Kraft Heinz KHC (former Kraft Foods)

Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Mon Feb 25, 2019 7:47 pm

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Kraft Heinz hires banker to review possible sale of Maxwell House coffee business -CNBC

The coffee business has about $400 million in earnings before interest, taxes, depreciation and amortization and could attract a price of at least $3 billion in a sale, the sources, who were not identified, told CNBC.

Brazil's buyout fund 3G Capital and Warren Buffett's Berkshire Hathaway Inc together own more than 50 percent of Kraft Heinz.


Source: Reuters

https://finance.yahoo.com/news/kraft-he ... 50100.html
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Mon Feb 25, 2019 9:54 pm

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Kraft Heinz Stock Could Face More Downgrades

By Adrian Stevens

J.P. Morgan downgraded Kraft Heinz stock to “neutral” from “overweight” and lowered its target price 29% to $37.

Deutsche Bank downgraded Kraft Heinz stock to “hold” from “buy.”

More competition from private label products, increased costs, and promotional spending to increase the demand could hurt the company’s sales and profitability.

Among the 22 analysts covering Kraft Heinz stock, 12 recommended a “buy,” six recommended a “hold,” and four recommended a “sell”.

Analysts have a consensus target price of $55.89 per share on Kraft Heinz, which could decline.


Source: Market Realist

https://marketrealist.com/2019/02/kraft ... yptr=yahoo
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Wed Feb 27, 2019 2:14 pm

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Jim Cramer: Kraft Heinz Is Setting Off My Baloney Meter

A company needs both sales and profit growth, and Kraft Heinz isn't going to give you either on a sustainable basis.

By JIM CRAMER

Warren Buffett owns almost 27% of it.

You have the unholy trinity of:-
1. the need to support brands
2. your raw costs are going up and
3. the consumer is turning against you




Source: The Street

https://realmoney.thestreet.com/investi ... yptr=yahoo
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Wed Feb 27, 2019 10:30 pm

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Kraft Heinz: The Biggest Risk

Feb. 26, 2019


Summary

Kraft Heinz was slashed by one-third in three days.

Will the company lose its investment-grade credit rating?

As of December 30, 2017, 87 percent of the company's total assets were comprised of goodwill and intangible assets and following the recent impairment charges related to goodwill and intangible assets, the ratio had dropped to 83 percent as of December 29, 2018.

As of December 29, 2018, the company's total debt balance exceeded $31 billion, and the company has not been able to de-lever its balance sheet as planned despite aggressively cutting costs since the merger.

The company's total debt is nearly twice as large as its tangible assets.


Source: Seeking Alpha

https://seekingalpha.com/article/424442 ... ngcom_feed
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby investar » Thu Feb 28, 2019 4:30 am

new low again, 32$ now. Will it go below 30?
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Thu Feb 28, 2019 10:40 pm

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Kraft Heinz Takes A Beating, Now We Need To Look Beyond

by Zoltan Ban

Summary

The massive write-down of Kraft Heinz assets produced a massive loss for the fourth quarter and for 2018 as a whole, erasing about a third of company's market cap.

For investors stuck with the loss, it makes little sense to sell now after the flush-out of bad news, because the damage is already done.

For myself, I still see decent odds of my trade turning positive within five years, but gains will be well below my initial expectations.

Source: Seeking Alpha

https://seekingalpha.com/article/424477 ... ngcom_feed
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Fri Mar 01, 2019 5:34 pm

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7 Reasons Kraft Heinz Stock Is a Contrarian Buy

by Will Ashworth

1. Warren Buffett
2. 3G Exit
3. New CEO
4. Reversion to the Mean
5. Divestitures
6. Acquisitions
7. Reinvest in Business


Source: Investor Place

https://finance.yahoo.com/news/7-reason ... 11673.html
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Sat Mar 02, 2019 9:39 pm

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Warren Buffett Hung On to Kraft Heinz Stock. Here’s How to Handle Your Shares.

By Steven M. Sears

Source: Barron's

https://www.barrons.com/articles/warren ... 20Magazine
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Mon Mar 04, 2019 8:28 pm

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The Big Number That Explains Kraft Heinz's Big Collapse

By SHAWN TULLY

The best yardstick is a metric called Economic Value Added (or EVA).

And the EVA numbers show an absolutely shocking deterioration over the past three years.


In 2016, the first full year following the Kraft-Heinz merger, it generated a positive $305 million in EVA, equal to 1.1% of sales.

But by 2018, economic profit dropped to a minus $605 million, a swing of $910 million, to -2.3% of revenues.

From the period starting in 2015, when EVA was also strongly positive, only one in six U.S. food and beverage companies performed worse, measured by the 3-year trend of EVA as a share of sales.


Kraft Heinz’s EVA went the wrong way due to a confluence of three negatives.
1. Kraft Heinz couldn’t grow the top line
2. Cost-cutting got swamped by falling margins
3. Big spending on capex, but no returns


Source: The Fortune

http://fortune.com/2019/02/28/kraft-hei ... ofits-eva/
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Mon Mar 04, 2019 8:34 pm

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Big Play Of Warren Buffett And 3G Capital For Kraft Heinz

Mar. 1, 2019


Summary

Krupa Global Investments, as shareholders of Kraft Heinz, feel that Warren Buffett and 3G Capital are starting an interesting maneuver around KHC.

We see huge parallel here between AmTrust and Kraft Heinz.

We think that this is finally an opportunity for a potential win-win scenario for Buffett, 3G, and Kraft Heinz investors.

There was no profit warning, their statements during the Q3 2018 earnings release were mainly positive regarding their outlook and they said they did not believe additional marketing and other costs will occur in Q4.

Based on our experience, this procedure is typical when management and the largest shareholders want to take a company private at a higher valuation.


Source: Seeking Alpha

https://seekingalpha.com/article/424582 ... ngcom_feed
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