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F&N

F&N profit jumps 23% in Q4 to $120m

LOCAL conglomerate Fraser and Neave (F&N) yesterday reported net profit of $120.3 million for the fourth quarter ended Sept 30, up 23 per cent from the corresponding period last year.

Fourth-quarter revenue rose 4.4 per cent to $1.29 billion.

The Q4 results brought F&N's full-year net profit after fair value gains and exceptionals to $435.8 million - 15 per cent higher than in the year-ago period. This translates to earnings per share of 31.4 cents, against 28.7 cents a year ago.

Before fair value gains and exceptionals items, however, net profit notched up just 0.3 per cent to $379.0 million.

Group revenue for the financial year increased 5 per cent to $4.95 billion.

Shareholders can expect a final dividend of 8.5 cents per share, bringing the full-year dividend to 13.5 cents per share.

'The group's diversified portfolio of businesses has helped to provide stability in earnings,' said F&N's chairman Lee Hsien Yang. 'The food & beverage (F&B) and commercial property businesses, in particular, have proven resilient in previous economic downturns, and have remained strong pillars for the group, delivering continued profit growth.'

 

 

haiz, only wish i had more money. every day look at markets and drool only lol

HLJHLJ      ( Date: 26-Oct-2008 08:55) Posted: wow, the mood before US election is bearish! Looking at the chart, it is downtrend. However, MACD is flattening out. Really, the market right now is very tempting, quite low!! Many are near to its NAV. However, it might be a long wait for bull to come.. so must be able to ride out the dry season ==> Must invest within our means. HLJHLJ      ( Date: 07-Sep-2008 01:25) Posted: Recent sharp dips have caused the TA to turn down. I'll wait for things to stabilise first. No hurry. Whole world people are waiting now, so why rush? In fact, recently BBs have pulled out quite a lot according to some postings in SJ. TA shows bearish mood as well. MA crossover, Williams all bearish. Of course, there is some possibility of small rebounds,  but I'm not traders, so i do not be bothered by any small rebounds. I intend to pick about some lots later on if conds stabilise. I think just before the US presidential election or after, might have some activities in equity. When is it?? Must watch out for this day.

 

wow, the mood before US election is bearish!
Looking at the chart, it is downtrend. However, MACD is flattening out.

Really, the market right now is very tempting, quite low!! Many are near to its NAV.
However, it might be a long wait for bull to come.. so must be able to ride out the dry season ==> Must invest within our means.

HLJHLJ      ( Date: 07-Sep-2008 01:25) Posted: Recent sharp dips have caused the TA to turn down. I'll wait for things to stabilise first. No hurry. Whole world people are waiting now, so why rush? In fact, recently BBs have pulled out quite a lot according to some postings in SJ. TA shows bearish mood as well. MA crossover, Williams all bearish. Of course, there is some possibility of small rebounds,  but I'm not traders, so i do not be bothered by any small rebounds. I intend to pick about some lots later on if conds stabilise. I think just before the US presidential election or after, might have some activities in equity. When is it?? Must watch out for this day.

 

Wow ....good counter also kena ....sigh

 

ha ha its DEO also abandon ship liao, to join CAAX. A good pointer loh. 

 

 

I will wait for it to drop to $2.85 again then consider. Too expensive.

 

Recent sharp dips have caused the TA to turn down. I'll wait for things to stabilise first. No hurry. Whole world people are waiting now, so why rush? In fact, recently BBs have pulled out quite a lot according to some postings in SJ. TA shows bearish mood as well. MA crossover, Williams all bearish. Of course, there is some possibility of small rebounds,  but I'm not traders, so i do not be bothered by any small rebounds. I intend to pick about some lots later on if conds stabilise.

I think just before the US presidential election or after, might have some activities in equity. When is it?? Must watch out for this day.

 

do you think FNL can go lower than 4, strong support seen at 4.0-4.1

wait to enter at 3.8

HLJHLJ      ( Date: 07-Aug-2008 21:58) Posted: TA shows downtrend. I'll wait for MA to crossover first. Williams also not very good. Candlestick very red. Wait...

 

TA shows downtrend. I'll wait for MA to crossover first. Williams also not very good. Candlestick very red. Wait...

 

I've bought 2 lot today at $4.3. I plan to keep it for long-long time.

 

Don't wait liao, rebounded 4.40.....can start picking up liulian liao!...hehehe

 

Forgot to add that short term MA meeting soon. Not sure if there will be any rebound. Will see next few days.

HLJHLJ      ( Date: 19-Jun-2008 16:09) Posted: Can wait somemore. Down again.

 

Can wait somemore. Down again.

 

Good thing we waited. Down today. I think tomorrow will be the same.

TA => high vol today but candlestick red, not a good sign. People selling?
MACD not meeting yet. I'll wait for a while.

 

Thanks

 

I sold off my 2 lots days back @4.8 after reading about vietnam inflation.  I think F&N has something there, not big but enough to scare me. In addition, economy is not very good. Property is no good as well. Also, TA analysis shows downtrending signs, so i got out in time.

I'll wait. Why don't you want for the short-term MA to turn first before committing. That's normally what i do. Can't catch the bottom but at least wait for the trend to go up first.

zionbee      ( Date: 18-Jun-2008 13:14) Posted: Is F & N a good buy now?

 

Is F & N a good buy now?

 

thanks

 

FROM sgx website, pay date is today 12 June as followed.


 

FRASER AND NEAVE, LIMITED

DIVIDEND Announced on 2008-05-12

Particulars :	SGD 0.05 ONE-TIER TAX
Financial Year End :	30 Sep 2008
Ex-date :	28 May 2008
Buy-In Last Cum Date :	2 Jun 2008
Record Date :	30 May 2008
Date Paid/Payable :	12 Jun 2008

Last updated on 06/04/2008 03:00:48 AM