Youcan Foods International

Youcan Foods International

Postby winston » Mon Jul 28, 2008 8:51 am

Not vested.

Youcan Foods International - Youcan Foods issued a profit warning and said it does not expect the first half of 2008 ended June 30 to be profitable due to rising raw material costs and operating expenses.
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Re: Youcan Foods International

Postby helios » Mon Jul 28, 2008 9:31 am

interesting.

last time, i read that YHS has a stake in it. Not sure what is e % now.

need to check or ask Jong.
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Re: Youcan Foods International

Postby helios » Mon Jul 28, 2008 10:38 am

YHS: 5% direct, 7.5% indirect thru' another vehicle ... (please check on this).

the direct stake, if i am not wrong, is invested since 2007.
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.
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Re: Youcan Foods International

Postby andyc » Tue Sep 16, 2008 10:14 am

Was jus browsing when I chanced upon this thread. Hope you guys dun mind...

Seriously, which company is not hit by rising CGS and soaring expenditures? By focusing on this, we are missing the whole picture: Turnover has been up 137% to Rmb271.7 million and gross margin is still double-digit at 21%.

Recently, Youcan has annouced a mandatory acquisition of their factory premises at Hangzhou. It is reported that Youcan will move to a newer and bigger premise. This is in line with the company's long-term plan. This counter is interesting for a couple of reasons:

- It is tapping into China's consumption (as the Chinese gets more affluent, they are moving away from traditional starch-based tit bits/food items and into milk and milk-based products). Potential is tremendous!

- There is direction (You know that they will grow their ice-cream business. Frozen food is just a 'tag along' because when consumption of ice-cream falls during the winter months, the freezers, cold rooms, etc. can be used for frozen food (dumplings) as well.

The only down 'down point' is the lack of trading interest. Basically, their 'anchors' are strategic investors not interested buying and selling. This has resulted in a lack of liquidity and marketability. Maybe something should be done to address this issue...
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Re: Youcan Foods International

Postby iam802 » Thu Oct 02, 2008 7:40 pm

News Release - Youcan to dispose existing inventory of ice cream in Singapore to assure all customers

http://info.sgx.com/webcorannc.nsf/ef3b ... enDocument
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Re: Youcan Foods International

Postby helios » Sun May 17, 2009 4:42 pm

this week TheEdge wrote about how deep shit this Co. has landed in; minority shareholders (Sam Goi, YHS, Macondray) voted against the acquisition of land/ factory ...

amusing :!:
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