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Today up 3.5 cents. 3rd quarter and 1st 9 months net profit are better than last year
MichaelSchenker ( Date: 26-Apr-2017 20:15) Posted:
Anybody betting on a one-off special dividend or capital reduction?
YHS close 1.37 today
Volume: usually low
MichaelSchenker ( Date: 26-Apr-2017 20:10) Posted:
Yeo Hiap Seng Q1 results boosted by gain on disposal
Wednesday, April 26, 2017 - 19:52
YEO Hiap Seng' s net profit for the three months ended March 31, 2017, swelled to S$138.98 million from about S$5.4 million a year ago, boosted by a S$138.35 million gain on disposal of its investment in Super Group.
Revenue fell from S$110.99 million to S$81.87 million mainly due to disruption of sales in Cambodia following a dispute with its distributor, delayed shipments for certain markets and general market weakness.
Earnings per share for the quarter rose to 24.06 Singapore cents, up from 0.94 cent a year ago.
The group warned that food & beverage margins are likely to come under pressure in the next 12 months due to soft economic conditions and a weak outlook for its key markets, competitive selling prices, as well as fluctuations in the price of raw materials and regional currencies.
http://www.businesstimes.com.sg/companies-markets/yeo-hiap-seng-q1-results-boosted-by-gain-on-disposal
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Anybody betting on a one-off special dividend or capital reduction?
YHS close 1.37 today
Volume: usually low
MichaelSchenker ( Date: 26-Apr-2017 20:10) Posted:
Yeo Hiap Seng Q1 results boosted by gain on disposal
Wednesday, April 26, 2017 - 19:52
YEO Hiap Seng' s net profit for the three months ended March 31, 2017, swelled to S$138.98 million from about S$5.4 million a year ago, boosted by a S$138.35 million gain on disposal of its investment in Super Group.
Revenue fell from S$110.99 million to S$81.87 million mainly due to disruption of sales in Cambodia following a dispute with its distributor, delayed shipments for certain markets and general market weakness.
Earnings per share for the quarter rose to 24.06 Singapore cents, up from 0.94 cent a year ago.
The group warned that food & beverage margins are likely to come under pressure in the next 12 months due to soft economic conditions and a weak outlook for its key markets, competitive selling prices, as well as fluctuations in the price of raw materials and regional currencies.
http://www.businesstimes.com.sg/companies-markets/yeo-hiap-seng-q1-results-boosted-by-gain-on-disposal
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Yeo Hiap Seng Q1 results boosted by gain on disposal
Wednesday, April 26, 2017 - 19:52
YEO Hiap Seng' s net profit for the three months ended March 31, 2017, swelled to S$138.98 million from about S$5.4 million a year ago, boosted by a S$138.35 million gain on disposal of its investment in Super Group.
Revenue fell from S$110.99 million to S$81.87 million mainly due to disruption of sales in Cambodia following a dispute with its distributor, delayed shipments for certain markets and general market weakness.
Earnings per share for the quarter rose to 24.06 Singapore cents, up from 0.94 cent a year ago.
The group warned that food & beverage margins are likely to come under pressure in the next 12 months due to soft economic conditions and a weak outlook for its key markets, competitive selling prices, as well as fluctuations in the price of raw materials and regional currencies.
http://www.businesstimes.com.sg/companies-markets/yeo-hiap-seng-q1-results-boosted-by-gain-on-disposal
Got provide lunch buffet or not? haha...just kidding!
I looked thru' their 12 ordinary resolution and apparently they have no plans to return the money to shareholders yet (from the sale of Super)
Dividend already announced, so, the usual AGM crap....re-elect directors, director fees.....etc Should be boring stuff.
Then, what are they going to do with the money?
Or perhaps it' s good to buy a few lots first, and then wait out?
Secret_Squirrel ( Date: 25-Apr-2017 20:28) Posted:
AGM on 26/4/2017 at 2.30pm at The Auditorium, Yeo Hiap Seng Limited, 3 Senoko Way, Singapore 758057.
MichaelSchenker ( Date: 28-Feb-2017 20:33) Posted:
How does the sale of Super affect YHS?
Looks like Super is quite a substantial cash cow for YHS.
My humble opinion is not to expect any form of special dividend or capital reduction from the sale of Super. And of course I may be proven wrong.
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AGM on 26/4/2017 at 2.30pm at The Auditorium, Yeo Hiap Seng Limited, 3 Senoko Way, Singapore 758057.
MichaelSchenker ( Date: 28-Feb-2017 20:33) Posted:
How does the sale of Super affect YHS?
Looks like Super is quite a substantial cash cow for YHS.
My humble opinion is not to expect any form of special dividend or capital reduction from the sale of Super. And of course I may be proven wrong.
Secret_Squirrel ( Date: 28-Feb-2017 19:46) Posted:
Full year results just out.
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How does the sale of Super affect YHS?
Looks like Super is quite a substantial cash cow for YHS.
My humble opinion is not to expect any form of special dividend or capital reduction from the sale of Super. And of course I may be proven wrong.
Secret_Squirrel ( Date: 28-Feb-2017 19:46) Posted:
Full year results just out.
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Full year results just out.
Now no more called Yeo Hiap Seng actually. It' s called Yeo' s. Old branding renewed. Brand also can command a premium.
This is a laggard counter.
kenzo1975 ( Date: 06-Feb-2017 09:37) Posted:
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Who like this counter?
I did not research enough, but I am really surprised that YHS market cap is less than $800m. The brand is so popular.
Could you derive some data to support your statement
as well provide some counter for readers follow up !
Big thanks !
Secret_Squirrel ( Date: 08-Nov-2016 19:49) Posted:
It is easier to make money in property development than F& B business.
Owl793 ( Date: 06-Nov-2016 19:40) Posted:
YHS has faired badly under Far East Group, perhaps FE is only good in property development. When FE engaged the blue-chip Chairman Koh Boon Hwee about 4 yrs ago, they thought he could do magic to grow its F& B business. Instead it got worst after KBH came on board & YHS lost the PepsiCo exclusive bottling franchise to a small Malaysian operator few mths back, and that is after over 40 yrs of partnership that ended in Nov 2016.
Unless there is M& A potential, it is not worth investing here. You can get stuck for a long time bcos it is small change to FE.
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It is easier to make money in property development than F& B business.
Owl793 ( Date: 06-Nov-2016 19:40) Posted:
YHS has faired badly under Far East Group, perhaps FE is only good in property development. When FE engaged the blue-chip Chairman Koh Boon Hwee about 4 yrs ago, they thought he could do magic to grow its F& B business. Instead it got worst after KBH came on board & YHS lost the PepsiCo exclusive bottling franchise to a small Malaysian operator few mths back, and that is after over 40 yrs of partnership that ended in Nov 2016.
Unless there is M& A potential, it is not worth investing here. You can get stuck for a long time bcos it is small change to FE.
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3Q16 net profit plunged 45.7% to $5.1m on a softer revenue of $94.7m (-13.5%), amid deterioration in F& B sales. Gross margin narrowed 2.5ppt to 37.5% on higher raw materials costs, while bottom line was further hit by a $4.4m drop in FX gain. NAV/share at $1.0335.
YHS has faired badly under Far East Group, perhaps FE is only good in property development. When FE engaged the blue-chip Chairman Koh Boon Hwee about 4 yrs ago, they thought he could do magic to grow its F& B business. Instead it got worst after KBH came on board & YHS lost the PepsiCo exclusive bottling franchise to a small Malaysian operator few mths back, and that is after over 40 yrs of partnership that ended in Nov 2016.
Unless there is M& A potential, it is not worth investing here. You can get stuck for a long time bcos it is small change to FE.
Yeo hiap seng is a thinly traded counter.Â
Dividend will only come 6 mths later.
I remember YHS CEO was selling YHS shares a few months ago.
Haha I think he is regreting now.
Owl793 ( Date: 04-Nov-2016 22:22) Posted:
Likely to see a special dividend. Assume 20c per share the dividend payout = $115m, thereafter cash bal still got $100m.
us9392 ( Date: 04-Nov-2016 21:33) Posted:
YHS has been carrying the 130 mio shares of SG in its books at $0.24 , realizing $138 mio of profit. Its total cash should
will be $215 mio by next year ( or cash of $0.37 per share ).......Not an inducement to buy/sell
{ Not vested but frankly I like their YHS soya milk and Japanese green tea }
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Likely to see a special dividend. Assume 20c per share the dividend payout = $115m, thereafter cash bal still got $100m.
us9392 ( Date: 04-Nov-2016 21:33) Posted:
YHS has been carrying the 130 mio shares of SG in its books at $0.24 , realizing $138 mio of profit. Its total cash should
will be $215 mio by next year ( or cash of $0.37 per share ).......Not an inducement to buy/sell
{ Not vested but frankly I like their YHS soya milk and Japanese green tea }
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YHS has been carrying the 130 mio shares of SG in its books at $0.24 , realizing $138 mio of profit. Its total cash should
will be $215 mio by next year ( or cash of $0.37 per share ).......Not an inducement to buy/sell
{ Not vested but frankly I like their YHS soya milk and Japanese green tea }
