Sino Grandness

(13-03-2015, 08:39 PM)CY09 Wrote: And the plot thickens with the Chairman/CEO buying 1.15M of shares with his money over the past week. This is really a "white and gold or blue and black" company

1.15M of shares is abt only $280k right? If yes, then its just half a peanut to them. Look at the amount of shares Noble directors purchased. Its worth millions of $.

Based on the business update issued on 9 Mar, Sino Grandness is not assuming that listing of Garden Fresh is a certainty.
As precautions, Sino has secured credit lines of RMB 149m from PRC banks and is in talk with foreign banks to borrow more. It is also calibrating the construction of the Anhui plant based on the amount of cash it has.
The remarks by CEO and his staff, taken together, are not inconsistent.

The edge magazine dated March 16 2015 reported conversation with Chalermchai.

For me, food is a good industry to be in, but we have to know the market. By buying into Sino Grandness, we start somewhere. We don't start from zero. If you launch a product in China and you start from zero, you go no where. But if you have a local partner who knows the local culture, it's a lot easier. In fact, many Thai beverage manufacturers have since approached TTA to help them distribute their products in China through the distribution channels of Sino Grandness.


Mr Charlermchai foresees TTA working with Sino Grandness to expand into the F&B business across the region.

TTA and PM group have a combined 12.7% (86 million share) stake in Sino Grandness, of which 46.1 million shares will be locked up for a period of 10 yrs.

Chalermchai is the son of Prayudh Mahatsigiri. Mr Prayudh Mahagitsiri, honorary chairman of TTA and the founder and chairman of PM Group, is known as the "Coffee King of Thailand", was recently appointed honorary chairman of Sino Grandness.

(13-03-2015, 10:28 PM)leeeta Wrote: The edge magazine dated March 16 2015 reported conversation with Chalermchai.

For me, food is a good industry to be in, but we have to know the market. By buying into Sino Grandness, we start somewhere. We don't start from zero. If you launch a product in China and you start from zero, you go no where. But if you have a local partner who knows the local culture, it's a lot easier. In fact, many Thai beverage manufacturers have since approached TTA to help them distribute their products in China through the distribution channels of Sino Grandness.


Mr Charlermchai foresees TTA working with Sino Grandness to expand into the F&B business across the region.

TTA and PM group have a combined 12.7% (86 million share) stake in Sino Grandness, of which 46.1 million shares will be locked up for a period of 10 yrs.

Chalermchai is the son of Prayudh Mahatsigiri. Mr Prayudh Mahagitsiri, honorary chairman of TTA and the founder and chairman of PM Group, is known as the "Coffee King of Thailand", was recently appointed honorary chairman of Sino Grandness.

why is there a need to lock up the shares for 10 years? is it just to "show" people and try to instill confidence?

Being big businessmen, Thais having to make such a deal with chinese just seems weird if not ridiculous.

Smells fishy, probably is fishy.

For me, the biggest gripe about the current situation is that the vested party does nothing in this depressed price, shows their confidence (or lack thereof) in the company.

That and the first quarterly "loss" right before the "binary event" happening.

This seems to shaping up to be a big mistake.

(vested)

(13-03-2015, 05:03 PM)portuser Wrote:

(13-03-2015, 04:22 PM)butcher Wrote: Anyone knows who are the major holders of the convertible bonds?

Shareholders have been told that a substantial portion of the 2011 RMB 100m bonds had been sold by Sang Hung Kai to other investors.

Bonds amounting to RMB 19.5m were redeemed in Oct 2014, on maturity, and the remaining RMB 80.5m rolled over to a new maturity date of 30 June 2015.

Goldman Sachs is holding on to the bulk of the RMB 270m bonds issued in July 2012.

Goldman Sachs is represented on the board of directors of Garden Fresh, based on page 2 of the announcement dated 10 May 2012.

My confidence in Sino Grandness is boostered by knowing that Goldman Sachs is represented on the Board of Directors of Garden Fresh. I must thank you for highlighting this.

(13-03-2015, 11:37 PM)BlueKelah Wrote:

(13-03-2015, 10:28 PM)leeeta Wrote: The edge magazine dated March 16 2015 reported conversation with Chalermchai.

For me, food is a good industry to be in, but we have to know the market. By buying into Sino Grandness, we start somewhere. We don't start from zero. If you launch a product in China and you start from zero, you go no where. But if you have a local partner who knows the local culture, it's a lot easier. In fact, many Thai beverage manufacturers have since approached TTA to help them distribute their products in China through the distribution channels of Sino Grandness.


Mr Charlermchai foresees TTA working with Sino Grandness to expand into the F&B business across the region.

TTA and PM group have a combined 12.7% (86 million share) stake in Sino Grandness, of which 46.1 million shares will be locked up for a period of 10 yrs.

Chalermchai is the son of Prayudh Mahatsigiri. Mr Prayudh Mahagitsiri, honorary chairman of TTA and the founder and chairman of PM Group, is known as the "Coffee King of Thailand", was recently appointed honorary chairman of Sino Grandness.

why is there a need to lock up the shares for 10 years? is it just to "show" people and try to instill confidence?

Being big businessmen, Thais having to make such a deal with chinese just seems weird if not ridiculous.

Smells fishy, probably is fishy.

Actually, there is no legal requirement for locking up shares in a private placement such as that between Sino Grandness and the Thais. Notwithstanding, the Thais have undertaken to lock up a substantial portion of their shares for 10 years. This simply demonstrates their confidence in Sino Grandness and their commitment to work with the company for the future. This proves that they are strategic investors. Why should we not view the undertaking positively.

[Image: Capture.jpg]

- Garden Fresh next roll out after Hong Kong will be Thailand in the 2nd half of this year, and eventually to other parts of South East Asia. Garden Fresh has the potential to be an international brand with the support of Mr Prayudh who is producing the 3-in-1 coffee for Nestle.

- Contrary to naysayers, IPO is progressing well and Mr Huang is confident to complete and submit the application before July this year.

(14-03-2015, 10:37 AM)Newman Wrote:

(13-03-2015, 05:03 PM)portuser Wrote:

(13-03-2015, 04:22 PM)butcher Wrote: Anyone knows who are the major holders of the convertible bonds?

Shareholders have been told that a substantial portion of the 2011 RMB 100m bonds had been sold by Sang Hung Kai to other investors.

Bonds amounting to RMB 19.5m were redeemed in Oct 2014, on maturity, and the remaining RMB 80.5m rolled over to a new maturity date of 30 June 2015.

Goldman Sachs is holding on to the bulk of the RMB 270m bonds issued in July 2012.

Goldman Sachs is represented on the board of directors of Garden Fresh, based on page 2 of the announcement dated 10 May 2012.

My confidence in Sino Grandness is boostered by knowing that Goldman Sachs is represented on the Board of Directors of Garden Fresh. I must thank you for highlighting this.

Sung Hung Kai & Co Ltd nominated Julian So Han Meng as a non-executive director on Eratat Lifestyle's board on August 5 2013. In the SGX filing relating to his appointment it was stated the Julian So Han Meng is the 'Permanent employee of Sun Hung Kai Financial, who ultimately owns bonds and/or warrants issued by the company.'

Eratat subsequently defaulted on its bonds and has remained suspended from trading since 30 January 2014.

The Sung Hun Kai representative on Eratat resigned from the Eratat board on April 28 2014 citing health reasons.

It would have been foolish if one had stayed invested and boostered his confidence based on the appointment of the Sun Hung Kai representative to Eratat Board.

article from china fruit website.

www.zgsgmh.com/news/show.php?itemid=6926

Loquat juice is a new-found option for one to enjoy the therapeutic effects of the loquat fruit.

Moreover, before they begin to turn bad, excess loquat fruit can be processed into juice to reduce waste.

中国第一罐枇杷汁——鲜绿园枇杷汁走向市场。理所当然，鲜绿园成为中国“枇杷汁饮料”这一新的果蔬饮品品类的开创者!　　　走创新道路，造就枇杷汁饮料领导品牌
现今的中国饮品市场，新品类层出不穷十分常见，许多企业不得不依靠快速推陈出新来满足消费者的需求变化，对品牌打造投入甚少。不过，鲜绿园果蔬饮料有限公司董事局主席黄育鹏，似乎从一开始就为鲜绿园枇杷汁饮料选择“不走寻常路”。　　　　
在鲜绿园董事局主席黄育鹏的观念中，“创新”不是不停的变化，而是要用创新的理念深入地做一个产品、做好一个品牌。具体到鲜绿园枇杷汁，就是坚持品牌化发展。　　

Garden Fresh is the first to bring loquat juice to the market and it is continually enhancing the brand equity. Many firms have followed suit to produce loquat juice but few are paying attention to brand building.