FOOD EMPIRE

Fund managers have tracked Super for a long time and understand the business direction. With confidence growing as Super delivered on its results & executedon its upstream biz plans, Super has gained a high PE multiple of 22X.

Fund managers are less familiar with Food Empire because it has not had a long track record of investor relations. Other reasons too  -- such as not having upstream biz to expand gross margin. It will happen in the next few years. Current PE of 12X will expand...

TP of 72 cents is going to b history! 

thank you for the comparison - Food Empire is indeed lesser known to investors. Will nextinsight organise a visit for investors to Food Empire?  Now 62 cents. After visit, maybe 72 cents. Hahaha.

Nice to see it reach 68 cents this morning while I was having a brief coffee break. 

Thank you for all the early alerts! Food Empire is ++++ now.

Fundamentally, FE's cost of goods is getting lower. Sugar is a key ingredient in the 3-in-1 coffee. Sugar prices are going lower and lower .

I quote from 17 January report
www.sugaronline.com/home/website_contents/view/1207411


"Raw sugar futures fell to 29-month lows Wednesday as the market continued to buckle under concerns that a global surplus of the sweetener could depress prices for the rest of the year, according to Dow Jones.The International Sugar Organization has estimated sugar supplies will outstrip demand by 6.2 million metric tonnes this year." 

Low sugar prices can benefit other F&B businesses too , such as BreadTalk and F& 

Someone should introduce Food Empire to Sam Goi. Food Empire is in the same industry as Super Group, of which Sam Goi is a very large shareholder. Super is trading at super valuations while Food Empire is at more modest valuation.