Food and beverage stocks

Article Abstract:

Food and beverage stocks are expected to bring in significant returns in the Philippine stock market due to the coming elections, the drop in prices of raw materials and the improved economic performance of the country. The food and beverage sector saw stock price earnings drop by 73% in the first nine months of 1996, but the sector has gradually recovered and is forecasted to increase its earnings by 63% for the rest of 1997. Stock performance in this sector should recover with decreasing prices for raw materials as raw materials account for 30% of the of product costs.

Securities Exchanges, Forecasts and trends, Exchanges, Statistics, Manila Stock Exchange

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Alcohol and tobacco help investors weather the storm

Article Abstract:

Analysts in Kuala Lumpur, Malaysia are recommending that investors should turn to consumption stocks such as beverages, cigarettes, and food to protect their investments. The Malaysian stock market has been losing significantly since March 1997, with declines in prices of as much as 10.5%. Fund managers cited stocks of companies such as Carlsberg Breweries Malaysia, KFC Holdings Malaysia, and Rothmans of Pall Mall Malaysia as safe investments due to their high dividend yields and growth earnings which can range from 10% to 15% per year.

Misc Stock Exchanges, Management, Malaysia, Tobacco industry, Stock price forecasting, Kuala Lumpur, Malaysia (City), Nestle (Malaysia) Bhd., KFC Holdings (Malaysia) Bhd., Carlsberg Brewery Malaysia Bhd., Guinness Anchor Bhd., Rothmans of Pall Mall (Malaysia) Bhd.

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New chairman Cojuangco maps out plans for San Miguel

Article Abstract:

Philippines-based San Miguel Corp's new chairman, Eduardo Cojuangco, outlined his plan for boosting profit growth at the company. His plan includes reducing debts, selling several foreign assets and entering into more partnerships with companies in the food-and-packaging sector. San Miguel's profits have been plummeting in recent years due to the firm's enormous debt burden and the Asian currency crisis.

Officials and employees, Appointments, resignations and dismissals, San Miguel Corp., Cojuangco, Eduardo

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