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

Water Oasis: FY23 Earnings a Preview, Trades at 11% Yield Post Correction

Water Oasis ( 1161 HK ) FY23 Results: Resilient Set Up For a >10% Yield in FY24

Shortlist Of 2024 High Conviction Ideas: Income, Value, and Margin of Safety

Shortlist Of High Conviction Ideas: Income, Value, and Margin of Safety - November 2023

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

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<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> just went ex-dividend on 6th Feb and is now trading at a 7.5x PE FY24e and a 10.7% dividend yield on trailing FY23 earnings.  </li>
<li>The company has refurbished its flagship stores, and we believe it can perform 8-9% better year over year for FY24 than FY23.</li>
<li>The company also has 230 mn HKD net cash (after netting dividends paid out), representing     26% of market capitalization.</li>
</ul>



Water Oasis (1161 HK) just went ex-dividend on 6th Feb and is now trading at a 7.5x PE FY24e and a 10.7% dividend yield on trailing FY23 earnings.  
The company has refurbished its flagship stores, and we believe it can perform 8-9% better year over year for FY24 than FY23.
The company also has 230 mn HKD net cash (after netting dividends paid out), representing     26% of market capitalization.


Water Oasis 1161 HK: Gone Ex-Dividend, Trading at 7.5x PE FY24 and an 11% Dividend Yield