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I thought going into Russia, Ukraine region was an active choice made by management? Nobody forced them to.
Management fully aware of the geopolitical risk in those volatile regions.
LowLow12 ( Date: 04-Mar-2022 11:13) Posted:
This one really suay
Busines mainly in ukraine russia side
May god bless Food empire
I dont know how badly it can be impacted if the war become super long affair |
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This one really suay
Busines mainly in ukraine russia side
May god bless Food empire
I dont know how badly it can be impacted if the war become super long affair
SGP punches above its weight. Can SGP scarifice Food Empire for US and its allies?????
Observers ( Date: 04-Mar-2022 10:35) Posted:
Better don' t let the russians know their coffee owned by singapore shareholders. Esp after all that hugging and majulah by the Ukrainian UN rep.
sengkang ( Date: 03-Mar-2022 17:12) Posted:
Russia is now having currency control due to economic sanctions. May last for a long time.
Transactions of forex difficulty will affect the business model of Food Empire
Slightly similar problems in Ukraine and even the CIS markets which trade in Rubles.
Big big headache for the FE bosses.
More tha 60 pctof their market affected, sebei siong |
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Better don' t let the russians know their coffee owned by singapore shareholders. Esp after all that hugging and majulah by the Ukrainian UN rep.
sengkang ( Date: 03-Mar-2022 17:12) Posted:
Russia is now having currency control due to economic sanctions. May last for a long time.
Transactions of forex difficulty will affect the business model of Food Empire
Slightly similar problems in Ukraine and even the CIS markets which trade in Rubles.
Big big headache for the FE bosses.
More tha 60 pctof their market affected, sebei siong 1
ozone2002 ( Date: 03-Mar-2022 16:36) Posted:
Damage control to soften the blow
demand will drop in Ukraine, unless the soldiers endorse their packet coffee satchets
target 20c
gd luck dyod |
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Only way food empire can to sustain revenue is to accept only USD, EURO or Gold payment term to sell to Russia... Not sure if its customers willing to pay this way... Challenge in getting shipment going russia too 😒 🤔
sengkang ( Date: 03-Mar-2022 17:12) Posted:
Russia is now having currency control due to economic sanctions. May last for a long time.
Transactions of forex difficulty will affect the business model of Food Empire
Slightly similar problems in Ukraine and even the CIS markets which trade in Rubles.
Big big headache for the FE bosses.
More tha 60 pctof their market affected, sebei siong 1
ozone2002 ( Date: 03-Mar-2022 16:36) Posted:
Damage control to soften the blow
demand will drop in Ukraine, unless the soldiers endorse their packet coffee satchets
target 20c
gd luck dyod |
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better to stay away till the air is clear.
Russia is now having currency control due to economic sanctions. May last for a long time.
Transactions of forex difficulty will affect the business model of Food Empire
Slightly similar problems in Ukraine and even the CIS markets which trade in Rubles.
Big big headache for the FE bosses.
More tha 60 pctof their market affected, sebei siong 1
ozone2002 ( Date: 03-Mar-2022 16:36) Posted:
Damage control to soften the blow
demand will drop in Ukraine, unless the soldiers endorse their packet coffee satchets
target 20c
gd luck dyodd
Joelton ( Date: 03-Mar-2022 09:12) Posted:
Food Empire not facing any going concern issues from Russia-Ukraine conflict
FOOD and beverage manufacturer Food Empire said it does not foresee any going concern issues stemming from the Russia-Ukraine conflict.
In an update on Wednesday (Mar 2), the company said that operations and sales activities in Ukraine have been suspended. The primary concern of Food Empire is for the safety and well-being of its staff, with no reported damage to equipment or properties so far.
" However, based on the Group' s past experience, in the absence of a massive or permanent change in demographics, consumer demand for food and beverages is likely to remain resilient as they are essential products," said Food Empire.
In Russia, Food Empire' s biggest market, the economic sanctions may have broad implications which are still unclear to the company right now. Russia' s central bank is acting to stabilise the banking system and a number of large local lenders are excluded from the sanctions list, the company noted.
Sanctions are being targeted at the Russian government, banking industry and other sensitive sectors like technology and energy. However, essential sectors like F& B are unlikely to face demand destruction, according to Food Empire.
" Hence, the group remains optimistic about its long-term prospects in Russia."
The company also said it has an experienced management team and a strong balance sheet, adding that it will be actively assessing the impact of the conflict on the business and will roll out measures to mitigate any fallout in affected markets.
" We are working closely with our business heads, partners and banks to understand the issues and will release further announcements to update shareholders at the appropriate time," it said.
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This company really suay to the max
Damage control to soften the blow
demand will drop in Ukraine, unless the soldiers endorse their packet coffee satchets
target 20c
gd luck dyodd
Joelton ( Date: 03-Mar-2022 09:12) Posted:
Food Empire not facing any going concern issues from Russia-Ukraine conflict
FOOD and beverage manufacturer Food Empire said it does not foresee any going concern issues stemming from the Russia-Ukraine conflict.
In an update on Wednesday (Mar 2), the company said that operations and sales activities in Ukraine have been suspended. The primary concern of Food Empire is for the safety and well-being of its staff, with no reported damage to equipment or properties so far.
" However, based on the Group' s past experience, in the absence of a massive or permanent change in demographics, consumer demand for food and beverages is likely to remain resilient as they are essential products," said Food Empire.
In Russia, Food Empire' s biggest market, the economic sanctions may have broad implications which are still unclear to the company right now. Russia' s central bank is acting to stabilise the banking system and a number of large local lenders are excluded from the sanctions list, the company noted.
Sanctions are being targeted at the Russian government, banking industry and other sensitive sectors like technology and energy. However, essential sectors like F& B are unlikely to face demand destruction, according to Food Empire.
" Hence, the group remains optimistic about its long-term prospects in Russia."
The company also said it has an experienced management team and a strong balance sheet, adding that it will be actively assessing the impact of the conflict on the business and will roll out measures to mitigate any fallout in affected markets.
" We are working closely with our business heads, partners and banks to understand the issues and will release further announcements to update shareholders at the appropriate time," it said.
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oversold ....
Even this may be a short disruption the consumers are now displaced and loads have moved and would be moving to neighbouring countries. Would there still be spending power during such times? Would the products be available anytime soon?
Of course the company cannot and would not inform you of the dire war disruptions in the two major markets. Furthermore is there cash or credit available in Russia to spend on coffee?
I would like to learn of other views.
Dannkh ( Date: 03-Mar-2022 11:02) Posted:
Dividend yield is abt 4.6% including the special dividend. @ 48c.
Joelton ( Date: 03-Mar-2022 09:12) Posted:
Food Empire not facing any going concern issues from Russia-Ukraine conflict
FOOD and beverage manufacturer Food Empire said it does not foresee any going concern issues stemming from the Russia-Ukraine conflict.
In an update on Wednesday (Mar 2), the company said that operations and sales activities in Ukraine have been suspended. The primary concern of Food Empire is for the safety and well-being of its staff, with no reported damage to equipment or properties so far.
" However, based on the Group' s past experience, in the absence of a massive or permanent change in demographics, consumer demand for food and beverages is likely to remain resilient as they are essential products," said Food Empire.
In Russia, Food Empire' s biggest market, the economic sanctions may have broad implications which are still unclear to the company right now. Russia' s central bank is acting to stabilise the banking system and a number of large local lenders are excluded from the sanctions list, the company noted.
Sanctions are being targeted at the Russian government, banking industry and other sensitive sectors like technology and energy. However, essential sectors like F& B are unlikely to face demand destruction, according to Food Empire.
" Hence, the group remains optimistic about its long-term prospects in Russia."
The company also said it has an experienced management team and a strong balance sheet, adding that it will be actively assessing the impact of the conflict on the business and will roll out measures to mitigate any fallout in affected markets.
" We are working closely with our business heads, partners and banks to understand the issues and will release further announcements to update shareholders at the appropriate time," it said.
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Dividend yield is abt 4.6% including the special dividend. @ 48c.
Joelton ( Date: 03-Mar-2022 09:12) Posted:
Food Empire not facing any going concern issues from Russia-Ukraine conflict
FOOD and beverage manufacturer Food Empire said it does not foresee any going concern issues stemming from the Russia-Ukraine conflict.
In an update on Wednesday (Mar 2), the company said that operations and sales activities in Ukraine have been suspended. The primary concern of Food Empire is for the safety and well-being of its staff, with no reported damage to equipment or properties so far.
" However, based on the Group' s past experience, in the absence of a massive or permanent change in demographics, consumer demand for food and beverages is likely to remain resilient as they are essential products," said Food Empire.
In Russia, Food Empire' s biggest market, the economic sanctions may have broad implications which are still unclear to the company right now. Russia' s central bank is acting to stabilise the banking system and a number of large local lenders are excluded from the sanctions list, the company noted.
Sanctions are being targeted at the Russian government, banking industry and other sensitive sectors like technology and energy. However, essential sectors like F& B are unlikely to face demand destruction, according to Food Empire.
" Hence, the group remains optimistic about its long-term prospects in Russia."
The company also said it has an experienced management team and a strong balance sheet, adding that it will be actively assessing the impact of the conflict on the business and will roll out measures to mitigate any fallout in affected markets.
" We are working closely with our business heads, partners and banks to understand the issues and will release further announcements to update shareholders at the appropriate time," it said.
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Food Empire not facing any going concern issues from Russia-Ukraine conflict
FOOD and beverage manufacturer Food Empire said it does not foresee any going concern issues stemming from the Russia-Ukraine conflict.
In an update on Wednesday (Mar 2), the company said that operations and sales activities in Ukraine have been suspended. The primary concern of Food Empire is for the safety and well-being of its staff, with no reported damage to equipment or properties so far.
" However, based on the Group' s past experience, in the absence of a massive or permanent change in demographics, consumer demand for food and beverages is likely to remain resilient as they are essential products," said Food Empire.
In Russia, Food Empire' s biggest market, the economic sanctions may have broad implications which are still unclear to the company right now. Russia' s central bank is acting to stabilise the banking system and a number of large local lenders are excluded from the sanctions list, the company noted.
Sanctions are being targeted at the Russian government, banking industry and other sensitive sectors like technology and energy. However, essential sectors like F& B are unlikely to face demand destruction, according to Food Empire.
" Hence, the group remains optimistic about its long-term prospects in Russia."
The company also said it has an experienced management team and a strong balance sheet, adding that it will be actively assessing the impact of the conflict on the business and will roll out measures to mitigate any fallout in affected markets.
" We are working closely with our business heads, partners and banks to understand the issues and will release further announcements to update shareholders at the appropriate time," it said.
Now, it' s the uncertainty scenario caused by the Russia-Ukraine war - a far worse scenario, since both Russia and Ukraine are their major markets. Hearsay, share price dropped to 20 cents in the previous war distress scenario (Food Empire was probably smaller then ...). Not vested! (Wasted, forget to short by CFD when it was 58 cts)
tedlim ( Date: 02-Mar-2022 08:52) Posted:
| Selling Seems overdone...last time touch 45 cents was during COVID-19 outbreak period in March 2020 |
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There probably also will be.consequences for FE due to our government sanction and statement of Russia and what our diplomat did in UN. It is all over social media..........
PQTPQK ( Date: 02-Mar-2022 09:13) Posted:
| down alot.... any price can try ? |
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down alot.... any price can try ?
Selling Seems overdone...last time touch 45 cents was during COVID-19 outbreak period in March 2020
don' t think russia produce coffee bean. sugar ok.
think they have to come up with new products using local ingrediets as replacement.
in such situations it may just be a new grow area.
instant or prepack (can or tetra pack) russian caravan, kalymk,yorsh, sbiten?
simple
1) they have a warehouse in Russia and can continue manufacturing the product and serve market there.
2) remove the currency equation by using the Ruble to source for raw material within Russia.... No exchange loss till situation improves.
vicloo ( Date: 28-Feb-2022 18:33) Posted:
2 potential problems...1) can food empire still export instant coffee to Russia with so many nations impose sanction, 2) Ruble dropped so much... Food empire needs to get payment in USD.
desmondxyz ( Date: 28-Feb-2022 16:38) Posted:
| Maybe army needs more coffee to stay alert? |
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2 potential problems...1) can food empire still export instant coffee to Russia with so many nations impose sanction, 2) Ruble dropped so much... Food empire needs to get payment in USD.
desmondxyz ( Date: 28-Feb-2022 16:38) Posted:
| Maybe army needs more coffee to stay alert? |
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