25-09-2017, 10:35 PM
(25-09-2017, 05:24 PM)piaopiao Wrote:(25-09-2017, 01:41 PM)specuvestor Wrote:(25-09-2017, 12:54 PM)piaopiao Wrote: Specuvestor,
There are also pictures showing sales in other provinces.
The factory in Guangdong does not belong to Garden Fresh. It does contract manufacturing for Garden Fresh.
Garden Fresh factory in Sichuan is small, 90,000 tonnes a year. Its Hubei factory is much larger, 200,000 tonnes.
It is not a good basis to say that since there are factories in Guangdong in Sichuan, sales in these two provinces are good.
The Anhui factory, nearing completion, is 240,000 tonnes.
Piao Piao
I think the links below already answers your question, especially pg 2 & 3 of the company's reply. Anhui was supposed to be completed in 1H17 as per the link and it is not for GF drinks. For those who follow the stock, the idea was GF is the high growth area yet future capex going into Grandness Anhui which the past few years' results doesn't seem promising.
I didn't say sales in Guangdong and Sichuan are good because of the factories, though usually production tends to be near demand, port or end demand. You might want to post links to show activities in other provinces but anecdotally most of the activities I see online is within Guangdong, even for the recent YoungInvestor's post. But it's anecdotal based on what forums been trying to prove / disprove.
(25-09-2017, 10:37 AM)Young Investor Wrote: Hi Yeokiwi
You post will be more complete if you include Sino's clarification dated 30 Oct 16:
http://infopub.sgx.com/FileOpen/SGFI_Res...eID=426912
(25-09-2017, 07:05 AM)yeokiwi Wrote: https://geoinvesting.com/geoinvesting-re...statement/
It is a fact that the factory in Anhui will produce both canned food and beverage, just like the Hubei factory.
The factory land in Hubei is 10 hectares. It is owned by Garden Fresh. Grandness, the canned business, is the lessee.
The factory land in Anhui is 13 hectares. It is owned by Grandness. Garden Fresh is the lessee.
This is disclosed in page 182 of Garden Fresh draft propectus.
During the 2Q results briefing, CEO mentioned that works on the beverage factory in Anhui is progressing.
No need to shout so loud. Mods take note.
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