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...Married Deal: Vol: 616 Value: $549,408 ie $0.892/share Prev Close: $0.885...
...recent low: $0.680 (26.06.13)... recent high: $0.950 (29.07.13)... 2-years high: $0.955 (10.05.13)...
According to a Bloomberg rpt, Suntory Beverage & Food Ltd.’s plan to spend more on takeovers than any Japanese soft-drinks rival over the past decade has made a target of Del Monte Pacific Ltd. Following Asia’s biggest initial public offering of 2013, the maker of Boss coffee and Orangina soda has said it will spend as much as $5 billion on deals to help double sales by 2020. Del Monte Pacific, the $893 million seller of fruit juices in the Philippines and India, would meet Suntory’s need for fast-growing, emerging market assets according to Maybank KE. A purchase of Del Monte Pacific would require Suntory to persuade the controlling shareholder, NutriAsia Pacific Ltd., to part with the company. A representative for NutriAsia said in an e-mail that any talk of a sale was speculation and declined to comment.
Possible buyout from suntory.
REQUEST FOR TRADING HALT
| Date & Time of Broadcast | 19-Jul-2013 11:04:08 |
| Date of Trading Halt * | 19/07/2013 | |
| Time of Trading Halt * | 1105 hours | |
| Reasons for Trading Halt * |
|
http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=882095#.UeiujNJTTvE
Any idea how to check the stock price at philippine?
PUBLISHED JUNE 10, 2013
Del Monte Pacific Limited said its controlling shareholder, NutriAsia Pacific Limited (NAPL), has placed 150 million shares at PhP26.40 each.
After the completion of the placement, NAPL's stake in the company will decrease from 78.6 per cent to 67 per cent.
The company is set to make its trading debut on the Philippine Stock Exchange (PSE) on Monday.
Del Monte, which is already listed in Singapore, will list 1.3 billion common shares on the PSE's first or main board, making it the first company to be dual-listed on both exchanges.
10-Jun-2013 07:54:52
UPDATES ON PROPOSED LISTING ON THE PHILIPPINE STOCK EXCHANGE
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_DF61E673654846A048257B85008056BF/$file/Annc-VendorPlacementAndOtherInfo.pdf?openelement
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3Months/03150C2EA0EAF17048257B570045F5E0?opendocument
PROPOSED SECONDARY LISTING ON THE PHILIPPINE STOCK EXCHANGE
CHANGE IN CAPITAL :: BONUS ISSUE :: BONUS ISSUE OF 215,719,297 NEW ORDINARY SHARES IN THE CAPITAL OF DEL MONTE PACIFIC LIMITED
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/CA495EB68026AEEE48257B5100292FDD?opendocument
DEL MONTE PACIFIC LIMITED
(Incorporated in the British Virgin Islands)
BONUS ISSUE OF 215,719,297 NEW ORDINARY SHARES (“BONUS SHARES”) IN THE CAPITAL OF DEL MONTE PACIFIC LIMITED (THE “COMPANY”) ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES HELD BY SHAREHOLDERS OF THE COMPANY (THE “BONUS ISSUE”)
Allotment & Issue of Bonus Shares
The Board and Directors (" Directors" ) of Del Monte Pacific Limited (the “Company”) would like to refer to the Company's earlier announcements made on 27 February 2013 and 1 April 2013 in relation to the Bonus Issue.
The Directors are pleased to announce that 215,719,297 (fractional shares were disregarded) Bonus Shares have been allotted and issued today to shareholders of the Company pursuant to the Bonus Issue.
Accordingly, the issued and paid-up share capital of the Company has been increased from US$10,817,811.94 divided into 1,081,781,194 ordinary shares of US$0.01 each fully paid, to US$12,975,004.91 divided into 1,297,500,491 ordinary shares of US$0.01 each fully paid.
The Bonus Shares will be listed and quoted on the Official List of the Singapore Exchange Securities Trading Limited (" SGX-ST" ) with effect from 9.00 am on 19 April 2013.
Temporary Odd Lot Counter
The Directors would also like to announce that at the Company’s request, approval has been obtained from the SGX-ST for the setting up of a temporary counter to facilitate trading of board lot sizes of two hundred (200) ordinary shares. The counter will be maintained for a period of one (1) month from the listing date of the Bonus Shares i.e. from 19 April 2013 to 18 May 2013, both dates inclusive (“Temporary Counter Period”).
The set-up of this counter is strictly of a provisional nature. Shareholders who continue to hold odd lots of less than 1,000 shares after the Temporary Counter Period may find difficulty and/or have to bear disproportionate transaction costs in realizing the fair market price of such shares.
By Order of the Board
Yvonne Choo
Company Secretary
18 April 2013
DEL MONTE PACIFIC TO ANNOUNCE FIRST QUARTER 2013 RESULTS
ON TUESDAY, 30 APRIL 2013
Del Monte Pacific Limited will announce the Group's First Quarter 2013 results on Tuesday, 30 April 2013.
Online Access
The Press Release, Management Discussion and Analysis Report (MDA), and Powerpoint Presentation
(even though there is no Briefing) will be posted on www.sgx.com after market closes.
For enquiries, please contact Jennifer Luy at (65) 6594 0980 or jluy@delmontepacific.com
Del Monte Pacific Ltd
www.delmontepacific.com
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/B11F6A79FEC3ADC348257B500017147A?opendocument
Apr 8 is the last day of CB (cum bonus issue) and stock price traded at 0.90-0.91 range and closed at 90.5c.
| Price | Trades | Volume | Sold to Buyer | Mid | Bought from Seller | |
| 0.900 | 6 | 15,000 | 15,000 | 0 | 0 | |
| 0.905 | 65 | 384,000 | 185,000 | 26,000 | 173,000 | |
| 0.910 | 2 | 6,000 | 0 | 0 | 6,000 | |
| TOTAL | 73 | 405,000 | 200,000 | 26,000 | 179,000 | |
| Weighted Avg Price : 0.9049 Avg Trade Size : 5,547.945 Spread/Price Ratio : 0.0000 |
On Ex-date (Apr 9), stock price traded at 0,755-0.805 price range and closed at $0.755 (up $0.001) from the adjusted price for 1:5 bonus issue $0.905x5/6 = $0.754.
| Price | Trades | Volume | Sold to Buyer | Mid | Bought from Seller | |
| 0.755 | 8 | 32,000 | 24,000 | 0 | 8,000 | |
| 0.760 | 11 | 153,000 | 61,000 | 0 | 92,000 | |
| 0.765 | 6 | 60,000 | 25,000 | 0 | 35,000 | |
| 0.770 | 1 | 1,000 | 0 | 0 | 1,000 | |
| 0.775 | 2 | 8,000 | 0 | 0 | 8,000 | |
| 0.805 | 1 | 1,000 | 0 | 0 | 1,000 | |
| TOTAL | 29 | 255,000 | 110,000 | 0 | 145,000 | |
| Weighted Avg Price : 0.7612 Avg Trade Size : 8,793.103 Spread/Price Ratio : 0.0066 |
Today (Apr 10) traded at price range of 0.75-0.76
Last Retrieved on Wed, Apr 10 2013 at 04:09 PM from iOCBC servers. |
| Price | Trades | Volume | Sold to Buyer | Mid | Bought from Seller | |
| 0.750 | 1 | 2,000 | 0 | 0 | 2,000 | |
| 0.755 | 10 | 45,000 | 41,000 | 0 | 4,000 | |
| 0.760 | 6 | 269,000 | 9,000 | 0 | 260,000 | |
| TOTAL | 17 | 316,000 | 50,000 | 0 | 266,000 | |
| Weighted Avg Price : 0.7592 Avg Trade Size : 18,588.235 Spread/Price Ratio : 0.0066 |
Was waiting at 85.5 its 50MA support. with the white marubozo shooting through the 20MA, coupled with the announcement of the bonus, very unlikely to see this again.
got to wait another cycle for this euphoria to settle down. buying will have to pay for the premium of the bonus. not a good entry strategy.
DEL MONTE PACIFIC LIMITED
(Incorporated in the British Virgin Islands)
NOTICE OF BOOKS CLOSURE BONUS ISSUE OF UP TO 215,869,298 NEW ORDINARY SHARES (“BONUS SHARES”) IN THE CAPITAL OF DEL MONTE PACIFIC LIMITED (THE “COMPANY”) ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES HELD BY THE SHAREHOLDERS OF THE COMPANY (THE “BONUS ISSUE”)
NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 11 April 2013 for the purpose of determining shareholders’ entitlements to the Bonus Shares under the Bonus Issue.
Duly completed registrable transfers received by the Company’s Share Transfer Agent, Boardroom Corporate & Advisory Services Pte. Ltd. at 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623 up to the close of business at 5.00 pm on 11 April 2013 will be registered to determine shareholders’ entitlements to the Bonus Shares.
Members whose securities accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 pm on 11 April 2013 will be entitled to the Bonus Shares under the Bonus Issue.
By Order of the Board
Yvonne Choo
Company Secretary
1 April 2013
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/4407ED98BFE8A2E348257B400029FED2?opendocument
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/4407ED98BFE8A2E348257B400029FED2?opendocument
DEL MONTE PACIFIC LIMITED
(Incorporated in the British Virgin Islands)
APPROVAL IN-PRINCIPLE FOR PROPOSED BONUS ISSUE
The Board of Directors of Del Monte Pacific Limited (the “Company”) had previously announced on 27 February 2013 a proposed bonus issue of up to 216,044,498 new ordinary shares each in the capital of the Company (“Bonus Shares”) on the basis of two (2) Bonus Shares credited as fully paid for every ten (10) existing ordinary shares held in the capital of the Company (the “Proposed Bonus Issue”).
The Bonus Shares will be issued pursuant to a general mandate obtained at the Annual General Meeting of the Company held on 30 April 2012 which allows the Company’s Directors to issue shares in the capital of the Company aggregating up to fifty (50) per cent of the Company’s issued share capital for the time being (on a pro-rata basis).
The Board of Directors of the Company is pleased to announce that in-principle approval has been obtained from the Singapore Exchange Securities Trading Limited (the “SGX-ST”) on 28 March 2013 in respect of the Company’s application for the listing of and quotation of up to 215,869,298 Bonus Shares1, subject to compliance with the SGX-ST’s listing requirements.
The in-principle approval from the SGX-ST is not to be taken as an indication of the merits of the Proposed Bonus Issue, the Bonus Shares, the Company and/or its subsidiaries.
By Order of the Board
Yvonne Choo
Company Secretary
1 April 2013
1 This is the maximum number of Bonus Shares which may be issued assuming that 1,350,000 outstanding employee share options
PUBLISHED FEBRUARY 27, 2013
Del Monte Pacific Q4 profit up 2% full year profit up 17%
BY ANDREA SOH
Better performance of its branded business in the Philippines and Indian subcontinent helped push revenue for Del Monte Pacific higher in the fourth quarter.
This, coupled with lower advertising and promotions and a smaller share in the losses of an affliate increased its earnings slightly.
Net profit attributable to shareholders grew 2.3 per cent to US$13.4 million for the three months ended December, while revenue rose 3.5 per cent to US$159.5 million.
The firm reported firmer results for the full year.
MEDIA RELEASE – DEL MONTE PACIFIC FULL YEAR NET PROFIT GREW BY 17% DRIVEN BY BRANDED BUSINESS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/DA1EF317E570578D48257B1F00354E8C?opendocument
FOURTH QUARTER AND FULL YEAR * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/5638F1F6F81DEB9948257B1F00349986?opendocument
FOURTH QUARTER AND FULL YEAR 2012 RESULTS PRESENTATION * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/76DCBE2D141A811F48257B1F0036751C?opendocument
CHANGE IN CAPITAL :: BONUS ISSUE :: BONUS SHARE ISSUE
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/B78C36B9D684DB7148257B1F00380A2D?opendocument
NOTICE OF BOOK CLOSURE DATE FOR DIVIDEND
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/DA41BE323803A0AE48257B1E003B8AD3?opendocument
Should have expected that the controlling shareholder will push up the price for this. <
With the recent run-up in DMPL share price, I am quite hopeful that the company will revive the bonus issue in the coming full year results scheduled before end Feb.
katak88 ( Date: 25-Aug-2012 11:26) Posted:
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PUBLISHED NOVEMBER 05, 2012
Del Monte Q3 net profit up 7.2%
BY LEE MEIXIAN
Food-and-beverage products group Del Monte Pacific on Monday posted a net profit of US$8.35 million (S$10.22 million) for the third quarter ended Sept 30, 2012, up 7.2 per cent from US$7.79 million a year earlier.
Turnover rose 11 per cent to US$116.6 million from US$105.3 million a year ago, bolstered by strong performances from its branded business in the Philippines and Asia Pacific, the company said on Monday.
The group's unbranded business was down for the quarter, however. Export sales dropped 15 per cent and export operating income fell 60 per cent.
" Weak demand, primarily in Europe, coupled with higher supply of pineapple, significantly reduced pineapple concentrate prices which led to lower sales and profitability in the export markets," it said.
THIRD QUARTER AND NINE MONTHS 2012 RESULTS PRESENTATION * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/9AAACD7E8018604448257AAD002DE285?opendocument
DEL MONTE PACIFIC LIMITED
05-Nov-2012 17:20:41
THIRD QUARTER RESULTS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/C5C39C38EE86862148257AAD002D81AD?opendocument
5 November 2012
SGX-ST/MEDIA RELEASE: (unaudited results ended 30 September 2012)
Contact: Jennifer Luy
Tel: (65) 6324 6822
jluy@delmontepacific.com
DEL MONTE PACIFIC THIRD QUARTER GROWTH DRIVEN BY BRANDED BUSINESS
• Third quarter sales grew 11% to US$117m, while net profit rose 7% to US$8m
• Del Monte branded business in the Philippines and S& W in Asia Pacific were growth drivers
Singapore, 5 November 2012 – Singapore Exchange Mainboard-listed Del Monte Pacific Limited
(Bloomberg: DELM SP, Reuters: DMPL.SI) announced today higher third quarter results with sales of
US$116.6 million and net profit of US$8.3 million, up 11% and 7%, respectively from prior year quarter.
“Our branded business in the Philippines through Del Monte and Asia Pacific through S& W delivered
another quarter of strong performance,” said Mr. Joselito D. Campos, Jr., Managing Director and CEO
of DMPL. “These lifted overall Group results despite the weak demand in the global export markets,
especially Europe, and lower pineapple concentrate prices.”
The branded business of DMPL in Asia Pacific generated over two thirds of the Group’s consolidated
sales. Less than a third of the Group’s turnover was from unbranded industrial and private label sales,
including those covered by long-term supply agreements with other Del Monte companies.
Sales in the Philippines were higher due to strong growth across all product categories, in particular
the beverage segment. Beverages grew on the back of continued momentum of juices. The culinary
segment’s recovery was driven by new advertising campaigns. The growth of the processed fruit
segment was sustained by the sale of fruits in more affordable smaller packs. Also contributing to
overall growth was the acceleration of trade coverage expansion, particularly outside of Modern Trade.
The S& W branded business, both processed and fresh, expanded by 26% to US$7.8 million mainly in
Asia and the Middle East. The Group entered new markets while deepening penetration in core markets.
The Group’s unbranded business was down. Export sales dropped 15% in the third quarter. Export
operating income was much lower, down by 60%. Weak demand, primarily in Europe, coupled with
higher supply of pineapple, significantly reduced pineapple concentrate prices which led to lower sales
and profitability in the export markets.
Group gross profit rose 16% in the third quarter to US$29.5 million from US$25.5 million on higher
volume and better sales mix, mainly in the Philippines and S& W markets, with gross margin improving
to 25.3% from 24.2%.
For the quarter, the Group’s Indian joint venture posted higher sales in the processed foods business
under the Del Monte brand. As a result, the Group recognised a lower equity loss of US$1.4 million
versus prior year quarter’s US$2.7 million, on better sales mix, reduced overhead and tighter
management of expenses. The equity loss was in line with expectation.
For the nine months of 2012, the Group generated sales of US$300.2 million, 11% higher than prior
year’s US$271.1 million, on better Philippines and S& W branded sales. Gross profit improved by 17%
to US$74.1 million on increased volume and better sales mix. This led to net income expansion of 30%
to US$18.7 million from US$14.4million.
Barring unforeseen circumstances, the Group expects to improve earnings in full year 2012 although
the export markets will remain a challenge in the fourth quarter. The expected earnings growth for the
full year will be driven by revenue enhancements from better volume and sales mix in the Philippines
and S& W markets. The Group is actively addressing the weak export markets by cutting back on
tonnage, shifting volume to stronger markets and growing sales of more value-added products. To
manage the risk of weak export prices, the Group continues to implement operational efficiencies,
procurement savings and active cost management.
Strategically, the Group is expanding its branded business by penetrating more markets, improving
trade coverage and shifting to higher value-added products. This should minimise the unfavourable
impact of the industrial product segment and unbranded exports volatility in the long term.
| PRESS RELEASE - DEL MONTE PACIFIC THIRD QUARTER GROWTH DRIVEN BY BRANDED BUSINESS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT |
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/BDD12A210BB2E04B48257AAD002C85AC?opendocument
That would amount to market manipulation of shares