Post Reply
141-160 of 616
Rocket up when Philippines exchange open?
Analyst estimate core profit ~100m USD, company has already hit 70m USD even before the busy Christmas season
Analyst estimate core profit ~100m USD, company has already hit 70m USD even before the busy Christmas season
Opened at 33 cts, up 1.5 cts (4.76%).
Everyday ( Date: 07-Dec-2022 21:31) Posted:
|
Del Monte Pacific Achieves 38% Higher 2Q Net Income of US$49.5m
Full details at Sgx Co announcement:
https://links.sgx.com/1.0.0/corporate-announcements/4JZCEJJ6H0IFVUPK/de2c8b06bbc5aa1c54eaf3da79895f13e6f77c2d233d73a142db9d02c0f91a41
Full details at Sgx Co announcement:
https://links.sgx.com/1.0.0/corporate-announcements/4JZCEJJ6H0IFVUPK/de2c8b06bbc5aa1c54eaf3da79895f13e6f77c2d233d73a142db9d02c0f91a41
If US is also going to experience rolling blackouts like Europe, then I think many are going to go from frozen to canned food. If we think of the US as a contiguoius,united nation state, then it might never happen. But if we think of these american states as red-blue politically divided, predatory and selfish, then oil rich states in the US might pull the rug on states that import energy when they most need it esp in a hyper inflationary state pun intended.
https://www.poems.com.sg/stock-research/DMP.SG/
Outlook
We expect a healthy recovery in the coming quarters.
Outlook
We expect a healthy recovery in the coming quarters.
- US: Del Monte Food is riding on the increased dining and preparation of meals in homes. In addition, consumers are shifting to more value items in the centre store, away from fresh and frozen. Del Monte' s trusted brand and value image have allowed it to fend off even cheaper house brands. Around 75% of products cost less than US$2. Multi-pack offerings are also gaining traction as consumers pantry load with lower unit price points.
- Philippines: In August, volumes were up 33% YoY. The inventory de-loading and transitioning to the new distributor are complete. There is a planned price increase in October. Re-opening is supporting the food service and convenience store channel. To cope with the consumers' shrinking wallet size, products are repacked to more value bundles. Del Monte will not lower its price point in beverages from the current P20 to P10, to compete with lower priced PET juices. The improving macro environment is another catalyst to support the recovery.
Del Monte to raise product prices again from October as margin pressures rise
CANNED food brand Del Monte Pacific : D03 -1.47% will &ldquo selectively&rdquo raise the price of its products across its markets in the US and the Philippines in October amid higher margin pressure brought about by higher costs and inflationary pressures, company executives said on Friday (Sep 9).
In a call to discuss the company&rsquo s latest financial results for Q1 ended July, chief financial officer of Del Monte&rsquo s subsidiary, Del Monte Philippines Inc (DMPI), Parag Sachdeva, said the company will raise the prices on categories where there are both opportunity and margin pressures.
Luis Alejandro, chief operating officer of DMPI, said the prices of products in the Philippines will be raised by about 2.5 per cent to 3.5 per cent over October. DMPI&rsquo s price increase in Q1 was about 8.2 per cent on a year-on-year basis.
He noted that by comparison, other commodities range from 50 per cent to 100 per cent. &ldquo As far as our products are concerned, our pricing strategy has been one of smaller increments but more frequent as opposed to the &lsquo one time big time&rsquo strategy,&rdquo said Alejandro.
When asked if the US market would face price hikes of the similar range, company executives did not provide the exact figures, but said the market would face price increases as well. However, US subsidiary Del Monte Foods Inc (DMFI) in early September executed its third price increase since May 2021.
Around the world, food prices have soared on the back of the war between Russia and Ukraine. These 2 countries account for a significant part of the likes of fertiliser, wheat, barley and sunflower oil. The ongoing war has crimped the supply of these, which has caused the prices of food to soar.
The way to &ldquo counter the inflationary environment&rdquo is to have products that offer better value to the consumers and ensure that the company&rsquo s portfolio is competitive, said Alejandro. For instance, Del Monte&rsquo s bundle packs provide a pricing incentive and encourages &ldquo loading up&rdquo .
Del Monte on Thursday posted a net loss of US$30.5 million for Q1 versus earnings of US$18.3 million in the corresponding year-ago period after a one-off US$71.9 million expense for the redemption of notes.
Revenue for the period was down 1.2 per cent to US$456.6 million due to lower revenue in the Philippines, despite better performance in the US and international markets.
Sales for the Philippines market was down 18 per cent year on year to US$75.3 million, while DMFI&rsquo s sales inched up 1.5 per cent to US$302.4 million.
DMFI&rsquo s chief executive Greg Longstreet said the company has seen a &ldquo healthy growth&rdquo in market share in Q1, and it will continue to invest in tabling differentiated and innovative products.
The US unit is watching consumer trends very closely, he said. The middle class is facing the brunt of inflation in the industry, and consumers are now &ldquo stretching their food dollars&rdquo .
DMFI stands to benefit from increased penetration into households from a higher reliance on meals prepared at home, and the resultant growth potential from this trend, said Longstreet. He added that the unit has been able to offset a &ldquo significant portion of inflation&rdquo through operational efficiencies
For instance, the company has begun cost-saving initiatives such as consolidating its distribution centres and increasing the use of rail transport instead of trucks to save on fuel cost in the US. Meanwhile, in the Philippines, it is adjusting its tin can packaging to lower costs.
Longstreet added that for the US unit, the journey towards an &ldquo asset-light&rdquo business model continues. DMFI is particularly looking at areas such as warehousing and logistics to &ldquo consolidate, centralise and find savings and efficiencies&rdquo . He reckons these savings will boost the unit&rsquo s, and therefore the company&rsquo s, bottomline figures.
Del Monte posts Q1 net loss after one-off debt redemption cost
CANNED food brand Del Monte Pacific on Thursday (Sep 8) posted a net loss of US$30.5 million for the first quarter ended Jul 31, compared to a net profit of US$18.3 million a year ago, after a one-off US$71.9 million expense for the redemption of notes.
The company said US$26.3 million of the redemption cost was non-cash. Excluding the one-off cost, Del Monte would have generated a 7.2 per cent increase in net profit to US$19.6 million, after US subsidiary Del Monte Foods Inc&rsquo s (DMFI) 67 per cent rise in net profit on lower interest expense.
The company posted a loss per share of 1.65 US cents, compared with an earnings per share of 0.69 US cent a year ago.
In May, DMFI took a US$600 million loan at an interest rate of adjusted Secured Overnight Financing Rate with a floor of 0.5 per cent plus 4.25 per cent. It used the proceeds to repurchase US$500 million of its senior unsecured bonds and pay the associated redemption fees and accrued interest.
The group expects to save US$20-30 million per year given the lower interest rate on the loan. The bonds had an interest rate of 11.875 per cent per annum and were originally due in 2025.
Del Monte, which is dual listed in Singapore and the Philippines, said Q1 revenue dipped 1.2 per cent to US$456.6 million due to lower revenue in the Philippines despite better performance in the US and international markets.
The Philippine market generated sales of US$75.3 million, 18 per cent lower year on year. Beverage and mixed fruits sales declined amid shifting consumer preferences, though Del Monte pointed to the increasing traction of new innovations in dairy and snacking. The segment now accounts for 8 per cent of Philippine sales.
DMFI had sales of US$302.4 million, representing 66 per cent of revenue. Sales rose 1.5 per cent on the back of higher retail branded sales of canned vegetable, tomato, broth and Joyba bubble tea. New products launched in the past 3 years contributed 6.8 per cent to DMFI&rsquo s total sales in the first quarter.
Sales in international markets, led by S& W brand, grew 16 per cent to US$85.6 million. Fresh sales rose 20 per cent, driven by stronger demand in North Asia and better supply. S& W packaged sales improved by 49 per cent, mostly driven by North Asia.
Del Monte said it has started cost-optimisation initiatives, including consolidating its distribution centres and increasing the use of rail transport instead of trucks to save on fuel cost in the US. In the Philippines, it is adjusting its tin can packaging to lower costs.
Barring unforeseen circumstances, the group expects to generate a net profit in FY2023 after one-off redemption expenses.
Canned food brand Del Monte Pacific on Thursday (Sep 8) posted a net loss of US$30.5 million for the first quarter ended Jul 31, compared to a net profit of US$18.3 million a year ago, after a one-off US$71.9 million expense for the redemption of notes. The company said US$26.3 million of the redemption cost was non-cash. Excluding the one-off cost, Del Monte would have generated a 7.2 per cent increase in net profit to US$19.6 million, after US subsidiary Del Monte Foods Inc&rsquo s (DMFI) 67 per cent rise in net profit on lower interest expense. The company posted a loss per share of 1.65 US cents, compared with an earnings per share of 0.69 US cent a year ago.
Keep dropping
What happen
What happen
https://business.inquirer.net/358947/campos-group-readies-ipo-of-2-del-monte-pacific-subsidiaries
Published on 24 August 2022
Campos group-led consumer giant Del Monte Pacific Ltd. (DMPL) is in talks with banks for the stock market debut of its subsidiaries in the Philippines and the United States.
Published on 24 August 2022
Campos group-led consumer giant Del Monte Pacific Ltd. (DMPL) is in talks with banks for the stock market debut of its subsidiaries in the Philippines and the United States.
Del Monte' s US subsidiary acquires Kitchen Basics for US$99 mil
Felicia Tan
Thu, Aug 04, 2022 &bull 08:23 AM GMT+08
Del Monte Foods, the US subsidiary of dual-listed Del Monte Pacific Limited, has acquired Kitchen Basics for US$99 million ($136.7 million).
The assets acquired comprise intellectual property and inventory. No property, plant and/or equipment were acquired.
The consideration was established through an auction process and negotiations between the parties, and financed through available credit facilities.
Kitchen Basics was founded in 1996 and is regarded as the pioneer in liquid stock. Its products are distributed nationally in the US and include a range of conventional and organic stock and broth offerings. The brand remains an industry leader in the US today with net sales of around US$45 million.
According to Del Monte, the acquisition is in line with its overall growth strategy.
On a pro forma basis, had the acquisition been completed on April 30, Del Monte&rsquo s net tangible assets (NTA) per share would have increased to 22.71 US cents from 18.65 US cents. The group&rsquo s earnings per share (EPS) on a pro forma basis would have increased to 4.39 US cents from 4.17 US cents.
Kitchen Basics will join Del Monte&rsquo s brand portfolio as the company expands its retail presence in the category.
&ldquo Del Monte Foods has gone through a positive transformation over the past five years, and we have become a leading innovative CPG growth company,&rdquo says Greg Longstreet, president and CEO of Del Monte Foods. &ldquo As we plan for the next decade of growth, we&rsquo re committed to strengthening our branded product portfolio to meet consumers&rsquo changing needs. The acquisition of Kitchen Basics will enable us to leverage synergies across our business to scale our broth and stock portfolio across North America.&rdquo
&ldquo We&rsquo ve seen heightened interest in broth and stocks over the last few years as consumers double down on home meal preparation, health and wellness,&rdquo says Bibie Wu, chief marketing officer of Del Monte Foods. &ldquo Kitchen Basics is well-known for its culinary quality. We&rsquo re excited to bring Kitchen Basics into the Del Monte family of brands to help people create healthful meals they love.&rdquo
Shares in Del Monte closed 0.5 cent higher or 1.43% up at 35.5 cents on Aug 3.
Thu, Aug 04, 2022 &bull 08:23 AM GMT+08
Del Monte Foods, the US subsidiary of dual-listed Del Monte Pacific Limited, has acquired Kitchen Basics for US$99 million ($136.7 million).
The assets acquired comprise intellectual property and inventory. No property, plant and/or equipment were acquired.
The consideration was established through an auction process and negotiations between the parties, and financed through available credit facilities.
Kitchen Basics was founded in 1996 and is regarded as the pioneer in liquid stock. Its products are distributed nationally in the US and include a range of conventional and organic stock and broth offerings. The brand remains an industry leader in the US today with net sales of around US$45 million.
According to Del Monte, the acquisition is in line with its overall growth strategy.
On a pro forma basis, had the acquisition been completed on April 30, Del Monte&rsquo s net tangible assets (NTA) per share would have increased to 22.71 US cents from 18.65 US cents. The group&rsquo s earnings per share (EPS) on a pro forma basis would have increased to 4.39 US cents from 4.17 US cents.
Kitchen Basics will join Del Monte&rsquo s brand portfolio as the company expands its retail presence in the category.
&ldquo Del Monte Foods has gone through a positive transformation over the past five years, and we have become a leading innovative CPG growth company,&rdquo says Greg Longstreet, president and CEO of Del Monte Foods. &ldquo As we plan for the next decade of growth, we&rsquo re committed to strengthening our branded product portfolio to meet consumers&rsquo changing needs. The acquisition of Kitchen Basics will enable us to leverage synergies across our business to scale our broth and stock portfolio across North America.&rdquo
&ldquo We&rsquo ve seen heightened interest in broth and stocks over the last few years as consumers double down on home meal preparation, health and wellness,&rdquo says Bibie Wu, chief marketing officer of Del Monte Foods. &ldquo Kitchen Basics is well-known for its culinary quality. We&rsquo re excited to bring Kitchen Basics into the Del Monte family of brands to help people create healthful meals they love.&rdquo
Shares in Del Monte closed 0.5 cent higher or 1.43% up at 35.5 cents on Aug 3.
Del Monte unit acquires broth specialist&rsquo s assets for US$99m
THU, AUG 04, 2022 - 8:29 AM
DUAL-LISTED Del Monte Pacific : D03 0% on Thursday (Aug 4) announced that its US subsidiary has acquired for US$99 million the intellectual property and inventory associated with the Kitchen Basics brand of ready-to-use stock and broth from McCormick & Company.
DUAL-LISTED Del Monte Pacific : D03 0% on Thursday (Aug 4) announced that its US subsidiary has acquired for US$99 million the intellectual property and inventory associated with the Kitchen Basics brand of ready-to-use stock and broth from McCormick & Company.
The purchase was financed through credit facilities and did not involve the acquisition of any property, plant or equipment, Del Monte said. Founded in 1996, the Kitchen Basics brand calls itself a pioneer in liquid stock, with net sales of about US$45 million. It will join Del Monte&rsquo s brand portfolio.
&ldquo The acquisition of Kitchen Basics will enable us to leverage synergies across our business to scale our broth and stock portfolio across North America,&rdquo said Greg Longstreet, president and chief executive of the US unit Del Monte Foods.
There is heightened interest in broth and stocks over the last few years, as consumers focus more on home meal preparation, health and wellness, added Bibie Wu, chief marketing officer of Del Monte Foods.
Del Monte closed 1.4 per cent or S$0.005 higher at S$0.355 on Wednesday.
PhillipCap raises TP on Del Monte to 69 cents on 38% earnings growth
PhillipCapital&rsquo s head of research Paul Chew has maintained his &ldquo buy&rdquo rating and raised his target price on Del Monte to 69 cents, up from his previous figure of 63 cents.
Del Monte&rsquo s patmi for the 4QFY2022 ended April, which jumped 38% y-o-y to US$20.0 million ($27.7 million), surpassed Chew&rsquo s expectations.
The 4QFY2022 earnings beat was from lower operating expenses, despite a one-off stock compensation of US$2 million. Del Monte&rsquo s final dividend was also up 42% y-o-y to 1.7 US cents.
In the FY2022, the company&rsquo s revenue came in at US$2.34 billion, with patmi at US$100 million, which stood at 101% and 105% of Chew&rsquo s FY2022 forecasts.
Notably, US subsidiary DMFI registered a 4-fold jump in patmi in 4QFY2022 to US$19 million, with revenue also rising 25% y-o-y to US$411 million.
Gross margins for DMFI also recovered q-o-q from 21% to 25% due to higher selling prices and new products contributing 5% to revenue.
Chew says consumer staples are enjoying a lift in demand as US households dine more at home as food inflation escalates.
&ldquo Households are looking for value and quality home meals, replacing their spending on restaurants as inflation picks up nationwide,&rdquo he adds.
As such, revenue for DMFI was supported by a surge in packaged vegetable sales as it expanded into new channels, including convenience stores, natural food, club stores and food service.
On the other hand, he expects the demand in the Philippines to remain weak with revenue dropping 6% y-o-y and earnings sliding 31%.
Chew observes that there is a shift in consumer priorities to essential items, away from less-essential food such as canned mixed fruit or packaged fruit.
As such, the segment suffered the most significant drop, a 31% y-o-y fall to US$22 million in the Asia Pacific region.
Overall, free cash flow generated in FY2022 fell to US$66 million, compared to US$163 million in the year before, with Chew explaining that a large drain in operating cash flow was an additional US$135 million in inventory to stock up on raw materials as a hedge from rising prices.
Capex for Del Monte also rose by US$39 million to US$202 million in FY2022, used for expanding the planted area for pineapples, increasing manufacturing capacity, as well as new packaging capabilities.
Reducing interest payments
On its balance sheet, Del Monte has refinanced expensive preferential shares and high yield debt, replacing US$200 million worth of 6.625% preference shares with senior fixed-rate debt of 3.75% and a floating-rate loan at 3.8%. The move has resulted in dividend savings of around US$6 million.
Furthermore, in May, DMFI raised a US$600 million 7-year term loan at a floating 4.75%, refinancing US$500 million of senior secured notes that had a rate of 11.875%.
The early redemption of the high yield notes cost a one-off US$70 million, but will result in annual cash savings of about US$20 million to US$30 million.
Chew sees &ldquo multiple drivers for earnings growth&rdquo in DMFI, namely new products, more distribution channels, higher prices, cost optimization and food inflation driving more home dining.&rdquo
However, the recovery in the Philippines will be slower as inflation shifts consumption patterns to more staples.
Recovery will only come from convenience and food services channels as foot traffic returns with lockdowns being eased.
Further to his report, Chew has also raised his earnings estimates for the FY2023 by 9% despite a cut in gross margin assumptions. His P/E valuations has also been rolled over to the FY2023.
&ldquo We increased our discount to industry valuations from 20% to 30%. We believe this is warranted due to the higher gearing and greater exposure to rising interest rates compared to industry peers,&rdquo the analyst writes.
Chew says, &ldquo we find Del Monte valuations attractive at a FY2023 P/E of 5x, with a 6% dividend yield,&rdquo adding that a listing of DMFI would be a re-rating catalyst to de-gear and crystalise higher valuations.
No body interested caused it has a high leverage. Only if they can reduce their debts substantially then will attract investor.
Dividend = US$0.017 * 1.3885 = S$0.0236
At current price of S$0.37, the dividend yield is 6.38%.
At current price of S$0.37, the dividend yield is 6.38%.
MakeChanges ( Date: 24-Jun-2022 08:13) Posted:
|
NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of Del Monte
Pacific Limited (the " Company" ) will have a record date of 13 July 2022 (" Record Date" ) for the purpose
of determining the entitlements of shareholders of the Company (the " Shareholders" ) to the cash
dividend of US$0.017 per Ordinary Share of the Company (" Dividend" ).
The Dividend will be paid on 27 July 2022.
For Singapore Shareholders
Duly completed registrable transfers received by the Company& rsquo s Share Transfer Agent in Singapore,
Boardroom Corporate & Advisory Services Pte. Ltd. at 1 Harbourfront Avenue, Keppel Bay Tower #14-
07, Singapore 098632, up to 5.00 p.m. on the Record Date will be registered to determine Shareholders& rsquo
entitlements to the Dividend. Members whose Securities Accounts with The Central Depository (Pte)
Limited are credited with Ordinary Shares of the Company as at the Record Date will be entitled to the
Dividend.
Pacific Limited (the " Company" ) will have a record date of 13 July 2022 (" Record Date" ) for the purpose
of determining the entitlements of shareholders of the Company (the " Shareholders" ) to the cash
dividend of US$0.017 per Ordinary Share of the Company (" Dividend" ).
The Dividend will be paid on 27 July 2022.
For Singapore Shareholders
Duly completed registrable transfers received by the Company& rsquo s Share Transfer Agent in Singapore,
Boardroom Corporate & Advisory Services Pte. Ltd. at 1 Harbourfront Avenue, Keppel Bay Tower #14-
07, Singapore 098632, up to 5.00 p.m. on the Record Date will be registered to determine Shareholders& rsquo
entitlements to the Dividend. Members whose Securities Accounts with The Central Depository (Pte)
Limited are credited with Ordinary Shares of the Company as at the Record Date will be entitled to the
Dividend.
Del Monte Q4 net profit rises 38% to US$20 million as US sales pick up
For the full FY2022, Del Monte&rsquo s earnings were up 58.1 per cent to US$100 million from US$63.3 million in FY2021.
BLOOMBERG
CANNED food brand Del Monte Pacific on Thursday (Jun 23) posted earnings of US$20 million for the fourth quarter ended April, up 37.8 per cent from earnings of US$14.5 million in the corresponding year-ago period.
A key contributing factor to the improved bottomline figures was a 14.4 per cent year-on-year increase in sales to US$569.5 million from US$497.8 million, which the group attributed to strong sales growth across major segments in the US, as well as higher exports of its S& W branded premium fresh pineapples.
For FY2022, Del Monte&rsquo s earnings were up 58.1 per cent to US$100 million, from US$63.3 million in FY2021. Sales for the year were up 8.3 per cent to US$2.3 billion.
Del Monte&rsquo s board has approved a final dividend of US$0.017 per share, which is about 42 per cent higher than the previous year&rsquo s dividend. The dividend is payable to shareholders on Jul 27, after the book closure date on Jul 13.
On a per-share basis, earnings for Q4 rose to US$0.0082 from US$0.0049 in the year-ago period, while earnings for FY2022 stood at US$0.0417 versus US$0.0224 in FY2021.
For Q4, Del Monte&rsquo s US subsidiary Del Monte Foods Inc&rsquo s (DMFI) sales rose 25.2 per cent to US$411 million, which accounted for 72 per cent of the group&rsquo s turnover. DMFI&rsquo s improvement in sales was driven by strong branded retail sales &ndash particularly with canned vegetable and fruit volume rising 23 per cent on the back of increased product supply and merchandising support for the Easter holiday.
Del Monte&rsquo s canned vegetables, which had the highest contribution to branded retail sales, saw a 4-percentage point increase in market share on the back of strong commercial execution, increased distribution of core products, and new product expansion, all supported by superior supply chain service. Canned fruit, canned tomato and fruit cup snacks also achieved higher shares.
DMPL ex-DMFI generated sales of US$175.8 million, down 7.2 per cent from US$189.3 million in the year-ago quarter. The lower sales were mainly due to lower volume from the Philippines, lower export of S& W packaged pineapple and other products. These were, however, partially offset by higher exports of S& W branded fresh pineapple to China and South Korea.
Over in the Philippines, inflationary pressures dragged sales down 7.3 per cent in Peso terms to US$68.3 million, mainly on lower sales of mixed fruit and spaghetti sauce with increased activity from competition.
Packaged fruit and spaghetti sauce category consumption was also down due to shifting consumer priorities in the face of food inflation.
Despite volume decline, Del Monte&rsquo s market share of packaged fruit increased owing to sustained marketing programmes. However, spaghetti sauce lost share from low-priced brands.
Sales of the S& W branded business in Asia grew on the back of strong sales of the premium fresh pineapple segment in China and South Korea. In China, sales benefited from expanded distribution coverage from existing distributors, as well as new distributors which have supported the continued expansion into tier 2 and 3 cities.
Del Monte&rsquo s share in the Del Monte Foods (previously named FieldFresh) joint venture in India booked a loss of US$1.5 million during the quarter, which included one-off costs related to the closure of the low-margin fresh business. No loss was recorded in the corresponding quarter last year.
Del Monte Pacific&rsquo s chief executive Joselito Campos Jr said: &ldquo Our growth in FY2022 was no small feat amid the ongoing pressures of a pandemic and high inflation across the world.
&ldquo Through our trusted portfolio of quality products, strategic pricing actions and increasing efficiencies across our business, our team successfully navigated these unprecedented challenges and demonstrated our resilience.&rdquo
Amid a high-cost environment, Del Monte said it remains vigilant in managing its costs. DMFI, for instance, has embarked on a number of cost optimisation initiatives, including distribution centre consolidation and increased use of rail instead of trucks to save on fuel cost.
Barring unforeseen circumstances, Del Monte said it expects to generate higher net profit, before one-off refinancing expenses, in FY2023.
Shares of Del Monte closed flat at S$0.355 on Thursday.
This counter also another laggy. LOL. a no-brainer with effective 50%-100% upside. This kind of value and price spread I like. cheers.
The Dividend Rate of the Del Monte Pacific Series A-1 Preference Shares is at the fixed rate of 6.625% per annum. The annual interest cost for the US$200m preference shares is US$13.25m.
Very good corporate financial hygiene exercise. To main good credit rating and reduce unnecessary debt. cheers.
katak88 ( Date: 18-Mar-2022 10:56) Posted:
|