Declared Dividend • May 29
First half dividend increased to HK$0.05 Dividend of HK$0.05 is 43% higher than last year. Ex-date: 12th June 2026 Payment date: 3rd July 2026 Dividend yield will be 6.3%, which is higher than the industry average of 5.9%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • May 27
New major risk - Revenue and earnings growth Earnings have declined by 7.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (HK$775.8m market cap, or US$99.0m). Announcement • May 13
Water Oasis Group Limited to Report First Half, 2026 Results on May 26, 2026 Water Oasis Group Limited announced that they will report first half, 2026 results on May 26, 2026 Recent Insider Transactions • Mar 13
CEO & Executive Director recently bought HK$364k worth of stock On the 9th of March, Siu Kei Tam bought around 396k shares on-market at roughly HK$0.92 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.4m. Siu Kei has been a buyer over the last 12 months, purchasing a net total of HK$3.4m worth in shares. Recent Insider Transactions • Mar 06
CEO & Executive Director recently bought HK$1.4m worth of stock On the 27th of February, Siu Kei Tam bought around 1m shares on-market at roughly HK$0.96 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Siu Kei has been a buyer over the last 12 months, purchasing a net total of HK$3.0m worth in shares. Upcoming Dividend • Jan 26
Upcoming dividend of HK$0.025 per share Eligible shareholders must have bought the stock before 02 February 2026. Payment date: 02 March 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 6.5%. Lower than top quartile of Hong Kong dividend payers (6.8%). In line with average of industry peers (7.1%). Declared Dividend • Dec 17
Final dividend of HK$0.025 announced Shareholders will receive a dividend of HK$0.025. Ex-date: 2nd February 2026 Payment date: 2nd March 2026 Dividend yield will be 6.5%, which is higher than the industry average of 5.9%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Dec 16
Full year 2025 earnings released Full year 2025 results: Revenue: HK$981.3m (flat on FY 2024). Net income: HK$81.3m (up 19% from FY 2024). Profit margin: 8.3% (up from 6.9% in FY 2024). Announcement • Dec 15
Water Oasis Group Limited, Annual General Meeting, Jan 20, 2026 Water Oasis Group Limited, Annual General Meeting, Jan 20, 2026. Announcement • Nov 19
Water Oasis Group Limited to Report Fiscal Year 2025 Results on Dec 15, 2025 Water Oasis Group Limited announced that they will report fiscal year 2025 results on Dec 15, 2025 Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Johnnie Casire Chan was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • Sep 17
CEO & Executive Director recently bought HK$432k worth of stock On the 10th of September, Siu Kei Tam bought around 480k shares on-market at roughly HK$0.90 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Siu Kei has been a buyer over the last 12 months, purchasing a net total of HK$3.2m worth in shares. Reported Earnings • Jun 03
First half 2025 earnings released: EPS: HK$0.082 (vs HK$0.059 in 1H 2024) First half 2025 results: EPS: HK$0.082 (up from HK$0.059 in 1H 2024). Revenue: HK$492.2m (down 2.2% from 1H 2024). Net income: HK$55.7m (up 39% from 1H 2024). Profit margin: 11% (up from 8.0% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year. Declared Dividend • May 31
First half dividend of HK$0.035 announced Shareholders will receive a dividend of HK$0.035. Ex-date: 13th June 2025 Payment date: 4th July 2025 Dividend yield will be 5.3%, which is lower than the industry average of 5.9%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 50% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.8% EPS decline seen over the last 5 years. Announcement • May 30
Water Oasis Group Limited Announces Ordinary Interim (Semi-Annual) Dividend for the Period Ended 31 March 2025, Payable on 04 July 2025 Water Oasis Group Limited announced Ordinary interim (Semi-annual) dividend for the period ended 31 March 2025 of HKD 0.035 per share. Ex-dividend date is 13 June 2025. Record date is 18 June 2025. Payment date is 04 July 2025. Announcement • May 13
Water Oasis Group Limited to Report First Half, 2025 Results on May 28, 2025 Water Oasis Group Limited announced that they will report first half, 2025 results on May 28, 2025 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.07, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 9x in the Consumer Services industry in Hong Kong. Total loss to shareholders of 3.9% over the past three years. Recent Insider Transactions • Apr 13
CEO & Executive Director recently bought HK$61k worth of stock On the 7th of April, Siu Kei Tam bought around 76k shares on-market at roughly HK$0.80 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth HK$1.4m. Siu Kei has been a buyer over the last 12 months, purchasing a net total of HK$1.7m worth in shares. Recent Insider Transactions • Feb 22
CEO & Executive Director recently bought HK$276k worth of stock On the 17th of February, Siu Kei Tam bought around 300k shares on-market at roughly HK$0.92 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.0m. Siu Kei has been a buyer over the last 12 months, purchasing a net total of HK$1.6m worth in shares. Recent Insider Transactions • Feb 19
CEO & Executive Director recently bought HK$1.0m worth of stock On the 11th of February, Siu Kei Tam bought around 1m shares on-market at roughly HK$0.93 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Siu Kei has been a buyer over the last 12 months, purchasing a net total of HK$1.3m worth in shares. Upcoming Dividend • Jan 20
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 27 January 2025. Payment date: 25 February 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Hong Kong dividend payers (8.0%). Lower than average of industry peers (6.5%). Recent Insider Transactions • Jan 05
CEO & Executive Director recently bought HK$83k worth of stock On the 30th of December, Siu Kei Tam bought around 104k shares on-market at roughly HK$0.80 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$881k. Siu Kei has been a buyer over the last 12 months, purchasing a net total of HK$324k worth in shares. Recent Insider Transactions • Dec 25
Co-Founder & Executive Director recently bought HK$881k worth of stock On the 17th of December, Lai Chu Yu bought around 1m shares on-market at roughly HK$0.78 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$6.4m worth in shares. Declared Dividend • Dec 19
Final dividend of HK$0.02 announced Shareholders will receive a dividend of HK$0.02. Ex-date: 27th January 2025 Payment date: 25th February 2025 Dividend yield will be 7.1%, which is higher than the industry average of 5.9%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 39% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.7% EPS decline seen over the last 5 years. Announcement • Dec 18
Water Oasis Group Limited Proposes Final Dividend for the Year Ended September 30, 2024, Payable on 25 February 2025 Water Oasis Group Limited proposed Ordinary final Dividend of HKD 0.02 per share for the year ended 30 September 2024. Ex-dividend date 27 January 2025. Record date 10 February 2025. Payment date 25 February 2025. Date of shareholders' approval 20 January 2025. Reported Earnings • Dec 17
Full year 2024 earnings released Full year 2024 results: Revenue: HK$983.2m (flat on FY 2023). Net income: HK$68.3m (down 38% from FY 2023). Profit margin: 6.9% (down from 11% in FY 2023). Announcement • Dec 17
Water Oasis Group Limited, Annual General Meeting, Jan 20, 2025 Water Oasis Group Limited, Annual General Meeting, Jan 20, 2025. New Risk • Dec 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (HK$431k sold). Market cap is less than US$100m (HK$612.5m market cap, or US$78.8m). Announcement • Nov 27
Water Oasis Group Limited to Report Fiscal Year 2024 Results on Dec 16, 2024 Water Oasis Group Limited announced that they will report fiscal year 2024 results on Dec 16, 2024 New Risk • Sep 20
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$5.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (HK$5.1m sold). Market cap is less than US$100m (HK$598.9m market cap, or US$76.9m). Recent Insider Transactions • Aug 28
Co-Founder & Executive Director recently bought HK$5.1m worth of stock On the 22nd of August, Lai Chu Yu bought around 6m shares on-market at roughly HK$0.85 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$5.2m worth in shares. Buy Or Sell Opportunity • Jul 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to HK$0.93. The fair value is estimated to be HK$1.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 4.4%. Recent Insider Transactions • Jun 27
Independent Non-Executive Director recently bought HK$98k worth of stock On the 20th of June, Lung Tak Wong bought around 100k shares on-market at roughly HK$0.98 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$321k. Despite this recent purchase, insiders have collectively sold HK$2.0m more in shares than they bought in the last 12 months. Buy Or Sell Opportunity • Jun 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to HK$0.95. The fair value is estimated to be HK$1.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 4.4%. Recent Insider Transactions • Jun 19
Independent Non-Executive Director recently bought HK$321k worth of stock On the 13th of June, Lung Tak Wong bought around 318k shares on-market at roughly HK$1.01 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$2.3m more in shares than they bought in the last 12 months. Recent Insider Transactions • Jun 06
Independent Non-Executive Director recently bought HK$107k worth of stock On the 30th of May, Chun Nam Wong bought around 100k shares on-market at roughly HK$1.07 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$2.8m more in shares than they bought in the last 12 months. Declared Dividend • Jun 01
First half dividend reduced to HK$0.035 Dividend of HK$0.035 is 50% lower than last year. Ex-date: 13th June 2024 Payment date: 4th July 2024 Dividend yield will be 10.0%, which is higher than the industry average of 5.9%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is well covered by cash flows (26% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control, which is more than the 1.3% EPS growth achieved over the last 5 years. New Risk • May 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$721.4m (US$92.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (102% payout ratio). Market cap is less than US$100m (HK$721.4m market cap, or US$92.3m). Announcement • May 30
Water Oasis Group Limited Announces Interim (Semi-Annual) Dividend for the Financial Year End 30 September 2024, Payable on July 4, 2024 Water Oasis Group Limited announces interim (semi-annual) dividend of HKD 0.035 per share for the financial year end 30 September 2024. Ex-dividend date 13 June 2024, Record date 18 June 2024 and Payment date 04 July 2024. Announcement • May 18
Water Oasis Group Limited Provides Consolidated Earnings Guidance for the Six Months Period Ended 31 March 2024 Water Oasis Group Limited provided consolidated earnings guidance for the six months period ended 31 March 2024. For the period, the Group expects to record a lower net profit attributable to the Shareholders of not less than HKD 40.0 million as compared to approximately HKD 57.1 million for the six months period ended 31 March 2023. Such decrease was mainly due to: increase in staff costs attributable to high-performing staff retention initiatives; increase in marketing expenses attributable to investments in high-profile, high-impact advertising campaigns designed to enhance the Group's brand image; and the recognition of non-cash goodwill impairment of approximately HKD 11.4 million. To enhance the Group profitability, the Group will focus on retail selling of HABA products, a line of high quality skincare and beauty products originating from Japan, in Hong Kong and not to extend the distributor rights of HABA products in Mainland China attributable to underwhelming performances. Announcement • May 16
Water Oasis Group Limited to Report First Half, 2024 Results on May 29, 2024 Water Oasis Group Limited announced that they will report first half, 2024 results on May 29, 2024 Upcoming Dividend • Jan 30
Upcoming dividend of HK$0.07 per share at 10.0% yield Eligible shareholders must have bought the stock before 06 February 2024. Payment date: 29 February 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 10.0%. Within top quartile of Hong Kong dividend payers (8.6%). Higher than average of industry peers (5.7%). Recent Insider Transactions • Jan 26
Co-Founder & Executive Director recently bought HK$75k worth of stock On the 22nd of January, Lai Chu Yu bought around 56k shares on-market at roughly HK$1.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$3.1m worth in shares. Reported Earnings • Dec 16
Full year 2023 earnings released: EPS: HK$0.16 (vs HK$0.099 in FY 2022) Full year 2023 results: EPS: HK$0.16 (up from HK$0.099 in FY 2022). Revenue: HK$976.6m (up 16% from FY 2022). Net income: HK$110.3m (up 64% from FY 2022). Profit margin: 11% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year. Announcement • Dec 16
Water Oasis Group Limited, Annual General Meeting, Feb 02, 2024 Water Oasis Group Limited, Annual General Meeting, Feb 02, 2024. Agenda: To propose final dividend. Announcement • Nov 29
Water Oasis Group Limited Provides Group Earnings Guidance for the Year Ended 30 September 2023 Water Oasis Group Limited provides group earnings guidance for the year ended 30 September 2023. For the year, the Group is expected to record a profit between HKD 95 million and HKD 115 million, as compared to that of approximately HKD 66.9 million for the year ended 30 September 2022 (‘Last Financial Year’). Such increase in profit for the year is mainly due to an increase in revenue from the Group's beauty businesses and the absence of derecognition on receivable. Announcement • Nov 28
Water Oasis Group Limited to Report Fiscal Year 2023 Results on Dec 15, 2023 Water Oasis Group Limited announced that they will report fiscal year 2023 results on Dec 15, 2023 Recent Insider Transactions • Jun 05
Co-Founder & Executive Director recently bought HK$2.5m worth of stock On the 30th of May, Lai Chu Yu bought around 2m shares on-market at roughly HK$1.56 per share. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$6.9m worth in shares. Reported Earnings • May 30
First half 2023 earnings released: EPS: HK$0.084 (vs HK$0.039 in 1H 2022) First half 2023 results: EPS: HK$0.084 (up from HK$0.039 in 1H 2022). Revenue: HK$492.0m (up 27% from 1H 2022). Net income: HK$57.2m (up 115% from 1H 2022). Profit margin: 12% (up from 6.8% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year. Announcement • May 30
Water Oasis Group Limited Announces Interim Dividend for the Six Months Ended 31 March 2023, Payable on 03 July 2023 Water Oasis Group Limited announced interim dividend of HKD 0.07 per share for the period ended 31 March 2023. Ex-dividend date is 12 June 2023; Record date is 15 June 2023; Payment date is 03 July 2023. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to HK$1.36, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 9x in the Consumer Services industry in Hong Kong. Total returns to shareholders of 101% over the past three years. Buying Opportunity • May 29
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be HK$1.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 13%. Upcoming Dividend • Feb 07
Upcoming dividend of HK$0.075 per share at 4.6% yield Eligible shareholders must have bought the stock before 14 February 2023. Payment date: 06 March 2023. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Hong Kong dividend payers (8.0%). Higher than average of industry peers (3.4%). Reported Earnings • Dec 17
Full year 2022 earnings released: EPS: HK$0.099 (vs HK$0.25 in FY 2021) Full year 2022 results: EPS: HK$0.099 (down from HK$0.25 in FY 2021). Revenue: HK$841.9m (up 1.4% from FY 2021). Net income: HK$67.4m (down 60% from FY 2021). Profit margin: 8.0% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Nov 28
Water Oasis Group Limited to Report Fiscal Year 2022 Final Results on Dec 16, 2022 Water Oasis Group Limited announced that they will report fiscal year 2022 final results on Dec 16, 2022 Announcement • Nov 24
Water Oasis Group Limited Provides Group Earnings Guidance for 2022 Water Oasis Group Limited Announced that the Group will record profit for the year in the range of approximately HKD 60 million to HKD 70 million for the Reporting Year as compared to approximately HKD 170 million for the Last Financial Year. Such decrease in profit for the year was mainly due to: a fall in revenue from the beauty service segment as a result of the compulsory closure of beauty centers in Hong Kong imposed by the Hong Kong government for 104 days during the Reporting Year compared with only 70 days in the Last Financial Year; a decrease in gross profit margin from approximately 92% of the Last Financial Year to approximately 88% as a result of decrease in revenue contribution from the beauty service segment with higher gross profit margin; an increase in depreciation by approximately HKD 31 million mainly caused by the setting up of new beauty stores in Hong Kong during the Reporting Year and an increase in staff cost of approximately HKD 21 million; and an one-off financial impact charge to profit or loss of approximately HKD 33 million resulting from the settlement with the vendor of Millistrong Holdings Limited on 23 June 2022 (a wholly-owned subsidiary acquired by the Company on 28 June 2021) according to the relevant Hong Kong Financial Reporting Standards. The settlement and the reasons for it were disclosed in the announcements of the Company dated 23 June 2022 and 28 July 2022. Board Change • Oct 31
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Johnnie Casire Chan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 15% share price gain to HK$1.53, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 7x in the Consumer Services industry in Hong Kong. Total returns to shareholders of 118% over the past three years. Announcement • Sep 07
Water Oasis Group Limited Appoints Dr. Chan Chi Kau, Johnnie Casire as Independent Non-Executive Director, Members of Audit Committee, Remuneration Committee, Nomination Committee, Investment Advisory Committee and Disclosure Committee The board of directors of Water Oasis Group Limited) announces that Dr. Chan Chi Kau, Johnnie Casire ("Dr. Chan") has been appointed as the independent non-executive director of the Company (the "INED"), members of audit committee, remuneration committee, nominationcommittee, investment advisory committee and disclosure committee of the Company with effect from 5 September 2022. Dr. Chan, S.B.S., B.B.S., J.P., aged 67, holds a Doctoral Degree in Business, a Master Degree and a Professional Diploma in Housing Management. He is a Registered ProfessionalHousing Manager, a fellow of the Royal Institution of Chartered Surveyors, a Fellow of The Hong Kong Institute of Housing, the Chartered Institute of Housing, the Hong Kong Institute of Real Estate Administrators, as well as an Honorary Fellow of The Hong Kong Institute of Facility Management. Dr. Chan has been appointed to serve in a number of public and voluntary services, currently, he is an Ex-officio Member (Architectural, Surveying,Planning and Landscape Subsector) of the Election Committee, a member of the Hong Kong Housing Authority (Chairman of the Building Committee), a member of the Elderly Commission, a member of the Occupational Safety & Health Council, an Honorary Member of the Auxiliary Medical Service, the Vice-Chairman of the Hong Kong Council on Smoking and Health as well as an Adjunct Professor of The University of Hong Kong. In recognition of his contributions towards the housing profession, medical and related community services for the society at large, he was awarded the Governor's Commendation For Community Service in 1993, appointed a Justice of the Peace (J.P.) in 2008, awarded the Bronze Bauhinia Star (B.B.S.) Medal in 2012 and the Silver Bauhinia Star (S.B.S.) Medal in 2021 by the HKSAR Government. Dr. Chan is an honorary fellow of the Guangxi Academyof Social Sciences. Recent Insider Transactions • Aug 06
Co-Founder & Executive Director recently bought HK$239k worth of stock On the 1st of August, Lai Chu Yu bought around 198k shares on-market at roughly HK$1.21 per share. In the last 3 months, they made an even bigger purchase worth HK$997k. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$5.8m worth in shares. Recent Insider Transactions • Jul 23
Co-Founder & Executive Director recently bought HK$717k worth of stock On the 15th of July, Lai Chu Yu bought around 588k shares on-market at roughly HK$1.22 per share. In the last 3 months, they made an even bigger purchase worth HK$997k. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$5.4m worth in shares. Recent Insider Transactions • Jul 16
Co-Founder & Executive Director recently bought HK$997k worth of stock On the 11th of July, Lai Chu Yu bought around 852k shares on-market at roughly HK$1.17 per share. This was the largest purchase by an insider in the last 3 months. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$4.1m worth in shares. Announcement • May 28
Water Oasis Group Limited Does Not Declare Interim Dividend for the Six Months Ended March 31, 2022 The Board of Water Oasis Group Limited did not declare an interim dividend (six months ended 31st March, 2021: 5.5 HK cents per share) for the six months ended 31st March, 2022. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to HK$1.50, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 8x in the Consumer Services industry in Hong Kong. Total returns to shareholders of 95% over the past three years. Announcement • May 14
Water Oasis Group Limited to Report First Half, 2022 Results on May 27, 2022 Water Oasis Group Limited announced that they will report first half, 2022 results on May 27, 2022 Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Dickie Wong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 16% share price gain to HK$1.45, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 9x in the Consumer Services industry in Hong Kong. Total returns to shareholders of 120% over the past three years. Recent Insider Transactions • Apr 03
Independent Non-Executive Director recently bought HK$74k worth of stock On the 29th of March, Chun Nam Wong bought around 60k shares on-market at roughly HK$1.24 per share. In the last 3 months, they made an even bigger purchase worth HK$162k. Despite this recent purchase, insiders have collectively sold HK$14m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 24
Independent Non-Executive Director recently bought HK$162k worth of stock On the 15th of March, Chun Nam Wong bought around 120k shares on-market at roughly HK$1.35 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$14m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 23
Independent Non-Executive Director recently bought HK$162k worth of stock On the 15th of March, Chun Nam Wong bought around 120k shares on-market at roughly HK$1.35 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$14m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 22
Independent Non-Executive Director recently bought HK$162k worth of stock On the 15th of March, Chun Nam Wong bought around 120k shares on-market at roughly HK$1.35 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$14m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 21
Independent Non-Executive Director recently bought HK$162k worth of stock On the 15th of March, Chun Nam Wong bought around 120k shares on-market at roughly HK$1.35 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$14m more in shares than they bought in the last 12 months. Upcoming Dividend • Mar 15
Upcoming dividend of HK$0.17 per share Eligible shareholders must have bought the stock before 22 March 2022. Payment date: 12 April 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 17%. Within top quartile of Hong Kong dividend payers (8.1%). Higher than average of industry peers (5.2%). Announcement • Feb 25
Water Oasis Group Limited, Annual General Meeting, Mar 18, 2022 Water Oasis Group Limited, Annual General Meeting, Mar 18, 2022, at 10:00 China Standard Time. Location: 18th Floor, World Trade Centre, 280 Gloucester Road, Causeway Bay Hong Kong Announcement • Feb 15
Water Oasis Group Limited Announces Ordinary Final Dividend for the Year Ended 30 September 2021 Water Oasis Group Limited announced Ordinary final Dividend of HKD 0.165 per share for the year ended 30 September 2021. Payment date to be announced. Upcoming Dividend • Feb 15
Upcoming dividend of HK$0.17 per share Eligible shareholders must have bought the stock before 22 February 2022. Payment date: 14 March 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 14%. Within top quartile of Hong Kong dividend payers (7.0%). Higher than average of industry peers (4.2%). Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 38% share price gain to HK$1.74, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 13x in the Consumer Services industry in Hong Kong. Total returns to shareholders of 139% over the past three years. Recent Insider Transactions • Jan 06
Insider recently sold HK$579k worth of stock On the 4th of January, Lai Ying Ling sold around 300k shares on-market at roughly HK$1.93 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$14m more than they bought in the last 12 months. Reported Earnings • Dec 31
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: HK$0.25 (up from HK$0.041 in FY 2020). Revenue: HK$829.9m (up 56% from FY 2020). Net income: HK$170.3m (up HK$142.6m from FY 2020). Profit margin: 21% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Nov 03
Co-Founder & Executive Director recently bought HK$199k worth of stock On the 28th of October, Lai Chu Yu bought around 152k shares on-market at roughly HK$1.31 per share. In the last 3 months, they made an even bigger purchase worth HK$530k. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$3.1m worth in shares. Recent Insider Transactions • Oct 26
Co-Founder & Executive Director recently bought HK$434k worth of stock On the 21st of October, Lai Chu Yu bought around 334k shares on-market at roughly HK$1.30 per share. In the last 3 months, they made an even bigger purchase worth HK$530k. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$2.9m worth in shares. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 17% share price gain to HK$1.33, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 16x in the Consumer Services industry in Hong Kong. Total returns to shareholders of 87% over the past three years. Recent Insider Transactions • Oct 11
Co-Founder & Executive Director recently bought HK$368k worth of stock On the 8th of October, Lai Chu Yu bought around 318k shares on-market at roughly HK$1.16 per share. In the last 3 months, there was an even bigger purchase from another insider worth HK$665k. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$2.5m worth in shares. Recent Insider Transactions • Oct 01
Co-Founder & Executive Director recently bought HK$86k worth of stock On the 29th of September, Lai Chu Yu bought around 78k shares on-market at roughly HK$1.11 per share. In the last 3 months, there was an even bigger purchase from another insider worth HK$1.1m. Lai Chu has been a buyer over the last 12 months, purchasing a net total of HK$2.1m worth in shares.