If coming QR (30/6/2016) can duplicate those of previous latest QR (31/3/2016,) that's EPS 6.23, then annualised EPS can be projected to approximately 25 cents.
If PE 12, then my first TP will be RM3.00, represent possible 25% upside from current price of RM2.40.
Better earnings vs last year is a guarantee but how is Red Bull performance under Yee Lee vs F&N? Remember that Yee Lee can lose the contract if underperforming. This is business
We can see the following products everywhere & at all kinds of shops such as in malls, sundry shops, super or hyper markets.
It proves the abilities of the Management to deliver its distributing products. Hope the Company can get more distributorships in future to push up the profits.
Red Bull energy drinks Bottled water (Spritzer, Cactus, etc) Campbell products Cooking Oil (Red Eagles)
but the share price oredi almost double compare last year... seems like the results oredi expected....y is it the this quarter results not as good as last quarter....
It's due to the increase in operating expenses, mainly losses from its palm oil mills (RM0.6 loss) and marketing promotion spending for its products. Profit contributions from Spritzer was reduced too, also due to increase in marketing promotions and brand building in China.
Nothing to worry about, management has shown its good capability. Continue to hold.
the marketing promotions and brand buildings in China is the one that interests me... maybe they will bring some of their products there and maybe SPRITZER will ride on it?
2.70 my first target price due to low PE and great potential ahead contributed by Red Bull , Campbell, Cap Helang, spritzer. You name it.....they have it. More distributorship on the way.
Yee Lee made so much profit but so stinky giving dividends to shareholders. Every year made over 15-25 cents per share but only declared 3.5 cents per share. How you expect price to climb? For those who attended the AGM should enquiry why Directors keep holding back earnings for expansion without taking into consideration of shareholders' interest. Dividend yield is so low, Fund Managers will think twice for investing in this counter. This is just my view.
With so predictable business model, it is an easy task to forecast coming QR's profit to be 10m-11m, or even more than 11m, if less marketing expenses is participated. :)
Yeelee nowhave the distributorship for red bull for 5 years till 2020. The contribution from red bull towards F&N was about RM 150mil revenue with net profit of RM 45mil per year.
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....
marcofu88
398 posts
Posted by marcofu88 > 2016-08-12 11:28 | Report Abuse
Rm2.40 sup sup water to cleared laaa