1) The termination of Yee Lee's distribution for Redbull shows cracks in YeeLee competitiveness.
2) If Harrison could continue distributing Redbull in East Malaysia, why not YeeLee?
3) It shows that the management of YeeLee is unable to be cost efficient.
4) Due to Foreign Workers' minimum wage only the most efficient companies will survive.
5) A six pack Vico by YeeLee in Giant Supermarket now retails for rm10.80 while a six pack Milo by Nestle is on offer at rm7.99. There is no contest. Nestle beats YeeLee hands down?
6) Spritzer is now so expensive. liter of Spritzer Mineral WATER IS MORE EXPENSIVE THAN A LITER OF PETROL. .has prized itself out of the market. Aeon, Giant, Tesco, Mydin & Econsave all have their house brands of mineral water - going at 60% to 80% Cheaper than YeeLee's Spritzer!
7) Palm Oil Milling has razor thin profit margin due to Govt Price Control. And falling Palm Oil prices make it even more uneconomical. This is reflected in YeeLee's last quarter increase in revenue but a decrease in profit.
HJey knows only the price of a thing but not its value. .No wonder leading others to Holland Jail
Termination of contract is normal for a trading company... Do remember that Yee Lee also secured the distribution contract for Oldtown's FMCG product in peninsular Malaysia last June/July. Btw the company's bottom line is actually driven more by its aerosol can division.
Well maybe I shall clarify that it is for traditional trade channels only (DKSH will still manage the modern trades). Still wonder whether these distribution companies will pass on the cost saving of GST implementation (from 10% sales tax to 6% GST) to end consumers - if you might want to enlighten us?
Will trade 2.00 and above by this year , Megah project is coming on this april & may , big big products is coming in......hehehe....wait for the announcement la...is not convenience to said too much
Actually is good to terminate redbull product bcoz is really low profit margin to survive. ( remember,this is not the gold colour can , is blue and silver can , and we call this as international redbull) selling price with 5.5 to 6.9 in d market...
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....
HJey
1,368 posts
Posted by HJey > 2015-01-13 19:17 | Report Abuse
Sick psycho again. I guess nothing can be done on sick person who know nothing about business