@catalystor why doesn't Hengan just do the sales directly after acquiring the network. Why need go through WZ? Wouldn't that make them more money by just skipping WZ after they establish relationships with retailers ?
I see. Will take a look at it. But from Wang Zheng side, there's no indication. Like u said in AGM management also not willing to share their plans to expand
market drop so much with many better bargains. Sell ur Wang Zheng go for better companies rather than speculate this new management action plan to expand. hahaha
HENGAN INTL 2018 half year report dated 7.sept (pg38) said........the group will make good use of Wang-Zheng's current sales network to launch Hengan's products in the malaysia market THIS YEAR,gradually entering into malaysia and other southeast asia markets with the help of Wang-Zheng
Hmm, if early release means something is happening? I don't see any notes in the report stating something is happening. Can someone please help explain.
I see. thanks. However, still fairly at early stage for these online sales should be small. Their products are not in physical stores where most families buy their toiletries,diapers and tissue papers. Will be interesting for WZ when these products are in store.
@limen...if you go through hengan's annual report,they are balancing between physical sales channel and online sales channel. this is the future retail trend where young generation will buy even toilet paper via online.
if u study wangzheng old management sales channel,they actually supply their products directly to hospitals whereas for brands like carina u can actually find them in mid-lower hypermart such as econsave.
hengan will bring mid-upper end products into wangzheng.
@nnMM just wanted to point out something, that although WangZheng do sell these products on Lazada and Shopee. I tried to find diapers on these platforms. To even find WangZheng products is difficult. Seems like they are not well advertised or keywords not properly optimised. So I dont think their products will do well unless they appear more in store.
@oldchinaman so correct me if I am wrong, because we all here in WangZheng waiting for new management to act. By the sounds of it, there wont be much impact only until mid next year, since new management is not quick to completely change old ones.
3Q 2018 revenue 74.561m qoq +23% PAT 3.288m qoq +47% yoy +35% FIXED DEPOSIT IN BANKS RM 64.811m (30.9.18) RM 57.05m (30.6.18) the figures above shows that the company is doing very well under the supervision of chinese management.
Chill oldchinaman. He is stating a fact. But management takes time to make impact to numbers from their changes in operation. 2019 we can see fuller pricture.
looks like people disappointing of new management slow decision making that is lower than previous financial year. So, people lose patience and start selling for better companies.
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Posted by beige94 > 2018-09-22 21:02 | Report Abuse
The merger has been 2 years I don't see any expansion also.