Cargils to become food & beverage sector conglomerate

salt · 1 Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 1:54 pm

salt

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Cargils to become food & beverage sector conglomerate

Cargils is on an acquisition drive. It has already become a F&B conglomerate.
One of the best stocks with very bright future. They are the no one of organize retailing, way above the close competitor.
With recent acquisition in FMCG, food and beverage sector, they have consolidated as the largest F&B conglomerate.

Valuation
I haven’t looked at the numbers closely yet. But, on the naked eye, its future looks bright.

Gaja

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First

Kotmale Holding

Then

Dinana Biscuits

and Now

Three Coins

so next any guess

salt

salt

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They have a nice portfolio

They are no 2 spot in ice cream. With Kotmale , they offers a wide range of products in the dairy. They have islandwide reach. None of the other producers ( except CCC - they have yet to get thing in order) have this advantage

Busicut sector ahs lots of potential...with duopoly.

They have islandwide reach. That's they in FMCG marketing.

Beer segment was a vertual monopoly. they should bring couple of international brands. CARG is doing exactly what they supposed to do. I don't see anyof the other companies ( incl. HHL) doing something to expand their core competencies. Excellant long term call..

mono

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ROCKLAND

mono

mono

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I hope they make 3 coins drinkable Rolling Eyes

salt

salt

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WMM is too strugging.... tough to compete on hard alcoholic beverages

mono

mono

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wmm?

Gaja

Gaja

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r u referring W.M Mendis & Co, dear friend

KDS

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Gaja seems to be expert on drinks ?!?
...Lol...

Anyhow i think they can look in to sector such as soft drinks, detergent, rice products. Potential companies may be My cola, smak, Harischandra, Swadeshi ?

mono

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mendis & rockland are different

mendis is for seeya types

Gaja

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so mendis is suit for your age mono

mono

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Gaja wrote:so mendis is suit for your age mono

i'm young at heart so i drink rockland

Gaja

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i refer your age

mono

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Gaja wrote:i refer your age

i got it. that's why i said despite my age, i'm young at heart. so i drink Rockland, which is what all the kids drink thesedays

KDS

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mono ur 89, so mendis may suit u
drunken

wis

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CARG is a good company. But isn't the price too expensive for a food and beverage company?
I think it's going at 40-50 PE ratio at the moment.

mono

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wis wrote:CARG is a good company. But isn't the price too expensive for a food and beverage company?
I think it's going at 40-50 PE ratio at the moment.

This is a share for the long haul. 1-2 years. But remember this is a premium company, so they can operate at much higher PE's that the smaller lesser known one's. look at SPEN & JKH

KDS

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dont go by the PE and PBV only.

salt

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CARG deserve premium valuation and earninga from the recent acquisitions + synergies should be reflected in forcasted earnings. Our problem is none of these brokers do continous updates of companies. What we see in internatioanl markets , soon after corporate announcements /actions, they generally come up with new forectas. Our brokers are only interested in making the buck and talking nonsence. This industry is full lethergic individuals with good papar qualifications, hardly find any professional.

Gaja

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how do they going to finance the purchases, are the any possibility of Right Issue

Gaja

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salt wrote:CARG deserve premium valuation and earninga from the recent acquisitions + synergies should be reflected in forcasted earnings. Our problem is none of these brokers do continous updates of companies. What we see in internatioanl markets , soon after corporate announcements /actions, they generally come up with new forectas. Our brokers are only interested in making the buck and talking nonsence. This industry is full lethergic individuals with good papar qualifications, hardly find any professional.

Let me know which broker normally publish their research reports openly and used to update that list

salt

salt

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Nobody does here. There is no such practice. They are worried only about the buck they make - thats good for them - everybody play in the dark.

salt

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Its idle time for debt finance since the rates are low. No idea whether they may go for an issue. need to find more details.

Gaja

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if i am not mistaken they already paid the money for all three acquisitions, i think this they fund it by way of debt capital, anyway i am waiting to see the dec quarter results to check the financial position, also they will go further on acquisition's ( this is only opinion by seeing their few months actions ). so will try to find out what they are going to target and how they going to finance

Gaja

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These are the major expenses incurred or going to incur by the Cargills after 01.10.2010, on other than their ordinary course of business

Dividend Payment Date 07.02.2010 224,000,000 shares at cents 50 each will lead to an outflow of Rs. 112 Million SLR

As per the announcement made today with regard to purchase of McCallum Breweries Rs. 1,425 Million SLR,

On the purchase of Dinana Biscuits ( 24.11.2010 ) Rs. 350 Million SLR

Approximately Rs. 922 Million SLR on Kotmale Holdings Purchase & another Rs. 112 Mn SLR payable on acceptance made by other shareholders

Not sure whether they will acquire more in the future, so i am interesting to see their 31.12.2010 financial to check their Available cash balances & borrowing

All the members comments will be appreciated

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Cargils to become food & beverage sector conglomerate

1 Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 1:54 pm

salt

2 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 2:24 pm

Gaja

3 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 2:35 pm

salt

4 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 2:35 pm

mono

5 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 2:37 pm

mono

6 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 2:38 pm

salt

7 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 2:44 pm

mono

8 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 2:54 pm

Gaja

9 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:00 pm

KDS

10 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:03 pm

mono

11 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:05 pm

Gaja

12 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:08 pm

mono

13 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:09 pm

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14 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:13 pm

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15 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:15 pm

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16 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:24 pm

wis

17 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:27 pm

mono

18 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:31 pm

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19 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:45 pm

salt

20 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:45 pm

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21 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:49 pm

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22 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:53 pm

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23 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 3:55 pm

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24 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 7:04 pm

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25 Re: Cargils to become food & beverage sector conglomerate Tue Feb 08, 2011 8:00 pm

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