena disease, but I think this is something that they would have prevention measures for. It's the most obvious thing they have to constantly address, so I am not so worried.

An unpredictable risk is the emergence of another major aquarium, with more interesting exhibits and and a host of events/ related attractions that can make Straco's relatively boring.

Ok, that's it for the time being. Pls share your views on the risks.

Company will release 3Q results after market closes today. Trading volume is pretty good at over 400,000 shares today but no change in price at 25 cents. I guess next week onwards, company will resume share buyback.

When people don't understand a business, this is how they write the headline. See above. They get distracted by forex.....while the real business on the ground is fantastic.

The crowds got bigger, they paid more in ticket price, the cash flow was a flood headed straight to the bank account, etc.


Revenue: Up 19.3% to S$21.30 million.

Combined visitor numbers: Up 8.9% to 947,000.

net cash from operations: Up 21% to $23.16 million.

cash balance Up 11% to $91.29 million

net assets value: Up 3.8% to 15.11 cents per share

Light trading, closing at 24.5 cents. No dumping of shares, would be stoopid to sell at this price level. imho.

STRACO closed at 26 cents today on just 30,000 shares traded. After market closed, company said it bougth 20,000 shares. 

Today 100,000 shares traded at 25.5 & 26 cents, all 100K shares were bought by the company.