QAF    Last:0.985    -0.01

QAF

Largely true.

tonylim      ( Date: 22-Jan-2019 12:11) Posted: HuatHuatHuat88888 What is SSH ?  Starship      ( Date: 22-Jan-2019 11:47) Posted: I feel that those SGX stocks that are majority-controlled by Indon billionaire families are very stingy to minority shareholders.  And they also keep tightening their grip on their companies thru all sorts of corporate actions at the expense of minority shareholders ---- basically they reap gold nuggets and throw a few peanuts to minority shareholders.

 

Anthony Salim still the best chinese indon.

huathuat88888      ( Date: 22-Jan-2019 10:49) Posted: For me , Anthony Salim integrity is highly respectable. I can understand why the late Liem chose Anthony as his successor. He could see what he saw.

 

Asian funds buying : )

 

HuatHuatHuat88888
What is SSH ? 

Starship      ( Date: 22-Jan-2019 11:47) Posted: I feel that those SGX stocks that are majority-controlled by Indon billionaire families are very stingy to minority shareholders.  And they also keep tightening their grip on their companies thru all sorts of corporate actions at the expense of minority shareholders ---- basically they reap gold nuggets and throw a few peanuts to minority shareholders.   huathuat88888      ( Date: 22-Jan-2019 10:43) Posted: The SSH keep getting scrips instead of cash dividends. By doing so, they dilute the NAV but increasing their shareholdings and then divdends again they get more and more. It is like compounded interest for them . LOL i know what they are trying to do. I should have sold when Anthony Salim sold his stakes long time ago.

 

I feel that those SGX stocks that are majority-controlled by Indon billionaire families are very stingy to minority shareholders. 
And they also keep tightening their grip on their companies thru all sorts of corporate actions at the expense of minority shareholders ---- basically they reap gold nuggets and throw a few peanuts to minority shareholders.
 

huathuat88888      ( Date: 22-Jan-2019 10:43) Posted: The SSH keep getting scrips instead of cash dividends. By doing so, they dilute the NAV but increasing their shareholdings and then divdends again they get more and more. It is like compounded interest for them . LOL i know what they are trying to do. I should have sold when Anthony Salim sold his stakes long time ago. huathuat88888      ( Date: 22-Jan-2019 10:36) Posted: As usual, they will give 4 cts dividends for the coming results. I sold half of my holdings. SSH will use dividends to increase their shareholdings. I have switched to ThaiBev. Feel more confident with ThaiBev. Bought at 59 cts

 

Guess C. SSH pressed down the price. Agenda 1

But Filipino SSH buy up the price : ) Agenda 2

 

For this QAF , i noticed you have to use Reverse Psychology : )

Provoke = Reaction

Reaction = Buy Up : )

 

In a way , yes.

But F & B stocks now constitute a small portion of my portfolio of stocks.

I switched to ThaiBev as they have property assets.

Remember this : DONT BUY INTO F & B STOCKS SUCH AS KIMLY AND NO SIGN BOARD. A LOT OF RED FLAGS.

tonylim      ( Date: 22-Jan-2019 10:41) Posted: Both QAF and THAIBEV are good stocks especially in a eclining economy. They give decently good dividends too huathuat88888      ( Date: 22-Jan-2019 10:36) Posted: As usual, they will give 4 cts dividends for the coming results. I sold half of my holdings. SSH will use dividends to increase their shareholdings. I have switched to ThaiBev. Feel more confident with ThaiBev. Bought at 59 cts

 

For me , Anthony Salim integrity is highly respectable.

I can understand why the late Liem chose Anthony as his successor.

He could see what he saw.

 

The SSH keep getting scrips instead of cash dividends.

By doing so, they dilute the NAV but increasing their shareholdings and then divdends again they get more and more. It is like compounded interest for them . LOL

i know what they are trying to do.

I should have sold when Anthony Salim sold his stakes long time ago.

huathuat88888      ( Date: 22-Jan-2019 10:36) Posted: As usual, they will give 4 cts dividends for the coming results. I sold half of my holdings. SSH will use dividends to increase their shareholdings. I have switched to ThaiBev. Feel more confident with ThaiBev. Bought at 59 cts. tonylim      ( Date: 22-Jan-2019 10:11) Posted: Moving fast in the upward direction.  Means the concern for  QAF Rivalea  is over

 

Both QAF and THAIBEV are good stocks especially in a eclining economy. They give decently good dividends too

huathuat88888      ( Date: 22-Jan-2019 10:36) Posted: As usual, they will give 4 cts dividends for the coming results. I sold half of my holdings. SSH will use dividends to increase their shareholdings. I have switched to ThaiBev. Feel more confident with ThaiBev. Bought at 59 cts. tonylim      ( Date: 22-Jan-2019 10:11) Posted: Moving fast in the upward direction.  Means the concern for  QAF Rivalea  is over

 

As usual, they will give 4 cts dividends for the coming results.

I sold half of my holdings.

SSH will use dividends to increase their shareholdings.


I have switched to ThaiBev. Feel more confident with ThaiBev. Bought at 59 cts.

tonylim      ( Date: 22-Jan-2019 10:11) Posted: Moving fast in the upward direction.  Means the concern for  QAF Rivalea  is over. huathuat88888      ( Date: 14-Jan-2019 11:03) Posted: If QAF Rivalea makes a HUGE LOSS , will be very very scary to QAF.

 

Moving fast in the upward direction.  Means the concern for  QAF Rivalea  is over.

huathuat88888      ( Date: 14-Jan-2019 11:03) Posted: If QAF Rivalea makes a HUGE LOSS , will be very very scary to QAF. huathuat88888      ( Date: 14-Jan-2019 11:00) Posted: Australia Pork Producers Crisis Big piggery GD Pork fails as low prices bite It is understood the company?s collapse was a result of critically low prices across the pork industry. Tough times in the Australian pork industry have claimed WA?s third-biggest piggery GD Pork, which went into administration. The Danish-owned GD Pork was WA?s third biggest producer ? supplying 5pc of the market until it was placed into voluntary administration in November last year. GD Pork started its operation in 2007 and invested millions of dollars into its facilities but was hit by the dramatic fall in pork prices nationally in the past few years and the high grain prices and oversupply of pork in the local market.

 

If QAF Rivalea makes a HUGE LOSS , will be very very scary to QAF.

huathuat88888      ( Date: 14-Jan-2019 11:00) Posted: Australia Pork Producers Crisis Big piggery GD Pork fails as low prices bite It is understood the company?s collapse was a result of critically low prices across the pork industry. Tough times in the Australian pork industry have claimed WA?s third-biggest piggery GD Pork, which went into administration. The Danish-owned GD Pork was WA?s third biggest producer ? supplying 5pc of the market until it was placed into voluntary administration in November last year. GD Pork started its operation in 2007 and invested millions of dollars into its facilities but was hit by the dramatic fall in pork prices nationally in the past few years and the high grain prices and oversupply of pork in the local market.

 

Australia Pork Producers Crisis

Big piggery GD Pork fails as low prices bite

It is understood the company?s collapse was a result of critically low prices across the pork industry.

Tough times in the Australian pork industry have claimed WA?s third-biggest piggery GD Pork, which went into administration.

The Danish-owned GD Pork was WA?s third biggest producer ? supplying 5pc of the market until it was placed into voluntary administration in November last year.

GD Pork started its operation in 2007 and invested millions of dollars into its facilities but was hit by the dramatic fall in pork prices nationally in the past few years and the high grain prices and oversupply of pork in the local market.

 

Very good dividend yield (8%) and defensive stock.

SmallSmall      ( Date: 14-Jan-2019 08:52) Posted: It is not uncommon for companies to withdraw from IPO based on market conditions. I would think the issues of pork prices in Australia is not a management issue rather than the demand and supply situations there that affects all pork producers and suppliers. It is a cycle thing which even affects their own local producers/suppliers. Based on economical theories, the supply and demand situations will normalise over time. As a matter of fact the demand for pork has increased in Australia. It' s just that the supply side has increased even more.  Who knows, maybe the year of the pig will see a big increase in the consumption of pork? (pun intended) :) As for their bakery business, it is incorrect to term it a sunset industry. It is a matured industry with stable demand just like the rice industry. Most people who eat Gardenia or Sunshine bread will continue to eat it as a staple food even as more exotic bakeries emerge. To me, the counter has corrected enough to be on the rader for technical rebounds just like many of the other bombed out counters. Then again, who know, if you believe in the theory of perfect information, the fundamentalist may already have started buyings based on the priced inmputed on the technicals. DYYDD    huathuat88888      ( Date: 12-Jan-2019 16:19) Posted: I had a rude awakening of QAF. Why ? 1. QAF informs SGX of Rivalea IPO. 2. They engaged Aussie Financial Advisers to prepare for the IPO. 3. They suddenly wthdraw IPO when they realized Rivalea financials not as good as rge prev year. 4. It just shows the HQ management do not have close touch with their overseas counterparts. They seem not very aware or familar with what their overseas biz are doing. They seem to just rely on their overseas managements to run the biz. Are there regular checks and scrutiny ? If there are, how can u not know the latest financials of Rivalea when you spend millions in aud to engage aussie financial advisers to prepare for the IPO ? If so , is that how they run their China JV ? Which later failed and written off . Now they bet on Phils. There is much to worry honestly. Can they manage their Phils management and staff well ? And packaged Bread is a sunset industry. New innovative bakeries and breads are sprouting up. In their last Qtr, phils biz contribute on rev but not on profits. This is a cause for concern.

 

It is not uncommon for companies to withdraw from IPO based on market conditions. I would think the issues of pork prices in Australia is not a management issue rather than the demand and supply situations there that affects all pork producers and suppliers. It is a cycle thing which even affects their own local producers/suppliers. Based on economical theories, the supply and demand situations will normalise over time. As a matter of fact the demand for pork has increased in Australia. It' s just that the supply side has increased even more. 
Who knows, maybe the year of the pig will see a big increase in the consumption of pork? (pun intended) :)

As for their bakery business, it is incorrect to term it a sunset industry. It is a matured industry with stable demand just like the rice industry. Most people who eat Gardenia or Sunshine bread will continue to eat it as a staple food even as more exotic bakeries emerge.

To me, the counter has corrected enough to be on the rader for technical rebounds just like many of the other bombed out counters.
Then again, who know, if you believe in the theory of perfect information, the fundamentalist may already have started buyings based on the priced inmputed on the technicals.

DYYDD 

 

huathuat88888      ( Date: 12-Jan-2019 16:19) Posted: I had a rude awakening of QAF. Why ? 1. QAF informs SGX of Rivalea IPO. 2. They engaged Aussie Financial Advisers to prepare for the IPO. 3. They suddenly wthdraw IPO when they realized Rivalea financials not as good as rge prev year. 4. It just shows the HQ management do not have close touch with their overseas counterparts. They seem not very aware or familar with what their overseas biz are doing. They seem to just rely on their overseas managements to run the biz. Are there regular checks and scrutiny ? If there are, how can u not know the latest financials of Rivalea when you spend millions in aud to engage aussie financial advisers to prepare for the IPO ? If so , is that how they run their China JV ? Which later failed and written off . Now they bet on Phils. There is much to worry honestly. Can they manage their Phils management and staff well ? And packaged Bread is a sunset industry. New innovative bakeries and breads are sprouting up. In their last Qtr, phils biz contribute on rev but not on profits. This is a cause for concern.

 

I had a rude awakening of QAF. Why ?

1. QAF informs SGX of Rivalea IPO.
2. They engaged Aussie Financial Advisers to prepare for the IPO.
3. They suddenly wthdraw IPO when they realized Rivalea financials not as good as rge prev year.

4. It just shows the HQ management do not have close touch with their overseas counterparts.

They seem not very aware or familar with what their overseas biz are doing.

They seem to just rely on their overseas managements to run the biz. Are there regular checks and scrutiny ? If there are, how can u not know the latest financials of Rivalea when you spend millions in aud to engage aussie financial advisers to prepare for the IPO ?

If so , is that how they run their China JV ? Which later failed and written off .

Now they bet on Phils. There is much to worry honestly.

Can they manage their Phils management and staff well ?

And packaged Bread is a sunset industry. New innovative bakeries and breads are sprouting up.

In their last Qtr, phils biz contribute on rev but not on profits. This is a cause for concern.

 

When QAF failed in their China JV, i know they are not very good in tapping on their connections network made by the late patriach.

Even China such an easy market with Liem name and connections they also can fail, it speaks a lot.

QAF will be "slaughtered" by the Filipinos , politicians , local competitors , and maybe even by their own staff , a very high possibility if you know Filipinos well.

And the local Aussie animal rights activists have been targeting QAF Rivalea for years , dont know why. Could be politics or local competitors tactics against "foreign owned companies".

 

Precisely. That is where opportunity lies. The bulk of which may already have been priced in :)
 

huathuat88888      ( Date: 12-Jan-2019 15:38) Posted: QAF Rivalea facing pork over supply and low pork prices crisis in Australia. Next Qtr results could be worse than last Qtr. And their Philippines bakery biz needs more capital for expansion. QAF cash may gradually dry up. Philippines is not an easy market. Though QAF have Philippines connection, but in Philppines sometimes even the connected cant do much. Ask Toyota. Bridgestone. Easy to do biz in Phils or not. Even when Japan Govt try intervene Phils "law makers" dont really give a xxxx.