Expecting a good qoq profit in near term with emerald brewery and strategic stake in Starbucks to show in upcoming quarterly results.
Vinamilk has also shown a resurgence in share prices after gaining a foothold in China market with a major rebranding exercise to cater to Chinese consumers.
Probably one of the best stock to hold right now in a risk off environment. Stable dividend counter operating in a consumer staple sector with clear catalysts on the horizon.
what is the the substantial ownership breakdown?
Reply to @MasterLeong : at current market cap...2.49bln. the 13% stake is roughly about 300m...I think they can easily do a 500m deal. $2.50....
But it's a bit like OCBC and Great Eastern too...you know it make sense...you don't know how long it will take though.
Expecting a good qoq profit in near term with emerald brewery and strategic stake in Starbucks to show in upcoming quarterly results.
Vinamilk has also shown a resurgence in share prices after gaining a foothold in China market with a major rebranding exercise to cater to Chinese consumers.
Probably one of the best stock to hold right now in a risk off environment. Stable dividend counter operating in a consumer staple sector with clear catalysts on the horizon.
Vested at 1.69 & 1.75.
Reply to @TheMAOZD : Vested. waiting the boat to left.
Spot on with your analysis. Easier to achieve 30% on this (with much lower risk) as opposed to chasing the hot names at the moment