$HAIDILAO(06862)$Analysts pointed that closing 300 stores will work in Hai Di Lao’s strength. Maintain high revenues, profit margin, significantly lower operation expenditures. It is a business that I will want to own at this point of time for next few years, so why wouldn’t I buy the stock at bottom (current price).
$HAIDILAO(06862)$Perfect bottom and delicious entry point again. Do you trust the richest man in Singapore will not turn the tide around at lowest point? It’s all in his book and plan
$HAIDILAO(06862)$’Woodpecker’ plan to maximize revenue and success for Hai Di Lao in long run. Well thought and strategic move by the management team. The existing rapid expansion allows them to measure effective at scale which outlet is profitable, and which not. Keep the winners, shrink the losers, I can already imagine their book and bill by 2022 year end.