股市| Elsoft (0090) Penang Butterfly Farm ~ Entopia

旅游业有得做吗？尤其是投资Butterfly farm。。。有人说Elsoft老板‘不务正业’。哈哈哈。

个人觉得宣传做的够，Farm维持得好，加上槟城是旅游区，旅游客进场的可能性会提高。

这是蝴蝶园关闭装修前的资讯。大人票价RM27，持有Mykad的有33%折扣。。不便宜，给这样的价钱进场，会希望物有所值。

看起来不错，还分成5个小区域。

按进去www.butterfly-insect.com后就出现以下网页。原来网页也来个大翻修！还改名称Entopia。

看图片貌似很先进哦～ 

4-5月开张，有机会去槟城，一定要去参观一下。公司的目标是ROI 20%，让我们拭目以待吧，呵呵。

Kenanga research : Butterfly farm venture. Recall that the group has invested RM3.6m for a 21% stake in the new Penang Butterfly farm (before the RM8.4m RCPS which has an 8% coupon). The new Butterfly farm is slated for opening in April/May 2016. Although there was no earnings guidance from the management, we understand that the management is targeting for 20% Return on Investment from the RM3.6m investment, implying associate earnings contribution of RM0.7m annually. We have yet to incorporate this into our earnings estimates.