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Sino Grandness - a growth stock with low PE
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bsiong
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02-Jan-2011 12:07
Yells: "The Greatest Wealth is Health" |
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COMPANY OVERVIEWSino Grandness Food Industry Group Limited, an investment holding company, engages in the manufacture and sale of canned vegetables and fruits primarily in the People’s Republic of China. The company’s canned vegetables and fruits comprise mandarin oranges, litchis, pears, pineapples, asparagus, green beans, mushrooms, water chestnuts, sweet corns, yellow peaches, white peaches, and apples. It also offers vegetable, fruit, and herbal beverages. The company sells its products through distributors and retailers. It operates primarily in Europe, the United States, and China. Sino Grandness Food Industry Group Limited was founded in 1997 and is headquartered in Shenzhen, the People’s Republic of China. Unit 2115-2120 21st Floor Tower B Southern International Plaza No 3013 Yitian Road Futian District Shenzhen, 518000 China |
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crclk15
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23-Oct-2010 12:06
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Some interesting points on Sino Grandness - Consensus TP: $0.51, dividend yield of 5%, representing total potential return of 25% - FY10 results likely to meet analyst targets, representing approx 35% and 45% year on year growth in revenue and net profit. - the own-branded newly developed beverage products seem to bear some promise. Likely to generate stronger sales in 2HFY10, post the signing of the distributorship agreements. Do visit my blog for more details on Sino Grandness http://ernestlim15.blogspot.com/2010/10/sino-grandness-growth-stock-with-low-pe.html. I can be contacted at crclk@yahoo.com.sg Have a haze free weekend! |
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