Special dividend is a sure thing as the result today will be their highest and above expectations. 2.50 short mid term will be no issue. Today to close above 2.2 and Monday to rocket to 2.35.
I think bonus may be coming soon based on the trend, other than raw cocoa price drop good news. I also missed this. But not plan to chase unkess i already had this share.
Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said: “After the very strong performance in the first half of this fiscal year, we continued to see strong momentum in the third quarter, fueled by all key growth drivers, regions and product groups. Our volume growth was again significantly above the global chocolate confectionery market.”
The Group expects the business environment for the financial year ending 31 December 2018 to be less volatile. We expect that our overall performance remain positive as strong growth of global demand for chocolate is projected. The Group will continue to focus on efforts to explore new markets for its wide range of cocoa ingredients, optimise production according to market conditions and expand overall grinding capacity.
If you really studied this company, you should know few year ago the company expanding too fast (debt increasing) and the cocoa is oversupply. But today the oversupply problem is gone and demand keep increasing (you can see all the cocoa companies in worldwide is posting good results), do you still think the company not good? Now looking at their strong cash flow, they are reducing the borrowings. Expanding few year ago and now able to catch the opportunities when the demand is increasing.
Apolloang.... petronm dont have any debt... 0 debt.. nvm. All of us here have our own method and we should respect each other evaluations. To GCB holders.. lets huat
Well done Gcb!! You don't let me down. With the strong earning and if the market sentiment is good, sure you can break 52 weeks high!! I am full of confidence with you. I will keep on support you like usual. Haha
Low PE, highest dividend since 2012, continuous increased profit for 6 quarters and for for sure excellent result for next 2 quarters, still have room for higher price but trade with your own risk :)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lim Tek Wai
2,386 posts
Posted by Lim Tek Wai > 2018-08-08 10:43 | Report Abuse
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