Viz Branz

[CityFarmer]

It's been quite a while without updates on the possible sale or bonus issues n FY dividends..

Is it because of the "preliminary interest with a prospective buyer" that they cannot pay out the dividend? It has been almost 2 months since the announcement was made, wonder if it will even go through.

Normally, the chances of deal is diminishing with time passing-by.

Yep.. but seems like the stock hasnt fallen much since the initial announcement. Either the market continues to maintain hope, or its the fundamentals that is supporting the stock now.

IMO, the market price is supported both by hope and re-rating. Viz share price is valued previously at PE lower with its competitor e.g. Super group.

Closely monitoring, hopefully manage to pick-up bargain upon major correction

[vicom76]

What your take on the est FY dividend (to be announced)?

[vicom76]

Another announcement today that talks are still ongoing.

[l0nEr]

It seems like the company's practice to make a similar update at every start of the month. Very curious who the interested party is, and I suspect only the son is selling (the father sounds adamant in keeping his company).

I'm more interested in what DBS said yesterday about Super Group, wonder how the raw materials will affect Viz Branz...
DBS 1st October 2012
Sugar and palm oil prices have recently corrected as a result of higher stockpiles, inventory and supplies. As a result, we expect earnings and margin improvement for FY13F/FY14F.

Attractive valuations at 0.8x PEG post earnings revision, BUY with TP of S
$2.56. We find Super’s valuation attractive at 14x PE and a PEG of 0.8x post earnings revision. Given that its net margins and growth outlook is more positive than its peers, we ascribe a 17x forward PE with a TP of S$2.56 to the stock to reflect its more positive growth outlook.

Anyway, i realised i dont even know where to find Viz Branz's annual report? Anybody has a link?

[CityFarmer]

It seems like the company's practice to make a similar update at every start of the month. Very curious who the interested party is, and I suspect only the son is selling (the father sounds adamant in keeping his company).

I'm more interested in what DBS said yesterday about Super Group, wonder how the raw materials will affect Viz Branz...
DBS 1st October 2012
Sugar and palm oil prices have recently corrected as a result of higher stockpiles, inventory and supplies. As a result, we expect earnings and margin improvement for FY13F/FY14F.

Attractive valuations at 0.8x PEG post earnings revision, BUY with TP of S
$2.56. We find Super’s valuation attractive at 14x PE and a PEG of 0.8x post earnings revision. Given that its net margins and growth outlook is more positive than its peers, we ascribe a 17x forward PE with a TP of S$2.56 to the stock to reflect its more positive growth outlook.

Anyway, i realised i dont even know where to find Viz Branz's annual report? Anybody has a link?

To download from SGX web site

http://www.sgx.com/wps/portal/sgxweb/hom...BIS9nQSEh/

[vicom76]

At $2.44 super is trading at 19 PE. Viz is at 14 PE currently.

Viz has a debt of est 30m n cash on hand including fixed deposit is est 64m.

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At $2.44 super is trading at 19 PE. Viz is at 14 PE currently.

Viz has a debt of est 30m n cash on hand including fixed deposit is est 64m.

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At $2.44 super is trading at 19 PE. Viz is at 14 PE currently.

Viz has a debt of est 30m n cash on hand including fixed deposit is est 64m.

[freedom]

around 20% of share in married deal, not even a halt?

[vicom76]

Any news of married deal?

I can't see in sgx website.

[l0nEr]

around 20% of share in married deal, not even a halt?

Huh? Was there even an announcement?

[CityFarmer]

around 20% of share in married deal, not even a halt?

Yes, very un-usual, probably will have announcement later.

20% transacted should be either sold from either CKP (38% stake) or CBB (35% stake), no other substantial shareholder will have 20% stake.

Base on the info available, the transacted price is $0.735