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

divads
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10 years 1 month ago - 10 years 1 month ago #19385 by divads

Replied by divads on topic Del Monte Pacific: After Del Monte USA.. good prospect

Working with Michelle Obama will raise the profile of Del Monte in USA even further..

abcnews.go.com/blogs/politics/2014/03/da...-health-initiatives/

www.prnewswire.com/news-releases/del-mon...esity-250315481.html

About Del Monte Foods
Del Monte Foods is one of the country's largest and most well-known producers, distributors and marketers of premium quality, branded food products for the U.S. retail market, generating approximately $1.8 billion in net sales in fiscal 2013. With a powerful portfolio of brands, Del Monte products are found in six out of ten U.S. households. Brands include Del Monte®, Contadina®, S&W®, College Inn® and other brand names. The Company also produces and distributes private label food products. For more information on Del Monte Foods, visit the Company's website at www.delmontefoods.com .

Looks like if they can penetrate more households, schools with more products especially parents or school buying for children.. potential for huge revenue

Last edit: 10 years 1 month ago by divads.

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divads
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10 years 1 month ago #19393 by divads

Replied by divads on topic Del Monte Pacific: After Del Monte USA.. good prospect

short term the price will be stagnant.. 52 weeks closing low was around 58 cents..

They will be changing their financial mth end to April to coincide with USA side. So the next reporting Q4/14 will be May-June and includes USA side's profit. But there is a one-time last charge of $6millon for the acquisition.

Then around May-June will also be the rights issue. The right issue pricing will depend on how the parent company Del Monte Pacific think the share is worth actually.

Then Q1/15 results (results for May, June and July 2014) will be a whole new financial reporting without anymore one-time charges and fully incorporates USA side profit. So around Aug-Sept, Q1/15 will be announced with improved profits due to no more one-time charges finally and profits from USA. Thus u will see price starts to go up at around June-July when the rights issue is completed as ppl expect better profits due to USA side.

Since 80% of the revenue will be from USA, I suspect they may list Del Monte Foods in USA ... Or may attract acquisition interest from 3rd party as Del Monte Foods (USA) is a major brand in USA and with emphasis on healthy eating in USA, Del Monte Foods shd be a good buy at the current level.

We shd see if my analysis is accurate.. TP: 90 cents by around July-September this year...

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Joes
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10 years 1 month ago #19405 by Joes

Replied by Joes on topic Del Monte Pacific: After Del Monte USA.. good prospect

Thanks divads27. U hv been zhun on a no. of stocks so I will take up yr tip.

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divads
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10 years 1 month ago #19411 by divads

Replied by divads on topic Del Monte Pacific: After Del Monte USA.. good prospect

Joes wrote: Thanks divads27. U hv been zhun on a no. of stocks so I will take up yr tip.

wow.. did u buy ?? today went up to 63 cents

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GEO
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10 years 1 month ago #19414 by GEO

Replied by GEO on topic Del Monte Pacific: After Del Monte USA.. good prospect

There could also be a possible scenario where price will be pushed up significantly and rights call followed up. (Shareholders may hope for an attractive deep discount price perhaps like $0.30 rights or company hoping to get a higher price for the rights to get bigger proceeds to pare down debts).

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divads
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10 years 1 month ago #19415 by divads

Replied by divads on topic Del Monte Pacific: After Del Monte USA.. good prospect

Fake buy queues just now at 64 cents... I think this round is the Big Boys pushing and not genuine buying .. so taken profit and wait for the next round to load.

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