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Sunday, 29 June 2014

Cash - Closing Status 27 June

Invested into CM Pacific 1 lot in this week as part of usual and active Cash stock holdings re-balancing.  For its 1Q2014 financial results, revenue +6% driven by the revenue growth from Yongtaiwen Expressway which accounted for 80% of its revenue.  Profit +14% driven by higher profit contribution from its toll road assets and the recognition of deferred income and effective interest income on compensation receivable from the relocation of certain toll stations along the Guihuang Highway. This was partly offset by higher finance costs and withholding tax and lower exchange gain.

Invested into Super Group 2 lots in this week as part of usual and active Cash stock holdings re-balancing.  For its 1Q2014 financial results, revenue -6% due mainly to lower branded consumer and food ingredient sales. Gross profit margin +1% due mainly to effective costs management.  Selling and distribution expenses +1% as it continued to step up its advertising and promotional campaigns.  The end of the amortization of deferred gain, together with higher administrative expenses incurred for the Group’s expanded production facilities, resulted in general and administrative expenses +11%.  Profit -19%.  Thailand is a key branded consumer markets, the civil unrest in Thailand has an adverse impact on its businesses.   It will closely monitor the development in Thailand and will take appropriate actions to mitigate the impact on its businesses.  Raw material costs and currency fluctuations will affect its operating performance, and it expects market conditions to remain competitive in the next twelve months.
Revenue decreased 6% YoY to S$124.6m mainly due to slower Branded Consumer and Food Ingredients sales - See more at: http://www.supergroupltd.com/investors-results/#sthash.r2R2m2B3.dpuf
Revenue decreased 6% YoY to S$124.6m mainly due to slower Branded Consumer and Food Ingredients sales - See more at: http://www.supergroupltd.com/investors-results/#sthash.r2R2m2B3.dpuf


Cash stock holdings walk since previous posting :-

+$9,850 Total Returns as of 20 June

+$6 Unrealised positions improved

+$9,855 Total Returns as of 27 June

Previous posting :- Cash - Closing Status 20 June

Remarks :- Profits locked in to-date $17,005 / year 2014 $5,512

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