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RE: MAXS - Max's Group Inc. - avenger - 08-10-2015

(08-07-2015, 12:11 PM)damooves021 Wrote:
(08-07-2015, 11:22 AM)zoktok Wrote: BA Sec has been buying in bulk during closing. What does BA know that nobody else know??? Let's see if this rally is sustainable.

[Image: fb_zpsvgt35mfe.png]

Mataas ata ang 1h earnings

2q earnings were a disappointment. maganda lang ang headline kasi loss last year. BA is supporting the price for someone.




RE: MAXS - Max's Group Inc. - avenger - 08-11-2015

(08-10-2015, 04:12 PM)avenger Wrote:
(08-07-2015, 12:11 PM)damooves021 Wrote:
(08-07-2015, 11:22 AM)zoktok Wrote: BA Sec has been buying in bulk during closing. What does BA know that nobody else know??? Let's see if this rally is sustainable.

[Image: fb_zpsvgt35mfe.png]

Mataas ata ang 1h earnings

2q earnings were a disappointment. maganda lang ang headline kasi loss last year. BA is supporting the price for someone.

what is with BA? stock was down 5% and then he bids it up at closing. really supporting closing price for someone. i smell an equity tap.


RE: MAXS - Max's Group Inc. - Ollie - 09-29-2015

....post post lang ng latest news sa company


SEC approves consolidation of Max’s Group

THE Securities and Exchange Commission (SEC) has approved the plan of Max’s Group Inc., the country’s largest chain of casual-dining restaurants, to merge 11 of its units in a move to rationalize its operations.

In its disclosure to the Philippine Stock Exchange, the company said it is merging its units Max’s Circle Inc., Max’s Makati Inc., Max’s SM Marikina Inc., Max’s Baclaran Inc., Max’s Food Services Inc., Max’s (Ermita) Inc., Max’s Franchising Inc., Chicken’s R Us Inc., Square Top Inc., Max’s Express Restaurants Inc. and Max’s Kitchen Inc., which will also be the surviving entity.

“This merger is part of the continuing efforts of the company to streamline and rationalize the operations of the Max’s Group,” it said.

The company was still rationalizing its operations as it merged with the operations of Pancake House Inc. last year.

Earlier this year, it decided to fold Singapore-based management consultancy firm Global Max Services Pte Ltd. into the company.

Global Max is registered in Hong Kong and is engaged in the business of management-consultancy services.
Max’s said it entered a share-purchase agreement and acquired Global Max for about $1 million. The transaction will be completed by December this year.

Global Max previously had almost the same majority owners of Max’s.

The sellers include William Rodgers; Ruby Estaniel; Sharon Fuentebella, Max’s chairman; Jim Fuentebella; Cristina Garcia; Carolyn Salud; Jimmy Trota; and Robert Trota, Max’s president and CEO.

Max’s earlier also folded eMax’s, a company registered in Colorado, USA. The company was engaged in the granting of franchises for the development and operation of restaurants under the Max’s brand name within North America.

For its overseas expansion, Max’s appointed Peter King as its international CEO.

King, 49, has served as vice president for Asia Pacific of Krispy Kreme from June 2011 to January 2015. Previously, he also served as general manager for Swensen’s Ice Cream, Minor Group of Thailand from May 2008 to June 2011.

The company earlier said its income jumped more than sixfold for the first half of the year to P247.74 million.

On a pro-forma basis, or assuming that both Max’s and Pancake House merged for the period, its income would have only grown by 37.5 percent or to P180.17 million.

Max’s only received regulatory approval to merge with Pancake House in November 2014.

“We continue to build on the momentum gained in the first quarter and expect to sustain this growth trajectory on the back of well-structured operations,” Robert Trota said.

For the period, the company had to simultaneously close down 10 of the 13 branches of Le Coeur De France, which it said will have to undergo a major rebranding to upgrade product quality and service platform.

Max’s has been implementing a series of store closures when it merged with Pancake House, formerly owned by the Lorenzo family.

During this phase, Max’s aims to consolidate a larger base of operations by standardizing procedures and streamlining back-end support to capitalize on operational efficiencies.

Future openings will be located in prime growth areas featuring a refreshed store look and design complemented by enhanced menu offerings, it said.

Max’s Group’s consolidated revenues increased 166 percent to P4.88 billion from last year. On a pro-forma basis, topline growth was only at 6 percent or to P4.62 billion.


source http://www.businessmirror.com.ph/sec-approves-consolidation-of-maxs-group/


RE: MAXS - Max's Group Inc. - Ollie - 10-20-2015

...news lang poh Smile


Max’s continues expansion in UAE with Pancake House

MAX’S Group, Inc. (MGI) has sealed a deal to bring the Pancake House brand to the United Arab Emirates (UAE) in line with a plan to boost its international business.

The country’s largest casual dining restaurant operator told the stock exchange it signed a development agreement with Lulu Group to put up at least eight Pancake House stores in the UAE within the next five years.

Pancake House is MGI’s third brand in the Middle Eastern nation after Max’s Restaurant, which has four existing stores, and Yellow Cab, which inked an agreement in August build 10 stores in the next five years.

“We are pleased with the opportunity to further broaden our reach in the UAE this time around for Pancake House. We are excited with our partnership with Lulu Group, an established retailer with a storied and rich history of success, to serve our products to the Emiratis,” MGI President and Chief Executive Officer Robert F. Trota was quoted in the statement as saying.

Established in 1996, the UAE-based Lulu Group is in the businesses of retail, imports, exports, trading, shipping, information technology, tourism and education, with operations spanning across 21 countries.

“We are also encouraged that our international campaign has received strong interest from a number of potential foreign partners. This can be attributed to the strength of our diverse portfolio of brands catering to various markets and tastes, anchored on a solid and well-organized MGI support system,” Mr. Trota said.

This marks the fourth development agreement signed by MGI for 2015 in line with plans to establish at least 200 international outlets by 2020 across its brands.

“For this year, we were initially aiming at closing at least two territories. With this, we were able to exceed our targets,” Mr. Trota said.

The Lulu Group, through Tablez Food Company, has created its own portfolio of restaurants, cafes and ice cream stores coupled with international franchised brands in the Middle East and India.

“I am also excited about the fact that UAE and the Gulf region is home to a large Filipino community and a brand like Pancake House will be a big hit and also gives us a chance to present this brand to other diverse nationalities residing here,” Tablez Food Company CEO Shafeena Yusuff Ali said.

Homegrown fastfood giant Jollibee Foods Corp. enjoyed strong reception when it opened a branch in Dubai, UAE’s largest city, earlier this year.

Pancake House operates a network of 123 branches including nine franchised outlets located in Malaysia and Brunei.

Pancake House is part of MGI’s stable of brands which include Max’s Restaurant, Max’s Corner Bakery, Krispy Kreme, Jamba Juice, Dencio’s, Kabisera ng Dencio’s, Teriyaki Boy, Sizzlin’ Pepper Steak, Le Coeur De France, The Chicken Rice Shop, Singkit, Maple and Yellow Cab.



source http://www.bworldonline.com/content.php?section=Corporate&title=maxs-continues-expansion-in-uae-with-pancake-house&id=117215


RE: MAXS - Max's Group Inc. - Ollie - 10-27-2015

...good news again, slow organic growth, another JFC in the making


Max’s eyes Davao, Cebu expansion

DAVAO CITY -- Max’s Group, Inc. is eyeing to open 17 new branches of its flagship casual dining chain Max’s Restaurant next year, with the cities of Davao and Cebu as priority areas.

“We are open for expansion through franchise... if we come out (of) Manila, the top priorities are Davao and Cebu,” said Bobby C. Simborio, relationship marketing and media manager, who was in town last week for promotional events.

Mr. Simborio said the expansion strategy is to ensure that each branch will be profitable given the potential market and the distance between the restaurants.

Cebu and Davao each have two Max’s restaurant branches at present, based on the company’s Web site.

Listed Max’s Group has an ongoing consolidation program for its branch network as part of its growth program as the company reported a net income of P247.74 million in the first half of the year, a 561% year-on-year increase compared to the P37.5 million in 2014.

“(The) market in Davao always looks for the value for money and they don’t like spending much but they want value for money in all service. May pera ang Davao (People have money in Davao) but they want value for money and satisfaction,” Mr. Simborio said.

Mr. Simborio said they are also aiming to boost sales in the Davao City market by strengthening delivery services.

The Max’s group includes brands such as Max’s Corner Bakery, Pancake House,Yellow Cab, Dencio’s, Kabisera ng Dencio’s, Teriyaki Boy, Sizzlin’ Pepper Steak, Le Coeur De France, The Chicken Rice Shop, Singkit, Maple, Krispy Kreme, and Jamba Juice.


source http://www.bworldonline.com/content.php?section=Corporate&title=maxs-eyes-davao-cebu-expansion&id=117512


RE: MAXS - Max's Group Inc. - SCALPER - 10-27-2015

tama dapat sa second cities sila pumarada at hindi sa NCR kikita pa sila... di nmn mahilig mga un ng manok e...


RE: MAXS - Max's Group Inc. - Ollie - 02-09-2016

...P350M worth of buyback money 'til 2018 Smile nice


Max’s launches buyback after valuations fall to ‘attractive’ levels

MAX’S Group, Inc. has commenced a buyback program, calling the company’s shares “attractive” following a sell-off in the broader market.

The Philippines’ largest casual dining operator told the stock exchange yesterday its board of directors approved a two-year share buyback program worth P350 million. It will run until Feb. 3, 2018.

Shares in Max’s Group have lost 24.83% from its close of P19.98 as of the end of December. It added 48 centavos or 3.3% to P15.02 on Friday.

As of Thursday’s closing price of P14.54, the size of the buyback will amount to about 2.2% of shares outstanding.

“We feel valuations are quite attractive relative to our long-term growth,” Max’s Group Deputy Compliance Officer Paul C. Cheah said in a phone interview.

The share repurchase program is part of the company’s “cash management activities seen to benefit shareholders in the long term,” Max’s Group said.

Despite delays in site turnover, the company finished 2015 with a network of around 600 stores after ramping up expansion in the fourth quarter. It plans to open 60-80 stores this year.

Max’s Group’s stable of brands include Max’s Restaurant, Max’s Corner Bakery, Krispy Kreme, Jamba Juice, Pancake House, Dencio’s, Kabisera ng Dencio’s, Teriyaki Boy, Sizzlin’ Pepper Steak, Le Coeur De France, The Chicken Rice Shop, Singkit, Maple and Yellow Cab.

Max’s Group posted a net profit of P313.12 million in the first nine months of 2015, a reversal of the net loss of P31.36 million a year earlier.

The results reflected the performance of Max’s entities and Pancake House Group in the January to September period.


source http://www.bworldonline.com/content.php?section=Corporate&title=max&8217s-launches-buyback-after-valuations-fall-to-&145attractive&8217-levels&id=122674




RE: MAXS - Max's Group Inc. - Pidru - 02-11-2016

anak ka ng...
nut


RE: MAXS - Max's Group Inc. - manilaoperator - 02-16-2016

Big cross by BDO on 2/15/2016 finally pushed it above 15.0.

Strong break above 15.5 (32ma resistance, and support turned resistance of downward channel) can send this to 18 (65ma)


RE: MAXS - Max's Group Inc. - brix99 - 02-17-2016

(02-16-2016, 09:53 PM)manilaoperator Wrote: Big cross by BDO on 2/15/2016 finally pushed it above 15.0.

Strong break above 15.5 (32ma resistance, and support turned resistance of downward channel) can send this to 18 (65ma)

also a fib resistance... Smile