Second Chance

SEcond Chance - Latest news regarding the counter was last wk, where grp released its 2Q13 results, which saw rev +9.58% at $10.1m and core profit from operations at $3m, -17% yoy. Higher rev was due to opening of a few new stores in Malaysia which resulted in an increase in revenue of $0.59m from the apparel business, while contributions from gold, properties and securities were relatively flat. Lower porfit from operations was partly on back of lower contributions from other income. The grp also gave guidance of a 3.4c div payout for FY13.