Spritzer is the market leader in premium mineral water in Malaysia. A regular bottle costs RM2.60-2.80 while F&N's Ice Mountain costs RM1.50-1.80. Dasani is chaeper at RM1.30.
Spritzer has constructed a new plant in Johor.The southern region and Singapore have tremendous potential.
The latest development in the food & beverage industry in Thailand is that soft drinks could cost up yo 25% more in Thailand. The National Reform Steering Assembly's health panel approved a proposal to increase taxes for non-alcoholic drinks with high sugar content.
This sugar tax on soft drinks has been imposed on soft drink bottlers in US. We expect this sugar tax to be imposed in ASEAN countries over the next couple of years.
Tats right. High sugar content drinks should be taxed. We welcome a culture with no soft drinks but plain mineral water to curb rising health issues with improved life styles. That to me is the most basic of investment, we mobilize our capital in a way that can bring benefits to society.
Yee Lee is the Holding company of which Business involves distribution and trading. As a subsidiary, the company enjoys wide distribution network that is important for Consumer products.
Personally i wont mind as it is Drinking Water. In ten to twenty years if our society can adopt plain water drinking habits and be more healthy conscious, then this company would be seen as alternative to F&N.
Mineral water producer Spritzer Bhd announced that FMR LLC, part of United States-based Fidelity Investments, has emerged as a substantial shareholder after it acquired 38,100 shares in the open market. This boosted FMR's holdings in Spritzer to 9.25 million shares, equivalent to a 5.07% stake. FMR's share acquisition in Spritzer was part of a simple portfolio of investments, the company said. Headquartered in Boston, Fidelity Investments is the fourth largest mutual fund in the world, with presence in eight other countries across North America, Europe, Asia and Australia.
Greetings, VarCity will be visiting three listed companies during our Engage & Exchange #3 session. You can now ask questions to the management of Spritzer via VarCity. Kindly post the questions in the poll and get a feedback from the management.
Spritzer's ASRS warehouse worth RM 45 million will be completing at the end of 2019. It would certainly increase the efficiency of the operation and reduction of warehousing costs after putting into operation. Low resin price is another good factor to contribute higher margin.
Has the exercise for Yee Lee privatization failed? I wonder if management will consider privatizing Spritzer instead? Liquidity is very low (few hundred units of transaction volume), dividend yield is very low (roughly 1.5%), no news written about management's vision to motivate the shareholders, thus, appeal to investors are almost non-existent other than Yee Lee themselves.
Insufficient publicity is the main factor resulting shares traded at low liquidity but earnings would ultimately be the main drive to direct the movement of share price. Spritzer is considered involving in FMCG business so any positive news in reporting better earnings would attract investors to join the boat.
Low dividend yield is due to high capital expenditure in ASRS warehouse and working capital. The funds for expansion came from private placement 2 years.
Has the exercise for Yee Lee privatization failed? I wonder if management will consider privatizing Spritzer instead? Liquidity is very low (few hundred units of transaction volume), dividend yield is very low (roughly 1.5%), no news written about management's vision to motivate the shareholders, thus, appeal to investors are almost non-existent other than Yee Lee themselves.
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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....
greatful
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Posted by greatful > 2016-02-23 21:01 | Report Abuse
Yeelee and Spritzer, which one better?