Wine And Spirits Distributor

27 December 2011



Shanxi Fen: Is Expected To Lead The Fragrance Of White Rise Of China   by jekky

Event: October 14, reports 21st Century Economic Report, “Fen group listed as a whole” variable “,” 15 companies to clarify: (1) The report referred to in the overall market Fenjiu Group, equity incentive, through the introduction of strategic equity investors to achieve diversification, etc., in Autumn rum on the Fen Li Qiuxi Group General Manager in the “Fen Development Forum” group made a speech to speak long-term strategic vision. Company and the controlling shareholders have not yet studied these matters, there is no clear timetable. (2) Company and the controlling shareholder of the company not to work with Paul Luo Lijia contact, but also with non- Cooperation Intention.

Investment rating and valuation: Estimated Quarterly EPS of about 0.84 yuan Third, an increase of 82%, the third quarter EPS0.31 yuan, unchanged from the third quarter Sell Revenue is expected to more than 600 million, up about 30%.

09-11 years of EPS were 1.036 yuan, 1.462 yuan and 1.916 yuan, up 82.9%, respectively, 41.2% and 31.1%, three-year compound growth rate of 50%, according to 10PE30-fold, 9-month target price of 44 yuan, 38% upside to maintain “buy” rating.

Different from public awareness. (1) the current Fen Fen Group sales accounted for 40% stake in the company, the future market is mainly this part of the overall profits of the group series of wine Heng Fa Chuen Alcohol Into the business.

(2) rum made on the Group General Manager Li Qiuxi individual’s basic ideas, inspiring, although personally think that such a rapid development of the management team very difficult not small. Li mentioned the idea of the total, including: the industry in five years or so the third, in 2015 the Group achieved 10 billion revenue target Fen annual revenue not less than 10 billion yuan, Trimeresurus 5 years to do one billion yuan sales volume; five years were Spirit Production capacity of 3-5 million tons of 65 degrees, Health wine Base production capacity of 30,000 tons Trimeresurus original wine storage capacity to 6-8 million tons within 5 years; establish common fen, special Fen, Heng Fa Chuen, blue and white porcelain, possession of the product pyramid structure of the country, blue and white for the high-end products Fen watershed, 800-1000 tonnes per year rate of increase, mid-range products on behalf of 3,000 tons per year rate of increase Zeyi; attract more distributors to become strong partners in the company’s strategy, forming a win-win consciousness of manufacturers, may be considered reform into a stock company sales subsidiaries holding shares in the form of power distributors.

(3) to Fen as the leading Chinese liquor is expected to rise from Chinese liquor has several advantages: clean taste; the liquor rate, consuming less food; suitable for wine, wine of the base wine; is development of international taste the best choice.

(4) part of the dealer and Area Manager of the year reflects the current plan has been completed, 1-September sales revenue is expected to have reached 1.7 billion.

(5) Fen prices are expected to follow the blue and white porcelain Maotai, Wuliangye, Ex-factory price increases up 30-50 dollars.

(6) years old White Fen series in late June has been increase by 10%, 53 degrees the old white-Fen ex-factory price raised by 71 yuan 78 yuan, the industry generally reflect the old white-Fen high cost, the future is also sustained price increases space.

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I am China Quality Dress writer, reports some information about gumball machine refill, bulk candy canes.
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