Yoma Strategic    Last:0.079    +0.001

YOMA

Yum! Brands & Yoma Strategic to Bring First KFC to Myanmar.
Singapore, 13 October 2014 ? Yum! Brands, Inc. (NYSE: YUM), together with Yoma Strategic Holdings Ltd. (?Yoma Strategic?) today announced its intentions to bring the first KFC restaurant to Myanmar in 2015 with Yoma Strategic as its franchise partner.
KFC is one of the world's largest restaurant chains, with $23 billion in global sales and more than 18,000 restaurants in 118 countries worldwide. KFC is among the first handful of quick service restaurants that have plans to enter the Myanmar market.
?The announcement of the first KFC coming to Myanmar reflects our ongoing strategy of global expansion in emerging markets,? said Micky Pant, CEO, KFC. ?We?re excited to work with such a well-respected franchisee to bring the great taste of KFC to Myanmar, an important emerging Asian economy with a population of 50 million people.?
?Chicken is a staple protein in Myanmar and our people recognise the KFC brand and Colonel Sanders? secret Original Recipe of 11 herbs and spices. KFC is a strong global brand that is now in nearly every corner of the world and we are proud to be KFC?s franchise partner to help fulfill its growth ambitions in Myanmar. Bringing KFC to Myanmar is an important step to achieving Yoma Strategic?s goal in being a key player in the country?s food and beverage sector,? said Mr. Serge Pun, Executive Chairman of Yoma Strategic.
Myanmar is one of the potentially sizable consumer markets to emerge among developing economies. With 50 million people and a growing middle class with disposable income, the country offers significant consumer opportunity for Yoma Strategic to grow KFC over the long term.
?Myanmar offers significant macro potential for an international quick service franchise with a growing consumer class that is forecast to grow from 2.5 million today to 19 million in 2030,potentially tripling consumer spending by more than threefold1. In a regional context, Myanmar should experience a strong growth trajectory,? said Mr. Pun. ?The consumer and retail sector is key to Yoma Strategic?s strategy to capture the rapid increase in discretionary consumer spending in the country and KFC is the cornerstone of our business platform in this space.?
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About Yum! Brands, Inc. (www.yum.com)
Yum! Brands, Inc., based in Louisville, Kentucky, has over 40,000 restaurants in more than 125 countries and territories. Yum! is ranked #216 on the Fortune 500 List with revenues of over $13 billion and in 2014 was named among the top 100 Corporate Citizens by Corporate Responsibility Magazine. The Company's restaurant brands - KFC, Pizza Hut and Taco Bell - are the global leaders of the chicken, pizza and Mexican-style food categories. Outside the United States, the Yum! Brands system opened over five new restaurants per day, making it a leader in international retail development.
About Yoma Strategic Holdings Ltd. (www.yomastrategic.com)
Listed on the Main Board of the Singapore Securities Exchange Trading Limited (SGX-ST), Yoma Strategic Holdings Ltd. is a leading business corporation with real estate, agriculture, automotive and luxury tourism businesses in Myanmar. Together with its partner, the SPA Group, the Group is taking a conglomerate approach to build a diversified portfolio of businesses in Myanmar. Yoma Strategic made its first foray into Myanmar's fast-moving consumer goods sector when it acquired a stake in Asia Beverages Co., Ltd. In 2013, Yoma Strategic also opened the first international department store, Parkson in Myanmar at FMI Center.

 

Landmark development investment by IFC pending signing.Access the link below:

http://ifcext.ifc.org/IFCExt/spiwebsite1.nsf/0/8F7ED88229F7764185257C93007204E7

https://ifcndd.ifc.org/ifcext/spiwebsite1.nsf/DocsByUNIDForPrint/8F7ED88229F7764185257C93007204E7?opendocument

 

Why Yoma dropped so much today?

 

what is the good entry point...? Think will drop to 50c

 

Ex rights, price may go freefall like OCBC.        Better to sell when the share price is pushed up  and pick up after rights issue at the bottom.

 

Still promoting this 50x PE stock .. now ask you for $$$ on their rights issue

Moving ahead as planned (DBS)

&bull Proposed 1-for-3 rights issue at S$0.38 per rights

share to raise S$163.9m in net proceeds

&bull S$96m for acquisition of land development rights in

Pun Hlaing, S$54m for Landmark and S$15m to

acquire tractors/farm equipment business

&bull Redevelopment work on Landmark hotel site has

begun confident of master lease extension

&bull Maintain BUY, theoretical ex-rights fair value of

S$0.76.

S$164m rights issue. Yoma has finalised its 1-for-3 rights

issue to raise c.S$164m to kick-start the Landmark

development and to acquire more land in Pun Hlaing. This

issue of 432.5m rights shares (@ S$0.38/shr) will enlarge its

share base by 33.5%. Yoma&rsquo s chairman Serge Pun

undertakes to subscribe all excess entitlements on top of his

own. Previous indication is for the exercise to be completed

by end-Sept, subject to SGX and shareholders&rsquo approval.

Funds to proceed with Landmark and landbank for Pun

Hlaing. The entire rights proceeds will be utilised for 1) 1st

land payment for Landmark (S$54m) 2) 70% interest in

development rights to 10.8m sqft of land in Pun Hlaing

(S$95.9m) and 3) acquisition of an authorised dealer of New

Holland tractor and farm equipment for S$14.8m. The

S$0.8m shortfall will be funded internally.

Overall, positive for the future next catalyst would be

further development of Landmark. We are positive that

funding is available now to kick-start the long-awaited

Landmark project. We look forward to milestones such as a

successful extension of master lease, partnerships with more

branded hoteliers or retailers, and possibly sales of

apartments. Near term, we expect this rights issue to sustain

interest in the stock. We have tweaked our fair value to

S$0.88 from S$0.90 to account for a 135m

 

this is a good thing.   if everyday flat, then you worry

pcxiao2008      ( Date: 02-Sep-2014 10:58) Posted: one day up one down.. faint

 

Yoma Strategic finalises major asset purchases Landmark development progresses
 Proposed increase in land bank at the Group?s flagship Pun Hlaing Golf Estate1 (?PHGE?) and purchase of operating rights in the Golf and Country Club at PHGE
 Automotive division to be expanded with the proposed acquisition of the established New Holland tractors and farm equipment business
 Commencement of the redevelopment of former Burma Railway Headquarters into Yangon?s leading luxury hotel
 Acquisitions to be funded via a proposed 1 for 3 Rights Issue at S$0.38 per share
For more details information go to SGX's company disclosure website.

Atom99      ( Date: 26-Aug-2014 07:29) Posted: UPDATES ON THE RECEIPT OF NOTICE TO ACQUIRE LAND DEVELOPMENT RIGHTS PURSUANT TO THE FIRST RIGHT OF REFUSAL DEED Reference is made to the announcement made by Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) on 24 June 2014 (the ?FRRD Announcement?). Unless otherwise defined, all terms used herein shall be as defined in the FRRD Announcement. The Company had on 24 June 2014 announced that it had received written notice from Serge Pun & Associates (Myanmar) Limited (?SPA?) (the ?Notice?) offering the Group the right to acquire the economic benefit of 70% of land in Pun Hlaing Golf Estate (PHGE) amounting to an aggregate area of approximately 250 acres (approximately 10.9 million square feet) of which approximately 9.7 million square feet comprises the golf course and approximately 1.2 million square feet comprises land development rights (collectively, the ?PHGE Golf and Land?) alongside some related businesses and facilities. The Company has indicated to SPA its affirmative interest and parties are negotiating the terms of the acquisition. The Company will make an announcement on the proposed acquisition when the definitive agreements have been finalised. BY ORDER OF THE BOARD Andrew Rickards Chief Executive Officer 24 August 2014

 

one day up one down.. faint

 

There is a reported marriage deal of 3000 lot after closing yesterday at $0.712.

tormater      ( Date: 01-Sep-2014 20:24) Posted: Finally inching up. Vol of 7 millions is way higher than average volume. Something is coming.

 

Finally inching up. Vol of 7 millions is way higher than average volume. Something is coming.

 

Date & Time of Broadcast      28-Aug-2014 19:38:48

 

Announcement Sub Title      ACQUISITION OF LAND FOR DEVELOPMENT INTO AN INTERNATIONAL SCHOOL AND ACQUISITION OF SHARES

 

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementToday& F=P0E6WYBA8A9EOTSS& H=fd15bf8874f307bc816c10246cf7fcb55b9f41619cde3bc0fa157c97d62cf67d& fileId=IPTDulwichandYSHFinance.pdf

 

UPDATES ON THE RECEIPT OF NOTICE TO ACQUIRE LAND DEVELOPMENT RIGHTS PURSUANT TO THE FIRST RIGHT OF REFUSAL DEED

Reference is made to the announcement made by Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) on 24 June 2014 (the ?FRRD Announcement?).
Unless otherwise defined, all terms used herein shall be as defined in the FRRD Announcement.
The Company had on 24 June 2014 announced that it had received written notice from Serge Pun & Associates (Myanmar) Limited (?SPA?) (the ?Notice?) offering the Group the right to acquire the economic benefit of 70% of land in Pun Hlaing Golf Estate (PHGE) amounting to an aggregate area of approximately 250 acres (approximately 10.9 million square feet) of which approximately 9.7 million square feet comprises the golf course and approximately 1.2 million square feet comprises land development rights (collectively, the ?PHGE Golf and Land?) alongside some related businesses and facilities.

The Company has indicated to SPA its affirmative interest and parties are negotiating the terms of the acquisition. The Company will make an announcement on the proposed acquisition when the definitive agreements have been finalised.

BY ORDER OF THE BOARD
Andrew Rickards Chief Executive Officer 24 August 2014

 

Yes, but may be stuck at 70-71.

silentwalker      ( Date: 13-Aug-2014 21:08) Posted: Yoma up 3.5 cents today, back to $0.70. Has it hit the bottom and reversing up ?

 

Lai Liao !!

 

Yoma up 3.5 cents today, back to $0.70.

Has it hit the bottom and reversing up ?

 

Like Keppel group or Sembawang Corp previously...Once stronger they will spin off listed each portfolio individually

Land

Hotel,

Telecom

Oil and Gas...etc

 

It' s a good co. think they will make a lot of money.

 

 

Long term play for Yoma...

 

Yoma expensive valuation now does not entice me one bit, hence u can see it has fallen below 70c..

However, in the future, it will be a conglomerate like Jardine Mattheson.

  Last:0.68     Vol:7621k     +0.005

Yoma Strategic Holdings: Establishing a JV for cold chain business
Yoma reported yesterday that it has entered into a definitive joint venture agreement with Kokubu & Co., Ltd. and First Myanmar Investment Co., Ltd. to establish and operate a JV in Myanmar that will distribute agriculture and marine products using high specification vehicles with refrigeration capabilities. Yoma will take a 30% stake in the JV and the initial investment will comprise up to US$8.5m to be contributed in 2 phases upon the satisfaction of certain conditions precedent, including the issue of a lease agreement for a land site to build a distribution center in Yangon and the procuring of relevant licenses and permits. In the event that both parties agree to construct a new distribution center in Mandalay, the JV parties agree to contribute an additional US$3.5m into the venture. Maintain BUY on Yoma with an unchanged fair value estimate of S$0.82.

ozone2002      ( Date: 25-Jun-2014 09:42) Posted: 50x PE for 2014 & 2015, not a value buy to me, more like a punter' s stock BUY S$0.76 STI : 3,257.40 (DBS) Price Target : 12-Month S$ 0.90 Analyst TAN Ai Teng +65 6682 3719 [email protected] Price Relative 76 276 476 676 876 1076 1276 1476 1676 0.0 0.2 0.4 0.6 0.8 1.0 Jun-10 Jun-11 Jun-12 Jun-13 Jun-14 S$ Relative Index Yoma Strategic Holdings (LHS) Relative STI INDEX (RHS) Forecasts and Valuation FY Mar (S$ m) 2013A 2014A 2015F 2016F Revenue 60 100 101 139 EBITDA 13 23 30 58 Pre-tax Profit 16 26 28 56 Net Profit 14 16 17 38 Net Pft (Pre Ex.) 11 11 17 38 EPS (S cts) 1.3 1.4 1.5 3.3 EPS Pre Ex. (S cts) 0.9 1.0 1.5 3.3 EPS Gth (%) 10 12 4 123 EPS Gth Pre Ex (%) (17) 2 52 123 Diluted EPS (S cts) 1.3 1.4 1.5 3.3 Net DPS (S cts) 0.5 0.0 0.0 0.0 BV Per Share (S cts) 31.3 32.1 33.6 36.8 PE (X) 60.1 53.6 51.8 23.2 PE Pre Ex. (X) 80.2 78.5 51.8 23.2 P/Cash Flow (X) nm nm 14.4 16.9 EV/EBITDA (X) 62.5 40.7 30.6 15.9 Net Div Yield (%) 0.7 0.0 0.0 0.0 P/Book Value (X) 2.4 2.4 2.3 2.1 Net Debt/Equity (X) CASH CASH CASH CASH ROAE (%) 5.9 4.5 4.5 9.3 Source of all data: Company, DBS Bank, Bloomberg Finance L.P SPA offers land, potentially funded by 1-for-3 rights   Offered rights to acquire 70% of economic benefits of 10.8m sqft land in Pun Hlaing   Deal estimated to be US$70m or US$70 psf, which is at lower end of Yangon&rsquo s authority land value   Purchase to be funded by rights issue, which could be revised to 1-for-3 from 1-for-8 previously   Deal is positive for the long term but maintaining forecast until conclusion. Maintain Buy. Yoma announced that it has received an offer from Serge Pun and Associates (SPA) for the rights to acquire 70% of the economic benefit of the land in Pun Hlaing Golf Estate (PHGE). PHGE is an integrated development project on an aggregate area of approximately 10.8m sqft comprising: (1) 9.6m sqft for a Gary Player-designed 18-hole championship golf course and a clubhouse and (2) the remaining 1.2m sqft of land development rights. Yoma will have to indicate its interest to buy within 30 days from this offer. Based on Yoma' s preliminary investigations, the land, as valued by an independent real estate consultant, is around US$100m and Yoma' s 70% stake would amount to a potential purchase consideration of US$70m. Our view: Based on the announced land valuation, cost of the non-golf course component of the land works out to be US$70 psf. Barring details on the actual use and development of this land, we believe the land is priced at market value, which has been kept relatively stable in the past six months as the government curbs runaway property prices. Over time, influx of more foreigners is still expected to drive up land prices further. To compare, Yoma was selling land development rights in Pun Hlaing Golf Estate at an average of close to US$50 psf twelve months ago. Our data on Yangon land prices as used by the Myanmar Inland Revenue Dept, updated as at Oct 2013, showed that the land cost in the Hlaing township ranges from a low of US$36.50 psf to high of US$286 psf. It appears that Yoma' s land cost is closer to the lower end of this valuation range.