by behappyalways:-
Horrible Chinese nationalism!
Nongfu Spring was exposed by the Internet and turned into a street rat
可怕的中國民族主義! 農夫山泉遭網暴媚日穿鑿附會成過街老鼠 TVBS文茜的世界周報 20240323
https://m.youtube.com/watch?v=McFJxxo030Q
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Nongfu Spring 9633
35 posts
• Page 2 of 4 • 1, 2, 3, 4
Re: Nongfu Spring 9633
by winston » Fri Mar 29, 2024 8:57 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Thu Jun 27, 2024 2:34 pm
not vested
May 7, 2024
<Research>Citi Adds NONGFU SPRING (09633.HK) TP to $60.15, Lifts FY24/FY25 Earnings Forecasts
In a report, Citi Research raised its net profit forecast on NONGFU SPRING (09633.HK) for FY24 and FY25 by 6% and 5% respectively, reflecting the company's better-than-expected performance in FY23.
Citi expected NONGFU SPRING's packaged water, tea drinks, functional drinks and fruit juices segments to grow by 11%, 31%, 19% and 19% YoY respectively in FY24.
The broker also elevated its target price for NONGFU SPRING H-shares from $59.4 to $60.15 and maintained its Buy rating.
Related News: Citi: UK & EU Institutional Investors Raise Interest in CN Consumer Staples, w/ Focus in MENGNIU/ CR BEER/ NONGFU SPRING/ LI NING & Others
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
May 7, 2024
<Research>Citi Adds NONGFU SPRING (09633.HK) TP to $60.15, Lifts FY24/FY25 Earnings Forecasts
In a report, Citi Research raised its net profit forecast on NONGFU SPRING (09633.HK) for FY24 and FY25 by 6% and 5% respectively, reflecting the company's better-than-expected performance in FY23.
Citi expected NONGFU SPRING's packaged water, tea drinks, functional drinks and fruit juices segments to grow by 11%, 31%, 19% and 19% YoY respectively in FY24.
The broker also elevated its target price for NONGFU SPRING H-shares from $59.4 to $60.15 and maintained its Buy rating.
Related News: Citi: UK & EU Institutional Investors Raise Interest in CN Consumer Staples, w/ Focus in MENGNIU/ CR BEER/ NONGFU SPRING/ LI NING & Others
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Thu Jun 27, 2024 2:37 pm
not vested
Apr 10, 2024
<Research>M Stanley Slightly Adds NONGFU SPRING (09633.HK) TP to $50 on Steady Expansion
NONGFU SPRING (09633.HK) 's management targets double-digit sales growth across all beverage segments in 2024, with stable gross margin in 1H24, Morgan Stanley released a research report saying.
Management does not believe high gross profit margins recorded in 2023 to be sustainable in the long term.
Morgan Stanley added its target price on the Company to $50 (originally $49), with rating at Equalweight, and raised its EPS forecasts for 2024 and 2025 by 11-12%.
Morgan Stanley expected the Company's EPS to be RMB1.57 in 2026.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
Apr 10, 2024
<Research>M Stanley Slightly Adds NONGFU SPRING (09633.HK) TP to $50 on Steady Expansion
NONGFU SPRING (09633.HK) 's management targets double-digit sales growth across all beverage segments in 2024, with stable gross margin in 1H24, Morgan Stanley released a research report saying.
Management does not believe high gross profit margins recorded in 2023 to be sustainable in the long term.
Morgan Stanley added its target price on the Company to $50 (originally $49), with rating at Equalweight, and raised its EPS forecasts for 2024 and 2025 by 11-12%.
Morgan Stanley expected the Company's EPS to be RMB1.57 in 2026.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Thu Jun 27, 2024 2:41 pm
not vested
<Research Report>BOCOMI Raises NONGFU SPRING (09633.HK) TP to $58.68 as Results Beat Consensus
2024/03/28
NONGFU SPRING (09633.HK) 's 2023 results beat expectations, with net margin reaching all-time high of 28.3%, BOCOMI issued a research report saying. Revenue guidance for 2024 is double-digit growth.
Although the Company's e-commerce channel was negatively impacted by online sentiment, its traditional channels were less affected.
BOCOMI kept rating on NONGFU SPRING at Buy.
Considering the gradual recovery of spending power and the high growth in the tea business, BOCOMI raised its target price to $58.68.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
<Research Report>BOCOMI Raises NONGFU SPRING (09633.HK) TP to $58.68 as Results Beat Consensus
2024/03/28
NONGFU SPRING (09633.HK) 's 2023 results beat expectations, with net margin reaching all-time high of 28.3%, BOCOMI issued a research report saying. Revenue guidance for 2024 is double-digit growth.
Although the Company's e-commerce channel was negatively impacted by online sentiment, its traditional channels were less affected.
BOCOMI kept rating on NONGFU SPRING at Buy.
Considering the gradual recovery of spending power and the high growth in the tea business, BOCOMI raised its target price to $58.68.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Thu Jun 27, 2024 4:10 pm
vested
Price War Brewing in CN Pure Drinking Water Mkt; NONGFU SPRING (09633.HK) Craters 7%+
Chinese media reported that a price war in the Mainland pure water market is boiling.
NONGFU SPRING (09633.HK) has recently started a promotion for purified drinking water, selling a pack of twelve 550ml bottles of water at RMB9.9.
In some retail channels, the price per pack is as low as RMB8.9, or about RMB0.74 per bottle of water, constantly digging below the RMB2 per bottle price band maintained by other pure water brands such as Wahaha.
In addition, EAST BUY (01797.HK) also held a press conference in Beijing for its new self-operated brand recently, launching 7 new summer products including mineral water, crayfish, sour plum drink, summer quilt and T-shirt, marking the company's first foray into the bottled water market.
The 350ml 24-bottle pack is priced at RMB37.87 after discounts, while the 500ml 24-bottle pack is priced at RMB45.41. The express delivery price of a single bottle is less than RMB2.
NONGFU SPRING once crashed 7.9% today (27 June) to as low as $36.9, and is trading now at $37.15, plummeting 7.24%, with a volume of 11.4904 million shares and a capital of $434 million. EAST BUY stands now at $12.8, up 0.31%, with 6.27 million shares traded, involving $79.8819 million.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
Price War Brewing in CN Pure Drinking Water Mkt; NONGFU SPRING (09633.HK) Craters 7%+
Chinese media reported that a price war in the Mainland pure water market is boiling.
NONGFU SPRING (09633.HK) has recently started a promotion for purified drinking water, selling a pack of twelve 550ml bottles of water at RMB9.9.
In some retail channels, the price per pack is as low as RMB8.9, or about RMB0.74 per bottle of water, constantly digging below the RMB2 per bottle price band maintained by other pure water brands such as Wahaha.
In addition, EAST BUY (01797.HK) also held a press conference in Beijing for its new self-operated brand recently, launching 7 new summer products including mineral water, crayfish, sour plum drink, summer quilt and T-shirt, marking the company's first foray into the bottled water market.
The 350ml 24-bottle pack is priced at RMB37.87 after discounts, while the 500ml 24-bottle pack is priced at RMB45.41. The express delivery price of a single bottle is less than RMB2.
NONGFU SPRING once crashed 7.9% today (27 June) to as low as $36.9, and is trading now at $37.15, plummeting 7.24%, with a volume of 11.4904 million shares and a capital of $434 million. EAST BUY stands now at $12.8, up 0.31%, with 6.27 million shares traded, involving $79.8819 million.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Tue Jul 09, 2024 8:38 pm
vested
NONGFU SPRING Controlling Shareholder 'Yangshengtang' to Add Stake, Buying Up to $2B H-Shrs
NONGFU SPRING (09633.HK) announced that it has been informed by its controlling shareholder, Yangshengtang Co., Ltd. that, based on its recognition of the value of the company and its confidence in the overall business development and growth potential of the company, Yangshengtang intends to purchase additional H shares of the company with its internal funds on the open market to increase its shareholding in the company in about 6 months commencing from the date of this announcement, with an estimated total amount up to HK$2 billion.
As at the date of this announcement, Yangshengtang directly owns 7.515 billion shares of the NONGFU SPRING, representing approximately 66.82% of the total issued shares of the company.
Zhong Shanshan owns, directly and indirectly through Yangshengtang, 9.444 billion shares of the company, representing about 83.98% of the total issued shares.
NONGFU SPRING noted that if the shareholding increasing plan is implemented, it will continue to maintain a sufficient public float of the shares in issue.
The company's board added that Yangshengtang's plan to increase shareholding demonstrates the controlling shareholder’s long-term commitment to and strong confidence in the prospects of the company.
Source: AAStocks Financial News
https://tradesoftheday.com/2024/07/09/p ... sdaq-hive/
NONGFU SPRING Controlling Shareholder 'Yangshengtang' to Add Stake, Buying Up to $2B H-Shrs
NONGFU SPRING (09633.HK) announced that it has been informed by its controlling shareholder, Yangshengtang Co., Ltd. that, based on its recognition of the value of the company and its confidence in the overall business development and growth potential of the company, Yangshengtang intends to purchase additional H shares of the company with its internal funds on the open market to increase its shareholding in the company in about 6 months commencing from the date of this announcement, with an estimated total amount up to HK$2 billion.
As at the date of this announcement, Yangshengtang directly owns 7.515 billion shares of the NONGFU SPRING, representing approximately 66.82% of the total issued shares of the company.
Zhong Shanshan owns, directly and indirectly through Yangshengtang, 9.444 billion shares of the company, representing about 83.98% of the total issued shares.
NONGFU SPRING noted that if the shareholding increasing plan is implemented, it will continue to maintain a sufficient public float of the shares in issue.
The company's board added that Yangshengtang's plan to increase shareholding demonstrates the controlling shareholder’s long-term commitment to and strong confidence in the prospects of the company.
Source: AAStocks Financial News
https://tradesoftheday.com/2024/07/09/p ... sdaq-hive/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Thu Jul 11, 2024 2:38 pm
not vested
<Research>Macquarie Downgrades NONGFU SPRING (09633.HK) to Underperform, Axes TP 29% to $26
Macquarie commented in a report that it expected NONGFU SPRING (09633.HK) 1H24 sales growth to slow to 7.6% YoY and net profit to fall 4.6%, mainly due to strong sales promotion and higher investment in sales channels.
The broker also expected the company's 1H gross margin to narrow by 2.2 ppts to 58%, with higher discounts offsetting cost reduction.
The broker slashed its 2024, 2025 and 2026 earnings forecasts by 20.4%, 28% and 30.8% respectively, reflecting a moderate growth outlook and heavy promotional costs due to increased competition.
Related News: M Stanley Believes NONGFU SPRING (09633.HK) Shr Price Has 70-80% Chance to Rise in Next 15 Days
Macquarie axed NONGFU SPRING's target price by 29% to $26 and downgraded its rating from Neutral to Underperform.
The broker expected NONGFU SPRING's revenue growth to slow to single digits in 1H24, compared to a 33% growth in 2H23, mainly due to the group being caught up in an online controversy with its rival Wahaha, as well as increasing competition in the bottled water sector.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Research>Macquarie Downgrades NONGFU SPRING (09633.HK) to Underperform, Axes TP 29% to $26
Macquarie commented in a report that it expected NONGFU SPRING (09633.HK) 1H24 sales growth to slow to 7.6% YoY and net profit to fall 4.6%, mainly due to strong sales promotion and higher investment in sales channels.
The broker also expected the company's 1H gross margin to narrow by 2.2 ppts to 58%, with higher discounts offsetting cost reduction.
The broker slashed its 2024, 2025 and 2026 earnings forecasts by 20.4%, 28% and 30.8% respectively, reflecting a moderate growth outlook and heavy promotional costs due to increased competition.
Related News: M Stanley Believes NONGFU SPRING (09633.HK) Shr Price Has 70-80% Chance to Rise in Next 15 Days
Macquarie axed NONGFU SPRING's target price by 29% to $26 and downgraded its rating from Neutral to Underperform.
The broker expected NONGFU SPRING's revenue growth to slow to single digits in 1H24, compared to a 33% growth in 2H23, mainly due to the group being caught up in an online controversy with its rival Wahaha, as well as increasing competition in the bottled water sector.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Tue Jul 16, 2024 9:05 pm
Mainland China drinks giant pours cold water on Hong Kong watchdog’s ‘irresponsible’ report
Nongfu Spring issues legal letter denying Consumer Council study that claimed bottled water contained potentially hazardous chemical at EU limit level
by Willa Wu
Mainland China’s biggest producer of bottled water has slammed an “extremely unscientific and irresponsible” report by Hong Kong’s Consumer Council and demanded an apology after the watchdog said the product was on the EU limit for a potentially dangerous chemical.
Nongfu Spring issued a legal letter on Tuesday that sought to rubbish a recent council report that found the company’s bottled water contained bromate at the maximum level of European Union quality standards.
Source: SCMP
https://www.scmp.com/news/hong-kong/soc ... 0646&tc=22
Nongfu Spring issues legal letter denying Consumer Council study that claimed bottled water contained potentially hazardous chemical at EU limit level
by Willa Wu
Mainland China’s biggest producer of bottled water has slammed an “extremely unscientific and irresponsible” report by Hong Kong’s Consumer Council and demanded an apology after the watchdog said the product was on the EU limit for a potentially dangerous chemical.
Nongfu Spring issued a legal letter on Tuesday that sought to rubbish a recent council report that found the company’s bottled water contained bromate at the maximum level of European Union quality standards.
Source: SCMP
https://www.scmp.com/news/hong-kong/soc ... 0646&tc=22
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Wed Jul 17, 2024 8:11 am
vested
NONGFU SPRING Executive Director Brings Lawyer to CC HQ, Says Firm Will Get to Heart of Matter if Apology Isn't Made
NONGFU SPRING (09633.HK) said this morning (16th) that it had already issued a lawyer's letter to the Consumer Council of Hong Kong (CC), claiming that there were errors in the report released yesterday (15th), and demanding clarification and apology from the CC.
Han Linyou, an Executive Director of NONGFU SPRING, went to CC's headquarters in North Point this afternoon with a lawyer, saying that if apology isn't made, the Company would look into the matter thoroughly.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
NONGFU SPRING Executive Director Brings Lawyer to CC HQ, Says Firm Will Get to Heart of Matter if Apology Isn't Made
NONGFU SPRING (09633.HK) said this morning (16th) that it had already issued a lawyer's letter to the Consumer Council of Hong Kong (CC), claiming that there were errors in the report released yesterday (15th), and demanding clarification and apology from the CC.
Han Linyou, an Executive Director of NONGFU SPRING, went to CC's headquarters in North Point this afternoon with a lawyer, saying that if apology isn't made, the Company would look into the matter thoroughly.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
Re: Nongfu Spring 9633
by winston » Thu Jul 18, 2024 10:12 am
vested
NONGFU SPRING Advances ~4% as Bottled Water Samples Re-rated by CC
NONGFU SPRING (09633.HK) 's bottled water samples were upgraded by the Consumer Council of Hong Kong (CC).
NONGFU SPRING's share price was affected by the CC's report and the price war in China.
Comparing the low of $32.2 on Tuesday (16th) with the intraday high of $48.8 on 3 May, the stock sank by about 34% in two and a half months.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
NONGFU SPRING Advances ~4% as Bottled Water Samples Re-rated by CC
NONGFU SPRING (09633.HK) 's bottled water samples were upgraded by the Consumer Council of Hong Kong (CC).
NONGFU SPRING's share price was affected by the CC's report and the price war in China.
Comparing the low of $32.2 on Tuesday (16th) with the intraday high of $48.8 on 3 May, the stock sank by about 34% in two and a half months.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114229
- Joined: Wed May 07, 2008 9:28 am
35 posts
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