Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 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

Medical Beauty Plays in Hong Kong: Perfect/Water Oasis and Flameglow: A Better Retail Environment?

Water Oasis (1161 HK): Positive Profit Alert, Tailwind From HK Retail Rebound

Water Oasis (1161 HK) H1FY26: Service Revenue Growth Inflects And More Cash Gushes In

Parsing The Water Oasis (1161 HK) FY24 Profit Warning: Ex-One Offs Indicate Flat To Slight Growth

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

Water Oasis H1 FY25 Results: An Improvement In Profitability And Cash 90% of Market Capitalization

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

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>
<a href="https://www.smartkarma.com/entities/water-oasis-group-ltd" target="_blank" data-smartkarma-citation="entities:17348:1" rel="noopener">Water Oasis (1161 HK)</a> operating results were stable, with 1.5%/2.5% YoY sales/EBITDA growth in H2FY25 despite challenging market conditions.</li>
<li>Cash at 746 mn HKD now far exceeds the market capitalization at 632 mn HKD. The company alluded in its annual report to opportunities for M&amp;A to grow the business. </li>
<li>On clean profit numbers (excluding one-off losses on property revaluation), the stock trades at 5.0x PE and at a negative EV, with a 6.5% dividend yield (trailing). </li>
</ul>



Water Oasis (1161 HK) operating results were stable, with 1.5%/2.5% YoY sales/EBITDA growth in H2FY25 despite challenging market conditions.
Cash at 746 mn HKD now far exceeds the market capitalization at 632 mn HKD. The company alluded in its annual report to opportunities for M&amp;A to grow the business. 
On clean profit numbers (excluding one-off losses on property revaluation), the stock trades at 5.0x PE and at a negative EV, with a 6.5% dividend yield (trailing). 


Water Oasis (1161 HK) - Getting Silly, Cash Now 118% of Market Capitalization

Water Oasis Group

Water Oasis (1161 HK) - Getting Silly, Cash Now 118% of Market Capitalization