drbubb Posted October 8, 2007 Report Share Posted October 8, 2007 HK-listed Playmates (HK:635), a toy-maker & property owner HK-listed Playmates (HK:635), a toy-maker has three parts: + Toymaking division + Property-investing + Cash and Investments HK-635 / All Data ... Last: HK$1.13 - update to 5/23/2019 Playmates has a market cap of hk$917.5 million = 1.18 billion shs x hk$0.78 (Important note: shs. os per 12/2006 annual report: 1.86 billion) I value the pieces, as follows : + Toymaking division..... : HK$ 185 million (29% of hk$636 mn Revs. pa) + Property-investing...... : HK$1296 million (34x net oper. income of hk$38mn.) + Cash and Investments : HK$ 760 million (HK$821 mn. - HK$61 mn.) june'07 .. ................................ : ========== = Overall company total : HK$2,241 million :: Reported Book Value : HK$ 2,241 million :: hk$1.20 on 1.86bn shs (see details, below)Toymaking: Revenues, 6 mos. : hk$318 million w/ sector loss of hk$31.7mn in 6mos. (Toy business refers to the design, development, marketing and distribution of toys and family entertainment activity products) Property Sector: 100 Canton Road / Spa & Beauty: rent increased 25% in 2007 vs. 2006 McDonald Road Residential properties = valuation : hk$1,296 mn. (book value is: hk$1,296mn.) = income : hk$19mn (6 mos.) x 2 = hk$38 mn. Financial Assets: HK$ 522.3 mn - at 6/30/2007 (HSI was xx) Cash & Equiv.s. : HK$ 298.8 mn (less debt o/s..) ( HK$ 61.0 mn) Combined Total : HK$ 760.1 million Playmates Holdings Limited - Contact Us 21/F, The Toy House, 100 Canton Road, Tsimshatsui Kowloon, Hong Kong. Tel:, (852) 2377 7388. Fax:, (852) 2735 2058. IR Contact. Name:, Mr. Sidney To > Website: http://www.playmates.net/eng/global/home.htm > Annual Reports : http://www.playmates.net/eng/reports/2017.htm Link to comment Share on other sites More sharing options...
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