Sino Grandness

[Wildreamz]

Garden Fresh has been promoting its 鲜绿园 loquat juice as a throat soothing agent during haze.
Minzhong is doing the same for its 真田 loquat juice:

http://ai.taobao.com/auction/edetail.htm...fba807ca51


Minzhong is saying that its loquat juice helps those affected by PM2.5 haze.

(vested)

Interestingly, the top selling Loquat juice on Tao Bao is not Garden Fresh nor Zhen Tian (Minzhong's Brand) but an unknown brand from Si Chuan.

That said, I don't think their main sales profit comes from online.

Also, the branded food product (including loquat products) is one of the only sector that saw growth in Min Zhong's portfolio (for the entirety of past year), IRRC, which supports Sino Grandness growth story as well.

Edit:
http://www.nextinsight.net/index.php/sto...-grandness-

(vested, high-risk, caveat emptor)

[Adagio]

MUST WATCH THIS!

Very touching movie produced by Garden Fresh. Copy the link below and paste in your internet browser.

https://m.youtube.com/watch?v=KBa3SCosYTY

The story line is about a girl who learns to sing for the sake of her mother who is mute.

Scenes of loquat fruits and Garden Fresh loquat juice appear unobstrusively, and the movie does not come across as an advertisement.

Great effort by Garden Fresh.

Would they have produced this touching movie if Garden Fresh juice is a lousy brand as what Newman9 wants us to believe?

[Ray168]

Is There A Nice Rebound In Sight For Sino Grandness?
07 NOVEMBER 2014

By: Robin Han
SINO - Rebound?

After a severe sell down from mid September to Mid October, the Straits Times Index (STI) stabilized recently. It managed to rebound from 3,150 to almost 3,300, and has already gone up by 150 points. What stock should we look out for trading purposes then?

Since the STI is on its way to stage a rebound, it could be a good strategy to find some oversold stocks that may rebound as they may have more synergy with the current tune sung on the STI.

An ideal candidate at this moment will be: severely oversold stocks that show some signal of rebound but have not moved up a lot yet. Sino Grandness is a stock that meets these criteria.

It dropped significantly from $0.685 to $0.375, a 45 percent sell down. The possible major reason for this sell down can be found from an announcement on the Singapore Exchange: a report dated on 4 September by an unnamed author claimed to have shorted positions in the company and expects the price to decrease.

However, the company already announced that the declaration of the “Report” was false and the company is “in a sound financial situation”. The recent financial report showed that revenue increased 37 percent and profit increased by around 50 percent, which tallies with the company’s announcement.

From a technical perspective, it can be seen from the weekly chart that there is a nice support level around $0.40 and the trading volume peaked up a lot when the price tested this support.

It may indicate that buyers are coming in at this support level. Another reason that made this support level even stronger is that the company declared that if the price goes below $0.40, the ongoing private placement issue will be cancelled.

This shows the confidence of the company and also indicates that the company is likely to do whatever it takes to support the price above $0.40. After a 3-4 days’ consolidation which saw price trading within a narrow range of $0.43-$0.46, the breakout of this zone is likely to be a confirmation of strength and result in further rebound thereafter. One may consider use the breakout of this zone as the entry signal to buy

This purpose of this setup is for short term trading, rather than investment. So a stop loss plan must be planned and followed closely. If the price breaks below the lower price of the consolidation zone, it may be advisable to execute stop loss.

One may also need to take note of the next earnings release, which will be released on 14 November, it is advisable to get out of the trade before the earnings release to avoid the potential uncertainty brought by the report announcement.

[CY09]

Good post of technical analysis from SFIG by a writer who holds a PHD in molecular engineering.

For us here, it is more important to ascertain has Garden Fresh been faking its sales. Perhaps Greenrookie will be capable of digging out the truth of Garden Fresh tax returns I am vested on this as I believe its subsidiary holds tremendous value and is not faking sales aggressively

<vested>

[Wildreamz]

http://infopub.sgx.com/FileOpen/Sino%20G...eID=324722

http://infopub.sgx.com/FileOpen/Sino%20G...eID=324723

SINO GRANDNESS 3Q14 NET PROFIT UP 30.0% TO RECORD HIGH OF
RMB218.5 MILLION ON HIGHERS ORDERS ACROSS THE BOARD

[Arowana]

Please read the forum in sharejunction, very professional one . They are doing forensic on the latest Sinograndness report. Some forum-ers analyze the stated profits, AR and FCF and link them to a possibility of overstating sales .

[Adagio]

Please read the forum in sharejunction, very professional one . They are doing forensic on the latest Sinograndness report. Some forum-ers analyze the stated profits, AR and FCF and link them to a possibility of overstating sales .

Hi Arowana,

As suggested by you, I read posts on Sharejunction:

http://www.sharejunction.com/sharejuncti...dName=Sino Grandness&topicTitle=SinoGrandness

If yes, i just used the formula found at huiyuan annual report to gasa, seems like sinograndness is about 147 days, Minzhong is 60 days, huiyuan 91 days and unipresident is only about 8 days,

Net credit sales / Average acc receivables = X

365/ X =no of days.

The conclusion that turnover of trade receivables is 147 days for Sino Grandness is wrong. In using the formula no of days = 365/x, the former overlooked the fact that 365 is the number of days in a year. For 9-month sales, the formula should be no of days = 273/x, because there are 273 days in the first 9 months.

[kye_lin]

Please read the forum in sharejunction, very professional one . They are doing forensic on the latest Sinograndness report. Some forum-ers analyze the stated profits, AR and FCF and link them to a possibility of overstating sales .

Beware what you read at sharejunction... loads of self-serving individuals... eg. paint a negative picture of a stock and short it like crazy..... or vice versa....

[leeeta]

An interesting read here..
http://www.fool.sg/2014/10/24/is-there-a...s-company/

Comments appreciated.

[Goldmine7777]

I notice there r many fans of SinoG in this thread, so my expression may not find favour here.
If you travel frequently to China (whether on business or holiday), do observe what the locals drink. During summer, local beer is no.1. It cost less than carbonated drinks and much less than juice products the like of SinoG.
During winter it is chinese yellow wine & white wine. It is difficult to support any claim that Loquat Juice is popular with the locals due to high selling price, albeit it medicinal attributes. How about Foreigners taking to Loquat Juice - to me it is difficult to believe too.
To fans of SinoG, please do not feel offended. It is just a personal observation. I honestly believe the disproportionate high sales of SinoG vs bigger competitors is questionable.
I am not vested.