Neighbourhood Chained Coffee Shop

MilkTeaBro
03-18

I casually chatted with my wife this morning. She is a accountant working from home.

She complained that her boss's wife. The boss's wife should be a house wife, opened the restaurant and shutdown. It was not first time, two- three time already. Everytime need company to fill in the hole.

I said that invest in $Kimly(1D0.SI)$  is better in her case. I added it in my watchlist before, but it's price went up, then I removed it from watchlist.

Then I checked the Kimly today, it was at 52 weeks low, and dividend yield 5.4%.

Then I just bought it a hand in the morning.

Kimly focused on neighbourhood coffee shop.

My community had one, it stayed side by side with Sheng Siong supermarket.

The HDB flat first floor coffee shop is hard to loose money, low rental fee.

Singapore family use to eat outside, kitchen is for exhibition.

Kimly coffee shop at was 5.5 dividend yield, hold it will not be wrong, but it only earn slow money.

Photo took at  non peak hours 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
4