FOOD EMPIRE - UOBKAYHIAN MID-CAP $0.50 COMING.....THEN $1.00

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23 Dec 2016 12:39 #23466 by pine
Food Empire will enjoy forex gain from the strengthening of the ruble.

Just compare -- in end-Dec 2015, 70 rubles to USD. Today, it is 60 rubles.

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24 Jan 2017 10:46 #23520 by pine
Consumer stocks privatised at lofty valuations. With Super Group being taken over
by coffee giant Jacobs Douwe Egberts at about 30x earnings, we view conditions as very favourable for privatisations in this sector as consumer discretionary spending has slowed, resulting in depressed valuations.

Following the delisting of Super (which
followed that of Viz Branz in 2013 at 16-17x PE), Food Empire is the only 3-in-1 coffee play listed on the SGX and trades at only 13.9x 2017F PE currently.

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21 Feb 2017 09:01 #23596 by BNN

Food Empire will enjoy forex gain from the strengthening of the ruble.

Just compare -- in end-Dec 2015, 70 rubles to USD. Today, it is 60 rubles.



It's spot on. The strengthening of the ruble will have a strong impact on Food Empire's profitability for 2016 and this year. Already, the ruble has strengthened to 57.9 rubles to a USD. This is 17% gain. "Free money"

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03 Mar 2017 09:08 #23623 by BNN
CEO bought shares again, after results announcement.

2 March 2017: 3.18 m shares at 58.2 cents

1 March 2017: 824.2 K shares at 56.5 cents.

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03 Mar 2017 20:54 #23627 by iCann

CEO bought shares again, after results announcement.

2 March 2017: 3.18 m shares at 58.2 cents

1 March 2017: 824.2 K shares at 56.5 cents.


I am still vested

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Share Prices

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Avi-Tech Electronics0.325-
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