FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» LOFC AND CLC Target Price??
by FS Today at 12:56 am

» DIPPED PRODUCTS PLC (DIPD.N0000)
by hammurabi Today at 12:28 am

» Asia/Capital Trust LLUB Target Price Rs 150..
by samansilva Yesterday at 11:37 pm

» COLOMBO LAND AND DEVELOPMENT COMPANY (CLND.N0000)
by Chathur Yesterday at 10:45 pm

» Exit EXPO Enter EDEN strategy broadened to Exit EXPO Enter LOLC GROUP
by Jay-Jay Yesterday at 10:04 pm

» Japanese money laundering via PABC Bank raise CB eye brows
by God Father Yesterday at 10:04 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by EPS Yesterday at 9:32 pm

» SOFT LOGIC CAPIEL
by Eranx Yesterday at 9:13 pm

» Short-term targets
by chandike73 Yesterday at 8:18 pm

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by madukp Yesterday at 6:36 pm

» LOFC LOFC LOFC
by Captain Yesterday at 2:53 pm

» Maharaja after long time
by Maharaja Yesterday at 9:36 am

» සිලෝන් LOLC හෝල්ඩින්ග්ස් (LOCH ) ඩිබෙන්චර්ස් දැක්මෙන් කියන අනාගතය
by Rational Investor Yesterday at 7:06 am

» Port City - Sri Lanka's Economic Trajectory
by Itzme Sun Sep 26, 2021 11:20 pm

» IMMINENT PRICE INCREASE OF TOKYO CEMENT AND MUCH AWAITED BULL RUN
by Athula Prasanna Sun Sep 26, 2021 10:22 pm

» Sathosa Motors-SMOT N -Target price 500
by buddikasmart Sun Sep 26, 2021 8:30 pm

» ASPI break vs reversal
by D.G.Dayaratne Sun Sep 26, 2021 6:30 pm

» Dividend XD Date next week
by SAGA Sun Sep 26, 2021 1:45 pm

» KOTAGALA PLANTATION PLC (KOTA.N0000)
by hotstock Sun Sep 26, 2021 12:22 pm

» LATEST: Join FINANCIAL CHRONICLE™ Discord
by CHRONICLE™ Sun Sep 26, 2021 10:12 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » South Asia's Largest Biscuit Factory - VONE

South Asia's Largest Biscuit Factory - VONE

+2
nish84
wealth123
6 posters

Go down  Message [Page 1 of 1]

wealth123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I got following information from few sources in last few weeks.
1. VONE / RCL Group will start a Biscuit Factory, which will be the largest in the region.
2. Operations will be started in 2 Years & Return on Investment is 24.00%
3. Local Market 40% & Exports 60%
4. Already obtained BOI approvals.
5. Project cost is 20 Bn.

If anyone get any news about this please comment.

nish84 likes this post

nish84


Manager - Equity Analytics
Manager - Equity Analytics
VONE 😍🚀🚀🚀

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@wealth123 wrote:I got following information from few sources in last few weeks.
1. VONE / RCL Group will start a Biscuit Factory, which will be the largest in the region.
2. Operations will be started in 2 Years & Return on Investment is 24.00%
3. Local Market 40% & Exports 60%
4. Already obtained BOI approvals.
5. Project cost is 20 Bn.

If anyone get any news about this please comment.

Super news for VONE Very Happy

invest thinker

invest thinker
Manager - Equity Analytics
Manager - Equity Analytics

@wealth123,



1st, sorry to say,
you explained above you got information regarding biscuit manufacture few weeks ago. you too late.. post here. here people have lot of times to collect this if you notify earlier. i believe , you and team collect shares last few day more, if your information true. anyway, 

better to update here your source link to see others. because of, most of people lost huge hard money engaged with rallies.

Eranga87 likes this post

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I also saw this biscuit factory news somewhere last month.
Guys, one thing... don’t buy shares for news which will become reality in 2-3yrs time!!! Some of you may not even be investing in stock market at that time 😀 biscuit factory if at all it happens will show income in 2023/24 years... why should anyone rush to buy a company now? 😂 these are well established companies... look at their current and immediate future performance unless you want to hold a share for 5yrs hoping the income from biscuits will give you a massive gain! In the meantime you will have a massive opportunity cost which will negate your 5yr earning plan.
Just think logically.

Cma, Eranga87, Win Win, Ruchira sm, Kanishka_2020 and Gowri123 like this post

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

@RJ1010,


Agreed, People learnt from BIL. most people argued with us, BIL will go Rs.,15,20,50 LEVEL. actually, What happened. after establishing the project, better to invest here, otherwise stuck whole investment for long periods.

RJ1010 likes this post

wealth123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@RJ1010 wrote:I also saw this biscuit factory news somewhere last month.
Guys, one thing... don’t buy shares for news which will become reality in 2-3yrs time!!! Some of you may not even be investing in stock market at that time 😀 biscuit factory if at all it happens will show income in 2023/24 years... why should anyone rush to buy a company now? 😂 these are well established companies... look at their current and immediate future performance unless you want to hold a share for 5yrs hoping the income from biscuits will give you a massive gain! In the meantime you will have a massive opportunity cost which will negate your 5yr earning plan.
Just think logically.

Read my comment first, How many years will it take to start operations in a big factory complex ?
This is not like BILL,
Factory construction will start in few months, But it will take 2 Years to start the operations.
Simple

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@wealth123 wrote:
@RJ1010 wrote:I also saw this biscuit factory news somewhere last month.
Guys, one thing... don’t buy shares for news which will become reality in 2-3yrs time!!! Some of you may not even be investing in stock market at that time 😀 biscuit factory if at all it happens will show income in 2023/24 years... why should anyone rush to buy a company now? 😂 these are well established companies... look at their current and immediate future performance unless you want to hold a share for 5yrs hoping the income from biscuits will give you a massive gain! In the meantime you will have a massive opportunity cost which will negate your 5yr earning plan.
Just think logically.

Read my comment first, How many years will it take to start operations in a big factory complex ?
This is not like BILL,
Factory construction will start in few months, But it will take 2 Years to start the operations.
Simple


😀 great then you can buy shares and wait for factory to open and expect a big jump in company revenue and share price

Maybe you don’t have experience in Fmcg market. I have 20+yrs experience and just sharing my knowledge. It’s upto anyone reading our comments to either believe us or not. Read below carefully...

Setting up a biscuit factory is the first step. Finding business and customers require a lot of time. 40% biscuits to local market how many years will it take to grab some market share from maliban and munchee? Even the Indian giant Britannia failed in Sri Lanka.
60% biscuits for exports... are the buyers secured.. what will be the demand from consumers to buy a new brand?
Do you know the maliban and munchee biscuits in Middle East hypermarkets are lying in the bottom shelves with no one buying.
It’s one thing to build a factory... it’s another thing to build brand loyalty and sell the biscuits.
Cheers!

AmateurTrader001, Cma, Eranga87 and Gowri123 like this post

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
without knowing much details about this biscuit factory it’s better not to jump to companies and buy shares. There are lots of unknowns... are they going to have their own branded biscuits, or are they going to manufacture biscuits for an already established other company, how did they arrive at a 24% ROI and how long they expect it to take to achieve that, are they going to produce the whole gamut of biscuit variants, which countries are they going to export to, it’s unlikely they will have foreign buyers now even prior to building a factory, foreign market demand for Sri Lankan biscuits is very very low... so how do they plan on achieving the 60% exports, what’s the production capacity etc etc. without knowing anything we should not promote this as a money spinner for VONE.
Taking a buy/sell decision on VONE for their existing businesses and based on financials and valuations is fine.
Hope you understood @wealth123

AmateurTrader001, Cma, Kipling, Eranga87, Mr. Wayne, Bakkabwoi and Gowri123 like this post

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum