China Tracker - Details for American Lorain (ALN)

 American Lorain
 Business Outlook

We are optimistic about the second half of 2011 based on what we are seeing thus far. The efforts of our management group in all three business segments are producing greater efficiencies in both the operating infrastructure and costs control which will help us as we continue to grow. Despite the current uncertainties weighing on the global economy, we remain optimistic about the outlook of our market growth in China and as well as abroad because of growing demand, improving brand recognition, and balanced supply. We will continue to execute on the Company's core strategies of driving growth through each of our business segments.

(Source: PR Newswire, 2011-08-15)

American Lorain today announced that its Board of Directors has approved a share repurchase program that authorizes American Lorain to repurchase up to $5 million of its common stock in the open market or through privately negotiated transactions in the next 12 months. "We remain confident in the fundamentals and long-term prospects of our business. However, we believe our common shares are currently undervalued and are thus initiating this share buyback program. We will continue to focus on growing our business and thus enhancing shareholder value."

(Source: PR Newswire, 2011-06-30)

Chestnut sales (both domestically and internationally) have remained strong throughout the first four months of the year when compared to last. While it is always a challenge to precisely assess customer demand for our products, we are optimistic about fiscal 2011 based on what we are seeing thus far. The efforts of our management group in all three business segments are producing greater efficiencies in both the operating infrastructure and costs control which will help us as we continue to grow. We are in a very basic business, supplying easy, ready-to-eat food to individuals across the globe. In tough economic times, people tend to cook at home by shopping at their local grocer. This is our core business and, along with our international presence, we should be better positioned than many of our local competitors in this regard. We are optimistic about the outlook of our market growth in China and abroad because of growing demand, improving brand recognition, and balanced supply. We will continue to execute on the Company's core strategies of driving growth through each of our business segments.

(Source: PR Newswire, 2011-05-16)

We are optimistic about the outlook of our market growth in China and abroad because of growing demand, improving brand recognition, and balanced supply. We have chosen to not report official 2011 top and bottom line guidance at this time, but our Company is continuing to generate excess cash flow and is well positioned to continue organic growth at a 20-30% growth rate. Finally, we also will strategically identify, research, and if appropriate, look to acquire target companies with desired facilities in areas that fit into American Lorain's growth plans.

(Source: PR Newswire, 2011-03-31)

We are confident that our new frozen chestnut products will contribute to revenue in the third quarter and are pleased to report we have begun shipping our frozen chestnut raw materials to our Lorain branded retail counters in China, Japan and the Korean market. Convenience food products remain an exciting growth category for our Company. After a series of new product launches, including lunch box entres, bean products and cold dishes, we are pleased to report that customers have been purchasing popular items in each product family and we thus expect strong re-orders for these items through the balance of the year.

(Source: PR Newswire, 2010-08-10)

American Lorain provided 2010 guidance of $182.0 to $190.0 million in revenues or 24.1% - 29.5% organic growth for the year. The Company also provided net income guidance of $17.8 - $19.0 million in net income which will represent 23.6% - 31.9% growth.

(Source: PR Newswire, 2010-05-13)

Nationwide distribution and a large number of retail locations are key assets which we want to continue growing at American Lorain. We plan to increase the total number of store locations where consumers can purchase our products to over 8,000 by the end of 2010. Increased distribution will enable our existing product lines to drive growth. Our creation of an extensive distribution network of large grocery stores and smaller convenience stores will also allow us to sell complementary products, leveraging our fixed costs.

(Source: PR Newswire, 2010-03-30)

American Lorain has provided 2010 guidance of $182.0 to $190.0 million in revenues or 24.1% - 29.5% organic growth for the year. The Company also provided net income guidance of $17.8 - $19.0 million in net income which will represent 23.6% - 31.9% growth year over year.

(Source: PR Newswire, 2010-03-29)
ALN
Food
SCORE
6
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Current Price:  $0.36
F10k Day (2008-02-21): -96.02%$9.00
2009 Close: -88.23%$3.05
2010 Close: -86.25%$2.61
2011 Close: -77.57%$1.60
High (2012-10-19): -75.75%$1.48
Low (2012-07-19): -64.46%$1.01
Exchange: ASE
Market Capitalization: 12.36 mill
Total Shares: 34.42 mill
Float: 6,209,000.00 mill
Avg Volume: 146.80 k
Short Interest: 59.60 k
Short Ratio: 0.56%0.4 d
Last Quarter: 2010-12-31
Revenue (MRQ): 82.32 mill
Net Income (MRQ): 8.21 mill
Op. Cash Flow (MRQ): 33.86 mill
all financial data provided without warranty