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2Q result just out.....
http://infopub.sgx.com/FileOpen/SGXNet%2...eID=364309
Quite strong improvement in the underlying businesses - in revenue, GP, GPM, and FCF - continued in 2Q. It looks like Dr. Andy Adhiwana (also a major shareholder) as the new Executive Director has started to make his direct engagement felt.
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I beg to differ... Auric as far as I can remember has been burning cash and unable to have any core business - at least a decade liao...
(11-08-2015, 07:26 PM)dydx Wrote: 2Q result just out.....
http://infopub.sgx.com/FileOpen/SGXNet%2...eID=364309
Quite strong improvement in the underlying businesses - in revenue, GP, GPM, and FCF - continued in 2Q. It looks like Dr. Andy Adhiwana (also a major shareholder) as the new Executive Director has started to make his direct engagement felt.
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(11-08-2015, 08:16 PM)greengiraffe Wrote: I beg to differ... Auric as far as I can remember has been burning cash and unable to have any core business - at least a decade liao...
Well, there is a saying "Every dog has its day."; and in business and investing, we have to look beyond the past and into the future.
Actually, in Auric's case, to turn around the group towards better and normal profitability, what Dr. Andy Adhiwana and his team have to do is simply to make those well-positined business units more profitable, and to cut away those under-performing business units. I believe they have seriously started doing just that.
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(11-08-2015, 09:49 PM)dydx Wrote: (11-08-2015, 08:16 PM)greengiraffe Wrote: I beg to differ... Auric as far as I can remember has been burning cash and unable to have any core business - at least a decade liao...
Well, there is a saying "Every dog has its day."; and in business and investing, we have to look beyond the past and into the future.
Actually, in Auric's case, to turn around the group towards better and normal profitability, what Dr. Andy Adhiwana and his team have to do is simply to make those well-positined business units more profitable, and to cut away those under-performing business units. I believe they have seriously started doing just that.
Not with the ultimate financial engineers Riady's. Auric used to be Cold Storage (S) and the Riady bought over the cash shell and repeatedly depleted it. Its their PE vehicle whose core is trading. There is little advantage as a distributor.
Anyway, their track record is lousy and hence it will take at least another decade for them to convince me...
Odd Lots Vested For AGM freebies
GG
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^^ QAF is another one. Indon families generally has bad track records for shareholder value - Lippo, Salim, Sinar Mas etc..
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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Quite simply because they have other agendas with the listed companies - they actually generate lots of cash from a lot of sources other than the listco itself and hence listco is more than just for making $ and sharing...
Put it simply - Indons don't need your $ hence best to avoid co's with Indon ownerships...
(11-08-2015, 10:27 PM)opmi Wrote: ^^ QAF is another one. Indon families generally has bad track records for shareholder value - Lippo, Salim, Sinar Mas etc..
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21-09-2015, 12:08 PM
(This post was last modified: 21-09-2015, 12:25 PM by dydx.)
Since 1Sep15, ED Andy Adhiwana has made 5 separate purchases from the open-market amounting to a total of 161,100 shares, and in the course of it has guided Auric Pacific's share price upwards. His last purchase on 14Sep15 was for 79,100 shares at an average price of $0.75/share.....
http://infopub.sgx.com/Apps?A=COW_CorpAn..._Final.pdf
This is a good sign?
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Sunshine vs. Gardenia.....
http://www.sunshine.com.sg
http://www.gardenia.com.sg/index.aspx
Who is gaining market share in the competitive Singapore market?
It is difficult to answer the above question. Would buddies who are involved in the local FMCG and supermarket trades care to share your views here?
Based on Auric Pacific's 1Q and 2Q/1H (ended 30Jun15) result announcements.....
http://infopub.sgx.com/FileOpen/SGXNet%2...eID=350232 [1Q result]
http://infopub.sgx.com/FileOpen/SGXNet%2...eID=364309 [2Q result]
in 1H ended 30Jun15, the Manufacturing segment (under its Food Group) posted a healthy 9.7% YoY increase in revenue to $25.1m, and a strong 31.7% YoY increase in combined OP to $5.4m (vs. $4.1m in 1H-FY14). This is impressive!
Let's see if this improving trend can be sustained into 3Q/2H and next FY16.
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(29-10-2015, 08:16 PM)dydx Wrote: Sunshine vs. Gardenia.....
http://www.sunshine.com.sg
http://www.gardenia.com.sg/index.aspx
Who is gaining market share in the competitive Singapore market?
It is difficult to answer the above question. Would buddies who are involved in the local FMCG and supermarket trades care to share your views here?
Based on Auric Pacific's 1Q and 2Q/1H (ended 30Jun15) result announcements.....
http://infopub.sgx.com/FileOpen/SGXNet%2...eID=350232 [1Q result]
http://infopub.sgx.com/FileOpen/SGXNet%2...eID=364309 [2Q result]
in 1H ended 30Jun15, the Manufacturing segment (under its Food Group) posted a healthy 9.7% YoY increase in revenue to $25.1m, and a strong 31.7% YoY increase in combined OP to $5.4m (vs. $4.1m in 1H-FY14). This is impressive!
Let's see if this improving trend can be sustained into 3Q/2H and next FY16.
Be extremely careful... rich Indons as a whole seldom look after MI as they have more $ than many can see and needs list co to help them with their own interests.
Gardenia - QAF Salims, Sunshine - Auric Riadys.
Any much difference - Salims make a lot from flour milling since Suharto days. Raidys have been much luckier as they have been top notch surviving financial engineers thru Indo dynasties...
Odd Lots Vested
Both
Hardly much returns over wrong term
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As expected... I m not surprised with the rabbits that are coming out of Auric...
Caveat Emptor
http://infopub.sgx.com/Apps?A=COW_CorpAn...091115.pdf
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