Del Monte Pacific: After Del Monte USA.. good prospect

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10 years 3 months ago - 10 years 3 months ago #19140 by divads
went to Indonesia.. discover that Del Monte brand is famous there. I bought titbits, the chilli inside is Del Monte USA.

So if Del Monte Pacific completes the Del Monte USA acquisition on 18 Feb , it will have a strong hold on the 2 most populous countries in ASEAN, philippine and Indonesia.

Last edit: 10 years 3 months ago by divads.

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10 years 3 months ago #19156 by divads
infopub.sgx.com/FileOpen/DMPL-ClosingAnn...cement&FileID=275125


Del Monte completes the acquisition.

DEL MONTE PACIFIC LIMITED COMPLETES PURCHASE OF
THE CONSUMER FOOD BUSINESS OF DEL MONTE
CORPORATION FOR US$1.675 BILLION

ACQUISITION TRANSFORMS DMPL INTO A GLOBAL BRANDED FOOD AND BEVERAGE COMPANY WITH SALES OF US$2.3 BILLION
• Increases DMPL sales by more than four times
• Includes iconic U.S. brands Del Monte, Contadina, S&W and College Inn
• Adds leading U.S. canned fruit, vegetable, tomato and broth businesses
• Provides strong platform to access the world’s biggest consumer market

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10 years 2 months ago #19242 by divads

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10 years 2 months ago #19256 by divads
As mentioned in it's recent financial report, Del Monte Pacific is going to change it's financial year end to April inline with Del Monte Food USA. It expects FY15 earnings to improve due to costs synergies with the Del Monte FOOD USA and perhaps introduction of new products in the US.
www.nextinsight.net/index.php/story-arch...hat-analysts-now-say

I found out that Del Monte Food USA in Mar 2013, announced result for Q3/FY13. Below is the link.
files.shareholder.com/downloads/DLM/2988...e_vs_Final_Clean.pdf

So by some calculation, it means in around late Aug or early September 2014, Del Monte Pacific will release the results for Q1/FY15 as Del Monte Pacific changes it's financial year end to April.

Meaning those who have holding power of at least 6 mths, now is the chance to buy Del Monte Pacific. :) And there may be a right issue coming, so chance to subscribe more shares..


The above just my personal view... I'm vested.

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10 years 2 months ago #19346 by divads
www.businesstimes.com.sg/premium/compani...l-cap-index-20140308

Singapore

NINE stocks will be added to the FTSE ST Small Cap Index, the largest capitalised of which represent stocks with a regional focus or in the energy, offshore marine and real estate investment trust (Reit) sectors.

The nine stocks are Del Monte Pacific, Linc Energy, Pacific Radiance, OUE Commercial Reit, Soilbuild Business Space Reit, Centurion, OKH Global, Zhongmin Baihui Retail Group and Riverstone Holdings. The additions take effect on March 24.

But 15 stocks will be excluded which means the number of constituents will fall to 107 from 113.

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10 years 2 months ago - 10 years 2 months ago #19384 by divads
www.news-medical.net/news/20140314/Del-M...-obesity-crisis.aspx

www.digitaljournal.com/pr/1791309

Del Monte Foods announced today it has joined the Partnership for a Healthier America (PHA), which works with the private sector and PHA Honorary Chair First Lady Michelle Obama to end the childhood obesity crisis, in a five-year commitment to help increase fruit and vegetable consumption among children. The commitment includes substantial investments in marketing and new product innovation that builds on Del Monte's long-standing commitment to developing healthy, great tasting products, and providing helpful, nutritious meal planning resources for busy parents.

"Providing access to great tasting, nutritious foods and making it easy for parents to incorporate them in meals throughout the day are fundamental steps to improving the health of our nation's children," said PHA CEO Lawrence A. Soler. "I'm proud that Del Monte Foods will be working with PHA to make its healthiest items even more accessible to American families."

"We are honored to join PHA and contribute to the health and well-being of our nation's children and their families," said Richard Blossom, senior vice president for Del Monte Foods. "We believe that better health and nutrition can be attained by filling half your plate with fruits and vegetables at every meal, every day. Through a variety of initiatives we will deliver this message in ways that will engage, educate, and inspire parents and kids to turn these words into action."
Last edit: 10 years 2 months ago by divads.

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