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2021-03-02 21:45 | Report Abuse
LNG-Fuelled Ships on Order Rise By 50% in 12 Months Says SEA\LNG
13/02/2020
https://www.hellenicshippingnews.com/lng-fuelled-ships-on-order-rise-by-50-in-12-months-says-sealng/
Now that we have passed 1st January 2020, the much anticipated global sulphur cap is finally a reality. The importance of this clean air initiative for global health is widely agreed and should not be under emphasised. Likewise, the critical role that LNG can play in clean air and global health initiatives must not be forgotten or trivialised as these are still matters of real concern to the world’s citizens. This time last year I said 2019 would be the year of acceleration for LNG, and it was! With increasing orders for LNG-fuelled vessels and LNG bunker vessels, together with expanding infrastructure shoreside to provide the critical last-mile delivery of LNG to ships; LNG as a marine fuel remains THE economic and environmental choice.
Increasingly too, LNG is seen as THE transition fuel to a net-zero carbon future. While we anticipate LNG as marine fuel will evolve into bio or synthetic methane, the LNG safety and operational guidelines, as well as infrastructure, will act as best practice for the adoption of alternative fuels over the longer term.
As attention now turns to the carbon emissions reduction targets for 2030 and 2050, we must recognise that, in 2020, we are well down the road from the 2008 baseline and there must be a pragmatic chronology to achieving a more sustainable, decarbonised future for shipping. The global deep sea fleet consists of more than 60,000 vessels with an average life expectancy well in excess of 25 years. This fleet, that fuels the economy – upon which we all depend – cannot be turned around overnight. This is precisely why there is increasing recognition and acceptance that LNG as a marine fuel must play a central role in transitioning to a zero carbon industry. LNG is the only commercially viable fuel widely available today.
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"Increasingly too, LNG is seen as THE transition fuel to a net-zero carbon future."
THE ABOVE WILL REVIVE NOW in 2021....after IMO2020 effects on LNG demand were subdued by COVID 19 in 2020
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2021-03-02 14:06 | Report Abuse
The spread of highly contagious coronavirus variants is threatening to fuel a "potential fourth surge of cases" in the US, a top health official has warned.
The head of the US Centers for Disease Control and Prevention (CDC) said she was concerned by recent Covid-19 data.
She said about 70,000 new cases a day were recorded last week, "a very high number".
There were nearly 2,000 deaths a day in the same period, she said.
"Please hear me clearly: At this level of cases, with variants spreading, we stand to completely lose the hard-earned ground we have gained," Dr Rochelle Walensky, director of the CDC, said on Monday. "These variants are a very real threat to our people and our progress."
https://www.bbc.com/news/world-us-canada-56247656
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2021-03-02 14:04 | Report Abuse
Covid-19 variants pose 'real threat' to vaccine progress, CDC warns
https://www.bbc.com/news/world-us-canada-56247656
The spread of highly contagious coronavirus variants is threatening to fuel a "potential fourth surge of cases" in the US, a top health official has warned.
The head of the US Centers for Disease Control and Prevention (CDC) said she was concerned by recent Covid-19 data.
She said about 70,000 new cases a day were recorded last week, "a very high number".
There were nearly 2,000 deaths a day in the same period, she said.
"Please hear me clearly: At this level of cases, with variants spreading, we stand to completely lose the hard-earned ground we have gained," Dr Rochelle Walensky, director of the CDC, said on Monday. "These variants are a very real threat to our people and our progress."
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2021-03-02 14:03 | Report Abuse
Covid-19 variants pose 'real threat' to vaccine progress, CDC warns
https://www.bbc.com/news/world-us-canada-56247656
The spread of highly contagious coronavirus variants is threatening to fuel a "potential fourth surge of cases" in the US, a top health official has warned.
The head of the US Centers for Disease Control and Prevention (CDC) said she was concerned by recent Covid-19 data.
She said about 70,000 new cases a day were recorded last week, "a very high number".
There were nearly 2,000 deaths a day in the same period, she said.
"Please hear me clearly: At this level of cases, with variants spreading, we stand to completely lose the hard-earned ground we have gained," Dr Rochelle Walensky, director of the CDC, said on Monday. "These variants are a very real threat to our people and our progress."
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2021-03-02 00:01 | Report Abuse
have an open perspective for better opportunities...closed mind shows insecurity
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2021-03-01 23:59 | Report Abuse
Uchitech: the second liner beneficiaries of booming Semi-Conductor Industry
Since Uchitech is capable of manufacturing most of the ATE (Automated Test Equipment), its most likely that companies will be potential beneficiaries of the booming semi-conductor sector. Company like Vitrox, Penta, Mi, is trading at 60-85x PE and peers like D&O who does Optronic, which is nearly as similar with Uchitech who is Specialised in LED Dot Matrix Displays and TFT Display Modules Solutions is trading at 96x PE. While Uchitech is trading at merely 17x PE. Not to mention that Uchitech is a Net cash, debt free, good cashflow with Constantly paying good dividend company. The author personally think that Uchitech will be a great visit after the panic selling (due to the worker tested positive for Covid 19) ends. And even with 30x PE conservative valuation, Uchitech target price will be around RM4.71, not to mention near 60-90x PE
https://klse.i3investor.com/blogs/FGP-Traders4U/2021-02-01-story-h1540272372-Uchitech_the_second_liner_beneficiaries_of_booming_Semi_Conductor_Indus.jsp
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2021-03-01 19:48 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/07/15/misc-to-purchase-6-vessels-for-us726mil
In a filing with Bursa Malaysia, MISC said for the transaction, it has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochemical Co Ltd.
"The charters for the vessels are expected to commence in the fourth quarter of 2020. Samsung Heavy Industries Co Ltd and Hyundai Heavy Industries Co Ltd, both shipyards in Korea, are constructing three vessels each,” it added. - Bernama
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MISC Berhad on course to become world’s largest ethane carrier operator
8 January 2021
Malaysia’s MISC Berhad has taken delivery of the second of six VLECs it is building in South Korea under long-term time charter contracts with Zhejiang Satellite Petrochemical Co.
https://www.tradewindsnews.com/gas/misc-berhad-on-course-to-become-world-s-largest-ethane-carrier-operator/2-1-941048
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2021-03-01 19:13 | Report Abuse
MISC CORE BUSINESS:
29 LNG Vessels
78 Petroleum vessels
https://www.misc.com.my/solutions/
https://www.misc.com.my/media/252887/misc_ar2019-1-value-chain.pdf
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2021-03-01 19:09 | Report Abuse
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2021-02-28 17:14 | Report Abuse
Felicity buying is same like TAN SRI RAINER ALTHOFF buy ma...
https://klse.i3investor.com/insider/director/7113/25-Feb-2021/155550_591549888.jsp
its a goodwill gesture to i3 members
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2021-02-28 17:03 | Report Abuse
Smart Coffee Maker Market Recent Trends and Advance Outlook 2028 | Behmor, Inc.; Gourmia; Hamilton Beach Brands, Inc.; JURA Elektroapparate AG
25 FEB 2021
https://ksusentinel.com/2021/02/25/smart-coffee-maker-market-recent-trends-and-advance-outlook-2028-behmor-inc-gourmia-hamilton-beach-brands-inc-jura-elektroapparate-ag/
Smart coffee maker market will expect to grow at a rate of 6.43% for the forecast period of 2021 to 2028. Smart coffee maker market report analyses the growth, which is currently being growing due to the increasing demand for automatic coffee brewing machines.
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current yield is 5.1% + above of 6.4% :
= 11.5% at the minimum looks like
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2021-02-28 16:33 | Report Abuse
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2021-02-28 16:15 | Report Abuse
LNG tanker rates soar as Asian gas demand spikes
21/12/2020
https://www.hellenicshippingnews.com/lng-tanker-rates-soar-as-asian-gas-demand-spikes/
Tanker rates to carry liquefied natural gas (LNG) surged 15%-35% over the past week to more than $150,000 a day, as Asia’s recovering economies and strong demand during the peak winter season led to a clamour for scarce ships.
Colder weather in some parts of north Asia, coupled with a supply crunch globally, has caused spot Asian LNG prices to spike to multi-year highs.
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2021-02-28 15:33 | Report Abuse
Going through the above article and video from BBC will give you a good feel on the supply and demand and growth prospects
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2021-02-28 15:32 | Report Abuse
the link to the article posted at 12.31 pm
//www.bbc.com/future/bespoke/made-on-earth/how-the-coffee-trade-survived-Covid-19.html?fbclid=IwAR1CwlOxqkshOZy6knMQpBlXodbf4MYpMY0bsC8g-WGmBhwJLltyrIpL4EA
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2021-02-28 15:29 | Report Abuse
1500 lots of 1000 shares may be..dont play play with felicity
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2021-02-28 12:47 | Report Abuse
How coffee has kept us going in 2020
05 NOVEMBER 2020
//www.bbc.com/reel/video/p08x7yk9/how-coffee-has-kept-us-going-in-2020
at minute 6.50 - indicates that it is the 'FASTEST GROWING' consumption market in Asia
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2021-02-28 12:32 | Report Abuse
For cafes and coffee shops, the picture was less rosy. Leonardo Lelli, a coffee roaster in Bologna, knew immediately that Covid-19 would cause chaos for his business. With the centre of Italy’s outbreak in the north of the country, Lelli was in the eye of the storm. Ninety percent of Lelli’s beans are sold to coffee shops, restaurants and hotels, which were among the first to close down.
“We found ourselves out of work with warehouses full of raw materials,” says Lelli.
He was not alone. Reis says that some of Daterra’s clients are choosing cheaper beans or delaying orders as they ride out the pandemic.
Coffee was already the number one e-commerce grocery product before 2020
With few options to sell his stock, Lelli decided to give a portion of it away to frontline workers and sell some online before waiting for the storm to pass.
Online grocery retailers seem to have coped well with lockdown. Coffee was already the number one e-commerce grocery product before 2020 and the prevalence of subscription services and partnerships between delivery services and high-street chains have ensured customers could still get their hands on some.
While many things have changed, businesses are still seeing thriving demand for coffee (Credit: Getty Images)
With people confined to working from home and with limited options to leave the house, making coffee was one of few ways to take a break from work. It became a kind of self-reward, says Francesco Visioli, who studies active compounds in food at the University of Padua in Italy and co-authored a recent paper on lifestyle lessons from the pandemic. “Spending your day working in front of a screen, doing long-forgotten chores, calling your mum, friends, whomever might have increased the need for something rewarding, energising.”
Unlike aperitivi, coffee doesn’t have to be consumed socially at a bar.
“Many people in Italy do not really drink coffee in social settings,” says Visioli. “As a recent example I took a break at 10:30, went downstairs, crossed the street, entered a small local coffee place, had an espresso, went to the bakery, bought bread and came back upstairs. All by myself.”
Consumption of coffee at home offset the decrease in drinking in bars, restaurants and cafes around the world, from Brazil to Bali. But countries who reopened their cafes early are already seeing a bounce back.
Markets in Asia have been among the quickest to rebound (Credit: Getty Images)
“Before the pandemic, Asia was the fastest growing coffee market in the world,” says Sette. This is one trend the pandemic hasn’t changed. The Asian coffee market is growing between 4% and 5% a year, says Sette, while the rest of the world is growing at between 2-2.5% a year.
But even the Asian market was not untouched by the pandemic. “There was a slight dip at the start, especially in China,” says Sette. “Many coffee shops had to close in that initial phase. But everything seems to be picking up again and we're returning to normality – whatever that may mean these days.”
And in coffee markets harder hit by lockdown, there are again signs of regrowth. Fortunately for Lelli, restrictions in Italy were eased in June and he was able to open his business again. “It was not a complicated transition,” says Lelli. “One of the great advantages of being a craftsman is flexibility.”
After three months of losing about 90% of his normal turnover, things are picking up. “Today we are almost at the pre-lockdown turnover,” says Lelli.
In an industry where so much is changing fast, from where people buy coffee to how they consume it, there are some upsides. “E-commerce has grown a lot and now it’s very easy to use for the consumer,” says Lelli. It’s a change that could alter the face of the coffee industry as we know it. “In my opinion, it’s here to stay.”
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2021-02-28 12:31 | Report Abuse
thanks investortrader88 on above, some useful information on coffee makers where more than 70% revenue comes, cant paste the link on below
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The drink that kept us going through Covid-19
By William Park
One of the world’s most popular beverages has overcome remarkable hurdles to carry on during the pandemic. What does it take to make a cup of coffee in 2020?
In what has been a strange year for those people forced to work from home, little daily habits have helped to sustain normality. But there are a lot of people you have to thank for your mid-morning coffee break.
This year has not been easy for people in the coffee industry, including 25 million smallholder farmers who are responsible for growing 80% of the world’s coffee. In total, 125 million people depend on coffee for their livelihood, from transporting and roasting the beans to selling the final product. Baristas and coffee shop owners were some of the first to close the doors to their businesses as lockdowns began. Some never reopened.
Despite the incredibly challenging working environment imposed by Covid-19 restrictions, consumers have still been able to get their hands on their favourite drink, thanks largely to the resilience of coffee producers and supply chains.
Watch our film about how coffee kept us going in 2020.
Why have some parts of the industry thrived while others struggled to survive? And how did producers and retailers innovate to keep delivering our daily caffeine hit?
The pandemic turned the well-oiled coffee supply chain into a global logistical challenge (Credit: Getty Images)
The world’s largest producer of coffee, Brazil, is having a bumper year. Coffee harvests naturally fluctuate year-on-year as the premium bean – arabica – follows a biennial cycle. Arabica makes up the majority of Brazil’s coffee crop, and while efforts to smooth out the year-on, year-off cycle have helped to make each annual return more consistent, there is still a bit of a dip in bean production in off-years.
With an output of 67.9 million bags of coffee, each weighing 60kg, 2020/21 is set to be the best year on record for coffee production in Brazil – up more than three million bags compared to the previous on-year for arabica.
Coffee producer Daterra are no exception. Daterra’s chief agronomist João Reis forecasts an “exceptional” harvest for quantity and quality this year as weather conditions worked in their favour. The problem posed by coronavirus for Reis was in harvesting the crop.
2020 has been a bumper year for the coffee crop, but getting from field to cup was not so easy (Credit: Getty Images)
Reis had seen the news about business closures in Asia at the start of the year and began to make preparations. He is reliant on migrant labourers from the north-east of Brazil, who stay in lodgings on Daterra’s site. With social distancing rules, he had to prepare to have half the number of migrant workers staying on the farm, meaning the harvest would take longer.
The race was on to harvest the bumper crop safely with fewer workers before the rains spoiled the beans. Fortunately for Reis the skies stayed clear. The farm’s harvest this year is set to be 6,000 tonnes (about 100,000 bags), he says. “In 2019, we filled 70,000 coffee bags.”
“The impact of Covid on coffee production is relatively minor,” says José Sette, the executive director of the International Coffee Organization. Governments moved to safeguard workers by declaring coffee production an essential economic activity. Despite the difficulties finding sufficient migrant labour, even much smaller coffee-producing countries like Ethiopia , which exports about four million bags of coffee per year, have largely been able to continue production as planned.
“But with consumption, the uncertainty is greater,” warns Sette. “We do not know how the global economy will settle after this shock. When government support is no longer possible, we may see mass unemployment.”
Italy is a country of coffee lovers. As one of the first nations in Europe to impose tight restrictions on leaving the home, consumers had to adapt quickly to get their daily fix.
Longstanding traditions around coffee had to be reinvented to protect public health .
Coffee grocery sales increased by 23% in the first full week of lockdown in Italy. Renata Bracale of Italy’s Molise University and Concetta Vaccaro of the Censis socioeconomic research institute in Rome compared Italians’ weekly grocery purchases with the equivalent sales in 2019. The method is not perfect, as year-on-year sales might fluctuate for any number of reasons, but compared to single-digit growth for wine and beer, coffee was a product Italians could not go without. A daily caffeine boost remained essential but Italians were happier to miss out on their aperitivi, Bracale and Vaccaro say.
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2021-02-28 12:22 | Report Abuse
prestar eps 8 cents with optimistic prospect also can drop....market dominated by retailers very unpredictable...moody like teenagers
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2021-02-28 12:19 | Report Abuse
sifu felicity now very nimble already..i missed her dnex punt
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2021-02-28 12:18 | Report Abuse
sifu charlest...i think either they made it big n taking a break or want to be back when pandemic is over...
now i think u also beat sifu philip level...but still humble, jovial, and young at heart as ever...
this year my gloves dip wiped out whatever i made from recovery stocks like dayang....since i was heavy on both:(
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2021-02-27 17:47 | Report Abuse
https://www.factmr.com/report/5115/ultralow-temperature-freezer-market
Global Ultra-low Temperature Freezer Market Overview
Ultra-low temperature freezers, or ULT freezers, are used to store biological items such as blood & blood components, drug compounds, chemicals, enzymes, etc. They are used across the healthcare industry, such as in hospitals, research institutes, blood banks, etc. The ultra-low temperature freezer market is predicted to expand at a CAGR of 4.4% over the forecast period of 2020-2030.
The market is expected to experience immense growth due to the ever-growing demand for blood & blood products, which is one of the key driving factors of this industry.
Growing research & development activities among key players and government support for clinical trials have also proven to be propellers for the expansion of the ultra-low temperature freezer market size. Amidst all these factors, the COVID-19 pandemic has also notably affected the market in a positive way. Due to the pandemic, there has been an exorbitant increase in blood & blood component demand throughout the globe, thereby boosting the ultra-low temperature freezer market.
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https://www.factmr.com/images/reports/ultra-low-temperature-freezer-market-competition-analysis.jpg
we can see from above Eppendorf AG is the frontrunner who source from Uchitec
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2021-02-27 16:41 | Report Abuse
Low left his revenue forecasts for Uchi unchanged, but raised the earnings per share estimates for 2020-2022 by 8.3% to 8.5%.
Affin Hwang Capital currently has a “buy” call on the stock, which it upgraded in November last year.
“We like Uchi for its strong relationship with its key customer and how it remains the sole supplier of its coffee modules.
“Its niche strategy and well-regarded management team has helped sustain the company’s solid financial track record and likewise its strong dividend payout ratio.
“Its dividend yields of 5%-6% also looks attractive, ” according to Low.
Since 2013, Uchi has maintained a dividend policy of allocating at least 70% of its profit after taxation.
Uchi also has a sturdy balance sheet with zero debt against a cash and cash equivalents of RM117.39mil.
Such a financial position would provide ample room for Uchi to expand its operations, both organically and inorganically.
Currently, Uchi has two operating plants, one in Malaysia and another in Guangdong, China.
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2021-02-27 16:41 | Report Abuse
Uchi’s vaccine storage play
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AMID the rally in technology stocks that has pushed valuations through the roof, one particular company has remained a relatively cheaper proxy to the sector despite its attractive dividend yield and strong profit margin.
In comparison to the industry’s “big boys” such as Vitrox Corp Bhd, Pentamaster Corp Bhd and Greatech Technology Bhd that have price-to-earnings (PE) ratios in the range of 60-80 times, Penang-based Uchi Technologies Bhd has a PE of just 19 times.
The company, which designs and develops electronic control systems, has seen its share price rising by nearly 77% from the lows of 2020. However, the current share price of RM3 remains slightly lower than the levels seen in 2017-2018.
Based on its website, Uchi says it serves a wide base of multinational companies, located primarily in Europe. The region contributes over 90% of Uchi’s annual turnover.
However, unknown to many, Uchi (pic above) has been supplying components to one of the world’s leading ultra-low temperature (ULT) freezer makers, the Germany-based Eppendorf AG.
In December 2020, it was reported that Eppendorf and Scientific Laboratory Supplies have been chosen to supply ULT freezers for the storage of Covid-19 vaccines in the United Kingdom.
It is noteworthy that the Pfizer-BioNTech’s Covid-19 vaccine needs special freezers that could store the doses in ultra-cold temperatures of -70°C.
Countries have been rushing to purchase ultra-cold storage facilities, which are necessary to maintain the potency of the vaccine and ensure its effectiveness.
In the case of Malaysia, the Science, Technology and Innovation Minister Khairy Jamaluddin said in January that the government would spend RM6.7mil to purchase deep freezers to store the Pfizer-BioNTech vaccine, which will be arriving on Feb 26.
A source close to Uchi tells StarBizWeek that Eppendorf has been a long-term client of the company.
“Under its biotechnology segment, Uchi has been making deep freezer components for Eppendorf.
“In the last six months or more, the demand for such freezers had risen sharply as many companies and governments were preparing to roll out the vaccination programmes. The demand may likely rise further in 2021 as countries turn more aggressive in vaccinating their population. To an extent, Uchi will benefit from this demand, ” the source says.
A quick check on its 2019 annual report showed that the biotechnology segment contributed 18% of Uchi’s revenue.
“Products in this category include electronic control systems such as high precision weighing scales, centrifuges and deep freezers, ” according to Uchi.
Meanwhile, the biggest revenue contributor of 81% is the “Art-of-living” product group.
This product category comprises electronic control systems for household appliances as well as professional appliances for the office and office services sector.
It is unclear whether Uchi has seen a significant jump in orders for deep freezer components, as the company does not provide a breakdown.
Uchi’s performance in the first nine months of financial year 2020 (9M20) has been adversely affected by the challenges arising from the Covid-19 outbreak globally.
The company had issued a profit warning in its first quarter results filing, anticipating a low double-digit revenue decline in US dollar-denominated receipts for the year due to lower sales.
However, as orders turned stronger in the second half of the year, Uchi amended its expectations to “a low single-digit revenue decline in US dollars” in its third quarter results’ filing on Nov 25,2020.
“Nevertheless, the group is confident that we will remain profitable and maintain a strong balance sheet, ” it said.
Affin Hwang Capital analyst Kevin Low said in a Nov 26,2020 report that Uchi’s core profit in 9M20 was above expectations, accounting for 84% of his full-year forecast due to better-than-expected margins.
In tandem with the higher revenue and hence better operating leverage, he pointed out that Uchi’s earnings before interest, taxes, depreciation and amortisation (Ebitda) margin in the third quarter of financial year 2020 (3Q20) jumped by 10 percentage points quarter-on-quarter to a high of 63.4%.
“While this may have also been due to a better revenue mix, we think that there may have been lower production costs due to one-off cost savings implemented during the movement control order which may not be repeated in the subsequent quarters, ” he said.
For comparison, the Ebitda margin recorded in the pre-pandemic 3Q19 was 57.1%.
In fact, Uchi has recorded a consistent operating profit margin averaging 45% since its listing in 2000.
Low also added that the company’s revenue outlook has improved, as the management has revised its 2020 revenue guidance with a narrower decline.
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2021-02-27 15:39 | Report Abuse
....and CHINA will be the next Europe with a growing upper class with leisure time
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2021-02-27 15:27 | Report Abuse
FACT 1: REVENUE MAIN DRIVER (HOME USE SALES)
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http://swisscenters.org/wp-content/uploads/2013/11/Jura.pdf
JURA’s core business is centered on high-end fully automatic coffee machines for home and commercial use, with home use sales representing about 70% of the total.
JURA’s entire product range is characterized by exceptional design, user-friendly control functions and the ultimate coffee taste quality.
(70% of Uchitec revenue is from Jura)
FACT 2: THE WORST IMPLICATION IS OVER IN 2020 (OUTSIDE HOME DEMAND)
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https://coffeebi.com/2020/11/03/the-future-of-coffee-away-from-home/
At the end of 2020 in Italy, an average drop in value of 45% is expected in coffee consumption away from home. Compared to other major countries, the very restrictive, initial policies that led to the complete suspension of activities for several months, will have a greater impact on HORECA, while the decrease in consumption in the office will be slightly more contained than the European average.
In Spain, the decrease in coffee sales will be close to 50%, while in France, the initial, more permissive policies regarding closures and opening hours have slowed down the decrease in consumption within HORECA. The drop in consumption in the office will have the greatest impact on the annual trend of the away-from-home market (-48.1%), due to large-scale remote working.
The coffee market in Germany is the largest in Europe. In 2019, the consumption of coffee away-from-home recorded a 2.5% increase in value, with an even greater increase in the office segment. In 2020, the reduction in consumption is expected to be 41% in value. The loss will be greater in the office segment, due to the strict home-working policies adopted, while HORECA has been affected by restrictive, regional regulations and also as a result of the increase in takeaway coffee sales.
Despite the uncertainty related to “Brexit”, the coffee market away from home in the UK continued to grow until 2019 (+ 2.9% in value). In 2020, restrictions on the operation of many facilities are expected to have resulted in a 42.7% reduction in coffee consumption outside the home. The greatest losses will be recorded in the offices, while the decrease in sales in the HORECA industry will be partially mitigated by the widespread use of take-away coffee and by the increase in delivery services.
FACT 3: THE NEW DEMAND (HOME USE) HAD SPIKED & WILL SUSTAIN GOING FORWARD & ADDED WITH RECOVERY FROM OUTSIDE HOME
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https://perfectdailygrind.com/2020/11/how-covid-19-changed-home-coffee-consumption/
The Rise In Home Coffee Consumption
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Out-of-home coffee consumption, such as in cafés and restaurants, makes up around 25% of total consumer demand for coffee. So, when some 95% of these businesses closed in early 2020, temporarily or permanently, the coffee industry took a tremendous hit.
“We have seen an increase in grinder sales, and it’s the most substantial increase that we have had in any six-month period. We are up 70% since Covid-19 started,” Joyce tells me.
Trends Within Home Coffee Consumption
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So, now we know that home coffee consumption has increased during Covid-19 – but what have consumers bought?
Firstly: coffee. Amid concerns the supply chain was struggling with Covid-19, around one in four people in the US reported stockpiling coffee to avoid running out. During the pandemic, 27% of home brewers reported drinking brewed coffee at home, while 25% used pod or capsule machines.
Most people have stated that they are still using the same equipment and coffee products that they had before the pandemic. However, people are trying new things. It was reported that just over 40% of millennials stated that they have experimented with different brewing methods.
Consumers are also becoming more confident in their coffee-making capabilities, with two-thirds stating that they have “perfected” their recipes and techniques. This makes sense – with more time at home and out of the office, coffee drinkers have more space to to repeat and refine a target recipe.
However, some coffee drinkers still seek convenience, despite having more time at home. Sales of bulk cold brew and iced lattes rose by 129% throughout the first few months of the pandemic, and recent forecasts show that the ready-to-drink (RTD) coffee market is expected to keep increasing. It is anticipated that it will be worth a staggering US $42 billion by 2027.
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2021-02-27 15:27 | Report Abuse
FACT 1: REVENUE MAIN DRIVER (HOME USE SALES)
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http://swisscenters.org/wp-content/uploads/2013/11/Jura.pdf
JURA’s core business is centered on high-end fully automatic coffee machines for home and commercial use, with home use sales representing about 70% of the total.
JURA’s entire product range is characterized by exceptional design, user-friendly control functions and the ultimate coffee taste quality.
(70% of Uchitec revenue is from Jura)
FACT 2: THE WORST IMPLICATION IS OVER IN 2020 (OUTSIDE HOME DEMAND)
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https://coffeebi.com/2020/11/03/the-future-of-coffee-away-from-home/
At the end of 2020 in Italy, an average drop in value of 45% is expected in coffee consumption away from home. Compared to other major countries, the very restrictive, initial policies that led to the complete suspension of activities for several months, will have a greater impact on HORECA, while the decrease in consumption in the office will be slightly more contained than the European average.
In Spain, the decrease in coffee sales will be close to 50%, while in France, the initial, more permissive policies regarding closures and opening hours have slowed down the decrease in consumption within HORECA. The drop in consumption in the office will have the greatest impact on the annual trend of the away-from-home market (-48.1%), due to large-scale remote working.
The coffee market in Germany is the largest in Europe. In 2019, the consumption of coffee away-from-home recorded a 2.5% increase in value, with an even greater increase in the office segment. In 2020, the reduction in consumption is expected to be 41% in value. The loss will be greater in the office segment, due to the strict home-working policies adopted, while HORECA has been affected by restrictive, regional regulations and also as a result of the increase in takeaway coffee sales.
Despite the uncertainty related to “Brexit”, the coffee market away from home in the UK continued to grow until 2019 (+ 2.9% in value). In 2020, restrictions on the operation of many facilities are expected to have resulted in a 42.7% reduction in coffee consumption outside the home. The greatest losses will be recorded in the offices, while the decrease in sales in the HORECA industry will be partially mitigated by the widespread use of take-away coffee and by the increase in delivery services.
FACT 3: THE NEW DEMAND (HOME USE) HAD SPIKED & WILL SUSTAIN GOING FORWARD & ADDED WITH RECOVERY FROM OUTSIDE HOME
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https://perfectdailygrind.com/2020/11/how-covid-19-changed-home-coffee-consumption/
The Rise In Home Coffee Consumption
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Out-of-home coffee consumption, such as in cafés and restaurants, makes up around 25% of total consumer demand for coffee. So, when some 95% of these businesses closed in early 2020, temporarily or permanently, the coffee industry took a tremendous hit.
“We have seen an increase in grinder sales, and it’s the most substantial increase that we have had in any six-month period. We are up 70% since Covid-19 started,” Joyce tells me.
Trends Within Home Coffee Consumption
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So, now we know that home coffee consumption has increased during Covid-19 – but what have consumers bought?
Firstly: coffee. Amid concerns the supply chain was struggling with Covid-19, around one in four people in the US reported stockpiling coffee to avoid running out. During the pandemic, 27% of home brewers reported drinking brewed coffee at home, while 25% used pod or capsule machines.
Most people have stated that they are still using the same equipment and coffee products that they had before the pandemic. However, people are trying new things. It was reported that just over 40% of millennials stated that they have experimented with different brewing methods.
Consumers are also becoming more confident in their coffee-making capabilities, with two-thirds stating that they have “perfected” their recipes and techniques. This makes sense – with more time at home and out of the office, coffee drinkers have more space to to repeat and refine a target recipe.
However, some coffee drinkers still seek convenience, despite having more time at home. Sales of bulk cold brew and iced lattes rose by 129% throughout the first few months of the pandemic, and recent forecasts show that the ready-to-drink (RTD) coffee market is expected to keep increasing. It is anticipated that it will be worth a staggering US $42 billion by 2027.
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2021-02-27 15:24 | Report Abuse
ASIAN COFFEE CONSUMER TREND
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In Asia, following the global trend, the number of commerciale stablishments serving specialty type coffee has multiplied in major business and entertainment hubs. As an example, JURA observes an uptrend in Asia’s general public awareness and interest in gourmet coffee and an increased knowledge and preference for specialty coffee machines. Although JURA’s percentage sales in Asia is low (total of 2%), the region’s sales are growing at an average of over 30% per annum. This sustained growth indicates that the region is becoming increasingly important for JURA.
JURA in CHINA
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Subsidiary background and current situation JURAhas had a presence in Japan,Hong Kong,Taiwan and South EastAsia (via Singapore) eversince the mid-1990s.The company partnered with a dominantHong Kong coffee shop chain operator and coffee productsretailerin 1997.This partnership insured JURA’sreach into the Hong Kong market that has a large number of foreign expatriates, international corporate offices and small to mid size commercial outlets. In 2000,JURA’s Hong Kong distributor requested exclusive distributorship on Mainland China. At the end of 2000, JURA officially authorized its Hong Kong partner to distribute on the Mainland. However, after commissioning professional market inquiriesin China in 2002,JURA realized that it was not efficient to distribute on the Mainland through Hong Kong.With the support of a local Swiss consulting network in Shanghai,JURA decided to appoint another distributor to manage the direct distribution in China market.
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2021-02-26 21:33 | Report Abuse
the1994investor...please write an article why vitrox valuation vs uchitec is as such
further your blog address cannot be shared in i3 as it has numerical value on its url
it would be good if you can change that for future sharings
Stock
2021-02-26 19:56 | Report Abuse
buy back sure good prospect la..
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2021-02-26 19:54 | Report Abuse
[COMFORT] Change In Substantial Shareholder's Shareholding - DATO' LAU ENG GUANG on 26-Feb-2021
Stock [COMFORT]: COMFORT GLOVES BHD
Announcement Date 26-Feb-2021
Substantial Shareholder's Particular:
Name DATO' LAU ENG GUANG
Details of Changes:
Currency -
Date of Change Type Number of Shares
26-Feb-2021 Acquired 1,000,000
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2021-02-26 16:57 | Report Abuse
You mean ATE player will be able to grow significantly easier than EMS?
thanks for the info, being non electronics engineer its a little difficult for me to grasp all these
but you are right...one need to understand the differences
Posted by newbie8080 > Feb 26, 2021 11:04 AM | Report Abuse
Vitrox and Uchitec is not in the same category.
Uchitec is EMS player
Vitrox is ATE player.
Their biz are unique and serve different customers.
Get your facts right.
I suggest all of you here to go and study OSAT and semicon players.
Then you can understand the entire value chain.
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2021-02-26 14:13 | Report Abuse
root cause of all problems (mostly at least) in the world is overpopulation....breeding of low quality children motivated by media, movies, religion and selfish politician controlled indirectly by influential businessman with short term interest
but if you stop population growth, one is faced with the inevitable halt of collective economic growth
we talk about conserving nature, protecting wildlife, reduce pollution and global warming...just like how the hotel owner tells you to avoid placing towel on the door if possible to safe soap usage for environment when all he wants is to safe his cost
everything...healthcare, school care, cheaper housing loan, or 'better' wages against rising consumables cost...all are temporary cosmetics..
the root cause of these issues is population growth
all intelligent rich businessman at the top knows profitability is derived from these growth fundamentally...and this not easy for ordinary people to see
so it is not in the influential businessman's interest to talk on the root cause
capitalism is an economy which is based on growth, communist did not surface without a reason
though capitalism has its merits, its self interest had even forbidden any questioning or propagation of communism concept as if its an evil form
they key is to have quality life without growth ..capitalism cannot exist forever...the world will eventually reach saturation one day though (forced to eventually)...but not without suffering from majority poor of the future populations
the world (majority population) has a natural mechanism that is not controlled by logics or ethics but pure lust, pleasure seeking and some greed unfortunately
the rational man appears unable to run very far from the irrational self that is within all of us
Stock
2021-02-26 10:08 | Report Abuse
yes pjseow, the FFB yield is also improving ...hope the palm oil price sustains:)
Stock
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2021-02-26 01:34 | Report Abuse
Hi pjseow, no i didnt. I sold to buy gloves and other high risk investment to make faster return. I wanted to buy back again when it dropped below 7 but it went up too fast. I have never doubted mfcb as a gem..but only sold to make quicker return to enlarge capital.
It requires lots of patience like you to make big on mfcb
Very good investment to park a big portion of your money n sleep well.
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2021-02-26 00:52 | Report Abuse
thanks moneySIFU...wish you well too...miss those days in i3 where there were less people and less noise to filter..hehe
Stock
2021-02-26 00:35 | Report Abuse
good luck & wish super good news pjseow....
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2021-02-25 23:55 | Report Abuse
it has way superior margin compared to Vitrox and generous dividend payout
even growth..what makes one think that it cant match vitrox?
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2021-02-25 23:49 | Report Abuse
thank you, i wonder why cant it be another Vitrox
Stock: [MISC]: MISC BHD
2021-03-02 21:51 | Report Abuse
Qatar leads global LNG exports but who else make the top 5?
3rd place : MALAYSIA
https://www.nsenergybusiness.com/features/qatar-global-lng-exports-top-5/
Malaysia – 33bcm
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Malaysia occupies third place in the list, with LNG exports of 33bcm in 2018. The country operates PETRONAS LNG Complex, an integrated LNG production complex and one of the world’s largest LNG production facilities in a single location.
With nine production trains, the PETRONAS LNG Complex has a production capacity of 29.3mtpa. PETRONAS Floating LNG (PFLNG) is another major facility that enables the processing of LNG to be carried out offshore. The PFLNG Satu is currently operating at Kanowit gas field, offshore Sarawak, while PFLNG Dua, the second floating LNG facility, is expected to be completed by 2020.
The country also operates Beryl Gas Field located in Block SK10 off the shore of Sarawak, Malaysia, near the Helang gas field and Layang oil field that are located within the same block.
Malaysia is also set to commence production from the Pegaga gas field, located in 108m of water in Block SK320 off the shore of Sarawak, in 2021. In July 2019, PTT Exploration and Production Public Company (PTTEP) discovered a large gas field with its first well on the SK410B block offshore Sarawak, Malaysia.