Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 15 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Shortlist Of High Conviction Ideas: Income, Value, and Margin of Safety - February 2025

Shortlist Of High Conviction Ideas: Income, Value, and Margin of Safety - March 2025

Shortlist Of High Conviction Ideas: Income, Value, and Margin of Safety - January 2025

Taste Gourmet (8371 HK): H1 FY25 Earnings Preview, 4.5x PE with 12% Yield

Taste Gourmet (8371 HK): Resilient H1 FY25: Cash Now 35% of Market Cap

Dream International (1126 HK): Updates Postcard From Hong Kong

Perfect Medical (1830 HK) H1 FY25 Earnings: Resilient Yield Despite Weak HK Sentiment

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li><span>We present our outlook for <a href="https://www.smartkarma.com/entities/taste-gourmet-group-ltd" target="_blank" rel="noopener">Taste Gourmet's (8371 HK)</a> FY25 earnings, which will be announced in mid-June. We estimate revenue growth of 21% and net profit growth of 13%.</span></li>
<li>The mainboard listing catalyst is still in play with the company at the query stage with the SFC <a href="https://www.smartkarma.com/insights/taste-gourmet-8371-hk-gem-to-mainboard-listing-catalyst-in-play" target="_blank" data-smartkarma-citation="insights:151497" rel="noopener">Taste Gourmet (8371 HK): GEM to Mainboard Listing Catalyst in Play</a>.</li>
<li>Based on our earnings preview, the stock trades at 5.5x FY25PE, 2x EV-EBITDA, with 35% of the market cap in cash and a 10% dividend yield. </li>
</ul>


We present our outlook for Taste Gourmet's (8371 HK) FY25 earnings, which will be announced in mid-June. We estimate revenue growth of 21% and net profit growth of 13%.
The mainboard listing catalyst is still in play with the company at the query stage with the SFC Taste Gourmet (8371 HK): GEM to Mainboard Listing Catalyst in Play.
Based on our earnings preview, the stock trades at 5.5x FY25PE, 2x EV-EBITDA, with 35% of the market cap in cash and a 10% dividend yield. 


Taste Gourmet (8371 HK): FY25 Earnings Preview, 5.5x PE, 2x EV-EBITDA and 10% Dividend Yield