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961-980 of 1087
A growth company, similar to super, mm2, cityneon.....etc.....Hope to see share price explode up fast n furious...
Agreed. Now FE is expanding its business in South East Asia which is indeed a good move to diversify its geographical markets and expand.
While in JB at City Square, I saw a Cafe bene outlet, not sure if it is owned by FE? The business seems good there on a weekday afternoon
luckyfa ( Date: 29-Nov-2016 13:36) Posted:
FE looks potential to be reaching $1 soon...initial to $0.60....let's watch....
Secret_Squirrel ( Date: 24-Nov-2016 23:03) Posted:
BB (Big Boss) buying. Lol
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buy abit 435 try
FE looks potential to be reaching $1 soon...initial to $0.60....let's watch....
Secret_Squirrel ( Date: 24-Nov-2016 23:03) Posted:
BB (Big Boss) buying. Lol
Huataarrhh ( Date: 24-Nov-2016 08:48) Posted:
CEO bought another 2,500,000 shares at average price of 43.2c on Tuesday
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BB (Big Boss) buying. Lol
Huataarrhh ( Date: 24-Nov-2016 08:48) Posted:
CEO bought another 2,500,000 shares at average price of 43.2c on Tuesday
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CEO bought another 2,500,000 shares at average price of 43.2c on Tuesday
Good luck to shortists, this stock looks like to be on a strong uptrend
Biffeen123 ( Date: 21-Nov-2016 08:54) Posted:
| Shorting 20 lots at 0.43 first . Then rest at 0.435 . Goodluck to those who going to buy at 0.435 so many how to clear it ahahahahahah |
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thank you......
Biffeen123 ( Date: 21-Nov-2016 08:54) Posted:
| Shorting 20 lots at 0.43 first . Then rest at 0.435 . Goodluck to those who going to buy at 0.435 so many how to clear it ahahahahahah |
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Shorting 20 lots at 0.43 first . Then rest at 0.435 . Goodluck to those who going to buy at 0.435 so many how to clear it ahahahahahah
Monday going to be down ahahaha😂 😂 😂 . Shorting more on Monday
Monday up again?
waters ( Date: 19-Nov-2016 15:26) Posted:
Written by Leong Chan Teik
Published: 18 November 2016
 CEO Sudeep Nair speaking with shareholders after a Food Empire AGM. NextInsight file photo
Fri, Nov 11: Release of 3Q results after market close stock price 30 cents.
Mon, Nov 14: Stock 39 cents
Fri, Nov 18: Stock 42.5 cents
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In the first insider purchase since May 2013, Food Empire' s CEO, Sudeep Nair, has bought 5,408,400 shares for a total of $2.1 million.
His purchases, made on Nov 14, 15 and 16, came hot on the heels of the release of the 3Q results of Food Empire.
| Date |
|
No. of shares bought |
Average price |
Cost |
Stake (%) |
| 16 Nov 2016 |
2,500,000 |
41.7 c |
$1,042,250 |
44,494,799
(8.35%) |
| 15 Nov 2016 |
1,350,000 |
40.3 c |
$544,185 |
|
| 14 Nov 2016 |
1,558,400 |
35.2 c |
$548,713 |
|
Food Empire reported US$5.8 million in net profit, a big improvement from the US$657,000 in the same quarter of 2015.
Similarly, the 9M2016 profit of US$11.6 million was a pretty picture compared to the US$3.4 million of a year ago.
The key contributor was the absence or lowering of forex losses:
| Food Empire |
43 cents |
| 52-week range |
19.5-44 cents |
| Market cap |
S$218 million |
| PE (ttm) |
18 |
| Dividend yield |
- |
| Net asset value |
28.3 US cents/share |
| Source: Bloomberg, Company |
&diams In 3Q 2016, forex loss was merely US$207,000 compared to US6.4 million previously
&diams In 9M2016, forex loss was absent compared to US$10.6 million previously.
Forex loss mainly refers to the Russian currency, as the country is Food Empire' s largest market.
It was 63.2 ruble per US dollar on 30 September 2016, compared with 72.9 ruble per US dollar on 31 December 2015.
Will the forex factor stay positive and Food Empire become a comeback story? The CEO' s purchases signal his optimism on that.
See also: Getting to know SUDEEP NAIR, the new CEO of Food Empire
You may also be int
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Written by Leong Chan Teik
Published: 18 November 2016
CEO Sudeep Nair speaking with shareholders after a Food Empire AGM. NextInsight file photo
Fri, Nov 11: Release of 3Q results after market close stock price 30 cents.
Mon, Nov 14: Stock 39 cents
Fri, Nov 18: Stock 42.5 cents
|
In the first insider purchase since May 2013, Food Empire' s CEO, Sudeep Nair, has bought 5,408,400 shares for a total of $2.1 million.
His purchases, made on Nov 14, 15 and 16, came hot on the heels of the release of the 3Q results of Food Empire.
| Date |
|
No. of shares bought |
Average price |
Cost |
Stake (%) |
| 16 Nov 2016 |
2,500,000 |
41.7 c |
$1,042,250 |
44,494,799
(8.35%) |
| 15 Nov 2016 |
1,350,000 |
40.3 c |
$544,185 |
|
| 14 Nov 2016 |
1,558,400 |
35.2 c |
$548,713 |
|
Food Empire reported US$5.8 million in net profit, a big improvement from the US$657,000 in the same quarter of 2015.
Similarly, the 9M2016 profit of US$11.6 million was a pretty picture compared to the US$3.4 million of a year ago.
The key contributor was the absence or lowering of forex losses:
| Food Empire |
43 cents |
| 52-week range |
19.5-44 cents |
| Market cap |
S$218 million |
| PE (ttm) |
18 |
| Dividend yield |
- |
| Net asset value |
28.3 US cents/share |
| Source: Bloomberg, Company |
&diams In 3Q 2016, forex loss was merely US$207,000 compared to US6.4 million previously
&diams In 9M2016, forex loss was absent compared to US$10.6 million previously.
Forex loss mainly refers to the Russian currency, as the country is Food Empire' s largest market.
It was 63.2 ruble per US dollar on 30 September 2016, compared with 72.9 ruble per US dollar on 31 December 2015.
Will the forex factor stay positive and Food Empire become a comeback story? The CEO' s purchases signal his optimism on that.
See also: Getting to know SUDEEP NAIR, the new CEO of Food Empire
You may also be int
Lol again!
Feverfire ( Date: 18-Nov-2016 13:38) Posted:
+ the indian director looks like TT Durai. Scheming fellow.
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+ the indian director looks like TT Durai. Scheming fellow.
Haha! Agree!
lifeisgood ( Date: 18-Nov-2016 13:14) Posted:
Basically there are too many moving parts. Hard to keep a handle on its financial performance.
jeremyow ( Date: 18-Nov-2016 13:13) Posted:
From the recent financial results of the group, seems that the group is exposed to the currency exchange rates between Ukrainaian Hryvnia and USD and also between Russian Rubles and USD. These volative foreign exchange rates seems significant enough to affect their revenue, profits and items on their balance sheet such as receivables.
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Basically there are too many moving parts. Hard to keep a handle on its financial performance.
jeremyow ( Date: 18-Nov-2016 13:13) Posted:
From the recent financial results of the group, seems that the group is exposed to the currency exchange rates between Ukrainaian Hryvnia and USD and also between Russian Rubles and USD. These volative foreign exchange rates seems significant enough to affect their revenue, profits and items on their balance sheet such as receivables.
jeremyow ( Date: 18-Nov-2016 12:56) Posted:
Did they hedge against adverse currency exchange movements? If they did, still may not be that bad.
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From the recent financial results of the group, seems that the group is exposed to the currency exchange rates between Ukrainaian Hryvnia and USD and also between Russian Rubles and USD. These volative foreign exchange rates seems significant enough to affect their revenue, profits and items on their balance sheet such as receivables.
jeremyow ( Date: 18-Nov-2016 12:56) Posted:
Did they hedge against adverse currency exchange movements? If they did, still may not be that bad.
lifeisgood ( Date: 18-Nov-2016 12:51) Posted:
The Ruble exchange rate is hard to predict. Income may fluctuate wildly depending on those volatile foreign exchange rates. Not my cup of tea. Not vested.
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For so many years, it has always been disappointments. But I think they really should change MacCafe name to something else. Whatever the courts rule, to me, this is always a rip off.
Feverfire ( Date: 18-Nov-2016 13:08) Posted:
| In the financials, there should be a "translation of fx gain/(loss)". If I'm not wrong, it's always a loss, be it big or small amount. |
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In the financials, there should be a "translation of fx gain/(loss)". If I'm not wrong, it's always a loss, be it big or small amount.
Did they hedge against adverse currency exchange movements? If they did, still may not be that bad.
lifeisgood ( Date: 18-Nov-2016 12:51) Posted:
The Ruble exchange rate is hard to predict. Income may fluctuate wildly depending on those volatile foreign exchange rates. Not my cup of tea. Not vested.
Feverfire ( Date: 18-Nov-2016 12:40) Posted:
| I believe upside is limited based on current price. Furthermore, I don't like the Indian director. |
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