Earnings from Redbull has significantly improved the earning of Yeelee and will continue to propel the share price upwards. When will it happen, not sure, but Yeelee has a good future.
Agree with mjy, fundamentally it is very good stock, great improvement from trading segment (bulk of its earning), palm oil segment performance depends on season (El-Nino). Good long term investment. A boring, but slowly climbing stock.
Look at the new release quarter earning, EPS is 6.23cents, base on average same performance which is highly possible, full year earning will be 24.8cent, for food and beverage counter of 15PE, we can see the share price roar up to rm3.70/share. I am start accumulating this share stock before other people cooking up the stocks. Don't missed the boat guys!
Cina pek doing boring but profitable business, buy in such counters able to sleep well and require minimal monitoring. Downside is must be able to hold the share longer and have lots of patience
The price is not really over-hyped given its potential of earnings growth at least in next two quarters. Yeelee is currently traded at PER 11.6x, almost the lowest among consumer counters.
Yee Lee’s consumer staples-focused business remains largely intact but Red Bull sales volume may have eased yoy. Despite near-term softness in consumer sentiment, the company’s warehouse expansion plan suggests its confidence in the medium- to longer-term outlook. We like Yee Lee for its resilient business coupled with an undemanding 9x 2017F PE, particularly in the current volatile market. Maintain BUY.
I am banking on Red Bull business venture of Yee Lee, Yee Lee has delivered good results over last 2 Quarterly after taking into result of selling Red Bull products. If the profits are sustainable, the next 2Q results should see at least 40%-50% growth YOY, let's see if I am right then by this month
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jack888
857 posts
Posted by Jack888 > 2016-05-04 06:47 | Report Abuse
希望在明天...