$Old Chang Kee(5ML.SI) One of the very first criteria when I shortlist a list of companies to possibly invest in is that, the business should be one where I can understand. Old Chang Kee is one company where its business is easy to understand - it is the maker of the famous curry puff, where it has outlets sprinkled all across Singapore.
Next, I will dive in to look at the company's financial results, debt profile, along with dividend payouts - to make sure that the company has displayed growth in its top- and bottom-line over the years, not overly leveraged, and at the same time, able to at least sustain their current dividend payout in the near-term - all of which I will be looking at in my write-up about the company today.
Not only that, I'll also be sharing some simple technical analysis about the company's share price movements over the years, along with my personal opinion of the company's growth prospects in the years ahead.
Hope you'll find my write-up today useful... :)
On a side note, I will be taking a short break from Thursday (12 December), till Sunday (15 December) to celebrate me and my wife's 10th wedding anniversary. I'll be back with more write-ups when I'm back in front of my computer next week... Till then, I wish everyone a great investing/trading week ahead!
Company Focus: Old Chang Kee Limited (SGX:5ML) – The Singaporean Investor
Ask any Singaporean, they will be able to identify the brand