Posted by optimus9199 > 2016-09-24 00:10 | Report Abuse

Yeelee obtained a new distributorship licence to distribute Ribena and Lucozade drinks in Peninsular Malaysia..will contribute significantly to its income

Posted by Investeye > 2016-09-24 13:00 | Report Abuse

Yee Lee Corp Bhd has secured the distribution rights of Japanese soft drink brand Suntory beverage for three years in Peninsular Malaysia.

According to its bourse filing today, Yee Lee said its unit Yee Lee Marketing Sdn Bhd had entered into a distribution agreement with Suntory Beverage

Posted by Najib Zamry > 2016-09-24 16:34 | Report Abuse

For RIBENA's lover, Yee Lee will be your choice!!!

Posted by optimus9199 > 2016-09-24 17:56 | Report Abuse

It doesn't state how much estimated revenue or profit per year contributed to Yee Lee Corp

Posted by Najib Zamry > 2016-09-26 20:04 | Report Abuse

http://www.theedgemarkets.com/my/article/yee-lee-shares-after-securing-suntory-distributorship?type=Corporate

Posted by riskabsorber > 2016-09-28 10:16 | Report Abuse

To those who can able to read and understand Mandarin.
http://windscopo.blogspot.my/

Posted by Hk Wong > 2016-09-29 08:53 | Report Abuse

Here at Lucozade Ribena Suntory (LRS), we combine 85 years of knowledge, insight and expertise with an appetite for innovation to create some of the nation’s best-loved soft drink brands.


Formed in January 2014, when Japanese global beverage company – Suntory Beverage & Food, the world's 3rd largest soft drinks company - acquired Lucozade and Ribena, giving us access to some of the world’s best beverage insight, research, development, production and marketing.

Posted by optimus9199 > 2016-10-01 16:12 | Report Abuse

Despite signing with suntory, yet the share price didn't reflect it well.

Posted by littlelolita > 2016-10-06 18:54 | Report Abuse

is yeelee get all the ribena distribution rights?
i find out there are a few manufacturers produce ribena drinks, aluminum canned ribena is manufactured by suntory b&f malaysia sdn bhd, plastic bottled ribena is manufactured by cocoaland industry sdn bhd, plastic bagged ribena is manufactured by leveflex (philippines company), glass bottled ribena is manufactured by MDD beverage Sdn Bhd.

i wonder to know is yeelee get all distribution rights or just the aluminum canned drink distribution rights as only the aluminum canned ribena is manufactured under suntory


ps. the aluminum can is made by kjcf.

Posted by hw0706 > 2016-10-13 20:32 | Report Abuse

If Yee Lee buy cocoaland than is good

Posted by kenkenliew > 2016-10-14 11:32 | Report Abuse

Then will be Coco Lee

Posted by moneyinc > 2016-10-16 20:23 | Report Abuse

manufacturer just produced the goods ,the ex-distributor's name call tien swee

Posted by moneyinc > 2016-10-16 20:27 | Report Abuse

yeelee also distribute kimball's product....

Posted by moneyinc > 2016-10-16 20:48 | Report Abuse

the yeelee main profit and revenue is came from aerosol can, spritzer and red bull,the groceries part not contribute much.
they sells spritzer and red bull very high price to the grocery shops then wholesalers....

Posted by Hk Wong > 2016-10-19 15:48 | Report Abuse

2.31 strong support

Posted by moneySIFU > 2016-10-19 15:51 | Report Abuse

finally move?

Posted by heata > 2016-10-19 16:46 | Report Abuse

gov is reducing subsidies for cooking oil. cooking oil price will increase. good or bad news to yeelee?
http://www.chinapress.com.my/?p=815486

Posted by ginvin > 2016-10-19 16:53 | Report Abuse

look at the share price today will know :P

Posted by moneyinc > 2016-10-19 22:34 | Report Abuse

good news

Posted by optimus9199 > 2016-10-20 09:03 | Report Abuse

2.35 now....continue to huat

Posted by Hk Wong > 2016-10-20 09:46 | Report Abuse

both good and bad.

Posted by Hk Wong > 2016-10-20 10:47 | Report Abuse

Yee Lee Corporation may consolidate with a bullish bias after climbing above the downtrend line. Traders may buy if it breaches the MYR2.32 level, with a target price of MY2.45, followed by MYR2.60. The stock may turn sideways if it cannot breach the MYR2.32 mark in the near term. In this scenario, support may be found at MYR2.18, where traders can exit upon a breach to avoid the risk of a further correction.

Posted by Najib Zamry > 2016-10-20 16:43 | Report Abuse

2.45 on the way? It should worth 2.80 at least based on PE 10.00

Posted by moneySIFU > 2016-10-20 21:50 | Report Abuse

1st DKSH, now Harissons, so next Yee Lee?

Posted by optimus9199 > 2016-10-20 22:36 | Report Abuse

Yeelee is due to the cooking oil issue

Posted by kk > 2016-10-21 09:38 | Report Abuse

http://www.themalaymailonline.com/malaysia/article/cooking-oil-will-continue-to-be-subsidised-deputy-finance-minister-says

Posted by kk > 2016-10-21 09:38 | Report Abuse

Cooking oil will continue to be subsidised

Posted by Noni > 2016-10-21 11:45 | Report Abuse

We should produce less and buy from Indo, is cheaper.

Posted by hw0706 > 2016-10-23 09:29 | Report Abuse

If 2.32 could not break than will be down.

Posted by jonatlau79 > 2016-11-01 20:08 | Report Abuse

Go to supermarket buy cooking oil...see how much actually price hike.

Posted by Up_down > 2016-11-02 09:49 | Report Abuse

Cooking oil price hike...top up more.

https://www.pressreader.com/

Posted by spaghetti932 > 2016-11-02 09:59 | Report Abuse

Actually cooking oil price up may not add more revenue to YeeLee, because it's due to subsidize cut on the cooking oil. Previously consumer pay their portion and government pay another portion, and now it's fully paid by consumer. It just which pocket that YeeLee receive the $. And with subsidiary, no matter the market price is up or down, it's supported by government, and now it's all up to market trend and the price of its raw resources.

Furthermore with the cooking oil rise, will it impact the revenue is unknown, because people may buy less instead of more.

I mean, with the perspective of consumer, this is what i feel.

Posted by riskabsorber > 2016-11-02 14:13 | Report Abuse

The difference is from the cash flow perspective. If wait for the government to pay for the subsidized payment will need to wait for a year. Usually they offsetting via income tax payment. Demand and supply definitely will be impacted since now the prices for 1-5kg have been increased and consumers will reluctant to buy premium oil. Rather go for packet oil which still under subsidy. Now is the time for cost efficiency since the raw material (palm oil) actually is from the own plantation subsidiary.

Posted by riskabsorber > 2016-11-02 14:16 | Report Abuse

Propaganda on various vegetable oil.

http://www.foodprocessing.com/articles/2009/081/

Posted by Up_down > 2016-11-03 10:50 | Report Abuse

Earnings forecast raised for Yee Lee

http://www.thestar.com.my/business/business-news/2016/11/03/earnings-forecast-raised-for-yee-lee/

Posted by tradeview > 2016-11-14 12:58 | Report Abuse

accumulating on weakness

Posted by Gainvestor > 2016-11-15 16:48 | Report Abuse

spaghetti932 is correct. I yagree on it. D reduce of subsidy for oil will not prompt YEELEE price to go up. But i foresee YEELEE gonna benefit from the manufacturing sector most due to the CPO price.

Posted by Gentlemen > 2016-11-18 15:14 | Report Abuse

5584 YEELEE YEE LEE CORPORATION BHD

Additional Listing Announcement

1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : ESOS
Details of corporate proposal : ESOS
No. of shares issued under this corporate proposal : 27,500
Issue price per share ($$) : 1.5800
Par Value ($$) : 0.50
Latest issued and paid up share capital after the above corporate proposal
In the following
Units : 188,532,300
Currency : Malaysian Ringgit (MYR) 94,266,150.000
Listing Date : 21/11/2016
2. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : ESOS
Details of corporate proposal : ESOS
No. of shares issued under this corporate proposal : 50,000
Issue price per share ($$) : 1.4500
Par Value ($$) : 0.50
Latest issued and paid up share capital after the above corporate proposal
In the following
Units : 188,582,300
Currency : Malaysian Ringgit (MYR) 94,291,150.000
Listing Date : 21/11/2016
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by Hk Wong > 2016-11-24 17:25 | Report Abuse

Current year to-date vs. preceding year to-date
The Group registered a higher revenue of RM765.34 million for the period ended 30 September 2016 as compared
to RM561.14 million a year ago. Correspondingly, the Group's profit before tax increased by 56.2% to RM41.98
million against RM26.88 million a year ago. All divisions performed better in the current period.
YEE LEE CORPORATION BHD.
(Company No. 13585-A)
14.
15.
16. NOTES TO THE CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS
Profit before tax is arrived at (crediting)/charging:-
30/09/15
RM'000 RM'000
Interest income (281) (818) (432)
Interest expense 1,366 4,264 3,759
Depreciation of property, plant and equipment 3,146 9,260 8,443
Provision for and write off of receivables 104 490 492
Provision for and write off of inventories 371 1,062 1,402
Loss/(Gain) on disposal of property, plant and equipment 2 (20) 18
Gain on disposal of assets held for sale - - (228)
Property, plant and equipment written off 1 3 25 146
(Gain)/Loss on foreign exchange (375) 1,317 (3,381)
(Gain)/Loss on derivatives - - -
Exceptional items - - -
-
9 months ended
Trading division
The trading division achieved a substantial increase in profit before tax from RM6.57 million a year ago to RM14.94
million on the back of remarkable sales growth of 48.9%. The impressive result was contributed from higher sales of
Campbell products, bottled water and Red Bull energy drinks.
5
30/09/16
(173)
Plantation division
The plantation division recorded a lower loss before tax of RM0.48 million in the current period as compared to
RM0.75 million a year ago. The lower loss was due to profit generated from sales of timber logs arising from
clearing of land for our new oil palm plantation project in Sabah. Although the tea plantation has not turnaround, the
loss has been reduced as compared to a year ago as a result of increase in sales. The palm oil plantation's
profitability was also affected by its replanting project.
RM'000
(2,879)
MATERIAL CHANGES IN THE QUARTERLY RESULTS COMPARED TO THE RESULTS OF THE PRECEDING
QUARTER
Despite the decrease in revenue by 6.5%, the Group recorded a higher profit before tax of RM13.49 million in this
quarter as compared to RM12.69 million in the preceding quarter. The improvement in the Group's profitability was
mainly due to higher sales of aerosol cans and palm oil mill able to turnaround in this quarter with better OER and
higher fresh fruit bunches ("FFB") processed offsetting the lower sales of consumer products in trading division.
138
2,972
-
-
-
1,251
CURRENT YEAR PROSPECTS
With the recent removal of palm based cooking oil subsidy scheme, except 1kg poly bag effective 1 November
2016, the Group is now able to compete in an open market without quantity quota restriction and with reasonable
profit margin. Despite challenging, the Board views this as an opportunity for the Group to increase its market share
with its long established cooking oil brands.
The tightening of quality control on FFB had shown positive sign of improvement in our palm oil mill's OER.
Together with improvement on production processes to enhance its OER, the palm oil mill is expected to remain
profitable in the remaining quarter.
Facing with the cautious consumer spending behaviour arising from the increasing cost of living, our trading division
has adopted a more aggressive marketing strategy with creative marketing campaigns and innovative products to
drive sales growth. The trading division had successfully secured the distributorship of the well known brands
"Ribena" and "Lucozade" range of products in September 2016. With expansion of warehouse and logistics, this
division will continue to secure for more profitable product distributorships to further enhance its products portfolio
and profitability.
Barring any unforeseen and adverse circumstances, the Board believes that the Group will continue to remain
profitable for the financial year ending 31 December 2016.

Posted by zhangliang > 2016-11-24 17:58 | Report Abuse

Results very good right? Can buy in ya

Posted by abubuk200 > 2016-11-24 18:14 | Report Abuse

ya good:)

Posted by gojirakingkong > 2016-11-24 19:24 | Report Abuse

"the Board views this as an opportunity for the Group to increase its market share
with its long established cooking oil brands." confidence management :) Q4 report should be better with CPO price rises

Posted by chankp7010 > 2016-11-24 20:59 | Report Abuse

buy before it is too late to get Rm2.20-2.40 region. Next QR will be better

Posted by Najib Zamry > 2016-11-25 01:20 | Report Abuse

With such a good result, it is just matter of time for Yee Lee to fly higher

Posted by zhangliang > 2016-11-25 16:35 | Report Abuse

Thanks tradeview and gainvestor. Accummulated when both of you highlighted earlier!

Posted by Flintstones > 2016-11-25 16:42 | Report Abuse

The fact that Yeelee is trading at current valuation is criminal. This is a profitable, well managed and stable business. How the hell is the company trading at less than NTA? Although Yeelee ROE is low, it is still in the high teens. With Ribena distributorship kicking in and liberalization of cooking oil market, I think Yeelee deserves to trade at RM 3 at least. Investors must be patient with this counter.

Posted by Gainvestor > 2016-11-28 05:15 | Report Abuse

YEELEE - Post Q3 2016 Result
http://gainvestor10sai.blogspot.my/2016/11/yeelee-post-q3-2016-result.html

Posted by tradeview > 2016-11-29 14:27 | Report Abuse

accummulating

Posted by YourGrandpa > 2016-11-30 16:03 | Report Abuse

accumulated lol

Posted by tradeview > 2016-12-09 17:50 | Report Abuse

WIll be sharing an article on this counter during long weekend holiday. Let me complete it asap