KLSE: SPRITZER (7103)       SPRITZER BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
1.89   0.00 (0.00%)  1.88 - 1.95  35,900
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Market Cap: 397 Million
NOSH: 210 Million
Avg Volume (4 weeks):36,688
4 Weeks Range:1.87 - 2.04
4 Weeks Price Volatility (%):
52 Weeks Range:1.70 - 2.28
52 Weeks Price Volatility (%):
Average Price Target: 2.25
Price Target Upside/Downside: +0.36
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  25-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  26-Feb-2021
T4Q P/E | EY: 14.31  |  6.99%
T4Q DY | Payout %: 2.38%  |  34.07%
T4Q NAPS | P/NAPS: 2.0434  |  0.92
T4Q NP Margin | ROE: 8.59%  |  6.46%


Date Subject
11-Jan-2021 [TRV] SPRITZER – Malaysia’s leading bottled water brand
26-Nov-2020 Spritzer Berhad - Positive Surprise From 3QFY20
09-Oct-2020 [转贴] [SPRITZER BHD:销售收入减少是由于MCO和CMCO期间的销量大幅下降。这集团90%以上的收入来自瓶装水的销售,瓶装水是消费品,在MCO和CMCO期间需求大幅下降] - James的股票投资James Share Investing
07-Sep-2020 Spritzer Berhad - Sales Boost Expected From Water Disruption
27-Aug-2020 Spritzer - Swifter Than Expected Recovery
25-Jun-2020 Spritzer - Expect Soft Demand as People Stay in
25-Jun-2020 Spritzer Bhd - Brace For A Softer 2Q
29-Apr-2020 E&E players laud govt decision
25-Apr-2020 [转贴] 马来西亚瓶装水行业先驱和行业的领导者 『必胜 SPRITZER BERHAD』- E.E. CAMERON
20-Apr-2020 AEON Co. (M) Bhd - MCO Shakes Retail Landscape
28-Feb-2020 Investment Strategy - The Doctor Dispenses
27-Feb-2020 Spritzer - Lower Raw Material Cost Continues to Drive Earnings
27-Feb-2020 Spritzer - A Stronger FY19

Business Background

Spritzer Bhd is engaged in the manufacturing and selling of a range of bottled water products. The company operates through three segments. Its Manufacturing segment is involved in the manufacture of natural mineral water, carbonated flavored water, distilled water, drinking water, non-carbonated flavored water, polyethylene terephthalate preforms and bottles, caps, and toothbrushes. The Trading segment is into the trading of bottled water and other consumer products. Its Other segment comprises of the recreational park, investment, and properties holding. The company offers SPRITZER brand of natural mineral water. Its products include Spritzer natural mineral water, Spritzer dispenser series, Spritzer love limited edition, Spritzer tinge, and Spritzer pop.
Trade this stock for as low as 0.05% brokerage. Find out more.

  choonliang1987 likes this.
LYL1 ha ha just ESOS sell out, cause their employee need money
14/06/2016 10:43 PM
LYL1 company still strong, cause still earn a lot of money
14/06/2016 10:43 PM
RainT Sales and profit grow every year since 2012 until now.
Water is important basic needs.
So this counter still a good counter to contimue hold
16/06/2016 6:52 PM
RainT 4th quarter result out
5.5cents dividend
28/07/2016 10:29 PM
Alex Tan http://www.valueinvestingstock.com/single-post/2016/05/12/What-I-Learned-From-Spritzers-Factory-Visit-1
04/08/2016 10:57 PM
Gainvestor http://gainvestor10sai.blogspot.my/2016/08/yeelee-little-red-riding-bull.html
YEELEE - Little RED-Riding-BULL
15/08/2016 1:10 AM
moneySIFU Drink Cactus also can, it's also product of Spritzer, cheaper.

Posted by da4444 > Jun 3, 2016 04:24 PM | Report Abuse
Thanks guys for info. Drink more spritzer ya ;)
15/08/2016 1:42 AM
gaban88 hot weather org minum byk air....x cukup bajet nk bli spritzer....one day i will buy..
01/09/2016 9:39 PM
Mgician collection mode ..
12/10/2016 4:59 PM
RainT Wait drop more
Then only collect
13/11/2016 10:54 PM
Wawai Samah collect =)
24/01/2017 6:45 PM
necro gg
20/02/2017 9:31 AM
wan7075 adui, why spritzer latest qr so poor?
27/02/2017 7:09 PM
峰中奇缘 Mineral water producer Spritzer Bhd announced that FMR LLC, part of United States-based Fidelity Investments, has emerged as a substantial shareholder after it acquired 38,100 shares in the open market.
This boosted FMR's holdings in Spritzer to 9.25 million shares, equivalent to a 5.07% stake. FMR's share acquisition in Spritzer was part of a simple portfolio of investments, the company said.
Headquartered in Boston, Fidelity Investments is the fourth largest mutual fund in the world, with presence in eight other countries across North America, Europe, Asia and Australia.
14/03/2017 11:08 PM
gnail Result so poor because it is result for one month only
20/04/2017 9:32 AM
Peggy Method More info.

03/05/2017 11:42 AM
i3longterminvest Anyone got read about spritzer from this blog?

25/07/2017 11:45 PM
limkokthye 2 bottle mineral water spritzer 500ml as dividen
26/08/2017 11:19 AM
amsterdam monday sure down,
new share private placement 27 million (15%)
22/09/2017 11:12 AM
necro free money but effect only seen after 5years
23/09/2017 12:03 AM
GalGunAmmo Uptrend with increasing price and volume. Interesting.
06/11/2017 4:33 AM
rumblexxa high liquidity with spritzer?
28/01/2018 4:49 PM
michellebee7 Spritzer 2.32 today
21/08/2018 7:45 PM
johnbrooks I thought spritzer very big company.... Share not liquid at all..
10/01/2019 11:19 AM
Varcity Greetings, VarCity will be visiting three listed companies during our Engage & Exchange #3 session. You can now ask questions to the management of Spritzer via VarCity. Kindly post the questions in the poll and get a feedback from the management.

09/02/2019 11:43 PM
Varcity Value Investing Idea #3 - Spritzer Berhad (7103) - https://www.youtube.com/watch?v=oX5JMyYPg48
18/02/2019 12:39 AM
novice2017 Yee lee delisting, would it affect Spritzer?
26/04/2019 2:53 PM
James Ng https://klse.i3investor.com/blogs/general/217082.jsp
[转贴] [SPRITZER BHD:随着2019年7月实施糖税,瓶装水的消费量可能会有所改善] - James的股票投资James Share Investing
29/07/2019 9:09 AM
Jeffreyteck This is among one of the few where price is quite stable.
31/07/2019 11:59 AM
Up_down Spritzer's ASRS warehouse worth RM 45 million will be completing at the end of 2019. It would certainly increase the efficiency of the operation and reduction of warehousing costs after putting into operation. Low resin price is another good factor to contribute higher margin.
17/09/2019 4:07 PM
steven_c Has the exercise for Yee Lee privatization failed? I wonder if management will consider privatizing Spritzer instead? Liquidity is very low (few hundred units of transaction volume), dividend yield is very low (roughly 1.5%), no news written about management's vision to motivate the shareholders, thus, appeal to investors are almost non-existent other than Yee Lee themselves.
19/09/2019 3:55 PM
RainT failed already
19/09/2019 3:59 PM
Up_down Insufficient publicity is the main factor resulting shares traded at low liquidity but earnings would ultimately be the main drive to direct the movement of share price. Spritzer is considered involving in FMCG business so any positive news in reporting better earnings would attract investors to join the boat.

Low dividend yield is due to high capital expenditure in ASRS warehouse and working capital. The funds for expansion came from private placement 2 years.

Posted by steven_c > Sep 19, 2019 3:55 PM | Report Abuse

Has the exercise for Yee Lee privatization failed? I wonder if management will consider privatizing Spritzer instead? Liquidity is very low (few hundred units of transaction volume), dividend yield is very low (roughly 1.5%), no news written about management's vision to motivate the shareholders, thus, appeal to investors are almost non-existent other than Yee Lee themselves.
20/09/2019 9:25 AM
Up_down ASRS warehouse is nothing new in Malaysia. It was actually brought in Malaysia by a Korean more than 20 years. It was not widely adopted but time changes fast due to escalating labor costs, maintenance of forklift and fuel consumption. More important is the system allows accuracy in maintaining automatic stock records and minimize overstocking and obsolete stocks. Every item in the warehouse can be track in terms of location and the time of storage. It’s almost alike automatic storage of cars in the racking system. I am quite impressed with Spritzer to spend so much money to improve its business automation which would greatly increase its warehousing efficiency.
20/09/2019 11:00 AM
steven_c Hi RainT, thanks so much for the info.
24/09/2019 10:07 AM
steven_c Hi Up_down, I see, that makes sense now on the low dividend yields. Yes, their business fundamentals are strong which is the original reason in invested in them. However, I do have my concerns now due to the thinly traded volume over the past years. Hopefully, senior mgmt engage more in publicizing the company to reverse this trend.

Thanks for the info, Up_down
24/09/2019 10:13 AM
Up_down Raw material consumption represents about 46% of Turnover in year 2018. There's a big portion consisted of plastic packaging material. Spritzer has its own production lines to produce plastic bottles. Therefore, gross margin is expected to improve from enjoying reduction of resin prices.
25/09/2019 12:18 PM
Up_down Great QR. As expected gross margin improvement from the reduction of resin raw materials prices. Expecting another better QR next year.
27/11/2019 6:24 PM
focusinvesting The company has a good potential for growth with a strong balance sheet but the company is not shareholder friendly so be careful when investing.
15/05/2020 7:01 AM
zen_2k Would steer clear after knowing Yee Lee's case
04/08/2020 7:58 PM
JohnFarmer458 Selangor no water , many rushing to buy mineral water for home and business . Spritzer demand is high many places sold out
04/09/2020 10:29 PM
Jeffreyteck When rakyat is worrying about water supply, we have excellent ministers talking about laws amendment to impose heavier penalties which is after event. How about preventive measures, role of various authorities in carrying out preventive measures, of course including possible corruption, etc??? Really lol.
05/09/2020 4:43 PM
Jeffreyteck Water pollution: Suhakam calls for effective enforcement... lololol.
06/09/2020 9:57 PM
speakup spritzer going to report explosive results next Q due to water cut in klang valley.
07/09/2020 2:33 PM
keithtrade Price going down after good news ?
14/09/2020 9:11 PM
James Ng https://klse.i3investor.com/blogs/general/2020-10-09-story-h1534554245.jsp
[转贴] [SPRITZER BHD:销售收入减少是由于MCO和CMCO期间的销量大幅下降。这集团90%以上的收入来自瓶装水的销售,瓶装水是消费品,在MCO和CMCO期间需求大幅下降] - James的股票投资James Share Investing
09/10/2020 9:04 AM
ch Why directors keep buy back? Good news ahead?
04/12/2020 12:17 PM
novice2017 any idea why suddenly up to 2.20?
04/12/2020 2:45 PM
Woolei Privatize again?
04/12/2020 3:15 PM
keithtrade Something is brewing!
04/12/2020 5:49 PM

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