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

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

Taste Gourmet (8371 HK): 6.5x PE, 8.5% Div Yield/Tailwinds From An Improving HK Retail Environment

Taste Gourmet FY26: Profit Surges 23% YoY, 9% Trailing Dividend Yield, And 37% Of Mkt Cap In Cash

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

Perfect Medical (1830 HK): Cost-Cutting Initiatives Bearing Fruit, Demand Recovery Needs Monitoring

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

Perfect Medical (1830 HK): Postcard from Hong Kong, October 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>We follow up on our insight <a href="https://www.smartkarma.com/insights/water-oasis-1161-hk-getting-silly-cash-now-118-of-market-capitalization" target="_blank" data-smartkarma-citation="insights:215712" rel="noopener">Water Oasis (1161 HK) - Getting Silly, Cash Now 118% of Market Capitalization</a>, with the company now reporting a positive profit alert for H1FY26.</li>
<li>Tailwinds from a pickup in retail demand bode well for the company, indicating a 23-30% YoY increase in H1FY26 profits (68 Mn-72 Mn HKD). </li>
<li>Annualizing the lower end of guidance (profits are not seasonal) implies the stock trades at 5x PE with 10% dividend yield (on a lower payout ratio of 50%).</li>
</ul>


We follow up on our insight Water Oasis (1161 HK) - Getting Silly, Cash Now 118% of Market Capitalization, with the company now reporting a positive profit alert for H1FY26.
Tailwinds from a pickup in retail demand bode well for the company, indicating a 23-30% YoY increase in H1FY26 profits (68 Mn-72 Mn HKD). 
Annualizing the lower end of guidance (profits are not seasonal) implies the stock trades at 5x PE with 10% dividend yield (on a lower payout ratio of 50%).


Perfect Medical Health Management (1830 HK)

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

Water Oasis Group

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