One would need to monitor the trend over the next four quarters before drawing any objective conclusions. While revenue will undoubtedly continue to grow due to Chennai, profitability is what we must watch closely.
Disclaimer: I remain invested; please consider my views biased.
AJ
Wonderla has delivered a fantastic performance. Although the last few years have been a real grind for most investors, this appears to be a breakout year for the company.
Disclosure: Remain invested from last many years.
AJ
Historical PE still between 31 - 32. Hopefully this will come down a little bit more in next 2 quarters. The 2nd quarter is seasonally weak so the potential for improvement is limited. Looking forward to new park announcement. Apart from location, it will also be important to watch whether there will be further equity dilution to fund a new park.
I missed investing in the early phase of multiplexes so tracking the journey of Wonderla as an investor is very interesting.
Great job done by Executive Chairman Arun and his team who have followed the longer term vision.
Just attended the call - As of now no announcements - Arun say’s they are planning 3-4 parks in 4 years and also in the resort business new standalone resort in places like Goa are in the pipeline apart from location already present.
