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Tam Tsai International: 22nd Annual report 2021 Universe
Tam Tsai International (02217) appoints Takeshi Takeshi as a non-executive director
Zhitong Financial APP News, Tan Tsai International (02217) announced that Tanaka Gongbo has resigned as a non-executive director, and Takeshi Takeshi has been appointed as a non-executive director, effective June 10, 2022.
The Hang Seng Ke Index rebounded 30% from its low level. How is the market going in the second half of the year?
As we all know, the economic performance of all countries was relatively weak under multiple influencing factors in the first half of 2022. Year-to-date overall gains in global stock markets have been poor, with only Turkey, Indonesia, the UK, Spain, Brazil and Thailand showing positive gains. The MSCI China, CSI 300 and Shenzhen Composite Index have all recorded a decline of about 20 per cent, while the NASDAQ Composite Index has fallen more than 20 per cent since 2022. The hang Seng technology index has rebounded by more than 30% since it hit an all-time low on March 15, showing resilience under the impact of external markets. What market will Hong Kong stocks go out in the second half of the year?
Changes in Hong Kong stocks | Catering stocks are collectively lower. Nai Xue's tea (02150) and 99 cents (09922) are all down more than 5%.
Catering stocks fell in the afternoon. As of press time, Nai Xue's tea (02150) fell 4.97% to HK $6.12, 99% (09922) fell 4.73% to HK $17.72, and Jiabu (00520) fell 3.86% to HK $3.74. Tam Tsai International (02217) fell 1.08% to HK $2.74. On the face of the news, Guojin Securities released a research report saying that the recovery intensity of catering continues to be in the doldrums, and the recovery intensity of takeout generally falls.
Tam Tsai International (02217) enters into Management Services Agreement with Donlido Hong Kong
Zhitong Financial APP News, Tam Tsai International (02217) announced that on May 31, 2022, the company entered into a management services agreement with Donlido Hong Kong (the controlling shareholder of the company) for a period from June 1, 2022 to May 31, 2023 (both dates inclusive). The group will provide management services to the Donlido Hong Kong Group, including assisting in stabilizing business operations; assisting in the business procurement process; providing expertise and knowledge sharing on improving frontline store operations; assisting in business marketing activities and providing marketing plans; providing general support services; and assisting in strengthening the implementation of the reporting system (collectively referred to as management).
Tan Tsai International (02217.HK): tough performance
Earnings Miss: Tam Jai International Co. Limited Missed EPS By 15% And Analysts Are Revising Their Forecasts
Tam Jai International Co. Limited (HKG:2217) missed earnings with its latest full-year results, disappointing overly-optimistic forecasters. Tam Jai International missed earnings this time aroun
Tan Tsai International (02217.HK): achieve tough performance under many challenges and reiterate "Buy"
Daiwa: reiterate Tam Tsai International's (02217) "buy" rating target price of HK $4
Zhitong Financial APP learned that Daiwa released a research report that reaffirmed Tan Tsai International's (02217) "buy" rating, with a target price of HK $4. As of the end of March this year, annual earnings and adjusted profits grew by 27% and 18%, demonstrating its resilience and flexibility. According to the report, the company's operations have gradually recovered, but the market atmosphere has not yet fully recovered, and there are still concerns about the conservative consumption of customers and the impact of the epidemic. Although the company has slowed down the pace of branch expansion in the mainland and affected store profitability, management expects the situation to return to normal in the coming months, with turnover in Shenzhen returning to the previous level of 60% and 70%, while Guangzhou
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