I noticed that there's a new Dian Xiao Er restaurant at Changi Airport Terminal 3 and was pretty glad that it finally opened! So I went there for dinner because I didn't get to eat during lunch haha.. You might find this article weird but please do read on.. I really wasn't off the topic here..
The duck tasted nice as usual which is still one of my favourite duck dish. :D
The fried buns looks kind of disfigured but still it's very tasty as usual and it's served a lot faster than the Tampines branch, where we usually need to queue just to visit the store..
*Notice: there's usually a queue at other outlets
So I was wondering if Dian Xiao Er was actually listed in the SGX and I found out that it used to be part of the other famous restaurant's group - Soup Restaurant. And it's now no longer part of the business as the couple who owned Dian Xiao Er had decided to buy over the rest of the shares during a court dispute... Read the article on "Duck Chain No Longer in the Soup" for more details.
Basically, the couple who started Dian Xiao Er had bought back their "baby" and this means that soup restaurant group will become richer in cash but in return, may get less profits / earnings in return. So effectively, the main earnings that the group is going to have in future will mainly be just from soup restaurants itself. From what I noticed, the dip in the share price now as compared to when the incident occurred is very minimal.
I had no vested interest in this company but I felt that if you do invest in them, do be aware of this incident and take a closer look at their next upcoming quarterly report for better updates. Depending on the rate of the main Soup Restaurant chain's expansion, the impact of the separation might not be very big. So let's see what happens when the next report is made available.
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