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Del Monte Results Announcement

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Jamie8888
    30-Aug-2023 01:12  
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As usual the executive directors fee must be very high compared to others and a good reason to receive this high pay even when DPML . If only they are paid the minimum standard and awarded with DPML shares to offset the high pay so as not to be kidnapped.
 
 
Cadence88
    29-Aug-2023 12:49  
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They explained that it is to not put their executives in the risk of kidnapping in philipines. Apparently kidnappers there will read up AR etc to find out how rich ppl are. They say it was told to SGX before.

Jamie8888      ( Date: 23-Aug-2023 09:28) Posted:

Since the company is not forthcoming in its directors' renumeration and its directors never willing to buy its shares, only conclusion is all retail investors come together to sell off the shares and like traders push the price to below 10 cents.

Joelton      ( Date: 22-Aug-2023 10:11) Posted:

Del Monte Pacific cites personal security reasons for not disclosing remuneration
 
GLOBAL food and beverage company Del Monte Pacific chose not to disclose the remuneration of its directors and top management due to &ldquo personal security reasons&rdquo , and confidentiality and commercial sensitivity within both the industry and group itself.
 
The company said this on Monday (Aug 21) in response to Singapore Exchange Regulation (SGX Regco), which had queried about its missing board diversity and remuneration policies in its latest annual report.
 
SGX Regco had noted that its 2018 Code of Corporate Governance required such disclosures. 
 
But the mainboard-listed group said its board believes that it is in the company&rsquo s best interest not to make the disclosures &ldquo given the confidentiality and commercial sensitivity attached to remuneration matters and for personal security reasons&rdquo .
 
The company said the annual report had given a &ldquo detailed account&rdquo of its remuneration policies, and explained how the company decided on the level and mix of remuneration, and the procedure for setting remuneration, among others.
 
Turning to address board diversity, the company said its directors have &ldquo diverse functional experience, skills and expertise&rdquo , but will endeavour to &ldquo further enhance diversity&rdquo to meet its needs in a changing business environment.
 
Specifically, it will be taking steps to reorganise its board by its annual general meeting in August next year, to meet regulatory and compliance requirements. 
 
To this end, the company will enlist the help of consultants, business networks and the Singapore Institute of Directors to do so, the group pointed out.
 
The reorganisation seeks to identify and nominate directors with the requisite experience, expertise, skills and attributes that would balance and complement those of the incumbent non-independent directors, it also said.


 
 
Jamie8888
    23-Aug-2023 09:28  
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Since the company is not forthcoming in its directors' renumeration and its directors never willing to buy its shares, only conclusion is all retail investors come together to sell off the shares and like traders push the price to below 10 cents.

Joelton      ( Date: 22-Aug-2023 10:11) Posted:

Del Monte Pacific cites personal security reasons for not disclosing remuneration
 
GLOBAL food and beverage company Del Monte Pacific chose not to disclose the remuneration of its directors and top management due to &ldquo personal security reasons&rdquo , and confidentiality and commercial sensitivity within both the industry and group itself.
 
The company said this on Monday (Aug 21) in response to Singapore Exchange Regulation (SGX Regco), which had queried about its missing board diversity and remuneration policies in its latest annual report.
 
SGX Regco had noted that its 2018 Code of Corporate Governance required such disclosures. 
 
But the mainboard-listed group said its board believes that it is in the company&rsquo s best interest not to make the disclosures &ldquo given the confidentiality and commercial sensitivity attached to remuneration matters and for personal security reasons&rdquo .
 
The company said the annual report had given a &ldquo detailed account&rdquo of its remuneration policies, and explained how the company decided on the level and mix of remuneration, and the procedure for setting remuneration, among others.
 
Turning to address board diversity, the company said its directors have &ldquo diverse functional experience, skills and expertise&rdquo , but will endeavour to &ldquo further enhance diversity&rdquo to meet its needs in a changing business environment.
 
Specifically, it will be taking steps to reorganise its board by its annual general meeting in August next year, to meet regulatory and compliance requirements. 
 
To this end, the company will enlist the help of consultants, business networks and the Singapore Institute of Directors to do so, the group pointed out.
 
The reorganisation seeks to identify and nominate directors with the requisite experience, expertise, skills and attributes that would balance and complement those of the incumbent non-independent directors, it also said.

 

 
Joelton
    22-Aug-2023 10:11  
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Del Monte Pacific cites personal security reasons for not disclosing remuneration
 
GLOBAL food and beverage company Del Monte Pacific chose not to disclose the remuneration of its directors and top management due to &ldquo personal security reasons&rdquo , and confidentiality and commercial sensitivity within both the industry and group itself.
 
The company said this on Monday (Aug 21) in response to Singapore Exchange Regulation (SGX Regco), which had queried about its missing board diversity and remuneration policies in its latest annual report.
 
SGX Regco had noted that its 2018 Code of Corporate Governance required such disclosures. 
 
But the mainboard-listed group said its board believes that it is in the company&rsquo s best interest not to make the disclosures &ldquo given the confidentiality and commercial sensitivity attached to remuneration matters and for personal security reasons&rdquo .
 
The company said the annual report had given a &ldquo detailed account&rdquo of its remuneration policies, and explained how the company decided on the level and mix of remuneration, and the procedure for setting remuneration, among others.
 
Turning to address board diversity, the company said its directors have &ldquo diverse functional experience, skills and expertise&rdquo , but will endeavour to &ldquo further enhance diversity&rdquo to meet its needs in a changing business environment.
 
Specifically, it will be taking steps to reorganise its board by its annual general meeting in August next year, to meet regulatory and compliance requirements. 
 
To this end, the company will enlist the help of consultants, business networks and the Singapore Institute of Directors to do so, the group pointed out.
 
The reorganisation seeks to identify and nominate directors with the requisite experience, expertise, skills and attributes that would balance and complement those of the incumbent non-independent directors, it also said.
 
 
Jamie8888
    22-Aug-2023 09:48  
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Today there are people queuing to buy 5000 shares at 0.152. How I wish it is DPML buying up their shares if only they have the repurchase share mandate which is not in the coming AGM. 
 
 
Beta21177
    18-Aug-2023 08:46  
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buy bit by bit la

Jamie8888      ( Date: 16-Aug-2023 16:20) Posted:

It' s 15 cents now.  Still interested to scoop up the shares?

Beta21177      ( Date: 08-Aug-2023 10:42) Posted:

waiting at 15c


 

 
Thi654321ABCDEF
    17-Aug-2023 15:45  
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gone case

Ftyeng      ( Date: 17-Aug-2023 14:09) Posted:

[17Aug2023 14:05] $0.148 already.

 
 
Ftyeng
    17-Aug-2023 14:09  
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[17Aug2023 14:05] $0.148 already.
 
 
Jamie8888
    17-Aug-2023 11:47  
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DPML is a stock for traders only. By the look of selling, Its price is going to 13cents by end of August. As the company refused to have a share repurchase mandate in the coming AGM, traders are profiting on the falling price. A further sell down is expected when it reports its first quarter earnings is worse than last year .
 
 
Jamie8888
    16-Aug-2023 16:20  
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It' s 15 cents now.  Still interested to scoop up the shares?

Beta21177      ( Date: 08-Aug-2023 10:42) Posted:

waiting at 15c

 

 
Jamie8888
    16-Aug-2023 09:11  
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Going 0.15 but do not scoop up the share as it looks like falling to 0.14 and no upward price movement. Be a tr ader and not investor on DPML as their giveaway goodie bag contains DPML products from warehouse inventory. The best company to make profit by traders on DPML shares.
 
 
Jamie8888
    15-Aug-2023 17:19  
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So many traders want to sell at 0.155 but no takers. Price is still on down trend since May 23.  Profit guaranteed by using CFD strategy. Pity those longtime  investors attending AGM.

Jamie8888      ( Date: 14-Aug-2023 16:16) Posted:

DPML at 0.155 still expensive as traders still refusing to buy up the shares. 

 
 
Jamie8888
    14-Aug-2023 16:16  
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DPML at 0.155 still expensive as traders still refusing to buy up the shares. 
 
 
finjungle
    10-Aug-2023 16:44  
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Every now and then,almost in a cycle,this group of companies literally kills itself via the share price by the higher and higher interest costs.

Just do not know what the 71.70 % shareholder and the recent minted CFO are doing with this listed company???

Please attend the forthcoming AGM

Jamie8888      ( Date: 10-Aug-2023 15:31) Posted:

About 278000 shares at 0.156. Price had fallen more than 5% and is reaching 0.15 nxt week.

 
 
Jamie8888
    10-Aug-2023 15:31  
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About 278000 shares at 0.156. Price had fallen more than 5% and is reaching 0.15 nxt week.
 

 
Beta21177
    08-Aug-2023 10:42  
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waiting at 15c
 
 
finjungle
    08-Aug-2023 10:17  
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Hello Hello

Marcos Jr is being paid by the Americans to irritate China.
This is sheer foolishness for his country and  his poor citizens who go round the world to work to bring food on the tables in the villages.
Does he care? Of course NOT

Observers      ( Date: 07-Aug-2023 14:36) Posted:

Don' t know is sway or what. I mean, raising funds (IPO) amidst a US banking crisis and record Fed rate hike. Then now Marcos want to pick a fight with China building US military bases north of Phillipines towards south of Taiwan. Maybe I' m just too pessmimistic. Hopefully their revamped US operations can pull the group thru or the Fed can sooner signal a rate drop?

 
 
Jamie8888
    08-Aug-2023 09:34  
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Please use CFD strategy to make profits.  To date DPML share price had fallen 4 cents since full year result iwas released. Sell first and scoop up later as there is no signal that price will rise. Traders are profiting from selling first and buy back later.
 
 
Observers
    07-Aug-2023 14:36  
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Don' t know is sway or what. I mean, raising funds (IPO) amidst a US banking crisis and record Fed rate hike. Then now Marcos want to pick a fight with China building US military bases north of Phillipines towards south of Taiwan. Maybe I' m just too pessmimistic. Hopefully their revamped US operations can pull the group thru or the Fed can sooner signal a rate drop?
 
 
Jamie8888
    07-Aug-2023 12:18  
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Thks for the update.  A renewal of the management is required as shareholders interest is not their main focus. Price is falling to 0.16 this week.

finjungle      ( Date: 07-Aug-2023 10:33) Posted:

Hello fellow shareholders

Please do attned the AGM and pose questions.

At the last physical AGM for 2019 AGM from my recollection, The CFO was so bullish about the Group snd more especially about the IPO of the subsidiary in the Philippines. In that subsidiary, the Group sold a chunk of shares to a private equity fund to pare down the debts in the Group. There is a DEADLINE for the listing/IPO.

WHat has had happened???

 

Ftyeng      ( Date: 07-Aug-2023 10:23) Posted:

Got questions to ask (or wish to find out more information from answers to questions by bigger shareholders) or wish to find out more information about DMP,  make sure you attend AGM on Tue 29Aug2023 at:

Orchard Hotel
Level 3 Orchard Ballroom 3
442 Orchard Road 
Singapore 238879

Can participate in voting alive fter listening to questions and answers too (as opposed to sending in proxy votes).

See you there.


 
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