Breadtalk (for discussion)

[789asd]

continue to eat your bread..

sausage roll

 

[Guisic]

It's on the rise

 

[789asd]

It's on the rise

the flour is raising

 

[Guisic]

RHB is maintaining its "buy" recommendation for BreadTalk Group with a target price of $1.45, despite store closures and the challenging operating environment in 2Q16.

According to RHB analyst Juliana Cai, BreadTalk's management says the rationalistion exercise for its food atrium division has largely been completed. The group had closed its Tianjin and Chengdu food courts during the quarter to June. The rationalisation exercise is expected to be completed by 2H2016.

 

[789asd]

RHB is maintaining its "buy" recommendation for BreadTalk Group with a target price of $1.45, despite store closures and the challenging operating environment in 2Q16.

According to RHB analyst Juliana Cai, BreadTalk's management says the rationalistion exercise for its food atrium division has largely been completed. The group had closed its Tianjin and Chengdu food courts during the quarter to June. The rationalisation exercise is expected to be completed by 2H2016.

Dont crust Juliana Cai or Guisic, they are not on a roll. Ciabatta away from breadtalk. You don’t want naan of that.

 

[Perisher]

Cant buy at 0.99... damn it...

Now you can.

Anyway, what happened? It has fallen a great deal, 52wk low now.
Dropped nearly 20%.

 

[sleepyhealer]

Feel like jiak bread

Sent from Kalos using GAGT

 

[starfish.starfish]

Dont crust Juliana Cai or Guisic, they are not on a roll. Ciabatta away from breadtalk. You don’t want naan of that.

No butter them up huh! Kekekeke

 

[Perisher]

Feel like jiak bread

Sent from Kalos using GAGT

Same same, waiting for other to chip in their opinions.

 

[chowck]

Now you can.

Anyway, what happened? It has fallen a great deal, 52wk low now.
Dropped nearly 20%.

You sure 52wk low or not? I saw 69ct as lowest.

Anyway, PE extremely high, margin also being squeezed, revenues hv been flatish.

Might as well look for other F&B counters better. What abt OCK?

 

[Perisher]

You sure 52wk low or not? I saw 69ct as lowest.

Anyway, PE extremely high, margin also being squeezed, revenues hv been flatish.

Might as well look for other F&B counters better. What abt OCK?

I think that one is intra-day low?
I look at the chart and it shows in both yahoo and google as $1 is near 52wk low already. Nothing below that on the chart.

 

[Wood41]

Bread cannot Talk now it has dropped.

 

[Layers]

Think only Tdf making $

Sent from Sony E6853 using GAGT

 

[Perisher]

Think only Tdf making $

Sent from Sony E6853 using GAGT

Maybe one day they would IPO DTF.

 

[RookieTrader]

Breadtalk's result is impressive. DTF index doesn't lie.

 

[Layers]

Only thing Saving them from dropping in profit is other income. Which increase by 10million. Minus that n they are making much lesser profit 3q 2016.

Top n bot line dropping doesn't look gd

Sent from Sony E6853 using GAGT

 

[dolph001]

Maybe one day they would IPO DTF.

DTF is not theirs.
BreadTalk is the master frachisor in SG and Thailand only.
Msia DTF is not under BreadTalk.

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...-222-on-fivefold-increase-in-core-fb-earnings
Mon, Nov 06, 2017 - 8:06 AM
BreadTalk Q3 profit up 22.2% on fivefold increase in core F&B earnings

BREADTALK Group announced a 22.2 per cent rise in third quarter net profit to S$4 million from a year ago on the strength of its core food & beverage business.
Revenue for the three months to Sept 30, 2017, dipped 2 per cent to S$154.3 million.
"Our core F&B net profit increased fivefold to S$12.1 million for Q3, signifying the underlying strength of BreadTalk Group's core businesses," it said in a pre-market filing on Monday (Nov 6).
Group revenue for first nine months declined 2.6 per cent year on year to S$449.5 million. But net profit surged to 139.5 per cent to S$16.8 million from S$7 million a year ago.
Excluding one-off items, core F&B business net profit for the nine months would have been S$12.1 million from S$2.4 million in the year-ago period.
Mainboard-listed BreadTalk said it remains in a good position to improve overall profitability and quality of earnings for FY2017.
Its dual pronged strategy of consolidating underperforming operations and focusing on high performing markets has proven to be effective, it added.
Its first Song Fa Bak Kut Teh outlet in Shanghai and first Din Tai Fung outlet in the UK are expected to open in 2018.
The board has recommended an interim dividend of 1 cent per share for the quarter, compared to none for the year-ago period. This will be paid to shareholders on Dec 21, 2017.

 

[Jupiter2017]

http://www.businesstimes.com.sg/companies-markets/breadtalks-unit-partners-japanese-trader-in-fb-jv
BreadTalk's unit partners Japanese trader in F&B JV
FRI, DEC 22, 2017 - 7:14 PM STEPHANIE LUO stephluo@sph.com.sg

BREADTALK Group Limited has, through its wholly-owned subsidiary, Together Inc Pte Ltd, established a joint venture agreement on Friday with Shinmei Co Ltd.
On Friday, a joint press release by BreadTalk and Shinmei said that the new agreement will form BTG-Shinmei Venture Pte Ltd, which will be 66 per cent and 34 per cent owned by Together Inc and Shinmei respectively, with trading and food & beverage being the two key areas of strategic partnership under the JV.
The proposed collaboration marks Shinmei's first foray into the Singapore market.
"Leveraging on Shinmei's 115 years of operating history and track record in the trading and wholesale of soft commodities and food products, BTG-Shinmei will oversee the sourcing, procurement and supply of key raw materials and ingredients, including but not limited to, flour, rice, sugar, dairy, seafood and product packaging to support the F&B operations of BreadTalk's group of companies globally," the two firms said.
The JV company may also potentially source and supply to third parties in future.
The investment is not expected to have any material impact on the earnings per share and net tangible assets of the company and the BreadTalk Group for the financial year ending Dec 31, 2017.
BreadTalk closed one Singapore cent higher at S$1.61 on Friday.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=5DA.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...nial-is-not-a-diversification-of-its-business
BreadTalk says latest JV with Perennial is not a diversification of its business
FRI, JAN 05, 2018 - 8:33 PM MARISSA LEE marilee@sph.com.sg

BREADTALK Group has clarified that its proposed investment alongside Perennial Real Estate in China does not represent a diversification of its business.
On Jan 3, BreadTalk said it would co-invest with a consortium of investors in a joint venture to develop healthcare integrated mixed-use developments connected to China's high-speed railway (HSR) stations.
The initial committed capital to the joint venture amounts to S$672.04 million and BreadTalk is investing S$33.6 million for a 5 per cent stake.
BreadTalk is making this investment with the intention to explore working with the healthcare players operating within these projects to meet their food and beverage needs, BreadTalk said on Friday in response to a query from the Singapore Exchange (SGX).
The SGX asked BreadTalk to clarify if its investment was considered to be a diversification of its business and if it should be subject to shareholders' approval.
BreadTalk's answer was no. It explained: "The group may set up food manufacturing operations within these developments to supply meals to the hospitals and eldercare facilities. Being a shareholder in the consortium of the proposed investment puts the group in a favourable position to have a first mover's advantage in working with the healthcare players that are planning to set up operations in the developments."
BreadTalk added that this business strategy is consistent throughout its several other investments with Perennial-led consortiums in the past.
These include a S$10 million investment in Katong Mall announced in November 2009, a S$18 million investment in CHIJMES announced in November 2011 and a S$34.65 million investment in Phase 1 and 2 of Beijing Tongzhou Integrated Development announced in April 2013.
BreadTalk shares fell two cents or 1.18 per cent to close at S$1.67 before its response to the SGX was posted after trading hours on Friday.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=5DA.SI