Gainvestorhttp://gainvestor10sai.blogspot.my/2017/03/yeelee-post-q4-2016-red-bull-drinking.html YEELEE - Post Q4 2016 Red Bull Drinking Ribena YEELEE posted highest revenue and net profit in 3 years. If compared FY15 and FY16, YEELEE's revenue and net profit improved by 32% and 39% respectively. Will the share price continue to break new high?
Beerbeer88wan7075 take this opportunity to consolidate more
Gainvestorbut, YEELEE very very slow woo... but its steady~ hope it can give more dividend in the future =P or every quarter give dividend =P =P
chankp7010Yee Lee QR good results were not noticed by investors. Investors' prefer to sell to take profit rather than wait for further upside in months to come. Why? Probable reason: they lack confidence in the Board and management to churn out more profit in coming quarters. Yee Lee made 23.78 cents per share but only declared 4.5 cents (last year 3.5 cents) giving only 1.77 yield that is even below FD 3%.
Beerbeer88Dividend might not be a good way to push the company forward. Get the business and profit increase, dividend is no longer a concern. A lot of stock that grow more than 50% a year is giving DY of less than 2%. Investors know well, the value of the company not only relying on the Dividend. 3-5% growth reflected on the share price is more satisfy than DY.
gohkimhockIf you want a company with good value, then this is the one. If you want to gamble then go for those penny counters.
chankp7010Just ask optimus9199 where you get the information concerning KYY already sold off Yee Lee shares?
riskabsorberKYY does not hold Yeelee, since this industry is totally new to him.
tradeviewKYY wasnt an investor of YeeLee. The information above is inaccurate. New post on yeelee https://klse.i3investor.com/blogs/tradeview/118584.jsp
InvesteyeAccumulated few more lots... It is almost a year holding few lots of YL and the share was up about 10% ( excluded dividend). The fundamental of this counter is good and it should be way better than many counters.
chankp7010May I say that insiders' action has motivated the share price of Yee Lee to move northward. More will be coming when the QR is released.
tradeviewstrong volume and largest one in 4 weeks signify buying either by funds / institution / significant investor. Broke downtrend line too. Which is good
lkwah86YEE LEE CORP BHD By UOBKayHian Research Buy (maintained) Target price: RM2.90 DESPITE discouraging Red Bull sales in 2016, UOBKayHian Research said it expected Yee Lee Corp Bhd’s trading segment to remain intact. In its published note, UOBKayHian said under the trading segment, the collective sales of all non-Red Bull products rose 12% year-on-year (y-o-y) in 2016. These products include Spritzer, cooking oil, Campbell soup and Old Town. Yee Lee’s consumer staples-focused business remains largely resilient, with earnings growth driven by the manufacturing division and improved efficiency in the aerosol can business. Yee Lee is currently trading at an undemanding 9.2 times 2018 forecast price-to-earnings (PE), but the research house maintained its ‘buy’ call and target price of RM2.90. It said despite near term softness in consumer sentiment, Yee Lee’s businesses remained intact. UOBKayHian said the weakening crude palm oil prices could create earnings upside due to the less-elastic selling prices of bottled cooking oil and vice versa. On Red Bull’s revenue, Yee Lee said it was positive on matching at least 2016’s revenue performance for 2017. “The company is taking measures to increase network coverage, which include a RM2mil investment in chillers. “Since the inclusion of Red Bull in its portfolio, Yee Lee added close to 10,000 new customers, bringing its client base to 40,000,” said UOBKayHian. The research house, adding that that it now estimated Yee Lee to achieve 3% y-o-y sales growth each in 2017 and 2018. Despite slower sales, PBT margin for Red Bull was intact at 6% to 7%. Apart from improved capacity and efficiency in Yee Lee’s aerosol can division, UOBKayHian expected the company’s sales growth in Vietnam to outpace Malaysia, given the country’s 100 million population.
Read more at http://www.thestar.com.my/business/business-news/2017/04/05/analyst-reports/#OLBo3bSiGWPQoWrG.99
tradeviewGood move today to break above RM2.60. May potentially start the next upleg.
Najib ZamryBought another 10K at 2.51 today. Good stock to buy when market is down. Waiting for 4.5 sen dividend to be announced soon.
startinvesting2017sorry just wondering, is Harrison a better buy at 25sen dividend or Yee Lee?