29-10-2011, 01:17 PM
(28-10-2011, 07:17 PM)dydx Wrote: Assuming it will cost an average $2.0m to fit out each new store, the planned 10 additional new Uniqlo stores in Singapore will potentially bring in approx. $20.0m in new revenue to Kingsmen over time, assuming Kingsmen continues to deliver good design and project management services, and Uniqlo likes what Kingsmen can deliver.
Hi dydx,
Am curious as to how you derived your ballpark figure of about $2 million to fit-out each Uniqlo store? As far as I am aware, Kingsmen has not disclosed individual contract amounts for specific clients, and not for each store per client either.
Maybe you can enlighten on your basis used for the $2.0 million?
Thank you.
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/