| Latest Forum Topics / OTS Holdings Last:0.14 -- |
 Post Reply
|
|
OTS Holdings
|
|||||
|
tedlim
Veteran |
16-Nov-2021 07:22
|
||||
|
x 0
x 0 Alert Admin |
Tyson Foods sees upbeat sales as meat prices and restaurant demand jump MON, NOV 15, 2021 - 9:10 PM Top US meatpacker Tyson Foods Inc forecast fiscal 2022 revenue above market estimates on Monday, aided by rising meat prices and improving demand from restaurants that have reopened after Covid-19 restrictions. Pent-up demand for dine-in experiences, newer meat items on restaurant menus and a boom in Chinese demand for US pork and beef have also worked in favour of American meat-processing firms. The Jimmy Dean sausages maker said it was expecting sales to be about US$49 billion to US$51 billion for fiscal 2022, compared with market estimates of US$47.99 billion, according to Refinitiv IBES. Sales rose to US$12.81 billion in the fourth quarter from US$11.46 billion a year earlier. Analysts on average were expecting sales of US$12.66 billion, according to Refinitiv IBES. Net income attributable to Tyson increased to US$1.36 billion, or US$3.71 per share, from US$654 million, or US$1.79 per share, a year earlier. |
||||
| Useful To Me Not Useful To Me | |||||
|
tedlim
Veteran |
23-Oct-2021 08:20
|
||||
|
x 0
x 0 Alert Admin |
Prices of goods set to rise further, warn consumer firms The price pressure isn' t isolated to everyday items. PUBLISHEDOCT 22, 2021, 1:17 PM SGT GENEVA (BLOOMBERG) - Consumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever to lubricant maker WD-40 warned this week as they grapple with supply difficulties. Unilever, the maker of Dove soap and Magnum ice cream bars, jacked up prices by more than 4 per cent on average last quarter, the biggest jump since 2012, and signalled that elevated pricing will continue into next year. A similar refrain came from Nestle, Procter & Gamble and Danone, whose products dominate supermarket aisles and kitchen cupboards. " We' re in for at least another 12 months of inflationary pressures," Unilever chief executive Alan Jope said in a Bloomberg Television interview. " We are in a once-in-two-decades inflationary environment." Companies are facing a dire mix of supply chain challenges, as well as higher costs for energy, raw materials, packaging and shipping. While most consumer goods makers reporting results this week expressed confidence that they will be able to limit the long-term hit to profitability, that means the pain passes to consumers, upping the squeeze on pockets as Christmas approaches. In the United States, inflation has accelerated rapidly to the strongest since 2008. Across developed economies, the post-pandemic supply-demand imbalances have pushed the rate above 4 per cent for only the second time in the past two decades. The return of pricing power marks a sea change in the global economy and poses a new challenge for central bankers after years of undershooting inflation targets. They are trying to figure out whether they should quicken the removal of stimulus from pandemic-hobbled economies, or stand pat because the price spikes are temporary. " This is a story that' s consistent across the world," said Ms Jennifer Lee, senior economist at BMO Capital Markets. " It' s just something consumers have to resign themselves to right now." Companies typically raise prices gradually, which is why the start of an inflationary period usually damages profitability the most. If they pass on cost increases too quickly, shoppers will shift to cheaper products from competitors or put off purchases. Some are also locked into contracts, creating a delay in households feeling the pinch. " You can' t pass on increases from one day to another," Nestle CEO Mark Schneider said on Bloomberg TV this week. " But now, that action is under way." Nestle' s overall pricing rose 2.1 per cent in the third quarter, the fastest in at least five years. Consumers in emerging markets have so far faced the biggest inflation, as seen in Nestle' s results. The Swiss food giant, which makes Nespresso coffee and DiGiorno pizzas, raised pricing in such countries by 2.6 per cent in the first nine months of the year, three times the rate of developed markets. Mr Schneider expects margins to drop this year given the time lag required to pass on higher costs. Then they should resume improving in 2022. " What we see from the inflation front is that the situation is going to get worse and then, of course, we' re working on pricing to make up most of that," Mr Schneider said. Danone has also indicated that shoppers in Europe and the US will not escape the squeeze. It expects costs to rise about 9 per cent in the second half of the year. " We could see even higher inflation rates next year," Danone chief financial officer Juergen Esser said on a conference call. P& G, the maker of Downy fabric softener and Puffs facial tissues, expects US$2.3 billion (S$3.1 billion) in expenses this fiscal year from elevated commodity and freight costs. It has increased prices on numerous products and says the situation will continue to " evolve" . The Federal Reserve said in a report on the US economy this week that many firms are showing a " greater ability to pass along cost increases to customers amid strong demand" . One measure of US inflation expectations has surged to its highest since 2005 - a signal that financial markets are losing faith in the idea of " transitory" inflation. In Britain, price growth is heading for a rate that is more than double the Bank of England' s target. British consumers are particularly exposed as Brexit magnifies the challenges. The country' s hospitality sector is short of about 500,000 workers and is facing cost inflation of as much as 18 per cent, according to the Food and Drink Federation. Wages for truck drivers are surging as transporting goods becomes a nightmare for British grocers. The price pressure is not isolated to everyday items. Used car buyers in Britain are spending about a quarter more than a year ago as surging demand clashes with low availability, according to Auto Trader Group. It said 17 per cent of vehicles less than a year old are more expensive than new equivalents. Mr Jay Rembolt, CFO of WD-40, the San Diego-based maker of industrial lubricants and cleaners, said on a conference call that the company is experiencing " significant increases" in transport costs and fees from suppliers. It is raising prices in response. " We see prices staying elevated until the middle of next year before we start seeing some relief on the supply chain front," said BMO Capital' s Ms Lee. " It' s a big struggle to work itself out." |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tedlim
Veteran |
21-Oct-2021 07:26
|
||||
|
x 0
x 0 Alert Admin |
It says a lot about the resilient consumer market...OTS meat products still pack a punch.. Nestle raises full year sales outlook to 6-7% organic growth this year [ZURICH] Nestle raised its sales guidance on Wednesday, saying it now expects full year organic growth of 6-7 per cent after strong retail sales and a recovery in out-of-home food consumption pushed organic sales 6.5 per cent higher in the third quarter. Organic sales - which strip out acquisitions, divestitures and currency swings - rose 7.6 per cent in the first 9 months, the world' s biggest food group said in a statement, beating a forecast for a 6.6 per cent increase in a company-compiled consensus. The maker of KitKat chocolate bars and plant-based burger patties had previously raised its full-year guidance to 5-6 per cent in July. The operating profit margin, under pressure from high raw material costs, is expected to be stable, it said. " The underlying trading operating profit margin is expected around 17.5 per cent, reflecting initial time delays between input cost inflation and pricing," Nestle said, keeping its mid-term outlook for " continued moderate margin improvement" unchanged. Like its peers, Nestle is facing pressure on margins from rising input costs. Global supply chains are under strain due to factors such as a resurgence of Covid-19 cases in Asia and staff shortages in the United States, increasing the price for its ingredients. The Swiss company cautioned last month that input cost inflation would likely be even higher in 2022, which could at least temporarily squeeze margins until price increases take effect. On Tuesday, peer Danone warned of growing inflationary pressures next year, while Procter & Gamble said it would raise prices in the United States to counter higher commodity and freight costs. Anglo-Dutch rival Unilever is also due to give a trading update on Thursday. |
||||
| Useful To Me Not Useful To Me | |||||
|
For_The_Next_Leg
Master |
06-Sep-2021 09:16
|
||||
|
x 0
x 0 Alert Admin |
$OTS Holdings(OTS.SI)
Just look at the growth drivers!
1. OTS made inroads into Malaysian foodservice sector in early 2020 before Covid-19 hit.
2. It plans to commence sales in the Philippines in Nov 2021 to take on competitor brand SPAM.
3. In Indonesia, it has a 50:50 JV with Salim Group to produce and sell processed meat products.
4. Secondly, the group is expected to see growth from its distribution of third-party food products through its regional distribution network.
5. Lastly, the group has announced that it will be launching an in-house developed plant-based protein alternative products in Apr 2022, to tap on the trend towards healthier lifestyle.
https://www.theedgesingapore.com/capital/brokers-calls/sac-capital-initiates-buy-ots-holdings-expansion-plans-expected-bear-fruit
|
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
04-Sep-2021 12:17
|
||||
|
x 0
x 0 Alert Admin |
SAC Capital initiates ' buy' on OTS Holdings as expansion plans expected to bear fruit
SAC Capital is initiating its coverage on homegrown food manufacturer OTS Holdings with a &ldquo buy&rdquo and a target price of 40 cents.
The recently listed OTS Holdings manufactures and distributes process meat products under its house brands Golden Bridge and Kelly&rsquo s in Southeast Asia. The ready-to-eat and ready-to-cook meat products are available in four formats: chilled, frozen, dried and shelf-stable, and sold in supermarkets and convenience stores, through wholesalers and e-commerce platforms, and to the foodservice sector.
In its latest FY2021 ended June results, earnings were 15.8% lower y-o-y at $3.0 million due to IPO expenses. Earnings excluding IPO expenses would have been 13.9% higher y-o-y at $4.0 million. Revenue for the period was 11.5% higher at $38.5 million.
In a Sept 2 report, analyst Peggy Mak notices some drag in FY2021 due to the Covid-19 pandemic. &ldquo The headwinds were: Singapore&rsquo s stockpiling drive resulted in orders being front-loaded to 2HFY2020 and 1HFY2021 production disruption from labour shortage. OTS is accelerating automation to cut labour content higher costs to retain workers restrictions on dine-in lowered demand from foodservice operators supply chain bottleneck held back marketing push into the overseas markets.&rdquo
To that end, Mak points out some growth drivers for the group moving forward.
Firstly, the greater market penetration into Malaysia, the Philippines and Indonesia as the pandemic subsides and these economies rebound is expected to help the group&rsquo s growth. OTS made inroads into Malaysian foodservice sector in early 2020 before Covid-19 hit. It plans to commence sales in the Philippines in Nov 2021 to take on competitor brand SPAM. In Indonesia, it has a 50:50 JV with Salim Group to produce and sell processed meat products.
Secondly, the group is expected to see growth from its distribution of third-party food products through its regional distribution network.
Lastly, the group has announced that it will be launching an in-house developed plant-based protein alternative products in Apr 2022, to tap on the trend towards healthier lifestyle. This should help the group capture a new market for growth.
Overall, Mak notes that branded food companies command a premium taking into account: brand recognition and customer stickiness food being a resilient sector and increased emphasis on food security.
As at 4.20pm, shares in OTS Holdings are trading at 30 cents or 12.0 times FY2022 earnings with a dividend yield of 4.1%.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
WBdisciple
Elite |
02-Sep-2021 14:12
|
||||
|
x 0
x 0 Alert Admin |
SAC Research:
report here: https://mcusercontent.com/56cb56539640b976a7f3cb295/files/0811f6b0-1d36-abf1-c469-4bc4ad0357a9/OTS_rated_initiation_2_Sep_2021.01.pdf |
||||
| Useful To Me Not Useful To Me | |||||
|
For_The_Next_Leg
Master |
02-Sep-2021 10:16
|
||||
|
x 0
x 0 Alert Admin |
$OTS Holdings(OTS.SI) Once again, late to the game. But late better than never!
The company has released the results with a 0.7 cent dividend. People may deem it a " not so good" results but we are comparing against a MUCH better last year results/or exceptional. In addition, the company made more revenue - this should be the focal point instead.
What I further gather is the below - Execution of expansion plans:
" In Indonesia, the Group has established and commenced operations in the first half of 2020 through its associated company, PT Delta Bridge Foods (&ldquo Delta Bridge Indonesia&rdquo ), which is currently manufacturing non-halal Chinese sausages for distribution in Indonesia. The Group intends to expand the product range offered by Delta Bridge Indonesia to include canned meat products. To further expand its business overseas, the Group has incorporated a subsidiary in the Philippines on 5 April 2021, and it has started operations after 30 June 2021. The Group plans to import its food products into the Philippines for sale via this subsidiary, to build its branding presence and expand its product offerings to the Philippines market."
https://links.sgx.com/1.0.0/corporate-announcements/WTSPKWO7NBD89TCJ/2ec8c8d696935aeb49772167775db3587fdbe2856773373e8cc470d6b5b98242
|
||||
| Useful To Me Not Useful To Me | |||||
|
mchua71
Senior |
30-Aug-2021 15:29
|
||||
|
x 0
x 0 Alert Admin |
If you think is good, just add more. If not sell. Dun bother about Price movement in the short term.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
TheMatrix
Elite |
30-Aug-2021 13:15
|
||||
|
x 0
x 0 Alert Admin |
Decent meh? Looks very aweful compare to last year.
|
||||
| Useful To Me Not Useful To Me | |||||
|
satruz
Master |
30-Aug-2021 09:23
|
||||
|
x 0
x 0 Alert Admin |
Alamak, decent results and still down.... zzzzzz | ||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
30-Aug-2021 09:23
|
||||
|
x 0
x 0 Alert Admin |
OTS Holdings&rsquo Revenue for FY2021 Rises 11.5% to $38.51 Million with Net Profit of $4.05 Million (excludes IPO Expenses) Proposed Dividend of 0.7 cents Per Share
&bull Revenue growth in FY2021 mainly driven by General Trade business segment and increased sales to new and existing customers in Malaysia
&bull Healthy balance sheet with total assets increasing to approximately $45.18 million as at 30 June 2021
&bull Net cash of approximately $7.21 million generated from operating activities in FY2021
&bull Proposed dividend of 0.7 cents per share, representing approximately 50% of the Group&rsquo s net profit for FY2021, aligned with the dividend guideline stated in the Group&rsquo s offer document dated 8 June 2021
&bull Strategic focus on new growth initiatives that includes the expansion of the Philippines&rsquo market, introduction of plant-based products and distribution of non-house brand products, among others
Revenue growth of 11.5% to $38.51 million in FY2021: The Group&rsquo s revenue in FY2021 increased by approximately $3.97 million or 11.5% to approximately $38.51 million, from approximately $34.54 million in FY2020.
Notably, revenue from Malaysia increased significantly by approximately $4.69 million or 63.0% to approximately $12.12 million in FY2021, from approximately $7.43 million in FY2020, mainly due to an increase in product sales to new and existing customers.
The Group&rsquo s business segments continue to be profitable with net cash of approximately $7.21 million generated from operating activities in FY2021: While revenue contribution from the Group&rsquo s four business segments may vary from year to year, all business segments continue to remain profitable. Overall, the Group registered a net profit of approximately $2.99 million in FY2021.
The Group successfully completed its IPO listing on 17 June 2021, raising net proceeds of approximately $6.56 million. Excluding the IPO related expenses of approximately $1.06 million in FY2021, the Group&rsquo s net profit would have increased 13.9% to approximately $4.05 million in FY2021.
During FY2021, the Group generated net cash from operating activities of approximately $7.21 million. In addition, the Group generated net cash from financing activities of approximately $4.96 million, primarily due to the proceeds from the IPO. As at 30 June 2021, the Group has cash and cash equivalents of approximately $15.87 million.
Healthy balance sheet with total assets increasing to approximately $45.18 million as at 30 June 2021: The Group&rsquo s total assets comprised current assets of approximately $30.21 million and non-current assets of approximately $14.97 million. The Group&rsquo s total liabilities decreased slightly to approximately $15.54 million, comprising current liabilities of approximately $8.00 million and non-current liabilities of approximately $7.54 million as at 30 June 2021.
Commenting on the Group&rsquo s financial performance for FY2021, Managing Director of OTS Holdings, Mr. Ong Bee Chip said: &ldquo Capitalising on our brands and overseas markets, we have delivered another year of profitable organic growth with strong free cash flow generation.
The revenue growth from overseas markets validates our business strategy and we will continue to expand our overseas footprint and target new growth initiatives, that are aligned with our strategic priorities.&rdquo
Mr. Ong added, &ldquo We are heartened by the performance of our FY2021 results and to reward shareholders, we have recommended a dividend of 0.7 cents per share, which represents approximately 50% of our FY2021&rsquo s net profit.&rdquo
|
||||
| Useful To Me Not Useful To Me | |||||
|
PhillipTan
Supreme |
30-Aug-2021 04:24
|
||||
|
x 0
x 0 Alert Admin |
OTS reports FY2021 earnings of $2.99 millionNewly-listed OTS Holdings, a foodstuff maker, has reported earnings of $2.99 million for FY2021 ended June 30 2021, down 15.8% from the preceding year.However, if listing expenses were excluded, the company would have reported earnings of $4.05 million, up 13.9%. Revenue in the same period was up 11.5% to $38.5 million, led by higher sales in Malaysia. The company has recently set up a subsidiary in the Philippines and is eyeing growth in this market. " The revenue growth from overseas markets validates our business strategy and we will continue to expand our overseas footprint and target new growth initiatives, that are aligned with our strategic priorities," says managing director Ong Bee Chip. The company plans to give out a dividend of 0.7 cents per share, which translates into a payout ratio of around 50%. To ride on the growing demand for plant-based food products, OTS is in the midst of developing its own offerings, such as plant-based canned luncheon meat. It plans to launch these new products by early 2022. It is also eying more online sales. At the IPO, OTS shares were sold at 23 cents. It closed Aug 27 at 31 cents. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tedlim
Veteran |
29-Aug-2021 18:38
|
||||
|
x 0
x 0 Alert Admin |
Good set of results.. OTS Holdings&rsquo Revenue for FY2021 Rises 11.5% to $38.51 Million with Net Profit of $4.05 Million (excludes IPO Expenses) Proposed Dividend of 0.7 cents Per Share
- Revenue growth in FY2021 mainly driven by General Trade business segment and increased sales to new and existing customers in Malaysia
- Healthy balance sheet with total assets increasing to approximately $45.18 million as at 30 June 2021
- Net cash of approximately $7.21 million generated from operating activities in FY2021
- Proposed dividend of 0.7 cents per share, representing approximately 50% of the Group&rsquo s net profit for FY2021, aligned with the dividend guideline stated in the Group&rsquo s offer document dated 8 June 2021
- Strategic focus on new growth initiatives that includes the expansion of the Philippines&rsquo market, introduction of plant-based products and distribution of non-house brand products, among others
Commenting on the Group&rsquo s financial performance for FY2021, Managing Director of OTS Holdings, Mr. Ong Bee Chip said: &ldquo Capitalising on our brands and overseas markets, we have delivered another year of profitable organic growth with strong free cash flow generation.
The revenue growth from overseas markets validates our business strategy and we will continue to expand our overseas footprint and target new growth initiatives, that are aligned with our strategic priorities.&rdquo
Mr. Ong added, &ldquo We are heartened by the performance of our FY2021 results and to reward shareholders, we have recommended a dividend of 0.7 cents per share, which represents approximately 50% of our FY2021&rsquo s net profit.&rdquo
|
||||
| Useful To Me Not Useful To Me | |||||
|
Sg_KoalaDreaming
Master |
29-Aug-2021 15:41
|
||||
|
x 0
x 0 Alert Admin |
thank you for the sharing. Bodes well for the future with this set of results. Gives it time to execute its plant based strategy as well as building up its overseas presence in Indo, Phil and Malaysia. I hope the management will also considers acquistions of synergistics biz as their potential is so much untapped. Luncheon Meat Cheong Arh.... to Infinity and Beyond 
|
||||
| Useful To Me Not Useful To Me | |||||
|
spursfan
Supreme |
29-Aug-2021 12:52
|
||||
|
x 0
x 0 Alert Admin |
OTS Holdings' Revenue for FY2021 Rises 11.5% to $38.51 Million with Net Profit of $4.05 Million (excludes IPO Expenses) Proposed Dividend of 0.7 cents Per Share...https://links.sgx.com/1.0.0/corporate-announcements/WTSPKWO7NBD89TCJ/681898_OTS%20-%20FY2021%20Results%20Press%20Release.pdf | ||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
24-Aug-2021 09:23
|
||||
|
x 0
x 0 Alert Admin |
OTS Holdings Limited (SGX: OTS)
Established in 1993, OTS Holdings Limited is a brand builder and food manufacturing group in the consumer industry with a strong niche in ready-to-eat and ready-to-cook meat products.
The Group' s products are distributed under six house brands - " Golden Bridge" , " Kelly' s" , " Golden Lion" and " Orchid" for its non-halal food products, and " El-Dina" and " Kizmiq" for its halal food products. The Group' s food products have been marketed and sold in more than 25 countries, including Singapore, Malaysia, Brunei, Hong Kong, Myanmar, India and countries in the European Union.
OTS Holdings Limited first listed on SGX on 17th June 2021 with an IPO price of S$0.23. Within the first 3 days of trading, its share price shot up by more than 70% and hit a high of S$0.395, before easing back and hovering at a range of between S$0.31 and S$0.325.
OTS Holdings Limited&rsquo s last trade price stood at S$0.315. This translates into a gain of 36.96% when compared against its IPO price. Currently, its market capitalisation stood at S$67.41 million.
To find out more about the recent interview with OTS Holdings Limited&rsquo s management, Click here: https://www.investor-one.com/editorial/17873-Serving-up-Ready-to-Eat-Delicacies-in-Asia---An-Interview-with-OTS-Holdings-Top-Management
|
||||
| Useful To Me Not Useful To Me | |||||
|
BBBulll
Senior |
11-Aug-2021 12:16
|
||||
|
x 0
x 0 Alert Admin |
Engines started! Target 50c | ||||
| Useful To Me Not Useful To Me | |||||
|
augustgcl24
Member |
11-Aug-2021 11:38
|
||||
|
x 0
x 0 Alert Admin |
OTS - 
|
||||
| Useful To Me Not Useful To Me | |||||
|
augustgcl24
Member |
11-Aug-2021 11:37
|
||||
|
x 0
x 0 Alert Admin |
Slight movement today
|
||||
| Useful To Me Not Useful To Me | |||||
|
satruz
Master |
05-Aug-2021 10:21
|
||||
|
x 0
x 0 Alert Admin |
Yes, this stock will take some time to attract the attention of bigger investors, and once that happens, it shd go up fast. I'm vested and aiming for 50cts by next year :)
|
||||
| Useful To Me Not Useful To Me | |||||