- If you have never invested in a Thai company before, F&N gives you a preview to how a ...
This is the very first meeting I fell asleep at.
Really. And yes, it was rude of me!
F&N owns branded beverages such as the isotonic drink ‘100 Plus’, soya milk ‘Nutrisoy’ and other flavored drinks branded under ‘F&N Seasons’. In fact, according to the company’s annual report, these few key products are the number one brand in their categories in Singapore and Malaysia.
The kind of businesses F&N owns might explain why I fell asleep: a stable, ‘boring’ business with resilient revenues and earnings regardless of market conditions. F&N has been a stable and predictable investment allowing its loyal shareholders to sleep well for the past 130 years.
Thankfully, I fell asleep only after the Q&A session was over and here are seven key lessons I took away from the AGM: