Viz Branz

[dydx]

On 4Apr12 (last Wed), CBB added another 121 lots at an average price of $0.5148/share.....
http://info.sgx.com/webcorannc.nsf/Annou...endocument
With this latest purchase, CBB now owns a 50.876% interest in Viz Branz in his own name.

[ValueBeliever]

On 4Apr12 (last Wed), CBB added another 121 lots at an average price of $0.5148/share.....
http://info.sgx.com/webcorannc.nsf/Annou...endocument
With this latest purchase, CBB now owns a 50.876% interest in Viz Branz in his own name.

How big a presence does Viz have in Myanmar that they need to pay thru Ben? I think analyst are more interested in Super because its prime for sale to interested parties. Viz should benefit from revaluation if Super is sold?

At this high price, Super valuation is still sustaining and DMG gave a target price of 2.08. Viz is cheaper way to play.

[wsreader]

The big bids above 50 cents are conspicuously missing this morning. Is it a pause or end of buying?

[ValueBeliever]

volume coming out again. I suspect must be due to result coming out from Super Gp. May be the valuation of Viz is too low? On a revenue and profit margin valuaton basis of comparison, viz should trade to as high as 80 plus cents or even 90.

No kidding!

[dydx]

Just based on Viz Branz's established and low-risk business and its expected further steady business growth, and the solid and regular dividend payments, there already exists enough good reasons for Mr Market to want to re-price this counter upwards over time towards its justified fair value. The recent fall in the prices of its key raw material inputs, and the potential sale and privatization of the company arising from the continued dispute between the father-and-son team of CKP and CBB, have added further flavours and excitement to this counter.

[wsreader]

A comment on the recent fall in the prices of key raw materials inputs:

Nasdaq listed specialty coffee roaster and retailer Peet's Coffee & Tea announced on May 1 its drop in profit (note the reason given):
http://articles.marketwatch.com/2012-05-...tea-profit

The following day, Green Mountain cuts its 2012 outlook:
http://www.marketwatch.com/story/green-m...2012-05-02

I just want to caution against high expection of good results due to raw materials price fall.

[corydorus]

Interesting. I checked the coffee prices and they are one direction down throughout the past year. Perhaps certain type of coffee bean they use.

[dydx]

Viz Branz has just released a set of steady but lacklustre 3Q results.....
http://info.sgx.com/webcoranncatth.nsf/V...70028E076/$file/VB_3QResults.pdf?openelement

It seems the management did not push hard for sales/revenue growth in 3Q but rather were more focussed on raising profit margins. The recent fallen prices of coffee and sugar should start having a more significant positive impact on Viz Branz's profit margins in the next few quarters.

I now look forward to the FY12 (ending 30Jun12) full-year results in Aug and the usual Final dividend (last FY11: $0.005/share) - the 4th dividend payment in this FY!

[ValueBeliever]

[attachment=249][attachment=249]

Interesting. I checked the coffee prices and they are one direction down throughout the past year. Perhaps certain type of coffee bean they use.

Yes its confirmed raw material price had a positive boost to the bottomline but more interesting to read in between the lines, what is this 27% increase in bottomline due to OTHERS? The revenue here is increase much faster!! So this is a counter not without growth.

SO WHO IS CHEAPER ?

[freedom]

Super Group has low tax expense, otherwise, the net profit margin of both companies would be similar. last time I checked.