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ETIKA undervalued gem stock

Hmmmm, never said that. Shall I say there was a certain amount of dressing up?

ytoh1688      ( Date: 08-Aug-2014 08:59) Posted: So are you saying Asahi is a sucker?

 

So are you saying Asahi is a sucker?

 

The other business divisions used to make a lot of profits. But I suspect they absorbed a lot of the costs from the dairy division due to opaque transfer pricing. This jacks up the profits of the dairy division. This helps to boost the profit of the dairy division.

 

This is because on XD date, the contra trade will show a loss of 30 cents per share, assuming it drops by 30 cents. The contra player may not have money to top up. Must wait tillmonth end for the dividend money to come in. So major shareholders is doing this to force players to exit. Today a major shareholder just announced he sold 1.2 million shares. It is the same thinking behind to induce sellers. I can tell you from personal trades that 445 was very well supported last few days. Whatever sold was FULLY ABSORBED!

Chewbecca      ( Date: 07-Aug-2014 15:23) Posted: why contra player have to sell before xd? i never do contra before lifeisgood      ( Date: 07-Aug-2014 12:47) Posted: Contra guys have no choice but to sell since XD is only a few days away. Envictus very smelly. Luckily I am not contra player.

 

Relax brother. I think some shareholders needed money, this might explain why xd is so soon.

bobian      ( Date: 07-Aug-2014 20:50) Posted: I kena con liao. o well, at least got some kopi $. :p lifeisgood      ( Date: 07-Aug-2014 20:39) Posted: He has 63 mio shares. Why only sell 1.2

 

I kena con liao. o well, at least got some kopi $. :p

lifeisgood      ( Date: 07-Aug-2014 20:39) Posted: He has 63 mio shares. Why only sell 1.2 . bobian      ( Date: 07-Aug-2014 20:27) Posted: hope you are right, huat big big.

 

He has 63 mio shares. Why only sell 1.2 .

bobian      ( Date: 07-Aug-2014 20:27) Posted: hope you are right, huat big big. lifeisgood      ( Date: 07-Aug-2014 20:15) Posted: Dont get fooled by his action. Trying to lure out sellers for them to buy cheap

 

hope you are right, huat big big.

lifeisgood      ( Date: 07-Aug-2014 20:15) Posted: Dont get fooled by his action. Trying to lure out sellers for them to buy cheap. bobian      ( Date: 07-Aug-2014 20:06) Posted: major shareholder sold 1.2 mil share, not a vote of confidence leh. not vested.

 

Dont get fooled by his action. Trying to lure out sellers for them to buy cheap.

bobian      ( Date: 07-Aug-2014 20:06) Posted: major shareholder sold 1.2 mil share, not a vote of confidence leh. not vested.

 

major shareholder sold 1.2 mil share, not a vote of confidence leh. not vested.

 

I think so. 

keat123      ( Date: 07-Aug-2014 18:20) Posted: Are you sure??

 

Are you sure??

 

I think the remaining business is very profitable. Lets just see the next quarter results.

keat123      ( Date: 07-Aug-2014 18:14) Posted: Thoese transfer pricing related business units been sold to Asahi, i.e. General Packaging and Etika Dairies. I dont think that would cause much impact in coming quarters. To me, 30sen dividend payout from the deal of Asahi is something rewarding. Indeed, the company values are truely relected at current market price of 45sen. Its much depending on how the management is going to grow their remaining business from now onwards. Personally, i would say the balance of 15sen is something about trust  or confidence  towards the company rather that the values of remaining assets. If the management are somehow dishonest, the value of assets  can  just mean  nothing!

 

Thoese transfer pricing related business units been sold to Asahi, i.e. General Packaging and Etika Dairies. I dont think that would cause much impact in coming quarters. To me, 30sen dividend payout from the deal of Asahi is something rewarding. Indeed, the company values are truely relected at current market price of 45sen. Its much depending on how the management is going to grow their remaining business from now onwards. Personally, i would say the balance of 15sen is something about trust  or confidence  towards the company rather that the values of remaining assets. If the management are somehow dishonest, the value of assets  can  just mean  nothing!

 

When a company has many different biz units, there are a lot of transfer pricing. After they sold off the diary biz, you should see the impact of transfer pricings on the other units in the next quarter.

jwong016      ( Date: 07-Aug-2014 16:16) Posted: Not sure how to value remaining businesses - but a safety gauge should be around 40.6c~ where their cash holding currently is. DYODD

 

Not sure how to value remaining businesses - but a safety gauge should be around 40.6c~ where their cash holding currently is. DYODD

 

think they have ben concentrating on the diary business so far, with the Indo and Viet acquistions

Now that it is off the table, they shd have more time on the rest of the business, namely the noodles and NZ business sd hopefully turn ard and then expand the frozen and bread business under the guidance of Sam G.   They sd be more synergy between TYJ and the frozen/Bread Biz.   Wondering if they retain any of the auxilliary diary business

lifeisgood      ( Date: 07-Aug-2014 14:16) Posted: Now you see the remaining business like all losses type. Wait for the next quarter earnings to see the REAL truth of the worthiness of the remaining businesses.     ytoh1688      ( Date: 07-Aug-2014 14:04) Posted: I read somewhere that  a) the remaining business is worth 14 cts b) cash not distributed from sale = 12 cts meaning that this business is worth at least 0.26 after dividend

 

why contra player have to sell before xd? i never do contra before

lifeisgood      ( Date: 07-Aug-2014 12:47) Posted: Contra guys have no choice but to sell since XD is only a few days away. Envictus very smelly. Luckily I am not contra player.

 

This chng kay  is very smelly type.   XD so soon, to force ALL the contra players to get out.

 

Asahi would not see the REAL truth of the dairy business as Asahi will have its own cost structure. But it is likely to see LESS profits than when under Etika.