Yeo Hiap Seng    Last:0.55   -

YEO HIAP SENG LTD

Yeo Y S is making good progress.  Any meteoric rise like last year?

Octavia      ( Date: 18-Jun-2013 10:30) Posted: Maybank KE has a rpt out on the group, notes that management is taking steps in the right direction towards docusing on building up its F& B business. For FY12, F& B operating margins were just 2.3%. These margins are significantly lower than peers, which MBKE believes that there is upside potential given its market share (no.1 for Asian drinks in Singapore/ Malaysia). The company is in the midst of reorganizing its plants to improve overall efficiency. In Cambodia and Indonesia where Yeo Hiap Seng has been enjoying high growth in, group has earmarked significant capex for two new major manufacturing plants- which will likely commence operations in 2015/2016. The company completed the privatization of its Malaysia subsidiary in Jan 2013. This will give it a higher share of F& B profit going forward. Its last property project (Jardin) will be completed this year, and management will also seek to divest its sizeable landbank should opportunity arises. MBKE see latent potential in the Group?s F& B business, but warn that improvements in margin and more meaningful geographical expansion will likely be a multi-year story. In the immediate term, costs are likely to remain high due to new product launches and start-up costs. MBKE maintains HOLD with TP of $2.55.

 

Maybank KE has a rpt out on the group, notes that management is taking steps in the right direction towards docusing on building up its F& B business. For FY12, F& B operating margins were just 2.3%. These margins are significantly lower than peers, which MBKE believes that there is upside potential given its market share (no.1 for Asian drinks in Singapore/ Malaysia). The company is in the midst of reorganizing its plants to improve overall efficiency.

In Cambodia and Indonesia where Yeo Hiap Seng has been enjoying high growth in, group has earmarked significant capex for two new major manufacturing plants- which will likely commence operations in 2015/2016. The company completed the privatization of its Malaysia subsidiary in Jan 2013. This will give it a higher share of F& B profit going forward. Its last property project (Jardin) will be completed this year, and management will also seek to divest its sizeable landbank should opportunity arises.

MBKE see latent potential in the Group’s F& B business, but warn that improvements in margin and more meaningful geographical expansion will likely be a multi-year story. In the immediate term, costs are likely to remain high due to new product launches and start-up costs. MBKE maintains HOLD with TP of $2.55.

 

YEO'S hit above 2.90 today ...may move to 3.00 above 2morrow.Just Watch the Magic!!!

 

Vested and just hope for the best

Bintang      ( Date: 15-May-2013 11:45) Posted: YeoHS fell from the peak at $6.10 last year to the low at $2.52 on 08/05/2013  , now it is having a rebounce . If it could clear the resistance at $3.23 , it may go up further to fill the gaps   at $3.88  , $4.58 n $4.82 .

 

YeoHS fell from the peak at $6.10 last year to the low at $2.52 on 08/05/2013  , now it is having a rebounce . If it could clear the resistance at $3.23 , it may go up further to fill the gaps   at $3.88  , $4.58 n $4.82 .

 

syndicate

 

YHS has been shooting up lately...probably because there is rumour about its owner Fareast wanting to sell off the beverage noncore business to a secret buyer( ? thbev?). This rumour cannot be confirm but tgt price is $3.50 

Octavia      ( Date: 14-May-2013 15:45) Posted: No co. specific news to explain its jump in share price today, although volume is still relatively thin with 100 lots traded. Latest news on the coutner was its qtrly results releasd on 24th April, which saw net profit slummping to $15.5m, -69% y/y. While coverage on the counter has generally been very limited, recall last year Maybank-KE initaited coverage on the counter, citing YHS's catalysts such as the amassed a huge landbank/property portfolio, especially in Malaysia where it owns over 2m sq metres of land area, where house see hidden value in these lands which are often difficult to value. This treasure trove, currently worth at least $250m, may eventually be monetised via FEO’s other arms. House had also note that YHS has an agreement with PepsiCo that gives the latter a right of first refusal to buy YHS, its distributor and manufacturer in Singapore. However, as seen in the Asia Pacific Breweries saga, this does not preclude a bidding war that could well drive up YHS’s share price in excess of our SOTP-based target price of SGD2.25, which includes SGD0.435 per share of cash proceeds from the Jardin project. An improvement in free float from 15% to 29.5% post-restructuring will likely lift valuations over the long term too.  House  initiate coverage with a Buy recommendation.

 

No co. specific news to explain its jump in share price today, although volume is still relatively thin with 100 lots traded. Latest news on the coutner was its qtrly results releasd on 24th April, which saw net profit slummping to $15.5m, -69% y/y. While coverage on the counter has generally been very limited, recall last year Maybank-KE initaited coverage on the counter, citing YHS's catalysts such as the amassed a huge landbank/property portfolio, especially in Malaysia where it owns over 2m sq metres of land area, where house see hidden value in these lands which are often difficult to value. This treasure trove, currently worth at least $250m, may eventually be monetised via FEO’s other arms. House had also note that YHS has an agreement with PepsiCo that gives the latter a right of first refusal to buy YHS, its distributor and manufacturer in Singapore. However, as seen in the Asia Pacific Breweries saga, this does not preclude a bidding war that could well drive up YHS’s share price in excess of our SOTP-based target price of SGD2.25, which includes SGD0.435 per share of cash proceeds from the Jardin project. An improvement in free float from 15% to 29.5% post-restructuring will likely lift valuations over the long term too.  House  initiate coverage with a Buy recommendation.

 

…still exhausted and injured from the crazy run…?... next support level $2.30… last done: $2.58…

 

The way this guy go very soon will go below $2....price seems to be creeping slowly down day by day. Something going on?

 

<$1 think good buy Liao

Hulumas      ( Date: 04-Mar-2013 21:54) Posted: Back to < Sgd. 1.00 that will be the floor. I suppose. iPunter      ( Date: 04-Mar-2013 11:19) Posted: Sifu is right... Once stocks fall, they know no floor..       Once they rise, they know no ceiling... lol...

 

Back to < Sgd. 1.00 that will be the floor. I suppose.

iPunter      ( Date: 04-Mar-2013 11:19) Posted: Sifu is right... Once stocks fall, they know no floor..       Once they rise, they know no ceiling... lol... guoyanyunyan      ( Date: 04-Mar-2013 11:12) Posted: ... look up to last Oct ... $2.83 look good to buy ... ... look at 2-years chart ... $2.83 look so expensive ...

 

Sifu is right... Once stocks fall, they know no floor..

      Once they rise, they know no ceiling... lol...

guoyanyunyan      ( Date: 04-Mar-2013 11:12) Posted: ... look up to last Oct ... $2.83 look good to buy ... ... look at 2-years chart ... $2.83 look so expensive ...

 

... look up to last Oct ... $2.83 look good to buy ...

... look at 2-years chart ... $2.83 look so expensive ...  

 

... day low so far is $2.90... three months low is $2.81 ...

 

... last done $2.99, below the $3.00 psychological support ...

 

Yeo Hiap Seng on Wednesday reported a 46 per cent year-on-year drop in net profit for the fiscal fourth quarter ended Dec 31, 2012.

Net profit came in at S$5.24 million, or 0.91 Singapore cents per share, down from S$9.74 million a year ago, despite a 14 per cent increase in turnover to S$106.41 million from S$93.62 million.

Full-year profit rose 65 per cent year on year to S$70.39 million, or 12.26 Singapore cents per share, from S$42.6 million, on turnover of S$566.41 million

 

Should be consolidating now.. Look for the daily vol... Vs average vol

 

What happen to YHS????snail.....

 

Down about 10% from 3.40+ good point to enter and ride up with the stock!