08-01-2014, 03:01 PM
Fraser & Neave (F & N)
08-01-2014, 03:12 PM
(08-01-2014, 03:01 PM)toiletsiao Wrote:(08-01-2014, 02:54 PM)CityFarmer Wrote: It will be interesting to know Mr. Market valuation on FCL. Wish all fellow shareholders the best tomorrow... My prediction is between $1.6 - $2.0...
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
08-01-2014, 03:54 PM
(08-01-2014, 03:12 PM)CityFarmer Wrote:(08-01-2014, 03:01 PM)toiletsiao Wrote:(08-01-2014, 02:54 PM)CityFarmer Wrote: It will be interesting to know Mr. Market valuation on FCL. Wish all fellow shareholders the best tomorrow... nice ... lol ... look out for FCL related announcements this evening or tmr morning..... I kept the FCL introductory document as a memoir...
14-01-2014, 05:17 PM
For the few left vested...
Annual Report 2013 is out http://www.fraserandneave.com/library/AR...20AGM).pdf
14-01-2014, 05:53 PM
thanks for the info, quite a good read.
FNN really had an amazing record as shareholders made over 500% returns over the last decade.
05-02-2014, 10:15 AM
The EGM of the special resolution to return capital of $0.42 per share will be held on 28 Feb.
The money will be paid shortly after the approval. Ref: http://infopub.sgx.com/FileOpen/FNL-Noti...eID=273386
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
05-02-2014, 10:18 AM
(05-02-2014, 10:15 AM)CityFarmer Wrote: The EGM of the special resolution to return capital of $0.42 per share will be held on 28 Feb. nice...it's a change in venue from the previous EGM/AGM... this time Towkay hosting this EGM at his hotel... Hotel Intercontinential .. cool
05-02-2014, 10:20 AM
(05-02-2014, 10:18 AM)toiletsiao Wrote:(05-02-2014, 10:15 AM)CityFarmer Wrote: The EGM of the special resolution to return capital of $0.42 per share will be held on 28 Feb. May be with more time to arrange, thus able to provide a more cosy venue for the investors
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
11-02-2014, 11:19 PM
SINGAPORE – Food and beverage giant Fraser and Neave (F&N) on Tuesday reported first-quarter profit rose 3.2 per cent from the corresponding period a year earlier on increased sales and higher margins.
For the three months ended Dec 31, net profit amounted to S$36 million, up from S$34.9 million in the previous corresponding period as revenue increased 5 per cent to S$597 million. Among its key business divisions, “soft drink sales grew 3 per cent, led by growth in key brands like 100PLUS, F&N SEASONS and F&N NutriSoy, and retained leading positions in the ready-to-drink segments of Singapore and Malaysia,” the company said. “The group’s 55-per-cent held brewery in Myanmar also delivered strong results for the quarter, continuing the good momentum from fiscal 2013. Leveraging the strengths of its multi-brand portfolio and innovative marketing strategies, (the beer division) maintained its strong leading positions with volume growth of 43 per cent,” it added. F&N said it had completed its distribution of a dividend in specie of all the shares in property arm Frasers Centrepoint Ltd (FCL) to shareholders on January 8. “Returning to its roots from 130 years ago, F&N is now primarily a food and beverage company with a vision to become a leading consumer group in Southeast Asia,” it said. F&N was taken over last year by companies controlled by Thai billionaire Charoen Sirivadhanabhakdi in a deal worth S$14 billion. It retained its listing on the Singapore Exchange after restoring the free float of the company’s shares to about 12 per cent in December. In December, F&N also proposed a cash distribution of about S$607 million, or 42 cents per share, to shareholders via a capital reduction exercise that will allow it to achieve a more efficient capital structure, taking into account the nature of the remaining F&N businesses following the spin-off of FCL. The exercise will not result in a cancellation of shares or a change in the number of shares held by shareholders immediately after the capital reduction. “Upon the completion of this exercise, F&N will have distributed about S$12 billion to shareholders within a year, demonstrating the company’s prudent financial management as well as a testament of its unwavering commitment to maximise shareholder value,” it added.
12-02-2014, 02:06 AM
F&N is currently priced like it can grow at 15-20% per year. Am i missing out something whenever i read aBout the earnings of F&N?
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