Food empire

Half year EPS of US$0.0176 , let's say full year EPS of US$0.0362 = S$0.046. Trading at PE 11.5x base on today closing price of 54 cents, zero debts, I think undervalue is surfacing!


I have added a bit at 55 cents yesterday.

I think a few days ago,  Directo has purchased back some share.


I remember Super Group was bring brought over at PE 32x for $1.30 or $1.32 . I think EPS is about 4+ cents.

I think a reasonable PE of 18x that is $0.83 might be available.


Not a call to buy or sell.

Please do your own due diligence.

Food Empire’s 1H2018 revenue jumps 12.9% with higher gross margin of 39.5%


  Increase in revenue and gross profit to US$141.5 million and US$55.9 million respectively driven by sales volume growth in the Group’s key markets

 Net profit after tax was flat at US$9.4 million due to higher selling and administrative expenses, higher manpower cost and exchange loss  Group to continue its focus on new product launches and market diversification efforts going forward .

Gross profit was US$55.9 million, up US$7.5 million or 15.5% as compared to prior corresponding period. Similarly, gross profit margin improved by 90 bps, from 38.6% in 1H2017 to 39.5% in 1H2018.

 In  line  with  the  growth  in  sales,  selling  and  distribution  expenses  also  increased  by  US$5.0 million  or  26.2%  from  US$19.3  million  in  1H2017  to  US$24.3  million  in  1H2018.

  This  was mainly  attributable  to  higher  advertising  and  promotion  expenses  coupled  with  higher manpower  cost.

During  the  period  under  review,  the  Group  recorded  a  foreign  exchange  loss  of  US$1.6 million  in  1H2018  as  compared  to  a  foreign  exchange  gain  of  US$1.0  million  in  1H2017.

 As the  Group  is  economically  exposed  to  different  markets,  it  will  be  affected  by  the  fluctuation in  currencies  against  the  US  dollar.

Pursuant  to  the  above,  the  Group‘s  net  profit  after  tax  for  1H2018  was  flat  at  US$9.4  million.   As  at  30  June  2018,  the  Group’s  balance  sheet  remained  healthy  with  cash  and  cash equivalents  amounting  to  US$41.8  million.

   Commenting  on  the  Group’s  results,  Mr.  Tan  Wang  Cheow,  Executive  Chairman  of  Food Empire  said,  “The  Group  continues  to  perform  well  with  growth  registered  in  our  major geographical  markets  of  exposure.  Going  forward,  the  Group  strives  to  continue  with brand  building,  new  product  launches  and  market  diversification  efforts  so  as  to derive  new  avenues  for  top-line  growth  and  secure  better  value  for  shareholders.” Outlook Other  than  product  innovations  and  ongoing  promotional  activities  directed  at  enhancing brand  equity,  expansion  of  markets  into  new  geographical  regions  outside  that  of  its  core operations  remains  a  key  focal  area  for  the  Group.  Specifically  in  February  2018,  the  Group announced  plans  to  open  its  second  Instant  Coffee  processing  facility  in  Andhra  Pradesh, India.  This  venture,  with  the  support  of  Enterprise  Singapore  and  the  Government  of  Andhra Pradesh,  is  slated  to  complete  in  2020.  Upon  commencement,  it  should  provide  the  Group with  further  growth  prospects. -

SSB - Safe Haven Bond

Result is out!
Almost all fully alloted Max.
Maximum $45,500.
Minimum $45,000.
Average interest for 10 years is 2.44%.
Huat ah!

This month offering is 1.75% for 1st year interest.
10 years interest is 2.97%.

Not bad ! Back by government.

Total size offering increased to $300m. Huat ah!

Closing date/time is 28th Aug 2018 9pm.

This month offer is the highest for 1st year interest at 1.78%.
All Huat together!

2nd year interest 2.16%. looks like it is getting higher, a good form of saving for those preferred safe and secure saving.

Offer size 250m.
Closing date 26th July 2018 9pm.

The Singapore Saving Bond : The monthly issuance size of the SSB Programme has been increased to $250m from this month .

 GX 180070N : available for applying from 1st June 9am to 26 th June before 9pm.

 Result will be made known after 27th June .

 Applicant may apply via Internet banking from the 3 local banks such as DBS,Uob & OCBC .

 First year interest is 1.72% & 10 year interest is about 3.41%. You may refer to the table below ;

 Each Savings Bond has a term of 10 years and pays interest every 6 months. Savings Bonds cannot be traded like conventional bonds or shares. Interest income is exempt from tax. Only individuals above 18 years old can apply.

 Savings Bonds are fully backed by the Singapore Government. And because the bonds can always be redeemed for the full amount invested, investors are protected against capital losses when interest rates change.

 This makes them one of the safest possible investments for individuals to hold.

 Save up to 10 years, and earn interest that “steps up” or increases over time. Hold your Savings Bond for the full 10 years and receive an average interest per year that matches the return from 10-year Singapore Government Securities yields, which has generally been between 2%-3%. Flexible : Or, choose to exit your investment in any given month, with no penalties.

There is no need to decide on a specific investment period at the start.

Before you Apply: You will need: A bank account with DBS/POSB, OCBC or UOB. Visit any of the three local banks’ branches in Singapore to open a bank account.

 An individual CDP Securities account linked to any of your bank accounts through direct crediting service (DCS). CDP is the custodian for Savings Bonds and will process applications, interest payments and redemptions. Visit CDP's webpage for information on opening your CDP Securities account.

 $2 transaction fee A non-refundable transaction fee will be charged by the bank for each application request.

After you have Apply: MAS will allot the new Savings Bond among applicants on the 3rd last business day of the month (called the "Allotment Day")You will receive the first interest payment 6 months after the bond is issued. Interest will be automatically paid into the bank account that is linked to your CDP account.

 The application results will be available on the Announcements page after 3.00pm on Allotment Day. Should the total amount of applications exceed the amount on offer in a particular month, you may not get the full amount you applied for (why not?). The excess cash will be refunded to you by the end of the 2nd last business day of the month.

Savings Bonds will be issued on the 1st business day of the following month. You will be notified by CDP via mail of the amount of Savings Bonds allotted to you. You can also check your holdings online through the CDP Internet service or by calling CDP at 6535-7511.

 Received your interest : You will receive the first interest payment 6 months after the bond is issued. Interest will be automatically paid into the bank account that is linked to your CDP account. Interest will be paid every six months after that, on the 1st business day of the month. The interest payments will be reflected in your CDP statements. When your bond matures Each Savings Bond has a term of ten years. At the end of ten years, your principal and the last interest payment will be automatically credited to your DCS bank account.

You do not need to take any action, and the $2 transaction fee is not applicable in this instance. Redeeming early You can redeem your Savings Bonds in any given month before the bond matures, with no penalty for exiting your investment early. To redeem your bond: Submit your redemption requests through the DBS/POSB, OCBC or UOB ATMs, or Internet Banking portals. Redeem in multiples of $500 up to the amount you have invested for each bond. You can redeem more than one bond per month. A $2 transaction fee will apply for each redemption request. Please note that you will not be able to amend or cancel submitted redemption requests.

The redemption period opens at 6pm on the 1st business day of each month and closes at 9pm on the 4th last business day of the month. Redemption proceeds will be paid by the end of the 2nd business day of the following month. Will I receive any interest?  Savings Bonds pay interest every 6 months.

If you redeem your bond when there is a scheduled interest payment, you will receive the scheduled interest together with your redemption amount. If you redeem before the scheduled interest is paid, you will receive a pro-rated amount, called the accrued interest, which is the interest you have earned but have not been paid.

My Trading plan for ThaiBev

My Trading plan for ThaiBev is as follows:-

 I would only take action to Long if it is able to cross over 66 cents decisively.

 First Target price would be 70 cents follow-by next target price of 72 cents.

 Don't be greedy! As we are trying to ride on the counter trend reaction. Whether will it be able to sustain after this move, it would be very much depends on market direction.


 My Stop Loss price would be at 63 cents.

 My max no. of unit to Buy would be 16,600 share.

 Not a call to buy or sell.

 Please do your own due diligence.

Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand and internationally. The company operates through Spirits, Beer, Non-Alcoholic Beverages, and Food segments. It offers liquor and beer products; spirits, including brown spirits, white spirits, herbs, and other products; and non-alcoholic beverages comprising drinking and soda water, electrolyte beverages, energy drinks, green and herbal tea, ready-to-drink coffee, carbonated soft drinks, isotonics, soya drinks, Asian and sparkling drinks, coconut water, cordials, pasteurized milk, UHT milk, sterilized milk, yoghurt, canned milk, pasteurized juice, ready-to-drink juice, ice cream, and cereal bars. The company also provides chilled and frozen food products, and snack products; and oak barrels, light construction bricks, fertilizers, animal feed and supplementary animal feed, etc. In addition, it engages in the operation of Japanese restaurants, bakeries, and social enterprise; production and distribution of biogas; trading of molasses; and the provision of advertising agency, marketing, training, consultancy, asset and brands management, transportation and distribution, procurement, and human resources and organization development services. Further, the company is involved in the trading of bottles and supplies; distribution of beverages; and production of plastic packaging and related businesses. Thai Beverage Public Company Limited was founded in 2003 and is based in Bangkok, Thailand.

ThaiBev

I think BB heard what we are expecting for a rebound from the current price level of 64 cents.

 I think it will be good to wait for market confirmation before jumping on the bangawon.

 Nobody knows what would be the next move from BB.


 Don't follow the crowd/noises shouting I have long for this counter that it is about time to go Up.

 Is ultra important to have your own plan. It is very risky to trade against the Trend. As we are expecting a counter trend movement.

 It will take a harder perspective to go up.


 The crucial level to watch is if the recent low of 63.5 cents will it be broken down. Breaking down with high volume that would be rather bearish and may see it slide further down towards 61 cents then 59 cents with extension to 55 cents. Not a call to buy or sell. Please do your own due diligence.

NAV of 20.04 cents.
Trailing EPS of about 3.4 cents.
PE of about 19x.
I think Doesn't look cheap at this level.


Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand and internationally. The company operates through Spirits, Beer, Non-Alcoholic Beverages, and Food segments. It offers liquor and beer products; spirits, including brown spirits, white spirits, herbs, and other products; and non-alcoholic beverages comprising drinking and soda water, electrolyte beverages, energy drinks, green and herbal tea, ready-to-drink coffee, carbonated soft drinks, isotonics, soya drinks, Asian and sparkling drinks, coconut water, cordials, pasteurized milk, UHT milk, sterilized milk, yoghurt, canned milk, pasteurized juice, ready-to-drink juice, ice cream, and cereal bars. The company also provides chilled and frozen food products, and snack products; and oak barrels, light construction bricks, fertilizers, animal feed and supplementary animal feed, etc. In addition, it engages in the operation of Japanese restaurants, bakeries, and social enterprise; production and distribution of biogas; trading of molasses; and the provision of advertising agency, marketing, training, consultancy, asset and brands management, transportation and distribution, procurement, and human resources and organization development services. Further, the company is involved in the trading of bottles and supplies; distribution of beverages; and production of plastic packaging and related businesses. Thai Beverage Public Company Limited was founded in 2003 and is based in Bangkok, Thailand.

SingTel

Last Thursday we had witnessed the beautiful Gap up moment and closed well at $3.28.

The volume was super high this signigfy that fund are buying.

The next day we had profit taking setting in which is quite normal.


We would like to ride on this bullish wide candlestick and continue to resume this Uptrend momentum.

Short term wise, likely to see it re-attempt $3.31 then $3.35.

Breaking out of $3.35 smoothly + good volume that may propel to drive the price higher towards $3.40 with extension to 3.50 level.

Not a call to buy or sell.

Pls dyodd.

Recent new:
ACQUISITION OF CERTAIN ASSETS OF VIDEOLOGY, INC. AND ITS SUBSIDIARIES.

http://infopub.sgx.com/FileOpen/20180823-Singtel%20Videology.ashx?App=Announcement&FileID=522507




Singapore Telecommunications Limited provides a portfolio of communication and technology, and infotainment services to consumers and businesses in Asia, Australia, and Africa. It operates through three segments: Group Consumer, Group Enterprise, and Group Digital Life. The Group Consumer segment engages in the carriage business, including mobile, pay TV, fixed broadband, and voice, as well as equipment sales. The Group Enterprise segment offers mobile, equipment sales, fixed voice and data, managed, cloud computing, cyber security, and IT and professional consulting services. The Group Digital Life segment is involved in the digital marketing, regional OTT video, and advanced analytics and intelligence businesses. The company also operates a venture capital fund that focuses its investments on technologies and solutions; and offers ICT solutions and marketing technology services. In addition, it offers inSing.com that provides hyper-local content, user reviews, and editorials, as well as business or service information; and Trustwave that enables businesses fight cybercrime, protect data, and reduce security risk. The company is headquartered in Singapore.

AEM

Looks like it may sink again and head lower to revisit 81 cents then 74 cents with extension to 64 cents.

 not a call to buy or sell.

 Please do your own due diligence.

 AEM Holdings Ltd, an investment holding company, provides solutions in equipment systems; and precision components and related manufacturing services for various industries. It operates through Equipment Systems Solutions and Precision Component Solutions segments. The company provides high density modular test handlers, wafer handling systems, hot spot testers, and smartcard backend handlers for use in semiconductor, solar cell, and smartcard manufacturing facilities, as well as related tooling parts; and designs, develops, and manufactures precision engineering products, such as test sockets, device change kits, stiffeners, golden units, holding jigs, preventive maintenance kits, and precision mechanical assembly modules for use in the electronic, life science, instrumentation, and aerospace industries, as well as offers engineering services. It also engages in the research, development, and production of communications and industrial test solutions. The company offers its products through a network of sales offices, associates, and distributors in Asia, Europe, and the United States. AEM Holdings Ltd is headquartered in Singapore.