Value Investing in Asia, Oriental Value

Oriental Value

Value Investing in Asia

Equity Bottom-Up

Water Oasis Group Limited distributes exclusively ~H2O+ brand skin-care products in Hong Kong, Macau, Taiwan and China. The Company also operates spa centers under the Oasis Spa, Oasis Beauty, and Oasis Beauty Homme brand names.

<ul><li>Following the positive response to our article on Perfect Medical , we are keen to introduce our readers to another noteworthy company in the healthcare and beauty industry, Water Oasis.</li><li>Despite initial appearances suggesting sluggish revenue growth over the past decade, a deeper examination reveals significant improvements in business quality and consistent shareholder returns through substantial dividends.</li><li>This under-the-radar company, we believe, presents an attractive risk-reward profile.</li></ul>

Following the positive response to our article on Perfect Medical , we are keen to introduce our readers to another noteworthy company in the healthcare and beauty industry, Water Oasis.Despite initial appearances suggesting sluggish revenue growth over the past decade, a deeper examination reveals significant improvements in business quality and consistent shareholder returns through substantial dividends.This under-the-radar company, we believe, presents an attractive risk-reward profile.

Perfect Medical Health / Equity Bottom-Up

Perfect Medical Health Management (previously Perfect Shape Medical Limited) offers slimming and beauty treatments. The Company provides fat softens and dissolves services, laser freckle services, and other services. Perfect Shape Medical offers services in China.

<ul><li>The beauty industry is typically characterized as a small-scale, relationship-driven business.</li><li>Barrier to entry is low, but a few groups have successfully tapped the capital market and achieved a certain scale in order to provide delicate medical beauty treatments, where trust by the customers is essential.</li><li>They have harnessed the societal obsession with a particular standard of beauty, amplified by the influence of social media and advertisements, and have reaped substantial profits.</li></ul>

The beauty industry is typically characterized as a small-scale, relationship-driven business.Barrier to entry is low, but a few groups have successfully tapped the capital market and achieved a certain scale in order to provide delicate medical beauty treatments, where trust by the customers is essential.They have harnessed the societal obsession with a particular standard of beauty, amplified by the influence of social media and advertisements, and have reaped substantial profits.

Perfect Medical - 1830 HK - Beauty Is Money

Activation Group Holdings / Equity Bottom-Up

Activation Group Holdings Limited provides integrated marketing solutions. The Company offers experiential marketing, digital and brand communication, public relations services, and other services. Activation Group Holdings provides services in China.

<ul><li>Activation Group (9919 HK) unveiled its first-half financial results for 2023 on August 10th, 2023.</li><li>In this article, we will provide an overview of Activation's performance during this period and share thoughts on its future prospects.</li><li>The Experiential Marketing segment recorded a full recovery, reaching RMB 280 million, surpassing the 2021 H1 level of RMB 276 million.</li></ul>

Activation Group (9919 HK) unveiled its first-half financial results for 2023 on August 10th, 2023.In this article, we will provide an overview of Activation's performance during this period and share thoughts on its future prospects.The Experiential Marketing segment recorded a full recovery, reaching RMB 280 million, surpassing the 2021 H1 level of RMB 276 million.

An Update on 2023H1 Results of Activation Group (9919 HK)

Taste Gourmet Group Limited operates as a holding company. The Company, through its subsidiaries, manages a chain of restaurants. Taste Gourmet Group serves clients worldwide.

<ul><li>With that out of the way, let’s dive into Taste Gourmet, a catering group listed in the secondary market (or GEM board) of the Hong Kong Stock Exchange.</li><li>Catering is usually a business with little moat, characterised by low barriers to entry. </li><li>While some brands are widely recognizable, humans generally want to devour something different each day, therefore it is an everyday struggle for restaurants to stand out among competition.</li></ul>

With that out of the way, let’s dive into Taste Gourmet, a catering group listed in the secondary market (or GEM board) of the Hong Kong Stock Exchange.Catering is usually a business with little moat, characterised by low barriers to entry. While some brands are widely recognizable, humans generally want to devour something different each day, therefore it is an everyday struggle for restaurants to stand out among competition.

Oriental Watch Holdings Limited, through its subsidiaries, trades watches and invests in properties.

<ul>
<li>A Review on Final Results Oriental Watch recently announced its earnings for the fiscal year, and the results were quite impressive.</li>
<li>On June 20, 2023, the company reported a revenue of HKD3.7 billion and a net profit of HKD295 million.</li>
<li>These figures surpassed our initial estimates of HKD3.</li>
</ul>


A Review on Final Results Oriental Watch recently announced its earnings for the fiscal year, and the results were quite impressive.
On June 20, 2023, the company reported a revenue of HKD3.7 billion and a net profit of HKD295 million.
These figures surpassed our initial estimates of HKD3.
