SunMoon Food   

outlook

A lot of drinks retail stores are also spring up all over shopping plazas and centres.

Some are selling like " hot cakes" and making good money.   Some are soon going public too.

Only Sunmoon is a bad boy, losing every quarter.   Maybe pulled down by other businesses.   But how long can it lose? EBITDA shows earnings but when taking into consideration depreciation, income tax and amortization it will show a loss always stereotype way of reporting.   Some accounting puzzles here for you to fix, wahahaha!!!.

Thus I believe that within the next 2 quarters, if still cannot go, this fellow cannot stand and has to " sangmeng" . (fold).   Beware!! Wahahaha!!

Bopanha      ( Date: 08-Mar-2013 12:46) Posted: Nowadays, Sunmoon has so many branches springing up to catch businesses for fruits and fruit drinks and giving the many " Bubble Tea" companies a run for their money. Can really see good business, esp the lunch time crowds.   Everything is cash basis.   Shares of SUNMOON if go up 5 cents, we can also really make big money.   Hahahaha.

 

Yah.   Their products are sold very freely all over Singapore, and yet they always report annual losses, bit by bit. I think it should burst before the end of the year.

yummysukiyaki      ( Date: 15-May-2013 11:11) Posted: This one can burst anytime.....arghhhh!!!

 

This one can burst anytime.....arghhhh!!!

 

Nowadays, Sunmoon has so many branches springing up to catch businesses for fruits and fruit drinks and giving the many " Bubble Tea" companies a run for their money. Can really see good business, esp the lunch time crowds.   Everything is cash basis.   Shares of SUNMOON if go up 5 cents, we can also really make big money.   Hahahaha.    

 

I noticed that Sunmoon has set up many retail fruits and drinks stalls, all over the island.   Good move.   Can give a good competition to the many bubble/milk tea retail chains who are doing buzzing business. Big market and if not mistaken, could be in the region of hundreds of millions of dollars a year market.   Besides, Sunmoon is the suppliers of groceries and veges to many wet markets as well as supermarkets like Giants, etc, etc...so more money are lying everywhere for them to pick...I want to go in properly. .Wahahahaha..

Tomique      ( Date: 26-Feb-2013 14:54) Posted: Tanjong Pager.   Also saw queues in Raffles Place. Wahahaha!!  jomini      ( Date: 26-Feb-2013 14:39) Posted: which store were u at? the one at singapore land its just like a normal minimart.....no queue...other places more crowded....

 

Tanjong Pager.   Also saw queues in Raffles Place. Wahahaha!! 

jomini      ( Date: 26-Feb-2013 14:39) Posted: which store were u at? the one at singapore land its just like a normal minimart.....no queue...other places more crowded....

 

I agree, sifu!! Thanks for hinting. Will monitor and do some research. Cheers.

 

which store were u at? the one at singapore land its just like a normal minimart.....no queue...other places more crowded....

 

If this company starts to announce beginning to make profits, I will not be surprised!   Look at the queue at their stores. Happy trading...

 

But Who the heck, just traded one lot?  The commission of min $25 is incurred.  Why not buy 100 lots for $225 which average to cheaper per lot traded.  Just opining.

Bopanha      ( Date: 21-Nov-2012 11:14) Posted: Hope someone really take over and kick the whole management in the ass.  Not much business acumen has seen by so far. Though the company on and off reported profits, it net assets continue to fall signalling money made are not well managed.  Thus the negative equity continues to deplete value.     tonylim      ( Date: 08-Apr-2010 16:29) Posted: Many years ago, Sunmoon is remoured to be a takeover target that did not materialise.Maybe coming soon

 

Hope someone really take over and kick the whole management in the ass.  Not much business acumen has seen by so far. Though the company on and off reported profits, it net assets continue to fall signalling money made are not well managed.  Thus the negative equity continues to deplete value.    

tonylim      ( Date: 08-Apr-2010 16:29) Posted: Many years ago, Sunmoon is remoured to be a takeover target that did not materialise.Maybe coming soon? gavinl      ( Date: 08-Apr-2010 16:26) Posted: Finaly,this counter is seeing some results.Any views on this?

 

When will the fairy tale becomes reality? A phoenix raised from the ashes.. A sleeping Snow White waits for handsome prince. An ugly duckling turns into a swan.  I lost hope of this and thus lost hope on the people behind the company.  Do they feel bad?

 

Because the sellers immediately subjected to half price when they sell!

hotokee      ( Date: 04-Mar-2010 08:59) Posted: Everyday I queue but sometimes get few lots only even though always telling them bad things about this counter they still don't sell.  Don't understand. Hulumas      ( Date: 03-Mar-2010 16:16) Posted: Every day keep queueing at Sgd. 0.005 then it might help perhaps

 

Many years ago, Sunmoon is remoured to be a takeover target that did not materialise.Maybe coming soon?

gavinl      ( Date: 08-Apr-2010 16:26) Posted: Finaly,this counter is seeing some results.Any views on this?

 

Finaly,this counter is seeing some results.Any views on this?

 

Everyday I queue but sometimes get few lots only even though always telling them bad things about this counter they still don't sell.  Don't understand.

Hulumas      ( Date: 03-Mar-2010 16:16) Posted: Every day keep queueing at Sgd. 0.005 then it might help perhaps. hotokee      ( Date: 02-Mar-2010 15:15) Posted: I start to love this counter when I saw two profit reports. But I can't scare people to sell me lower. How to buy cheapest?

 

Every day keep queueing at Sgd. 0.005 then it might help perhaps.

hotokee      ( Date: 02-Mar-2010 15:15) Posted: I start to love this counter when I saw two profit reports. But I can't scare people to sell me lower. How to buy cheapest?

 

Sunmoon Food Company Limited announced that it had recorded pre-tax losses for the three most recently completedconsecutive financial years (based on the latest announced full year consolidated accounts, excluding exceptional or nonrecurrentincome and extraordinary items) and its market capitalisation as at 01-03-2010, the last market day on whichtrading was not suspended or halted, is approximately S$40 million.

 

For those who read the POST " 6 counters to be delisted ",

I am sorry and apologies, SunMoon is not in the watchlist ! But be careful on this counter. Good Luck ! 

 

I am very surprised still got people don't believe ! Must be a joke that they don't admit their lost in investment, just write off  la ! This one is dead !!!

 NOTICE OF 3 CONSECUTIVE YEARS' LOSSES 

Name of Issuer: SUNMOON FOOD COMPANY LIMITED hereby gives notice that: (i) it has recorded pre-tax losses for the three (3) most recently completed consecutive financial years (based on the latest announced full year consolidated accounts, excluding exceptional or non-recurrent income and extraordinary items); and  (ii) its market capitalisation as at 01-03-2010, the last market day on which trading was not suspended or halted, is approximately S$40 million. (Trading is deemed to be suspended or halted if trading is ceased for a full market day.)

The Company wishes to draw investors’ attention to Rule 1311 of the Listing Manual which states that the Exchange will place an issuer on a watch-list if it records: (i) pre-tax losses for the three (3) most recently completed consecutive financial years (based on the latest announced full year consolidated accounts, excluding exceptional or non-recurrent income and extraordinary items); and (ii) an average daily market capitalisation of less than $40 million over the last 120 market days on which trading was not suspended or halted. For the purpose of this rule, trading is deemed to be suspended or halted if trading is ceased for the full market day. Investors should also note that pursuant to Practice Note 13.2 Paragraph 2.1, the Exchange conducts quarterly reviews to identify issuers to be included on the watch-list. The quarterly review will take place on the first market day of March, June, September and December of each year. The Company will make an immediate announcement should it be notified by the Exchange that it will be placed on the watch-list.