YOLOOO, I knew you in L&G

Kangkung site still around. Haha

I drink chinese & japanese tea

Haha. I wait for dividend

For fun

No, I heard it's trillion

I don't understand

Yam seng

Boy boy bullbear

Rosak trader tj is here. I heard from my grandma that her kampung aunty yelling a bull coming to town and a lady carry baby follow the bull later

Ok,kktom. Sleeping is good

Eric_b7b, bingo. We must talk nonsense & gossip only

Haha. So a sick psycho calvintaneng won't come here. You will know soon

I prefer fly more with Air Asia than buy additional shares. Haha

I have one thing to say only. Do not share useful info. Come here for chit chat

I see. Yee Lee employee. How the two GM sales doing now? Senior GM surname start with S & one more start with T. Say hi to your boss

Definitely not me

Solid or not, tax must be paid

When tax no longer around. Haha

Bullbear

I hate tax

I don't know

Kaonryou, you are partially correct but I lazy to share anything nowadays. I'm already tired with this nonsense stuff

Ven Felix, never recommend a stock if you don't know a person personally. Today my broker viber me & ask do I want to buy more. Haha, either she crazy or know me too well

A lot of participants this time. Well good luck

More headache

I miss Bullbear

Definitely a case of idiot pretending to be expert

Vaylens Chong, I am devil & this is hell. Haha

You all need to understand more about DKSH business model. There is one major change going to take place in DKSH

How upsidedown911 or 119? No offence to others, I can simply earn a lot from dividend alone

Leno, you never cease to amaze me with your joke. There is a safe method to use margin but I won't share here. Consider me selfish

The only thing too dangerous for investing is take loan & pay installment on monthly basis

Haha, maybe I really have devil luck

Fuel cannot be hedge for 10 years

Sick psycho again. I guess nothing can be done on sick person who know nothing about business

Kktom, you looking for me? I'm still holding Hap Seng. I didn't sell & buy more with dividend because I want to buy another stock

I thought someone understand about balance scorecard because it's a performance monitoring & evaluation tool. Haha, your post topic misleading me

or 0819

8888

I did wrote a wrote my personal opinion about Air Asia before the tragedy. I am speechless

Goinvest88, I was in Tokyo for 2 weeks. December is a busy period in my work with endless meeting & presentation

True, this is not fast money counter

I see you soon Air Asia

Goinvest88, you are right. Chuan Sin also delivered its own products. It's separated by channel such as modern trade & general trade. For petrol kiosk OEM, everything delivered by Yee Lee.I never thought anyone know this stuff

See you next year

See you next year

Haha, another dividend for Christmas. Gambling business is long term 1154

Rosak trader tjhldg, hohohoho. I want rest & drink my tea before sleep. Ciao

Got any good number to bet?

I want to write my review on AirAsia but two is enough

Since I already did my review with Hap Seng, then let do another. Yee Lee deliver another profitable quarter although the result is below my expectation. Yee Lee is my 3rd largest holding in my portfolio

When it comes Yee Lee, we must understand one thing & that is Chuan Sin. A trading business must have its own house brand because of competitive FMCG nature

Spritzer is manufactured by Chuan Sin which also include other brands such Cactus & Summer. Spritzer brand is a market leader in bottled water & with a good margin compared to competitors. Situation analysis is the best way to explain Yee Lee


Strength
Sole distributor for No.1 bottled water Spritzer. Cactus & Summer are targeted towards customer segment with lower disposable income. In addition to that, Chuan Sin also OEM for all the bottled water in Tesco, AEON, Petronas & Petron. Tesoc Value, TopValu, Mesra & Cactus with Petron Logo.

Chuan Sin controlled 67% market share of bottled water in Malaysia & Yee Lee is the distributor. This information is only available through Nielsen. It's P&C information which I can't publish out the details. I can get sued by doing it


Weakness
It's obvious Yee Lee has many under performing brands against superior competitors in different categories.

If anyone tell me Morning Kiss can beat Colgate or Oral-B, that person must be a total outsider with zero knowledge about FMCG

Yee Lee also carry detergent powder called Kizz which unfortunately where Dynamo, Top & Breeze are the big boss here. It's game over as far as I know

Rusky Mee is another unfortunate victim. Maggi & Mamee will kill other brands that is targeting mass market

I like to drink tea but Sabah Tea is not my preference. I always like Chinese tea & sometimes Boh Tea


Opportunity
To turnaround an under performing brand, Yee Lee must change its VDMP strategy because the current one definitely fail. By competing against global brand & targeting the same customer segment, it's a suicide mission at its best

Cooking oil industry is a virtually zero growth industry because of government quota & subsidy. How much a company can produce & sell is pre-set. Red Eagle is No. 2 behind Lam Soon Knife brand. If there are changes in government policy, then profit comes from cooking oil


Threat
Distribution contract is the life blood of every trading business. The margin is low but by having the distribution right of MNC FMCG, the assortment strategy will work well for every trading house. Economies of scale plays an important role at this stage. Sale volume is important in FMCG business & without it, all the assortment & VDMP will fail big time


This year, I have approx. 18% gain from Jan to today or 30% based on my average price. I am looking forward to see how my competitor Yee Lee going to perform in 2015