Uni-President China 0220

Uni-President China 0220

Postby winston » Mon Nov 09, 2009 8:35 am

Not vested. From Dr. Check, The Standard HK:-

Uni-President China Holdings (0220) makes and sells beverages and instant noodles in the mainland.

Last year its instant noodles brought in 2.25 billion yuan (HK$2.55 billion). The firm made 2.4 billion yuan from juice and drinks.

For the first nine months of this year, profit rose 94 percent to US$94.5 million (HK$737.1 million).

The stock has hit HK$4 and HK$5 in the last four months.

Last week, it finally cleared this range and hit HK$5.32 at one point.

Currently it trades around 22 times its expected PE. It should not be difficult for the stock to test HK$6 in the coming months.

http://www.thestandard.com.hk/news_deta ... 91109&fc=1
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Re: Uni-President China Holdings 0220

Postby winston » Mon Dec 07, 2009 12:14 pm

DJ Uni-President Expects 2009 Net Profit NT$8 Bln - Report

TAIPEI (Dow Jones)--Uni-President Enterprises Corp. (1216.TW) expects its net profit to total NT$8 billion this year and rise to NT$10 billion in 2010, the Economic Daily News reported Monday, citing Cheng Kao-Huei, managing director on the company's board, as saying.

The company's 2008 net profit was NT$3.60 billion.

The report cited Cheng as saying Uni-President, Taiwan's largest food maker by revenue, will benefit this year and next as its drinks and noodles businesses expand in Taiwan and China. The company also expects its businesses in Southeast Asia to grow, according to the report.

In the January-September period, the company's net profit rose 46% to NT$7.22 billion from NT$4.94 billion a year earlier.

Newspaper Web site: http://udn.com

Source: Dow Jones Newswires
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Re: Uni-President China Holdings 0220

Postby winston » Tue Feb 02, 2010 12:08 pm

Not vested.

DJ MARKET TALK: JPM Raises Uni-President China Target To HK$5.00

1146 [Dow Jones] STOCK CALL: JPMorgan raises Uni-President China (0220.HK) target price to HK$5.00 from HK$4.70 after revising up FY10 earnings estimate by 3% to reflect company's strategy.

Says UPC maintained cost savings in 2009, but lost market share in beverages. House believes company will be more aggressive in taking market share in 2010 and it will be year of high sales growth, high expenses.

Notes company plans CNY2 billion capex in 2010 and 2011, most of which is for beverage sector. Keeps stock at Neutral. It last +1.7% at HK$4.81.

Source: Dow Jones Newswire
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Re: Uni-President China Holdings 0220

Postby winston » Mon Apr 26, 2010 3:18 pm

Not vested.

DJ MARKET TALK: Uni-President Down 1.6%; FY09 Below Forecast - MS

1123 [Dow Jones] STOCK CALL: Uni-President China (0220.HK) down 1.6% at HK$5.01 vs HSI's 1.7% rise, after company posts weaker-than-expected FY09 results; net profit doubled on-year to CNY704.88 million, but 15% below Morgan Stanley's forecast; house says higher expenses led to further underperformance.

"We expect limited profit growth in 2010 because of multiple headwinds, including higher input cost, greater advertising and promotional spending, and higher tax rate."

Adds, while management still aims for double-digit profit growth, house thinks this could be a bit of a stretch. Cuts FY10-FY11 earnings forecast by 20%-21%, to factor in higher sales, lower gross margin, higher operating expense, higher effective tax rate.

Downgrades stock to Equalweight from Overweight, cuts target to HK$4.95 from HK$5.60.

Source: Dow Jones Newswire
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Re: Uni-President China Holdings 0220

Postby winston » Thu May 06, 2010 11:15 am

Not vested.

DJ MARKET TALK: Uni-President Off 1.1%; Margin Pressure -BoA-ML
Apr 28, 2010

1258 [Dow Jones] STOCK CALL: Uni-President (0220.HK) down 1.1% at HK$4.52 after it posted lower-than-expected 2009 results; Bank of America Merrill Lynch says low earnings visibility on beverage margin pressure.

Expects 30% top-line growth but huge margin erosion in 1Q. Says, earnings growth in 2010 would be muted given headwinds in rising input cost, intensifying competition and lower beverage ASP given company's shift to market share gain. A

dds, 2010 could be another loss-making year for instant noodles.

"We believe Uni-President China is more vulnerable to rising cost within the Food & Beverage space, and we see downside risks to earnings." Keeps Underperform with HK$4.60 target.


Source: Dow Jones Newswire
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Re: Uni-President China Holdings 0220

Postby winston » Wed Aug 18, 2010 3:42 pm

Not vested

DJ MARKET TALK: Uni-President Expansion Plan To Continue -Taifook
June 1, 2010

1558 [Dow Jones] STOCK CALL: Despite rising cost of raw materials coupled with intensified competition from food and beverage rivals in China, Taifook thinks Uni-President's (0220.HK) expansion plans will continue to sustain its market position in foreseeable future.

Notes, in terms of capacity expansion, new production base in Kunming commenced operations in May with monthly capacity of 700,000 instant noodles boxes and 800,000 drinks boxes; total investment estimated to be US$50 million.

"The economy of scale should help alleviate increased cost pressure." Adds, with net cash position of about CNY3.4 billion as of end-2009, expects company to continue to pursue capacity expansion, potential M&A opportunities.

Keeps at Buy, targets HK$5.25, based on 24X FY10 P/E.


Source: Dow Jones Newswire
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Re: Uni-President China Holdings 0220

Postby winston » Wed Aug 18, 2010 3:44 pm

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DJ Uni-President China To Expand Kunming Plant To Supply Southeast Asia
May 27, 2010


TAIPEI (Dow Jones)--Instant noodles and drinks maker Uni-President China Holdings Ltd. (0220.HK) plans to expand its new plant in Kunming, in the Chinese province of Yunnan, as part of its effort to meet growing demand in Southeast Asia, a public relations official with the company's parent, Uni-President Enterprises Corp. (1216.TW), said Thursday.

'Southeast China is important, but this plant will also supply Southeast Asia,' the official, who declined to be named, said.

Uni-President China held an opening ceremony for the new Kunming plant, its 14th in China, on Wednesday.

The company invested US$50 million in the plant, which has an instant noodles production line with a monthly capacity of 700,000 boxes and a drinks line with a monthly capacity of 800,000 boxes.

Uni-President China plans to increase the number of instant noodle production lines at the plant to five and the number of drinks lines to three, the official said, declining to say how much the company would invest in the expansion.

Uni-President China is the country's second-largest diluted juice maker by market share behind Coca-Cola Co. It is also China's second-largest ready-to-drink tea maker after Tingyi (Cayman Islands) Holding Corp., and the third-largest instant noodles maker after Tingyi & Nissin Hualong Foods Co.

Uni-President China is the Hong Kong-listed unit of Uni-President Enterprises, Taiwan's largest food producer by revenue. Uni-President Enterprises holds a 73.49% stake in Uni-President China.

Uni-President Enterprises said in February it will invest US$140 million to build its third aquatic feed plant in Vietnam to meet growing local demand.


Source: Alex Pevzner, Dow Jones Newswires
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Re: Uni-President China Holdings 0220

Postby winston » Sun Aug 22, 2010 8:08 pm

Not vested.

• Revenue reached RMB6,163.6 million, up by 36.6%
• Group gross margin of 34.4%, down by 7.5 percentage points
• EBITDA of RMB545.3 million, down by 18.2%
• Profit attributable to equity holders of the Company of RMB298.3 million, decreased by 30.1%

http://www.hkexnews.hk/listedco/listcon ... 822013.pdf
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Re: Uni-President China Holdings 0220

Postby winston » Fri Sep 17, 2010 11:04 am

Not vested.

Up 5% on no news.

And raw materials are expected to go up .. :roll: :?
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Re: Uni-President China Holdings 0220

Postby winston » Fri Sep 17, 2010 12:20 pm

Up 7% now. Make sense or not ?
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