Hi, I’m looking at QAF too. May I know how did you derive the pro forma earnings of $0.166?
Their earnings per share, excluding one off gains has been around $0.08 - $0.10 for the past few years, and if Rivelea is de-consolidated, should the EPS decrease? Thanks!
Reply to @lbs : No problem! :) this is a good platform to share and learn.
I will look to enter if QAF goes closer to $1. They are still expanding their bakeries’ capacity. And I agree with you, that it’s better for them to divest Rivalea, as it’s earnings has been volatile.
it really depends on the rivalea market demand for its ipo for the initial 'bang' effect
subsequently will be how rivalea makes use of the ipo proceeds to grow....
Hi, I’m looking at QAF too. May I know how did you derive the pro forma earnings of $0.166?
Their earnings per share, excluding one off gains has been around $0.08 - $0.10 for the past few years, and if Rivelea is de-consolidated, should the EPS decrease? Thanks!
Reply to @lbs : No problem! :) this is a good platform to share and learn.
I will look to enter if QAF goes closer to $1. They are still expanding their bakeries’ capacity. And I agree with you, that it’s better for them to divest Rivalea, as it’s earnings has been volatile.
I thought Rivalea will still be consolidated as QAF will retain control?
Reply to @bgting : I am thinking it might be totally divested in the future. Long term wise the business don't look that great